Sourcing Analyst III

Edward Jones

About The Position

The Sourcing Analyst III partners with Sourcing Office leaders, negotiators, business owners, and cross-functional stakeholders to solve highly complex and potentially ambiguous business problems affecting multiple divisions, firm strategy, or long-term supplier decisions. The role independently designs and leads iterative financial, supplier, market, and operational analyses; translates complex and evolving information into clear recommendations; and influences strategic direction through executive-ready insights. The analyst leads financial analysis and decision support for key sourcing initiatives, supports negotiation strategy and project performance, and strengthens analytics, benchmarking, market-intelligence, reporting, and process capabilities. Candidates who live within a commutable distance of the Tempe, Arizona, or St. Louis, Missouri, home office locations are expected to work in the office four days per week. The description does not specify a work arrangement for candidates outside those commutable areas.

Requirements

  • 7 or more years of relevant analyst experience.
  • Advanced Microsoft Excel, Word, and PowerPoint skills, including pivot tables, advanced formulas, conditional formatting, charting, and executive-ready presentations.
  • Advanced analytical skills, including forecasting and complex financial modeling with multiple variables, drivers, scenarios, and decision alternatives.
  • Ability to structure unstructured problems or data and convert them into flexible models, actionable insights, and strategic recommendations.
  • Ability to complete total cost of ownership, return on investment, pricing, sensitivity, and other financial impact analyses with minimal direction or review.
  • Strong business acumen and understanding of firm results, key business drivers, strategies, priorities, accounting processes, and financial statements.
  • Ability to learn rapidly, adapt, and deliver results in ambiguous situations with limited precedent and evolving requirements.
  • Ability to summarize complex financial, supplier, and operational information and influence associates and leaders through executive-level verbal, written, analytical, and presentation skills.
  • Demonstrated ability to collaborate across functions, gain alignment among senior and executive stakeholders, and lead work without direct authority.
  • Advanced project-management capability, including independently sequencing complex tasks, dependencies, decisions, and stakeholder interactions.

Nice To Haves

  • A bachelor’s degree in finance, accounting, economics, business, data science, analytics, or a related discipline is preferred; relevant work experience may be considered.
  • Experience collaborating with sourcing teams and contract negotiators.
  • An advanced degree or professional certification.
  • Knowledge or experience with PeopleSoft and Tableau.
  • Experience with negotiation strategy, negotiation, purchasing, corporate strategy, or industry research.

Responsibilities

  • Lead advanced financial analysis for strategic sourcing initiatives and support negotiation strategy, key commercial terms, project performance, and executive decision-making.
  • Build and interpret complex total cost of ownership, pricing comparison, scenario and sensitivity, historical usage, future projection, and other economic models involving multiple variables and viewpoints.
  • Consult with business owners to identify dimensions of ambiguous problems, apply root-cause and systems thinking, pressure-test assumptions, resolve data-quality issues, and determine the appropriate analytical approach independently.
  • Design and drive iterative analyses that adapt to changing circumstances and translate findings into a cohesive business story with takeaways, trade-offs, risks, actionable insights, and a preferred solution.
  • Provide analysis and insights to inform short- and long-term sourcing strategy, supplier decisions, and firm direction on complex cross-divisional initiatives.
  • Use benchmarking, market intelligence, competitive insights, supplier information, and industry research to strengthen negotiation strategies and support informed outcomes.
  • Partner with negotiators and business areas to develop sourcing plans, identify potential RFP candidates, and identify spend that may create strategic or commercial opportunities.
  • Partner as appropriate with Software Compliance, Third Party Risk Management, Supplier Performance Management, Finance, Digital, Legal, and other subject-matter experts to balance economic value, business requirements, risk, and execution feasibility.
  • Develop and manage relationships with cross-functional business owners and senior and executive leaders to gain alignment, influence decisions, and drive next steps.
  • Participate in and frequently lead cross-functional teams supporting cross-divisional or firm-wide objectives; independently organize, plan, and prioritize work for successful delivery.
  • Identify strategic opportunities with moderate to broad impact and visibility, propose solutions, influence commitment, and drive implementation.
  • Own or guide the design and enhancement of sourcing metrics, analyses, dashboards, data structures, visualizations, and standardized tools.
  • Promote analytical, reporting, and visualization best practices; review complex analysis and provide guidance, knowledge sharing, mentoring, or training to associates and project teams.
  • Manage assigned vendor financial analysis requests and support timely, accurate reporting, documentation, and data quality.

Benefits

  • Medical and prescription drug coverage
  • Dental insurance
  • Vision insurance
  • Voluntary benefits, including accident, hospital indemnity, and critical illness coverage
  • Short- and long-term disability coverage
  • Basic life and basic AD&D coverage
  • 401(k) retirement plan
  • Health savings account
  • Flexible spending account
  • Ten paid holidays
  • 15 days of vacation for new associates beginning on January 1 of each year
  • Sick time
  • Personal days
  • Paid day for volunteerism
  • Potential eligibility for bonuses and profit sharing
  • Employee Assistance Program
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