Specialist: Spend Management at AngloGold Ashanti

Education & Qualifications

• Minimum BA in Business, B.Sc. Engineering, Finance, Supply Chain Management, Data Science, or a related field.

General Knowledge & Experience

• Minimum 3 years’ business experience covering spend reporting and control, or experience in a commercial analytical role.
• Spend Management & Analytics – Advanced application is required.
• Strong analytical skills and data modelling – Advanced application is required.
• Critical and Strategic Thinking - Advanced application is required.
• Complex cost reviews and cost modelling – Advanced application is required.
• Project Appraisal (NPV / IRR / Payback Period) – Advanced application is required.
• Sourcing Process – Intermediate application is required.
• Understanding of global procurement processes – Intermediate application is required.
• Problem solving – Advanced application is required.
• Financial analysis, procurement systems, and data management tools – Advanced application is required.
• Category Management – Intermediate application is required.
• Data-Based Decision Making – Advanced application is required.
• SQL Database Queries – Advanced application is required.
• Business Intelligence and Data Insights Modelling (Power BI) – Advanced application is required.
• SAP Material Management and SAP Ariba – Intermediate application is required.
• Benchmarking – Advanced application is required.
• Excel, Data Manipulation, and Interpretation – Advanced application is required.
• Innovation – Advanced application is required.
• Business Acumen – Advanced application is required.
• Financial and Accounting Principles – Intermediate application is required.

Role Accountabilities

• Supports the Category Director – Spend Management in developing and implementing comprehensive spend management strategies to align with the company’s vision and overall corporate objectives through a cohesive and collaborative approach with the rest of the Category Managers and the Operations Supply Chain organisation.
• Data collection and modelling to support the analysis of quantitative and qualitative information to assess global spend, perform benchmarks, and derive insights to support of the spend strategy.
• Implementation of spend strategy methodologies to ensure that spend management initiatives support the broader strategic goals set by the Category Director – Spend Management.
• Support the implementation and reporting of the Global Spend Management Strategy to ensure cost-effective and efficient purchasing for defined areas of spend.
• Ensure monthly data collection and information gathering from finance, operations, and other departments is timely and accurately completed to perform spend management reporting.
• Support and provide data for the identification of best practices in spend management to enhance operational efficiency and effectiveness of the category spend strategies, using data analytics and database driven queries.
• Implementation and maintenance of spend data categorisation to enhance visibility and understanding of expenditure patterns, in support of spend controls methods.
• Prepare monthly and yearly report on detailed spend analysis in support to identify spending patterns and opportunities for cost reduction, in support to the spend management strategy.
• Coordinate data collection and sources strategies between the Global Supply Chain, Operations, and Full Asset Potential teams, to ensure alignment on timely and accurate reporting, in support the Group Supply Chain spend optimisation initiatives.
• Data collection and report preparation of cost-saving initiatives and efficiency improvements across various spend categories, aligned to the Full Asset Potential methodology.
• Maintain toolsets for the monitoring of key performance indicators (KPIs) for spend management and procurement activities.
• Prepare and compile comprehensive reports and insights on spend management performance, spend trends, cost savings, and strategic initiatives to the team and senior leadership.
• Support the Market Intelligence Specialist in obtaining spend data from time to time.
• Spend Analysis and Reporting:
• Consolidate and coordinate spend data to identify trends, opportunities for cost savings, and areas of inefficiency.
• Work with the Market Intelligence Specialist to analyse and consolidate reports and insights on spending patterns and forecasts.
• Utilise spend management tools and software to track and report on expenditure.
• Prepare detailed and accurate reports on savings initiatives, including performance against targets, realised savings, and provide insights and recommendations to senior management based on reporting outcomes.
• Supporting Category Director on Operations BU relationship management and data collection plans for defined spend categories.
• Ensure proper documentation is in place to maintain compliance for savings and accurate spend metrics specific categories of strategic spend.
• Maintain effective working relationships with the Category and Operations teams with a view to assess or improve the quality of the spend process.
• Collect and analyse quantitative and qualitative information to assess spend and savings performance. 
• Collect, investigate, and analyse information as requested by the Category Director using data from internal and external sources for: 
• SAP
• Finance
• Vendors
• Operations
• Category team
• Market Intelligence 
• Spend Segmentation
• Full Asset Potential
• Communicate supply chain spend methodologies and objectives to peers in the business units and operations.
• Collaboration across the group (where appropriate) and sharing internal and external best practices across all supply chain functions.