Sr. Procurement Analyst

Company: Abbott Laboratories
Location: Los Angeles
Posted on: November 12, 2024

Job Description:

Job TitleSenior Procurement AnalystWorking at AbbottAt Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You'll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the student debt program and education benefit - an affordable and convenient path to getting a bachelor's degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.The OpportunityOur location in Sylmar, CA currently has an opportunity for a Senior Procurement Analyst at Abbott's Cardiac Rhythm Management (CRM) Division.Abbott CRM is a global leader in Cardiac Rhythm Technologies, focusing on innovative technologies that can improve the way doctors treat people with heart arrhythmias or irregular heartbeats.The Senior Procurement Analyst reports to the Senior Manager of Strategic Procurement and supports the managers of mechanical, electronics and TPM/externals departments. This position will be responsible for a combination of initiatives to deliver greater value to our organization, including but not limited to sourcing optimization, spend analytics, hedging programs and serving as a central point of key business processes, ad hoc reporting, and presentations. The ideal candidate will be high potential and have the capability and people leadership skills to grow towards future Supply Chain or Finance roles in the business. This role will have solid visibility and exposure to Senior Leaders across the CRM Division, and expectations will be high.What You'll Work On
  • Manages financial processes associated with strategic procurement activities, including but not limited to PPV Cost Savings, PPV Roadmap, Project Expense, Capital Investments, and Supplier Forecasts.
  • Maintains robust tracking of multiple detailed financial inputs and processes through complex Excel files utilizing advanced system knowledge and functions. Optimizes processes and tools to create efficiency and agility for analysis and reporting.
  • Develops and maintains Procurement Dashboard for financial and non-financial related progress.
  • Leads ongoing PPV reviews across CRM division with manufacturing site leadership, Category Managers, and Finance to drive financial goal attainment through detailed reporting, gap analysis, project tracking and pipeline review, compliance to plan, and savings projection forecast.
  • Creates executive level presentations to effectively demonstrate status and meaningful insight to financial related components within function.
  • Supports weekly, monthly, quarterly, and annual financial planning process reports to senior level management.
  • Leads annual standard cost setting process across CRM network. Able to provide justification to support proposal.
  • Works closely with finance counterpart to ensure consistency and accuracy of reporting, tracking, and projections.
  • Ad hoc detailed spend analysis on key categories of spend globally to support Category Managers.EDUCATION AND EXPERIENCE YOU'LL BRINGRequired Experience
    • Bachelors Degree, and 6 years of professional experience in supply chain analysis, supply chain finance or related field, or equivalent combination of education and experience
    • Advanced Excel and systems knowledge is a requirement
    • Experience with business intelligence platforms - Power BI, Tableau, etc.
    • Experience with ETL tools - Power Query, Alteryx, etc.Preferred
      • Bachelors Degree In Finance or Business degree preferred
      • Finance background or deep understanding* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.Connect with us at , on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.The base pay for this position is $95,500.00 - $190,900.00. In specific locations, the pay range may vary from the range posted.
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Keywords: Abbott Laboratories, Newport Beach , Sr. Procurement Analyst, Professions , Los Angeles, California