What are the responsibilities and job description for the Sourcing Analyst position at Churchill Downs Incorporated - Louisville, KY?
SUMMARY:
Provides sourcing support at the corporate level in the management of information related to our network of suppliers. Works with corporate sourcing, property purchasing managers, and suppliers to ensure that suppliers are efficiently onboarded and enabled along with all required compliance, insurance, risk assessments, and adherence to supplier performance standards are met. Responsible for creating and reporting key performance indicators for critical suppliers. Responsible for supporting strategic sourcing initiatives including diversity, social responsibility, and environmental sustainability.
REQUIREMENTS:
- Bachelor’s degree in business, accounting or finance.
- A minimum of 1-3 years’ experience in sourcing or purchasing.
- Prior experience with purchasing and procure to pay systems.
- Significant competency in developing and analyzing reports using business intelligence tools.
- Detail oriented, professional demeanor, strong organization, time management, and project management skills.
- Excellent analytical, problem solving, and strategic thinking skills.
- Strong interpersonal skills, including the ability to interact effectively with suppliers and internal stakeholders.
- Excellent verbal and written communication / presentation skills.
- Strong work ethic and ability to cultivate working relationships throughout the organization.
- Significant proficiency with Microsoft suite products (Excel, PowerPoint, Word, Access, etc.) required.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Owns supplier onboarding and enablement process for corporate sourcing.
- Liaison between corporate sourcing, property purchasing managers and suppliers to ensure that all information required to efficiently onboard a supplier is received and maintained within the purchasing system including:
- Ensure W9 / W-8s are received and matched with IRS information
- Validate information supplied on the Vendor Due Diligence questionnaire
- Confirm ACH / banking information in support of the Treasury Department
- Verify that an executed contract is in place
- Verify that a supplier risk assessment has been completed and reviewed, if required
- Verify that Certificates of Insurance have been received, if required
- Works with Corporate Sourcing and property purchasing managers to create and report key performance indicators for critical suppliers.
- Responsible for supporting strategic sourcing initiatives including diversity, social responsibility, and environmental sustainability.
- Work closely with suppliers, corporate sourcing, property purchasing managers, and accounts payable to update supplier information, reconcile reports, and resolve any supplier performance issues.
- Utilizes state of the art techniques, tools, and technology to perform analysis in the most efficient, timely and effective manner as possible.
- Completes other ad-hoc analysis and reporting as needed.
ABOUT CHURCHILL DOWNS INCORPORATED:
Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN), headquartered in Louisville, Ky., is an industry-leading racing, online wagering, and gaming entertainment company anchored by our iconic flagship event - The Kentucky Derby. We own and operate Derby City Gaming, a historical racing machine facility in Louisville. We also own and operate the largest online horseracing wagering platform in the U.S., are a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines / video lottery terminals and 200 table games in eight states. We also operate sports wagering and iGaming through our BetAmerica platform in multiple states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
