Category Specialist: Spend Management

Website: www.anglogoldashanti.com     

Requirement: Must have valid U.S. work authorization to be considered

SUMMARY/OBJECTIVE OF ROLE:

The key role of the Spend Management Specialist is to effectively support the global spend management strategy by handling, collecting, and analyzing spend and cost saving data sets to interpret and identify trends, opportunities for cost savings, spend behaviors, to ensure that spend reporting processes run smoothly and efficiently, and aligns with the company’s strategic goals.

Additionally, the role is accountable for ensuring data integrity across the different dimensions of spend management to provide a single company view of spend and cost savings for defined strategic categories to support the tracking and reporting process across Global Categories and Operations.

ACCOUNTABILITIES:

• Supports the Category Director – Spend Management in developing and implementing comprehensive spend management strategies to align with the company’s vision and overall corporate objectives through a cohesive and collaborative approach with the rest of the Category Managers and the Operations Supply Chain organisation.
• Data collection and modelling to support the analysis of quantitative and qualitative information to assess global spend, perform benchmarks, and derive insights to support of the spend strategy.
• Implementation of spend strategy methodologies to ensure that spend management initiatives support the broader strategic goals set by the Category Director – Spend Management.
• Support the implementation and reporting of the Global Spend Management Strategy to ensure cost-effective and efficient purchasing for defined areas of spend.
• Ensure monthly data collection and information gathering from finance, operations, and other departments is timely and accurately completed to perform spend management reporting.
• Support and provide data for the identification of best practices in spend management to enhance operational efficiency and effectiveness of the category spend strategies, using data analytics and database driven queries.
• Implementation and maintenance of spend data categorization to enhance visibility and understanding of expenditure patterns, in support of spend controls methods.
• Prepare monthly and yearly report on detailed spend analysis in support to identify spending patterns and opportunities for cost reduction, in support to the spend management strategy.
• Coordinate data collection and sources strategies between the Global Supply Chain, Operations, and Full Asset Potential teams, to ensure alignment on timely and accurate reporting, in support the Group Supply Chain spend optimisation initiatives.
• Data collection and report preparation of cost-saving initiatives and efficiency improvements across various spend categories, aligned to the Full Asset Potential methodology.
• Maintain toolsets for the monitoring of key performance indicators (KPIs) for spend management and procurement activities.
• Prepare and compile comprehensive reports and insights on spend management performance, spend trends, cost savings, and strategic initiatives to the team and senior leadership.
• Support the Market Intelligence Specialist in obtaining spend data from time to time.
• Spend Analysis and Reporting:
  • Consolidate and coordinate spend data to identify trends, opportunities for cost savings, and areas of inefficiency.
  • Work with the Market Intelligence Specialist to analyse and consolidate reports and insights on spending patterns and forecasts.
  • Utilise spend management tools and software to track and report on expenditure.
  • Prepare detailed and accurate reports on savings initiatives, including performance against targets, realized savings, and provide insights and recommendations to senior management based on reporting outcomes.
• Supporting Category Director on Operations BU relationship management and data collection plans for defined spend categories.
• Ensure proper documentation is in place to maintain compliance for savings and accurate spend metrics specific categories of strategic spend.
• Maintain effective working relationships with the Category and Operations teams with a view to assess or improve the quality of the spend process.
• Collect and analyse quantitative and qualitative information to assess spend and savings performance. 
• Collect, investigate, and analyse information as requested by the Category Director using data from internal and external sources for: 
• SAP
• Finance
• Vendors
• Operations
• Category team
• Market Intelligence 
• Spend Segmentation 
• Full Asset Potential
• Communicate supply chain spend methodologies and objectives to peers in the business units and operations.
• Collaboration across the group (where appropriate) and sharing internal and external best practices across all supply chain functions.

EDUCATION & QUALIFICATIONS:

• Minimum BA in Data Science or B.S in Finance, Supply Chain Management, or a related field.
• Minimum 3 years business experience covering spend reporting and control, or experience commercial analytical role.

REQUIRED GENERAL KNOWLEDGE & EXPERIENCE:

• Understanding of spend management techniques and reporting strategies. 
• Anticipates and addresses significant problems or issues before they arise.
• Communicates clearly and engages directly with Category Manager and Supply Chain BU peers on supply chain strategy, analytics, and execution.
• Integrates and manages multiple concepts and activities to ensure they are aligned to the strategy set by the Category Director – Spend Management.
• Understanding of contractual agreements, SAP MM data, and spend data and reporting.
• Identifies new solutions to current or anticipated problems often with cross-functional interaction.
• Models alternative and creative solutions and influences colleagues to improve performance.

CONDITIONS OF EMPLOYMENT:

This is a full-time, exempt position in the Denver Office

COMPENSATION: $105,000-$115,000

BENEFITS:

AngloGold Ashanti North America (AGANA) offers a competitive benefits package to include company paid medical, dental, and vision insurance premiums; flexible spending accounts; 401(k) retirement plan with employer match; vacation, paid sick leave, paid holidays.  Other ancillary benefits include employer paid basic life, accidental death and dismemberment, short-term and long-term disability insurance, wellbeing reimbursement program, tuition reimbursement and a host of other benefits.  AGANA recognizes the need for work life balance and offers a flexible/hybrid work schedule to employees.  Eligible employees will participate in the annual short-term and long-term incentive plans.  All benefits are subject to the applicable eligibility and program/plan terms and conditions and may be modified or terminated at AGANA’s sole discretion. 

AngloGold Ashanti Limited

Reg No: 1944/017354/06     

EQUAL OPPORTUNITY STATEMENT

AngloGold Ashanti North America Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type with regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.