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Senior Analyst, Financial Supplier Risk - Hybrid - Solon Ohio
Company: Nestle Location: Solon, Ohio
Posted On: 04/19/2024
Foods people love. Brands people trust. And a career that nourishes your future like no other.If you're driven by the passion to do something meaningful that changes lives, Nestle is the place for you. Nestle USA is one of seven operating companies that make up Nestle's presence in the United States. We're in 97% of American homes, and as the leading food and beverage company, our goals are to continue to deliver quality food and beverage products, strengthen our local communities, and reduce our environmental and climate impact.We're determined to challenge the status quo and be better tomorrow than we are today. As individuals and teams, we embrace our entrepreneurial culture and have created a workplace where collaboration is essential, courage is rewarded, speed is expected, and agility is the norm to delight our consumers every single day. Here, you will find limitless opportunities to learn and advance your career and feel empowered to succeed in the workplace and beyond. Because our focus is not only on nourishing our customers, but also about enriching you.This position is not eligible for Visa Sponsorship.Position Summary:Assess the financial and credit profile of vendors supplying Nestle business units around the world. The Senior Analyst is responsible for assigning risk ratings to 1500 vendors annually based on credit profiles, financial analysis and other factors such as geopolitical risk, competitive landscape, economic and industry factors.Primary Responsibilities: - Analyze financial statement, business intelligence reports, geopolitical intelligence, competitive landscape, and industry data. Support Nestle NCE and both internal and external reporting.
- Assign risk ratings for new/potential vendors.
- Review and maintain risk ratings for existing vendors.
- Advise procurement - Vendors representing high risk of supply chain/business disruption.
- Advise Credit Management.
- Engage vendor's management for financial disclosure.
- Engage vendor's management to discuss financial issues and communicate risk factors with Nestle procurement management (HOPs).
- Document all activities in the Nestle Supplier Forum (cloud-based solution).
- Build and maintain rapport with vendors, Procurement and sources of trade information.
- Perform in a customer service capacity by answering inquiries from vendors and Nestle procurement.
- Assist with reviewing, developing and maintaining the integrity of the Nestle global Vendor approval (VAP) tool used globally by Nestle Procurement for the preliminary risk assessment of new vendors.
- Assist procurement with contingency strategies and planning.
- Assist with the preparation of required reports for management.
- Generate non-disclosure agreements.Requirements and Minimum Education Level:
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