About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Major Duties:
• Reviews and assesses contracts, sourcing plans, demand, usage, and forecasting to create financial models.
• Performs data analysis on different data sources, consolidates multiple datasets, and analyzes the data accurately and efficiently.
• Conducts in-dept Product Level demand analysis to identify cost optimization opportunities.
• Identifies cost savings and cost avoidance through vendor, contract and product level comprehensive analysis.
• Leads the collection and analysis of data and may assist pricing discussions & negotiations.
• Collaborates cross-functionally with stakeholders to optimize procurement processes and improve efficiency.
• Plans and identifies improvements to existing processes to further gain operational efficiency and productivity.
Knowledge/ Skills & Qualifications required
• Prior experience with Financial Analysis or data analysis (planning, forecasting, projections).
• Strong analytical, numerical, and reasoning skills.
• Ability to drive insights from unstructured data.
• Demonstrated ability to analyze and interpret spend and cost data.
• Naturally curious mind and desire to solve business problems with data.
• Technical knowledge of business tools (Excel, pivots) and applications (i.e., Business Intelligence, Financial tools, Coupa, SAP, Ariba, MS Office 365, PeopleSoft, workday).
• Proficiency in Excel, including advanced functions and the ability to utilize Power BI effectively.
• Solves problems in straightforward situations.
• Excellent oral and written communication and influencing skills.
• Highly flexible and adaptable to change.
• Strong understanding of process and process improvement.
• 4+ years of relevant experience
Experience
• A College or University degree in Business, Accounting, or Finance, with seven to ten years of relevant work experience. Knowledge of Sourcing or Procurement is a plus.
• Financial analysis and modeling experience required.
• Proven experience in analytics and metrics.
• Professional certifications preferred.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Let our experts design a Professional CV for you.