Conduct thorough audits of base part prices, contract price changes, and all supporting documentation related to new supplier contracts initiated by buyers.
Verify pricing accuracy and ensure all adjustments are aligned with contractual terms and client policies.
Assess the validity and sufficiency of evidence provided to support pricing changes.
Utilize advanced Excel formulas and tools to compute price changes, identify discrepancies, and report on variances.
Prepare and deliver clear, concise reports on audit findings, highlighting risks, inconsistencies, or cost-saving opportunities.
Lead or participate in regular review meetings with clients to discuss Price Change Reports and variance findings.
Collaborate with procurement teams to formulate strategic approaches to supplier negotiations and price reductions.
Maintain documentation of audit processes, methodologies, and conclusions to ensure transparency and traceability.
Requirements
Bachelor’s degree in Accounting, Finance, Business Administration, Supply Chain, or a related field.
Proven experience in auditing, procurement, or cost analysis with a focus on price validation and variance analysis.
Advanced proficiency in Microsoft Excel — including but not limited to: VLOOKUP, INDEX/MATCH, IF statements, pivot tables, conditional formatting, and error-checking formulas.
Strong analytical and quantitative skills, with a high level of attention to detail.
Excellent written and verbal communication skills for client reporting and presentations.
Ability to manage multiple audits/projects simultaneously in a fast-paced environment.
Familiarity with procurement or ERP systems SAP is a plus.
Job title
Business Operations Analyst II – Price Variance Auditor
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