Financial Analyst (Procurement)

Vibrant Ingredients•Lake Mary, FL

8h•Onsite

About The Position

The Finance Analyst supporting Procurement will serve as the key point of contact for all Procurement related financial activities, ensuring accuracy with direct and indirect sourcing, advising on strategic souring strategies, and transparent reporting. This role is responsible for business partnering with the Procurement Organization, assisting in all strategic sourcing decisions, reviewing spend and any associated variances, assisting with standard costing and leading all forecast and actual cycles.

Requirements

Bachelor’s degree in Accounting, Finance, or related field
4–6 years of progressive finance or accounting experience, preferably in a manufacturing environment
Prior exposure to cost accounting, inventory accounting, and purchasing support
Experience with ERP systems (Business Central, SAP, Great Plains/Vicinity, etc.)

Responsibilities

Collaborate with Procurement teams to strengthen Indirect and Direct Sourcing Strategy and assist the Procurement Organization with all finance decisions to support the best value capture for Vibrant
Collaborate with Procurement leaders to evaluate supplier bids, contract proposals, and sourcing scenarios through financial modeling and total cost analysis.
Partner with Procurement, Operations, and Supply Chain teams to analyze raw material, packaging, and ingredient costs, supporting sourcing decisions and cost reduction initiatives
Partner with Procurement to ensure accurate standard setting for all purchased items across all business units
Support process improvements to streamline Standard Setting and reporting workflows
Support month-end close activities, including accruals, variance analysis, and reporting related to purchasing and material costs.
Perform detailed month-to-month spend analysis, explaining variances in purchase cost verse standard and analyzing indirect spend by category
Partner with the Inventory & Operations Finance team to reconcile standard vs. actual purchase costs and ensure accuracy of financial statements
Develop procurement spend analytics, identifying cost-saving opportunities and monitoring supplier pricing trends across key commodity categories.
Develop forecast models for key commodity inputs, improving visibility to gross margin impacts and supporting strategic planning decisions
Partner with Finance leadership to support budgeting, forecasting, and cost optimization initiatives tied to strategic sourcing