Financial Analyst - Procurement Finance

Smithfield Foods•Smithfield, VA

1d•$60,000 - $87,500

About The Position

The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section. Are you a detail-oriented professional with a passion for financial strategy, analytics, and value creation? We're looking for a dynamic analyst to join our Procurement Finance team and help drive enterprise-wide cost optimization through data-driven decision making. As a key member of Procurement Finance, you will transform data into actionable insights, providing critical analysis on procurement savings, costing accuracy, market trends, supplier economics, and sourcing performance. Serving as a financial partner to Strategic Sourcing teams supporting Packaging, Ingredients, MRO, Facilities Services, Technology, and Corporate Services, you will help validate savings initiatives, improve cost competitiveness, and support strategic business decisions. This is an exciting opportunity to make a measurable impact in a high-performance environment where finance and procurement intersect to drive enterprise value.

Requirements

Experience within the Consumer Packaged Goods (CPG) industry.
Knowledge of procurement savings methodologies and sourcing governance processes.
Experience supporting categories such as Packaging, Ingredients, MRO, Facilities Services, Technology, or Corporate Services.
Experience developing dashboards and analytics using Power BI or similar visualization platforms.
Understanding of commodity markets, inflation forecasting, supplier economics, and cost drivers.
Experience with procurement systems, spend analytics platforms, and reporting automation tools.
Knowledge of GAAP and financial reporting principles.

Responsibilities

Prepare, analyze, and distribute financial reports related to procurement activities, sourcing performance, spend management, and cost optimization initiatives.
Evaluate actual results against forecasts, budgets, and sourcing commitments to identify trends, risks, and opportunities.
Develop dashboards, KPIs, ad hoc analyses, and business insights that support strategic decision-making.
Present recommendations and actionable insights to Procurement and Finance leadership.
Lead the tracking, validation, and reporting of procurement savings initiatives across direct materials, indirect spend, and SG&A categories.
Partner with Procurement and Finance teams to ensure alignment between sourcing commitments and realized financial results.
Develop and maintain methodologies for measuring cost reductions, inflation impacts, and deflation benefits.
Support Total Cost of Ownership (TCO) analysis, ROI modeling, business cases, and other value-creation initiatives.
Monitor commodity markets, supplier pricing, inflation trends, and industry benchmarks to identify risks and opportunities.
Conduct financial analysis of supplier performance, contract compliance, and sourcing strategies.
Develop supplier scorecards and performance reporting tools that provide visibility into procurement effectiveness and value delivery.
Utilize forecasting, scenario modeling, and trend analysis to support sourcing and procurement strategies.
Support month-end, quarter-end, and year-end close activities for designated functional areas.
Ensure accurate, timely, and compliant financial reporting in accordance with company policies and internal controls.
Maintain adherence to Sarbanes-Oxley (SOX) requirements and safeguard confidential financial information.
Partner with Accounting and Finance teams to resolve reporting discrepancies and strengthen financial processes.
Leverage SAP, ERP systems, procurement platforms, Power BI, Excel, and other reporting tools to generate meaningful business insights.
Automate reporting and analytics processes to improve efficiency, scalability, and data accuracy.
Identify and implement continuous improvement opportunities across procurement finance reporting and analysis.