Procurement Analytics Director

Spend Analytics Manager

Manage the Spend Analytics function within the new TSSM Procurement Spend Management and Analytics team which supports the management of $4.7B sourceable spend and $325M savings target. Develop comprehensive analytics to support and guide procurement functions in category, vendor, and process management. Act as a trusted partner to the TSSM Category and Operation Leaders by providing them with process improvement, vendor rationalization, business insights, and spend analytics (e.g. category planning, RFx / bidding, business case compilation, and spend rationalization). Develop, maintain, and govern the data quality of the procurement P2P data, Spend Cube and ensure the dissemination of complete and accurate sourcing data across Truist. Benchmark procurement operation performance against industry standards. Strong technical skills in SAS, Power BI, Tableau, SQL, and data mapping.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Act as a trusted partner to TSSM Senior Leadership team by providing them with reporting and analytics support related to sourcing process, vendor contracting, category spend, rate harmonization, RFP analysis, and savings calculations.
• Oversee the accuracy of the sourcing and spend cube. Implement quality checks to maintain data integrity. Identify, drive, and lead reporting enhancements.
• Conduct category, vendor, and process analyses, apply analytical rigor in spend review, and develop recommendations and action steps for category and capacity planning.
• Work closely with the Business Solutions team to automate reports, enhance existing dashboards, and support system and process transformation (e.g. Tableau and SAP Ariba Spend Management).
• Develop and manage reporting production to support spend management programs, e.g. Travel, Contingent Workforce, Marketing, and Professional Services.
• Demonstrate solid risk management practices and control execution to ensure known risks are appropriately managed and mitigated.
• Establish and maintain relevant skillsets to act as a true Subject Matter Expert, effectively informing TSSM SLT on their category and operation strategies and decisions.
• Provide guidance to direct reports related to prioritizing work, enhancing data quality, following our data governance framework, and increasing the analytic support provided to the TSSM teams.
• Champion best practice processes, benchmark operation performance metrics against industry standards.

Qualifications

Required Qualifications : The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This will be in office 5 days a week.

Preferred Qualifications :

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.