Sr. Procurement Financial Analyst

Posted 10 Days Ago
Be an Early Applicant
Diamond Bar, CA
96K-140K Annually
Mid level
Manufacturing
We deliver an unbeatable combination of quality, price, and service through hard work and innovation to our customers.
The Role
The Sr. Procurement Financial Analyst manages tactical operations in procurement, focusing on cost reduction, category management, and supplier negotiations. Responsibilities include financial analysis, budgeting, and project management, as well as cross-functional collaboration to minimize costs and optimize supplier relationships.
Summary Generated by Built In

At Niagara, we’re looking for Team Members who want to be part of achieving our mission to provide our customers the highest quality most affordable bottled water.

Consider applying here, if you want to:   

  • Work in an entrepreneurial and dynamic environment with a chance to make an impact.   
  • Develop lasting relationships with great people.   
  • Have the opportunity to build a satisfying career.

We offer competitive compensation and benefits packages for our Team Members.

Sr. Procurement Financial Analyst

The Sr. Procurement Financial Analyst is responsible for all tactical/operational responsibilities from procure to pay pertaining to the designated spend categories. In addition, this role will also identify opportunities to reduce Total Cost of Ownership as well as provide recommendations for process improvement and performance tracking metrics.

Essential Functions

  • Conduct regular financial analyses, including budgeting, forecasting, and variance analysis
  • Resolve non-conforming raw material issues
  • Assist with raw material category management
  • Identify opportunities to reduce Total Cost of Ownership (TCO)
  • Analyze market conditions to effectively manage raw material costs and projects
  • Manage RFP/RFQ process from creation to completion and provide supplier selection recommendations
  • Summarize key findings from primary and secondary sources, including news articles, market reports, industry publications, and competitor analysis.
  • Provide recommendations for process improvements and performance tracking metrics
  • Manage the raw material qualification process with Engineering / QA
  • Maximize supplier relationships with each production facility through conference calls and in-person meetings
  • Work cross-functionally within Niagara (with Manufacturing, Supply Chain, QA, and Engineering) to accomplish departmental goals and gain support internally
  • When needed, help drive or drive vendor discussions to achieve best results for Niagara including but not limited to:
    • New relationship formation
    • Existing relationship management
    • Negotiation
  • Generate monthly POs as needed
  • This position may require travel up to 25%
  • Please note this job description is not designed to contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without prior notice.

Qualifications

  • Minimum Qualifications:
    • 4 Years   – Experience in Field or similar manufacturing environment
    • 4 Years  – Experience in Position
    • 4 Years  – Experience managing people/projects

                *experience may include a combination of work experience and education

  • Preferred Qualifications:
    • 6 Years– Experience in Field or similar manufacturing environment
    • 6 Years – Experience working in Position               
    • 6 Years – Experience managing people/projects

*experience may include a combination of work experience and education

Competencies

  • Quantitative Analysis: skillful in using quantitative analysis to understand business issues.
  • Negotiation Skill: skilled in negotiating tactics, effective in utilizing analysis and creative solutions to extract the greatest value for the company.
  • Influence: can influence and persuade other people, even without direct authority.
  • Political Skill: knows how to get things done within the political framework of an organization.
  • Knowledge of and experience with Microsoft Excel and Power Point

This position embodies the values of Niagara’s LIFE competency model, focusing on the following key drivers of success:

  • Lead Like an Owner
    • Makes safety the number one priority
    • Keeps alert for safety issues and escalates immediately
    • Effectively prioritizes tasks based on department goals
    • Shows respect to others and confronts interpersonal issues directly
    • Prioritizes resolution of customer issues effectively
    • Responds promptly and honors commitments to internal and external customers
  • InnovACT
    • Makes recommendations to continuously improve policies, methods, procedures, and/or products
    • Demonstrates adaptability by reacting appropriately to unexpected changes in situations or circumstances
    • Increases performance through greater efficiency
  • Find a Way
    • Seeks to develop technical knowledge through learning from other experts
    • Understands interdepartmental impact of individual decisions and actions
    • Seeks solutions rather than placing blame
  • Empowered to be Great
    • Consistently looks for ways to improve one’s self through growth and development opportunities
    • Communicates clearly and promptly up, down, and across
    • Communicates effectively to manage expectation

Education

  • Minimum Required: 
    • Bachelor's Degree in Business Administration or other related field
  • Preferred: 
    • Master's Degree in Business Administration  or other related field

Certification/License:

  • Required:            N/A
  • Preferred:           N/A

Foreign Language

  • Required:            None Required
  • Preferred:           None Required

Typical Compensation Range

Pay Rate Type: Salary

$96,309.20 - $139,648.35 / Yearly

Benefits

https://careers.niagarawater.com/us/en/benefits

* *Los Angeles County applicants only** Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act, and any other applicable local and state laws.

Any employment agency, person or entity that submits a résumé into this career site or to a hiring manager does so with the understanding that the applicant's résumé will become the property of Niagara Bottling, LLC. Niagara Bottling, LLC will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Employment agencies that have fee agreements with Niagara Bottling, LLC and have been engaged on a search shall submit résumé to the designated Niagara Bottling, LLC recruiter or, upon authorization, submit résumé into this career site to be eligible for placement fees.

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The Company
HQ: Diamond Bar, CA
7,500 Employees
Hybrid Workplace
Year Founded: 1963

What We Do

Niagara Bottling is a leading beverage manufacturer in the U.S., supplying some of the largest brands and stores throughout the country. We are committed to producing high-quality beverages, including bottled water, sparkling water, teas, sports drinks, non-dairy milk products, and more, while reducing our impact on the environment. Niagara began as a family business in 1963 offering five-gallon containers for home and office delivery. In the early 1990s, we expanded into single-serve private label bottled water for grocery, club, convenience and wholesale customers. Today, we remain a family business, providing our customers with an unbeatable combination of quality, price and service.

Why Work With Us

Niagara’s stability and growth provide security and opportunity. Team Member relationships drive success, impact innovation, and shape the future. We appreciate everyone’s unique experiences and are fulfilled by challenging work, a supportive team, and leaders who value us.

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