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Financial Analyst - Procurement Finance

Job in Smithfield, Isle of Wight County, Virginia, 23431, USA
Listing for: Smithfield Foods, Inc.
Full Time position
Listed on 2026-10-16
Job specializations:
  • Finance & Banking
    Financial Analyst
  • Business
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 87500 USD Yearly USD 60000.00 87500.00 YEAR
Job Description & How to Apply Below
## Financial Analyst - Procurement Finance Apply:
Onsite:
Smithfield, VA:
Full time:
Posted Today:
R
- ** If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub.
** Have a seat at our table. When you join Smithfield, you become part of something special – a company that's sustainably feeding people around the world, producing good food the right way with respect for our people, animals, communities and planet. With opportunities across locations and functions, a culture grounded in our Core Four values - gratitude, communication, respect and accountability - and a strong commitment to learning, collaboration, and innovation, Smithfield offers challenging and rewarding careers where you can grow, contribute and make a real impact.

** Apply Now!
**** THE VALUE YOU’LL BRING:
*** The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section.
* Are you a detail-oriented professional with a passion for financial strategy, analytics, and value creation? We're looking for a dynamic analyst to join our Procurement Finance team and help drive enterprise-wide cost optimization through data-driven decision making.  As a key member of Procurement Finance, you will transform data into actionable insights, providing critical analysis on procurement savings, costing accuracy, market trends, supplier economics, and sourcing performance.

Serving as a financial partner to Strategic Sourcing teams supporting Packaging, Ingredients, MRO, Facilities Services, Technology, and Corporate Services, you will help validate savings initiatives, improve cost competitiveness, and support strategic business decisions.  This is an exciting opportunity to make a measurable impact in a high-performance environment where finance and procurement intersect to drive enterprise value.  
*
* WHAT YOU’LL DO:

*** The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.*
* ** Financial Reporting & Analysis**  + Prepare, analyze, and distribute financial reports related to procurement activities, sourcing performance, spend management, and cost optimization initiatives.  + Evaluate actual results against forecasts, budgets, and sourcing commitments to identify trends, risks, and opportunities.  + Develop dashboards, KPIs, ad hoc analyses, and business insights that support strategic decision-making.  + Present recommendations and actionable insights to Procurement and Finance leadership.
* ** Procurement Savings Governance & Cost Management**  + Lead the tracking, validation, and reporting of procurement savings initiatives across direct materials, indirect spend, and SG&A categories.  + Partner with Procurement and Finance teams to ensure alignment between sourcing commitments and realized financial results.  + Develop and maintain methodologies for measuring cost reductions, inflation impacts, and deflation benefits.  + Support Total Cost of Ownership (TCO) analysis, ROI modeling, business cases, and other value-creation initiatives.
* ** Commodity, Supplier & Market Analytics**  + Monitor commodity markets, supplier pricing, inflation trends, and industry benchmarks to identify risks and opportunities.  + Conduct financial analysis of supplier performance, contract compliance, and sourcing strategies.  + Develop supplier scorecards and performance reporting tools that provide visibility into procurement effectiveness and value delivery.  + Utilize forecasting, scenario modeling,…
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