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Spend Analysis Jobs (NOW HIRING)

Completes routine spend analysis for assigned category team(s), including preparing market maps and summarizing key trends for category leads * Ensures accuracy of master data related to commodity ...

Completes routine spend analysis for assigned category team(s), including preparing market maps and summarizing key trends for category leads * Ensures accuracy of master data related to commodity ...

Responsibilities include a combined individual contribution and team leadership in developing procurement and purchasing resources, finding opportunities through spend analysis, developing sourcing ...

Senior Financial Analyst

$87K - $109K/yr

... spend analysis, business analytics, or a related role • Hands-on experience reconciling data across multiple financial systems (POs, invoices, forecasts, actuals) • Strong understanding of core ...

Responsibilities include a combined individual contribution and team leadership in developing procurement and purchasing resources, finding opportunities through spend analysis, developing sourcing ...

Senior Analyst, Procurement

Manhattan, NY · On-site

$80K - $95K/yr

Conduct spend analysis, market benchmarking, and category analysis to identify cost savings and value optimization opportunities * Drive implementation and adoption of preferred suppliers and ...

Senior Business Analyst

Miami, FL · On-site

$88K - $114K/yr

Support strategic sourcing and procurement initiatives through spend analysis, supplier performance reporting, and business case development. * Design and maintain reporting solutions using business ...

Negotiate strategic supplier agreements; conduct spend analysis for $1M+ savings opportunities * Manage full contract lifecycle: draft, redline, negotiate T&Cs with Legal, Finance, and stakeholders ...

Manager, Strategic Sourcing

Miami, FL · On-site

$123K - $159K/yr

This position will develop a deep spend analysis by commodity and vendor to develop opportunities including an overall sourcing strategy. Will engage key stakeholders with facts and data to develop ...

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Spend Analysis information

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$38.5K

$88.1K

$118K

How much do spend analysis jobs pay per year?

As of Jun 16, 2026, the average yearly pay for spend analysis in the United States is $88,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $110,500.00 per year, depending on experience, location, and employer.

What is spend analysis?

Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data within an organization to identify cost-saving opportunities, improve procurement processes, and enhance supplier relationships. It helps businesses gain visibility into their spending patterns, uncover inefficiencies, and support strategic sourcing decisions. By leveraging spend analysis, organizations can make data-driven decisions to optimize their procurement activities and reduce costs.

What does a spend analyst do?

A spend analyst is responsible for reviewing and analyzing an organization’s procurement data to identify cost-saving opportunities and improve purchasing efficiency. They use tools like Excel and spend management software to track expenses, develop reports, and support strategic sourcing decisions. Strong analytical skills and attention to detail are essential for this role.

What are some common challenges faced by professionals in Spend Analysis roles, and how can they be addressed?

Professionals in Spend Analysis often encounter challenges such as inconsistent data sources, incomplete supplier information, and resistance to process changes from stakeholders. Addressing these issues typically involves implementing robust data cleansing protocols, establishing standard data management practices, and regularly collaborating with procurement, finance, and IT teams to ensure data consistency. Additionally, clear communication and stakeholder engagement are key to driving adoption of insights and recommendations generated through spend analysis.

What jobs pay $500,000 a year in the US?

In the field of spend analysis, high-paying roles such as Chief Financial Officer (CFO), Chief Procurement Officer, or senior finance executives can earn $500,000 or more annually, especially in large organizations. These positions typically require extensive experience, advanced certifications, and strong leadership skills, often involving strategic decision-making and oversight of financial or procurement functions.

What job makes $10,000 a month without a degree?

A Spend Analysis professional can potentially earn $10,000 or more per month through roles in data analysis, financial consulting, or procurement management, often requiring strong analytical skills and experience with tools like Excel or specialized software. High-level positions in these fields may be achieved through experience, certifications, and demonstrated expertise rather than formal degrees.

What are the key skills and qualifications needed to thrive as a Spend Analyst, and why are they important?

To thrive as a Spend Analyst, you need a solid background in data analysis, procurement processes, and financial management, typically supported by a degree in finance, business, or a related field. Proficiency with data analytics tools like Excel, Tableau, and spend analysis software such as Coupa or SAP is commonly required. Strong attention to detail, problem-solving abilities, and effective communication are vital soft skills in this role. These skills are crucial for identifying cost-saving opportunities, optimizing supplier relationships, and supporting strategic purchasing decisions.

Is a budget analyst an entry level job?

A budget analyst is often an entry-level position that requires a bachelor's degree in finance, accounting, or a related field. However, some roles may require prior experience or specialized skills in financial analysis or software tools like Excel. Advancement typically involves gaining experience and developing expertise in budgeting and financial planning.

What is the difference between Spend Analysis vs Procurement Analyst?

AspectSpend AnalysisProcurement Analyst
Primary FocusAnalyzing company spending data to identify savings opportunitiesManaging procurement processes and vendor negotiations
Skills RequiredData analysis, reporting, financial acumenProcurement strategies, supplier management, negotiation skills
Tools UsedSpreadsheets, data analytics softwareProcurement platforms, ERP systems
Work EnvironmentFinance, supply chain, or procurement departmentsProcurement or sourcing teams within organizations

While both roles involve procurement and supply chain functions, Spend Analysis primarily focuses on analyzing spending data to optimize costs, whereas a Procurement Analyst manages procurement activities and vendor relationships. Understanding these differences helps organizations assign the right responsibilities and skills to each role.

