Strategic Sourcing & Analytics Manager - Remote

Overview

The Strategic Sourcing & Analytics Manager at Tower Hill Insurance Group is tasked with overseeing the strategic and financial aspects of the organization’s vendor management and source-to-pay process. This pivotal role focuses on analyzing procurement data, developing financial reports, and delivering strategic insights aimed at optimizing procurement costs and enhancing operational efficiency.

In Short

• Analyze procurement data to identify cost-saving opportunities.
• Develop and maintain procurement budgets and financial models.
• Monitor procurement expenses and ensure alignment with budgets.
• Collaborate with teams to implement cost reduction strategies.
• Prepare and present detailed financial reports.
• Conduct market research to stay informed of industry trends.
• Ensure compliance with financial regulations and standards.
• Provide comprehensive spend analytics dashboards.
• Drive strategic sourcing initiatives aligned with business goals.
• Evaluate and mitigate risks associated with vendor reliance.

Requirements

• Bachelor’s Degree in Accounting, Business, Finance, or related field.
• Master’s Degree in Business Administration preferred.
• 5-8 years of relevant work experience in vendor management.
• Experience in insurance or finance industry preferred.
• Familiarity with industry best practices in vendor management.
• Strong analytical and financial modeling skills.
• Excellent communication and collaboration abilities.
• Valid Driver’s License required.

Benefits

• Medical, Dental, and Vision insurance.
• Life and Disability Insurance.
• 401(k) plan.
• Health Savings Account.
• Accident and Cancer insurance plan.