Job Description
Senior Cost Analyst (Supply Chain)
Following successful completion of probation (six months), this position allows for remote work on Mondays and Fridays.
Are you passionate about transforming data into business value and to help drive decision-making and action? As a Senior Cost Analyst, you will be the lead analytical expert for our Supply Chain cost-management program, helping drive informed sourcing decisions, optimize supplier performance, and identify meaningful cost-saving opportunities across the organization. You'll develop complex cost models, market intelligence, and pricing analyses that support strategic sourcing, contract negotiations, budget planning, and executive decision-making. Additionally, you'll collaborate with a number of groups across the organization, including Procurement, Finance, Operations, and Fleet, to deliver actionable insights that improve commercial outcomes and strengthen supply chain performance.
What Else Will You be Doing?
- Lead the development and evolution of Supply Chain's cost-management program, including analytical methodologies, tools, governance practices, and reporting standards
- Build and maintain advanced cost models, including should-cost analyses, total cost of ownership models, supplier pricing evaluations, cost-driver analyses, and market benchmarks
- Evaluate supplier pricing, contract renewals, sourcing events, and commercial proposals to ensure pricing reasonableness and maximize value
- Analyze market, commodity, labor, tariff, and economic trends to provide strategic guidance for sourcing decisions, budget planning, and negotiations (may play an active role as a SME in negotiations in addition to preparing the team)
- Identify, quantify, and validate cost savings, avoided costs, cost mitigation, and other measurable business impacts
- Develop dashboards, scorecards, reports, and executive-level presentations that translate complex data into clear recommendations
- Monitor supplier, commodity, and category cost trends to identify risks, opportunities, and emerging market pressures
- Establish quality standards and best practices that ensure analyses are accurate, transparent, and repeatable
- Mentor and provide technical guidance to junior analysts while helping build scalable tools, templates, and training resources
- Lead analytical projects from concept through implementation, delivering decision-ready insights to Supply Chain leadership and business stakeholders
Who You Are
- Demonstrated experience in data analytics to include data model development, dashboard development, reporting, and/or data mining
- Experience using Microsoft Power Platform's suite of tools - preferably, Power BI and Power Automate
- Knowledge of Supply Chain processes is valued (e.g., forecasting, procurement, approval limits, turnaround times, turn ratios, cycle counts)
- Knowledge of supplier cost structures, market dynamics, contract pricing, and total cost of ownership principles
- Ability to communicate data outcomes and findings to a variety of audiences, including senior leadership
- Bachelor's degree in Finance, Data Analytics, Accounting, or a related field is valued
Physical Requirements and Working Conditions
Exerting up to 10 pounds of force occasionally (1/3 of the time), and/or a negligible amount of force frequently (1/3 to 2/3 of the time) to lift, carry, push, or pull objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary only if walking and standing are required only occasionally and all other criteria are met. Positions in this class typically require reaching, standing, walking, grasping, talking, hearing, seeing and repetitive motions.
Our Commitment to Our Employees
Our people are the heart and soul of Colorado Springs Utilities. They keep the lights on, gas flowing, water coming in, and wastewater leaving. We don't just say people are important – we prove it! That’s why we are honored to invest in protecting the health and financial security of our employees and their families through our rich benefits program.
Time Off to Recharge
- Vacation – Start with 13 days annually, increasing to 24 days with tenure
- Personal Leave –3 days per year
- Paid Holidays –12 paid holidays per year
- Sick Leave – 12 days per year for personal or family health needs
- Vacation Buy – Option to purchase up to 40 additional hours annually
Health & Wellness – Benefits elected are effective the first of the following month
- Medical Plans: Three comprehensive options, including a $0 premium High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) eligibility
- Zero Health: Access to hundreds of medical services at no cost
- Dental & Vision: Two dental plans and one vision plan
- Family Building-Benefits: Support for fertility, preservation, adoption, and surrogacy
- Wellness Program: A voluntary program that rewards you for prioritizing self-care! If you're enrolled in a our medical plan, you and your spouse can earn up to $600 in HRA or HSA contributions by completing healthy activities
- Flexible Spending Accounts (FSA): Pre-tax contributions for healthcare and dependent care expenses
- Health Savings Account (HSA): Available with HDHP
Financial & Retirement Security
- Pension Plan: Colorado PERA provides retirement benefits and peace of mind
- Supplemental Retirement Plans: PERAPlus 401(k), MissionSquare Roth IRA, and 457 plans
- Disability Coverage: Short-Term and Long-Term Disability insurance available
- Life Insurance: Employer-paid coverage with optional supplemental plans
Additional Support
- Employee Assistance Program (EAP): Confidential support for mental health, stress, legal, financial, and work-life balance
- Tuition Reimbursement: Up to $5,250 annually to support continued education
- Public Service Loan Forgiveness: As a qualifying employer, your student loan payments may be eligible for loan forgiveness