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AngloGold Ashanti Limited

Category Specialist: Spend Management

AngloGold Ashanti Limited, Greenwood Village, Colorado, United States,


Requirement:

Must have valid U.S. work authorization to be consideredSUMMARY/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, and spend behaviors. This role ensures that spend reporting processes run smoothly and efficiently, aligning with the company’s strategic goals.Additionally, the role is accountable for ensuring data integrity across different dimensions of spend management, providing 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.Data collection and modeling to support the analysis of quantitative and qualitative information to assess global spend, perform benchmarks, and derive insights to support 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.Implementation and maintenance of spend data categorization to enhance visibility and understanding of expenditure patterns.Prepare monthly and yearly reports on detailed spend analysis to identify spending patterns and opportunities for cost reduction.Coordinate data collection strategies between the Global Supply Chain, Operations, and Full Asset Potential teams to ensure alignment on timely and accurate reporting.Data collection and report preparation of cost-saving initiatives and efficiency improvements across various spend categories.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.Support the Market Intelligence Specialist in obtaining spend data as needed.Spend Analysis and Reporting:Consolidate and coordinate spend data to identify trends and areas of inefficiency.Work with the Market Intelligence Specialist to analyze and consolidate reports on spending patterns and forecasts.Utilize spend management tools and software to track and report on expenditure.Prepare detailed reports on savings initiatives, including performance against targets and provide insights to senior management.Support the 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.Maintain effective working relationships with the Category and Operations teams to assess or improve the quality of the spend process.Collect and analyze quantitative and qualitative information to assess spend and savings performance.Collect, investigate, and analyze information as requested by the Category Director using data from internal and external sources.Communicate supply chain spend methodologies and objectives to peers in the business units and operations.Collaborate across the group and share 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 in a 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.Integrates and manages multiple concepts and activities to ensure alignment with strategy.Understanding of contractual agreements, SAP MM data, and spend data and reporting.Identifies new solutions to current or anticipated problems.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-$115,000BENEFITS:AngloGold Ashanti North America (AGANA) offers a competitive benefits package including company paid medical, dental, and vision insurance premiums; flexible spending accounts; 401(k) retirement plan with employer match; vacation, paid sick leave, and paid holidays. Other benefits include employer paid basic life, accidental death and dismemberment insurance, short-term and long-term disability insurance, wellbeing reimbursement program, and tuition reimbursement. 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.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.This policy applies to all terms and conditions of employment.Copyright of AngloGold Ashanti 2023 All Rights Reserved

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