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Position SummaryThe Strategic Sourcing Manager is a position within Simmons Bank’s Finance Department. The bank is seeking an experienced candidate to manage procurement data, reporting, and tactical operations across the enterprise/organization. The successful candidate will design and manage reporting and maintain the data and generation of data within the Procurement Platform. This individual will report directly to the SVP of Procurement.
Essential Duties and Responsibilities
- Manage design and creation of Procurement reporting.
- Work with Procurement Team to generate reporting requirements for daily operations.
- Perform data audits and validations to identify and correct discrepancies
- Manage the contract repository and ensure proper synchronization between contracts and PO’s.
- Provide recommendations for continuous improvement in the overall procurement process based on data.
- Generate and manage KPIs for Procurement
- Generate savings reporting and ensure consistency for various views of the data as required
- Challenge the procurement team on data and calculation accuracy as needed
- Documentation and Support of Procurement Process and Process Maps
- Documentation and maintenance of Procedures
- Creation and deployment of training materials and communications
- Serve as SME for Workday Strategic Sourcing data and train business partners on data entry.
- Coordinate onboarding of new third parties
- Track anticipated/actual negotiation savings reporting
- Identify opportunities for process efficiency
- Track and report progress on renewals/extensions/amendments to existing contracts
- Performs other duties and responsibilities as assigned.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Skills
- Excellent communication and data management skills with a track record of success for a financial institution.
- Strong problem-solving, analytical and strategic planning skills
- Ability to effectively present information to Senior Management and communicate across the enterprise.
- Ability to synthesize and advise on data reporting and management
- Strong writing, project management, and organizational skills
- High degree of adherence to ethical standards
- Strong skills in generation of reports and associated presentation materials.
- Skilled at meeting deadlines and prioritizing tasks based on executive direction
- Ability to maintain the highest level of confidentially and sensitivity towards all work-related information
- Education and/or Experience
- Bachelor's degree in Accounting, Finance, Business, or related field;
- 5+ years of experience in Procurement operations or data management in a financial organization.
- Computer Skills
- MS Office programs (Specifically Excel and PowerPoint)
- Workday (preferred)
- Ariba, or similar procurement platforms.
- Certificates, Licenses, Registrations
- None.
- Other Qualifications (including physical requirements)
- Proven track record of developing and implementing reporting and analytics
- Strong knowledge of procurement, contract and vendor management
- Experience with Procurement and contract repository platforms.
Other
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties, and responsibilities may change at any time with or without notice.
Skills Training:
- Communication, Sales, Presentation Skills, Problem Solving
- Customer Service, Time Management, Critical Thinking
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.
Simmons Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Simmons Bank and has not been reviewed or approved by Simmons Bank.
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Healthcare Strength — Medical, dental and vision coverage are paired with an HSA that includes company funding. Dedicated care options and access to no‑cost services for covered members strengthen day‑to‑day healthcare support.
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Retirement Support — A 401(k) with employer match is complemented by an employee stock purchase plan and profit‑sharing eligibility. Occasional discretionary company contributions further boost long‑term savings potential.
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Leave & Time Off Breadth — A combined PTO bank and up to ten paid company holidays provide structured time away. Paid leave programs support coverage for key life events.
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We were founded as a community bank. More than 100 years later, we still act like one. For over a century, we’ve worked hard to help make our customers’ dreams come true – dreams like buying a home, starting a business or simply having the ability to manage your money safely and securely, anywhere you happen to be. Simmons Bank has 200 locations and employs 2,800 associates across our six-state footprint
