Spend Analyst Intern

Location: Chicago, IL
As a Spend Analysis Intern at Source One Management Services, you will get to work on client and internal excel-based deliverables with our Spend Analysis Team. The primary function of this internship is to categorize and analyze expenditures from disparate data sources such as general ledgers, p-cards, and purchase orders in order to glean insights for client work and help develop internal spend analysis tools built by our Data Science Team. An ideal candidate is comfortable working in Excel and is interested in understanding business purchasing operations, procurement strategy, spend data, contract negotiation, and business analytics. An ideal candidate will possess analytical and critical thinking skills, is able to work independently, as well as in a team setting, and is able to follow directions.
Key Responsibilities
  • Support in data cleansing activities as required.
  • Execute, analyze, and present client vendor analyses alongside members of the project management office (PMO) and spend analysis lead.
  • Document data governance processes and rules.
  • Assist the spend analysis lead in maintaining operational governance of vendor data by running, and interpreting ad-hoc reports as needed.
  • Develop action plans and initiatives to drive the improvement of supplier master data.

  • Currently pursuing an undergraduate or master degree in mathematics, statistics, predictive analytics, information systems, or an equivalent major.
  • Intermediate Excel analytical skills.
  • Strong analytical, problem solving, and diagnostic skill.
  • Ability to work independently and in a team environment, meet individual/team deadlines, and deal with pressures associated with those deadlines.
  • Ability to perform ETL (Extract, Transform, and Load) processes by means of SQL.
  • Proficient ability to automate Microsoft Office based tasks in VBA.
  • Demonstrated ability to code in a scripting language. Experience performing analytics driven work with BI tools.
Company Insights
Since 1992, Source One has been and is a premier procurement services provider and strategic sourcing consulting firm. Our team of spend management and category experts support best-in-class organizations by ensuring their procurement and sourcing capabilities are optimized and that they are getting the most value at the best possible price from their suppliers. Simply put, we help our customers save money by renegotiating existing contracts, streamlining and optimizing processes, and acting as decision support for their procurement and sourcing needs operating under three main verticals: IT & Telecom, Marketing, and Supply Chain.
As a group of out-of-the-box thinkers and motivated individuals, we are always eager to have new members to the team to gain fresh ideas and insights for continuous process improvement and growth.

We take pride in recruiting, developing and retaining highly talented individuals. Offered to our full-time employees, in addition to competitive salaries, an attractive vacation policy and benefits which includes 401K with company contribution and disability, life, and medical insurance, we offer a challenging and rewarding work environment with extensive support from our team, an open and dynamic working environment in a growing company and unlimited growth prospects within Source One.
Please visit us on the web at http://www.sourceoneinc.com.
Want to have a career at Source One? Here’s how to apply:
Please apply on our web portal: http://jobs.sourceoneinc.com/
We ask that you make sure to include your salary requirements. Please do not contact anyone at the company directly.
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