Strategic Procurement Finance Analyst

Financeroles; Town of Smithfield (NY); On-site; USD 60,000 - 88,000; Full time

Job summary

Smithfield Foods is seeking a Procurement Finance Analyst to turn data into strategic insights that optimize enterprise costs across direct materials, indirect spend, and SG&A. You will partner with Strategic Sourcing to validate savings and support business cases with robust analytics.

In this role, you will develop dashboards, monitor market trends, and contribute to TCO and ROI analyses, ensuring accurate financial reporting and strong internal controls.

Qualifications

• 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.

Skills

CPG industry experience

Procurement savings methodologies

Dashboards & analytics

GAAP & financial reporting

Forecasting & cost drivers

Spend analytics tools

Tools

Power BI

SAP

ERP systems

Excel

Job description

Smithfield Foods is seeking a Procurement Finance Analyst to turn data into strategic insights that optimize enterprise costs across direct materials, indirect spend, and SG&A. You will partner with Strategic Sourcing to validate savings and support business cases with robust analytics.

In this role, you will develop dashboards, monitor market trends, and contribute to TCO and ROI analyses, ensuring accurate financial reporting and strong internal controls.