Procurement Analytics Leader: BI & Cost Savings

Novolex; Lake Forest (IL); Hybrid; USD 75,000 - 105,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Tuition reimbursement

Learning & development programs

Job summary

Novolex is seeking a highly analytical, strategic Procurement Analyst to join the Procurement COE Analytical Team. This role partners across Procurement, Finance, Engineering, Operations, Supply Chain, IT, HR, and plant leadership to drive sourcing discipline, cost optimization, and compliance across enterprise spend categories.

The ideal candidate will combine strong customer focus, financial acumen, data analytics expertise, and project coordination capability to develop actionable insights,

Qualifications

• 3-7 years of experience in procurement, strategic sourcing, supply chain analytics, finance, or operations analysis.
• Strong financial modeling, spend analysis, and cost management experience.
• Advanced Excel capabilities, including complex formulas, pivot tables, data analysis, and scenario modeling.
• Experience with ERP systems, procurement platforms, or business intelligence tools (e.g., SAP, Tableau, Coupa, Power BI).
• Working knowledge of strategic sourcing, contract management, and procure-to-pay processes for procurement categories.
• Ability to manage multiple priorities, work cross-functionally, and communicate effectively in a fast-paced environment.

Responsibilities

• Develop, maintain, and improve spend analytics across key spend categories.
• Build total cost of ownership models evaluating pricing, service levels, costs, and ongoing impacts.
• Support forecasting processes and variance analysis versus budget/plan.
• Provide analytical support through dashboards, scorecards, and executive reports.
• Support RFIs, RFPs, and RFQs; normalize supplier proposals and perform pricing analysis.
• Track sourcing pipelines, savings delivery, and contract milestones across categories.
• Model spend for AOP and maintain governance, governance documentation, and supplier scorecards.
• Build dashboards and analytics tools using ERP, Coupa, Power BI, Excel, and other systems to improve decision-making.

Skills

Financial modeling

Spend analysis

Advanced Excel

ERP / BI tools

Cross-functional communication

Project coordination

Tools

Power BI

Tableau

Coupa

SAP

SQL

Job description

Novolex is seeking a highly analytical, strategic Procurement Analyst to join the Procurement COE Analytical Team. This role partners across Procurement, Finance, Engineering, Operations, Supply Chain, IT, HR, and plant leadership to drive sourcing discipline, cost optimization, and compliance across enterprise spend categories.

The ideal candidate will combine strong customer focus, financial acumen, data analytics expertise, and project coordination capability to develop actionable insights,