Sr. Pricing Analyst, Indirect Sourcing & ProcurementApply Now Job ID: REA0002BD Date posted: 01/04/2019 Location: 0501 - HQ MN Minneapolis Downtown, Minneapolis, Minnesota
SENIOR PRICING ANALYST
Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.
Right on pace with Target’s distinctive and beloved retail brand, the Indirect Sourcing & Procurement Center of Excellence (COE) works across the business to maximize every resource, asset and relationship. We use good data, in-depth analysis and cross-functional insights to identify and communicate best practices, elevating our sourcing and procurement activities to achieve their very highest potential.
A role with Shared Services means supporting category management plans and sourcing and negotiation approaches for all indirect spend categories. You’ll share and promote the best tactics across the entire company while developing deep category knowledge and close client relationships in each.
As a Sr. Pricing Analyst on the Sourcing Performance Management team, you’ll use your skills to apply and maintain the financial models that support the COE and will work with various cross-functional partners to provide in depth financial and quantitative analysis in support of key business and strategic decisions. Use your technical and analytical aptitude to vet contracts, pricing and other supplier agreements to ensure that pricing assumptions are accurately identified and incorporated with the models. Your input will be key to Target realizing the expected value from the terms of our agreements.
The Sr. Pricing analyst is considered an essential resource for pricing and bid evaluation through the sourcing process, exhibiting strong knowledge of pricing models, scenario optimization, and sourcing techniques. Drives the application and maintenance of Total Cost of Ownership (TCO) financial models to support clients with relevant financial comparisons and analyses throughout the Source to Manage ("S2M") process primarily for Strategic and Leveraged Spend Categories. Partners closely with business teams and Finance to gather historical volumes and spend, future forecasts, and budget information in order to identify relevant baseline spend. Inquires about key pricing assumptions to incorporated in TCO Models. Identifies relevant business constraints in order to present viable sourcing decision scenarios highlighting financial and non-financial trade-offs. Job duties may change at any time due to business needs
- 4-year college degree (Accounting, Business, Economics, or Finance)
- 5 – 8 years analytical experience, strong analytical aptitude
- Ability to work in a fast-paced environment and manage deadlines effectively
- Excellent communication and interpersonal skills
- Strong experience working with spreadsheet applications (Microsoft Excel)
- Ability to work a flexible schedule around sourcing events
- MBA/CPA/MA desired
What’s it like to work here? We’re asked that a lot. Target respects and values the individuality of all team members and guests—and we have lots of fun in all that we do.experience our culture