Sourcing Cost Analyst - The Toro Company

Overview

Analyze supplier costs, drive savings, and forecast budgets.

Key Responsibilities

• visual reporting
• cost modeling
• budget forecasting
• data analysis
• project tracking
• cost savings

Tasks

-Visual Reporting and Communication: Develop tools and reports to visually communicate progress, performance, and financial metrics, enabling effective communication to stakeholders at all levels of the organization. -Lead Cost Savings Efforts: Take ownership of cost reduction initiatives, working closely with suppliers and cross-functional teams to identify, evaluate, and implement cost-saving opportunities across the organization. -Monthly Budget Forecasting and Reconciliation: Collaborate with finance and procurement teams to forecast monthly budgets accurately and reconcile actual costs against forecasts, providing detailed analysis and explanations. -Executive-Level Communication: Prepare and deliver concise and compelling presentations to executive leadership, summarizing cost performance, savings initiatives, and recommendations. -Standard Cost Model Forecasting: Develop and implement processes for creating standard cost models, providing accurate cost forecasts for procurement decisions and working closely with suppliers and internal stakeholders. -Influence Peers and Stakeholders: Build strong relationships with peers and stakeholders, effectively influencing decision-making processes to drive cost management objectives. -Cost Saving Ideation and Project Tracking: Identify and recommend innovative ideas to minimize costs, and ensure the timely and efficient monitoring and tracking of cost-saving projects. -Handle Complex Data Sets: Analyze and interpret complex supplier and financial data to identify trends, cost drivers, and areas for improvement. -Total Landed Cost Modeling: Build comprehensive and accurate total landed cost models to evaluate and optimize overall supply chain costs.

Requirements

• sap
• powerbi
• excel
• bachelors
• supply chain
• 5+ years

What You Bring

-Strong financial acumen and ability to analyze complex financial data effectively. -VISA Sponsorship is not available for this position. -Prior experience with SAP, Ariba, and/or PowerBI preferred -5+ years of relevant experience. -Advanced proficiency in data analysis tools and Excel. -Ability to work in a challenging and fast-paced environment, adapting to changing priorities and ambiguity. -2-4 years of relevant experience. -Bachelors degree in Supply Chain Management, Finance, or a related field. -Detail-oriented and highly organized, with the ability to manage multiple projects simultaneously. -Organizational Skills: Maintain a highly organized approach to project management, ensuring tasks are prioritized, deadlines are met, and documentation is maintained. -Self-starter and motivated to drive continuous improvement in cost management processes. -Proven experience in supply chain roles, with a focus on cost management. -Strong influencing skills, with the ability to collaborate and build relationships across teams and organizational levels. -Exceptional communication skills, both written and verbal, with the ability to communicate complex information in a concise and understandable manner.

People Also Searched For

Benefits

-Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday. -Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical well-being, TTC offers a variety of mental health and financial health resources to all employees. -Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day. -The current team works 3-days on campus, with an optional 2-day hybrid option. -Fully remote is not available at this time. -Competitive Salary – A reasonable salary estimate is $88,000 - $95,000 or this opportunity. The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early with the One@Work app, formerly the Even app. -Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. -Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community.

About The Toro Company

-Products trusted by professionals in grounds maintenance, agriculture, and construction sectors. -Expanded offerings include innovations in lawnmowers, irrigation systems, and snow removal equipment. -Recognized for cutting-edge technology and commitment to improving productivity and efficiency. -Serves diverse markets like professional landscaping, sports fields, golf courses, agriculture, and snow removal. -Continuous investment in research and development ensures products meet evolving industry needs. -Pioneering work in sustainable irrigation solutions.

Sector Specialisms

Visa Sponsorship

-visa sponsorship is not available for this position.