More about Spend Analysis jobs
Strategic Sourcing Analyst II

Strategic Sourcing Analyst II

Intuitive

Sunnyvale, CA • On-site

Full-time

Posted 25 days ago


Job description

Company Description
It started with a simple idea: what if surgery could be less invasive and recovery less painful? Nearly 30 years later, that question still fuels everything we do at Intuitive. As a global leader in robotic-assisted surgery and minimally invasive care, our technologies-like the da Vinci surgical system and Ion-have transformed how care is delivered for millions of patients worldwide.
We're a team of engineers, clinicians, and innovators united by one purpose: to make surgery smarter, safer, and more human. Every day, our work helps care teams perform with greater precision and patients recover faster, improving outcomes around the world.
The problems we solve demand creativity, rigor, and collaboration. The work is challenging, but deeply meaningful-because every improvement we make has the potential to change a life.
If you're ready to contribute to something bigger than yourself and help transform the future of healthcare, you'll find your purpose here.
Job Description
Primary Function of Position
  • Supports Plastics category team with strategic sourcing initiatives, spend analytics, preparation of category reviews, supplier scorecards, and supplier business reviews, and reporting activities related to capacity, cost, risk, and supplier performance management.
  • May support or lead other strategic purchasing initiatives as required.

Essential Job Duties
  • Data Analytics strongly preferred
  • Analyze large datasets to identify trends, patterns, and insights, Develop and maintain dashboards, reports, and visualizations using tools like Power BI, Tableau, or Excel
  • Strategic Sourcing Initiatives
  • Supports assigned commodity teams with preparing RFx packages
  • Leads initial analysis of RFx responses from suppliers
  • Supports market research and related supplier analysis for designated category team(s)
  • May support implementation of sourcing or supplier-related projects
  • Spend Analytics
  • Completes routine spend analysis for assigned category team(s), including preparing market maps and summarizing key trends for category leads
  • Ensures accuracy of master data related to commodity classifications for designated category team(s)
  • Conducts ad hoc spend analysis, including at the part, supplier, and sub-commodity level
  • Category Reviews
  • Supports assigned category team(s) with preparing annual category reviews as well as quarterly checkpoints
  • Monitors key sources of commodity intelligence for assigned categories
  • Reporting Management
  • Capacity: leads routine reviews of capacity metrics for assigned commodity teams to ensure data is complete and required projects have been initiated.
  • Cost: Reviews standard tools to identify possible cost reduction opportunities and track purchase price variance. May support data gathering for monthly cost savings tracking. May lead or support project cutover management planning.
  • Risk: supports administration of SCRM tool to ensure accuracy of data for assigned category team(s); may support specific risk mitigation projects.
  • Supplier Performance: supports preparation of supplier scorecards and supplier business reviews. May analyze standard reporting tools to ensure data accuracy, summarize performance trends, and identify opportunities for improvement for designated categories.
  • Contracts: Provides contract administration support. May provide ad hoc support for updating contract exhibits at the direction of the category leads.
  • Supports ad hoc strategic sourcing initiatives as required, which could include supporting IT/automation enhancements and testing, supporting compliance related requirements, documenting processes, conducting ad hoc supply chain analysis, and generating data visualizations or leadership-level presentations.
  • Identifies continuous improvement opportunities
  • May mentor colleagues in the Global Supply Chain organization on Strategic Sourcing tools and processes

Qualifications
Required Skills and Experience
  • Significant computer experience including MS Office products and ERP systems. Strong Excel and PowerPoint skills.
  • Working knowledge of buying, material planning, master scheduling, and forecasting.
  • Demonstrates concern for precision, thoroughness, and organization.
  • Ability to handle multiple tasks and projects successfully and adapt to changing priorities.
  • Excellent verbal and written communication skills.
  • Proactive thinking and problem solving skills.

Required Education and Training
  • BS degree or equivalent and 2-4 years of purchasing experience and or data analytics in a regulated industry manufacturing environment (medical device preferred).

Working Conditions
  • ~10% travel to both domestic and international suppliers

Preferred Skills and Experience
  • Experience in the medical device industry preferred.
  • SAP, Agile, Tableau, and Ivalua experience preferred.

Additional Information
Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.
Intuitive is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.
Mandatory Notices
U.S. Export Controls Disclaimer: In accordance with the U.S. Export Administration Regulations (15 CFR §743.13(b)), some roles at Intuitive Surgical may be subject to U.S. export controls for prospective employeeswho are nationals from countries currently on embargo or sanctions status.
Certain information you provide as part of the application will be used for purposes of determining whether Intuitive Surgical will need to (i) obtain an export license from the U.S. Government on your behalf (note: the government's licensing process can take 3 to 6+ months) or (ii) implement a Technology Control Plan ("TCP") (note: typically adds 2 weeks to the hiring process).
For any Intuitive role subject to export controls, final offers are contingent upon obtaining an approved export license and/or an executed TCP prior to the prospective employee'sstart date, which may or may not be flexible, and within a timeframe that does not unreasonably impede the hiring need. If applicable, candidates will be notified and instructed on any requirements for these purposes.
We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.
Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.
This position may be filled at a different job level than listed here depending on
business need and/or on the selected candidate's experience, knowledge and skills.
Compensation will be based primarily on the job level at which the role is filled and the
candidate's qualifications, consistent with applicable law.
We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target compensation ranges are listed.