Raleigh, North Carolina, USA
3 days ago
Sr. Business Analyst
Job Description

TEAM MEMBER WILL BE REQUIRED TO WORK FROM OUR RALEIGH, NC HQ FOUR DAYS A WEEK.

Job Description Summary

The Sr. Business Analyst on the Material Cost Optimization (MCO) team creates informed views of cost and margin opportunities for the Merchandising team by synthesizing facts/data and leads cost improvement initiatives to improve the performance of the organization’s direct spend categories. This role requires working with data from a variety of sources and tools including SQL and commodity reports to evaluate opportunities for improvement with a logical, practical, and quantitative approach. This role also identifies and quantifies the impacts of vendors’ cost inputs such as commodities, currency, labor, and global geopolitical factors. This is a lead position within the team driving productive outcomes within key merchandise categories. This role will often inform the decision making of cross-functional partners, support negotiations with external partners, and provide the opportunity to build strong relationships and trust within the Merchandising organization.

Essential Duties And Responsibilities

Support the Category Management function as the organization’s expert on cost of merchandise and total economic contribution improvement strategies for the assigned product categories.Relentlessly focus on delivering optimal product cost from an analytical lens, staying abreast of developments impacting automotive aftermarket vendors and competitorsResearch, collect, scrutinize, synthesize, and update information from various internal and external data sources to inform models and analysesDevelop and communicate compelling presentation materials and analytics that equip stakeholders to deliver effective messaging internally and externallyDemonstrate consistent attention to detail and commitment to accuracyPromote innovation and a collaborative work environment among peers, supporting the development of the teamLead special projects that have an impact on MCO target achievement and/or enhance capabilities of the MCO team[20%] Vendor Cost Change Request Analysis and Response Development[70%] Cost Improvement Initiatives: Strategy, Project Management, Presentation Materials, and Analysis[10%] Other analyses or initiatives supporting total economic contribution improvement

Qualifications

Strong problem solving and analytical skills: ability to identify, quantify, and assess opportunities critically, analytically, and pragmaticallyAbility to create valid recommendations from analysis, considering input from stakeholdersExcellent verbal and written communication skills with the ability to tailor messages to the given audience, present information in a clear and concise mannerProject management and indirect leadership skills; ability to prioritize effectivelyAbility to zoom in and out, applying the appropriate level of focus and output depending on stakeholder requirementsIntermediate to advanced Excel and PowerPoint skills; ability to learn new programs and toolsStrategic orientation, inquisitive, comfortable with ambiguity, and self-motivated to identify trends and improvement opportunities aligned with business objectives and strategic plansSQL, Alteryx or other analytics tools/programming languages experience a plus Proven negotiation skills or should-cost modeling experience a plus

Education And/or Experience

Bachelor’s Degree in relevant discipline (ex. Business, Finance, Data & Analytics with Business Major); and 6+ years’ experience in Finance, Strategic Sourcing, Pricing, Manufacturing, Supply Chain, or similar domain; or an equivalent combination of education and experience.

Supervisory Responsibilities

This position will not be responsible for managing a team or direct reports

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