Spend Analyst

3 days ago


bangalore, India Simfoni Full time

Simfoni is a market leader in SaaS based spend and procurement analytics and spend management solutions with operations across US, Europe, Asia, Australia, Africa and the Middle East. We are an entrepreneurial technology centered enterprise, which means that we think and act in a dynamic and agile fashion to respond quickly to opportunities and market demand.Simfoni is leading the way in advanced analytics with class leading spend and procurement analytics delivered through our proprietary data analytics platform Simfoni AnalyticsTM. Clients can view data and KPI dashboards ‘on the go’ on their smartphone, tablet and desktop.Our Simfoni Analytics™ platform provides customers with key insights on what’s going on within their business, highlighting the impact of market movements and pricing, and associated trends, risks and opportunities. We interrogate client spend and procurement data and overlay external data and dynamic market feeds to provide rich insight to help clients optimize and manage spend.Role Definition:To support our extensive growth plans worldwide, we are recruiting for ‘Senior Spend Analysts’ to work on global spend and procurement analytics engagements.Candidates must be strong in data analytics and familiar with IT systems and BI tools and be able to interpret data, create visualizations, draw conclusions and produce insight reports.Key Responsibilities:You will work under the supervision of Analytics Lead and Director to design and deliver data analytic products and services for Simfoni clients.Working as part of Simfoni’s global analytics team you will have the opportunity work with a variety of clients where you will analyze data using Simfoni’s proprietary Simfoni AnalyticsTM platform, where you will design dashboards and use business intelligence tools to cleanse, normalize and classify data in order to derive actionable insight.The role includes an element of frontline delivery where you will have the opportunity to interact with clients to support the extraction of relevant data, design dashboards and develop reports and insight from the analysis.You will be part of a high performing team of global analysts. Team members at all levels are expected to innovate and develop new ideas to enhance Simfoni’s products offerings to deliver better results for our clients.Simfoni provides an accelerated career development path for high performing personnel with the opportunity to gain exposure to wider analytics and technology products and services, product development and client delivery.Role Requirements:We employ high-performing individuals with strong interpersonal and communication skills.Key tasks include:Spend Data Management: Client’s spend data extraction from ERP sources, data cleansing, data consolidation, data enrichment, etc.Data Normalization (including Supplier Name Normalization, Parent-Child relation, etc)Development of Spend Taxonomy (Category Tree)Spend data classification & categorization using Spend Taxonomy (Category Tree)Design and build of data visualization dashboards using BI toolsOther procurement and performance analyses (like, Cycle time analysis, One-time vendor analysis, Price Variance analysis, KPI reports, etc)Cost & process optimization assessmentIdentifying actionable insights from the spend analysisAdditional information and credentials:Must be strong in Microsoft ExcelKnowledge of BI Tools (like Power BI, Tableau, etc) will be advantageousStrong analytics and big-data management capabilitiesUnderstanding of procurement and supply chain management principles, such as Strategic Sourcing, Tail Spend, Requisition to Pay, Invoicing, etc.Strong English business fluency (written and verbal) is a mustAbove all, we value aptitude and the willingness to learn.If you have the required skills and experience, we encourage you to apply for this exciting opportunity to work with a dynamic and innovative team.Apply through LinkedIn We'll keep an eye out for your applications



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