Senior Analyst, Global Sourcing & Procurement; Revenue Operations

Business Unit:
Global Sourcing, Corporate Services & OCOO Administration

Salary Range: $95,000 USD - $115,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

We are seeking a detail‑oriented and proactive Senior Analyst, Global Sourcing & Procurement to lead and manage the quarterly cost allocation process, including Index and P&R extracts. This hybrid role partners closely with Finance, IT, and Operations, ensuring accurate cost distribution to funds and clients, resolving technical issues, and driving continuous process improvement.

• Lead end-to-end cost allocation initiatives across departments, programs, or cost categories, ensuring accuracy, timeliness, and alignment with business objectives and regulatory requirements.
• Design, enhance, and maintain cost allocation methodologies, applying sound financial judgment and documenting assumptions, decisions, and changes.
• Own and maintain comprehensive documentation, including allocation methodologies, exception handling, new cost decisions, governance standards, and audit support materials.
• Partner with Finance, Operations, and program teams to gather, validate, and analyze cost inputs and allocation drivers; proactively identify risks, gaps, and data quality issues.
• Prepare clear, concise reporting, analysis, and presentations for senior internal stakeholders and audit or external review needs.

• Independently run the quarterly cost allocation process, ensuring accurate and timely delivery of Index and P&R extracts in close coordination with Finance.
• Serve as the primary business owner and subject‑matter expert for the cost allocation tool and related extracts.
• Partner with IT to triage, prioritize, and resolve defects, enhancements, and new requests; maintain and manage a backlog of technical requests and ensure alignment with business priorities.
• Own the review, validation, and communication of business exceptions and newly identified costs.
• Manage the end-to-end process for onboarding and passing through new costs to fund and clients, ensuring proper controls and transparency.
• Identify and drive continuous improvement opportunities to enhance scalability, efficiency, and controls within the cost allocation process.

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field.
• 3-5 years of experience in financial analysis, cost allocation, business analysis or process improvement.
• Proficiency in Excel; working knowledge of SQL, Jira, or similar workflow and data tools.
• Proven ability to operate independently, manage competing priorities, and exercise sound judgment.
• Strong analytical, problem‑solving, and communication skills, with the ability to explain complex concepts to non‑technical stakeholders.

• Strong understanding of financial data flows, cost modeling, and allocation methodologies.
• Experience partnering closely with cross‑functional teams such as Technology, Finance, and Operations to deliver technology‑enabled solutions.
• Strong stakeholder management skills, including the ability to influence without authority.

This role is not eligible for employment‑based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self‑image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.