The Procurement Finance Supervisor is responsible for assisting the Procurement Finance Manager in providing financial, analytical and reporting support for UPS procurement teams and conducting and executing company-wide cost savings initiatives. He/She is responsible for developing forecasts and budgets and for creating, analyzing, and developing a wide range of reports, financial models and management presentations. This position supervises specialists and the administrative staff within the department.
Key Responsibilities
- Support the Procurement Finance Manager in developing and executing procurement finance strategies and cost optimization initiatives.
- Analyze procurement spending trends, supplier costs, savings opportunities, and key financial metrics.
- Develop, maintain, and enhance financial models to support sourcing decisions, negotiations, and business cases.
- Monitor procurement savings initiatives and validate realized savings against established targets.
- Partner with Procurement, Operations, FA, and other business functions to ensure alignment of financial objectives.
- Support month-end, quarter-end, and year-end financial closing processes.
- Support corporate card programs through rebate reconciliations, forecasting, reporting and program performance tracking.
Qualifications
- Bachelors Degree (Finance/Accounting or equivalent)
- Prior experience in Financial Analysis, or related financial functions (Preferred).
Requirements
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Proficiency in SQL/Power BI for analytics reporting (Preferred).
- Prior experience of driving large cost savings initiative (Preferred).
- Excellent oral and written communication skills.
- Experience working with ERP systems and financial reporting tools.
- Robust analytical, problem-solving, and decision-making skills.