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Spend Analyst Jobs (NOW HIRING)

PRINCIPAL ACCOUNTABILITIES * Assist with spend management analysis and reporting across suppliers, commodities, and plants. * Develop and maintain Power BI dashboards and reporting tools to support ...

Creates an organizational spend map that outlines key spend characteristics. Categorize transactions as needed to summarize spend by key characteristics. Summarizes analysis into reports and ...

Creates an organizational spend map that outlines key spend characteristics. Categorize transactions as needed to summarize spend by key characteristics. Summarizes analysis into reports and ...

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 ...

Analyze legal spend, matter activity, law firm performance, and panel utilization to identify trends, risks, savings opportunities, and process enhancements. Prepare executive-level reporting ...

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Spend Analyst information

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$38.5K

$88.1K

$118K

How much do spend analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for spend analyst 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 are the key skills and qualifications needed to thrive in the spend analyst position, and why are they important?

To thrive as a Spend Analyst, you need strong analytical skills, attention to detail, and a background in finance, business, or supply chain management. Expertise with data visualization tools (such as Tableau or Power BI), advanced Excel skills, and experience using enterprise resource planning (ERP) systems like SAP or Oracle are commonly required. Excellent communication, problem-solving abilities, and stakeholder management distinguish high performers in this area. These competencies are crucial for delivering accurate spend analysis, identifying cost-saving opportunities, and supporting strategic procurement decisions.

What are the main day-to-day responsibilities of a spend analyst?

As a Spend Analyst, your typical day involves collecting, cleansing, and analyzing purchasing and supplier data to identify trends, risks, and opportunities for cost reduction. You'll frequently collaborate with procurement teams, category managers, and finance professionals to interpret findings and support their decision-making. Additionally, you may be responsible for preparing regular reports, visual dashboards, and presentations for senior management. The role often requires juggling multiple projects simultaneously and prioritizing tasks based on business needs, making adaptability and time management essential.

What is a spend analyst?

A Spend Analyst is a professional responsible for analyzing an organization's expenditures to identify cost-saving opportunities, improve procurement processes, and enhance financial efficiency. They collect and interpret spending data, categorize expenses, and generate reports to help businesses make informed decisions. Spend Analysts work closely with procurement and finance teams to optimize vendor relationships and reduce unnecessary expenses. Their insights support strategic sourcing initiatives and improve overall financial performance.

More about Spend Analyst jobs
What states have the most Spend Analyst jobs? States with the most job openings for Spend Analyst jobs include:
Infographic showing various Spend Analyst job openings in the United States as of August 2026, with employment types broken down into 81% Full Time, 14% Part Time, and 5% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $88,111 per year, or $42.4 per hour.

Full-time

Posted 27 days ago


Baltimore Aircoil Company rating

6.7

Company rating: 6.7 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

377th of 487 rated machine equipment manufacturers


Job description

POSITION PURPOSE

The Sourcing Analyst is responsible for supporting strategic sourcing and procurement activities through commodity analysis, RFQ management, spend reporting, and pricing support across key commodity categories. This role provides analytical and operational support to Supply Chain leadership while helping drive cost savings, supplier competitiveness, and data-driven decision making.

The position will support sourcing initiatives related to raw materials and components while assisting with price management, supplier analysis, and procurement reporting activities across North American operations.

PRINCIPAL ACCOUNTABILITIES

  • Assist with spend management analysis and reporting across suppliers, commodities, and plants.
  • Develop and maintain Power BI dashboards and reporting tools to support sourcing, spend visibility, cost savings tracking, and procurement performance metrics.
  • Analyze procurement data and trends to provide actionable insights supporting sourcing strategies and business decisions.
  • Support commodity pricing analysis and market tracking for key raw materials including copper and aluminum.
  • Prepare, distribute, and analyze RFQs for suppliers across multiple commodity and sourcing categories.
  • Support supplier price change reviews, analysis, and implementation activities.
  • Maintain sourcing data, pricing files, supplier quotations, and procurement reporting tools.
  • Analyze supplier pricing trends and support sourcing recommendations based on market conditions and business requirements.
  • Assist in preparing sourcing presentations, executive summaries, and procurement analytics for leadership reviews.
  • Partner with Supply Chain, Finance, Operations, and Engineering teams to support sourcing initiatives and business objectives.
  • Support cost savings tracking, validation, and reporting initiatives.

NATURE & SCOPE

The Sourcing Analyst supports strategic sourcing activities through reporting, analytics, RFQ administration, and commodity tracking. The role works closely with sourcing leadership and cross-functional teams to support procurement initiatives, supplier management activities, and cost reduction efforts.

Primary responsibilities include commodity pricing support, spend analysis, supplier quote management, and procurement reporting. The position also assists with market analysis, supplier communication, and sourcing project coordination.

Success in this role requires strong analytical skills, attention to detail, communication skills, and the ability to manage multiple priorities in a fast-paced manufacturing environment.

KNOWLEDGE & SKILLS

  • Bachelor’s degree in Supply Chain, Business, Finance, Engineering, or related field preferred.
  • 2+ years of sourcing, procurement, supply chain, finance, or analytical experience preferred.
  • Strong analytical, organizational, and problem-solving skills.
  • Advanced proficiency in Microsoft Excel and data analysis tools.
  • Experience supporting RFQ processes, spend analysis, and procurement reporting preferred.
  • Strong communication and cross-functional collaboration skills.
  • Ability to analyze pricing trends, market conditions, and supplier data.
  • ERP experience (SAP preferred).
  • Preferred Experience
    • Power BI dashboard development and reporting analytics
    • Commodity or raw material analysis
    • Procurement analytics and reporting
    • Manufacturing or industrial environments
    • Supplier pricing and cost modeling

WORKING CONDITIONS

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.  The position is predominantly an office function and has exposures consistent with an office role with extended periods seated, standing, walking, and entering information on a computer. While performing this job, the employee is regularly required to stand and walk up to 25% of the time.  Travel up to 10% of time.


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