Procurement Analyst (O Mente)

Procurement Analyst (O Mente)

24 oct
|
Placements24
|
O Mente

24 oct

Placements24

O Mente

About the Role

Our client, a prominent financial services institution, is looking for a data-driven Procurement Analyst to join their strategically focused procurement team. This role, conducted remotely, will involve in-depth analysis of spending patterns, supplier performance, and market intelligence to support strategic sourcing initiatives and cost optimization efforts. The successful candidate will play a key role in providing insights that drive informed decision-making within the procurement function. This is an excellent opportunity for an analytical individual to apply their skills in a challenging and impactful environment, contributing to the efficiency and effectiveness of a leading financial organization. We seek individuals who are adept at translating data into actionable recommendations and thrive in a remote, collaborative setting. The focus is on leveraging analytical expertise to enhance procurement strategies.

Key Responsibilities

- Analyze procurement data, including spend, supplier performance, and market trends, to identify cost-saving opportunities.
- Develop and maintain spend cube reports and dashboards for various business units.
- Support strategic sourcing projects by providing detailed market research and supplier analysis.
- Monitor and report on key performance indicators (KPIs) for procurement activities and supplier performance.
- Assist in the development of business cases for procurement initiatives and technology implementations.
- Identify risks and opportunities within the supply base and provide recommendations for mitigation or exploitation.




- Collaborate with procurement managers and category leads to provide analytical support for negotiations.
- Ensure data integrity and accuracy within procurement systems and databases.
- Prepare presentations and reports to communicate findings and recommendations to stakeholders.
- Stay updated on procurement best practices, analytical tools, and industry trends relevant to financial services.

Requirements

- Bachelor's degree in Finance, Economics, Data Science, Supply Chain Management, or a related quantitative field.
- Minimum of 3 years of experience in procurement analysis, financial analysis, or data analytics.
- Strong analytical skills with proficiency in data manipulation and modeling tools (e.g., Excel, SQL, Power BI, Tableau).
- Experience with procurement processes and systems (e.g., P2P, e-sourcing).
- Excellent report-writing and presentation skills.
- Ability to work independently, manage deadlines, and communicate effectively in a remote environment.
- Understanding of financial services industry procurement needs is a plus.
- Detail-oriented with a focus on data accuracy and integrity.
- Proactive and self-motivated with a strong desire to drive improvements.
- A stable internet connection and a dedicated workspace for remote work.

Benefits

- Competitive annual salary range.
- Comprehensive medical, dental, and vision insurance.
- Retirement savings plan with employer matching.
- Significant opportunities for professional development and training.
- Work from home flexibility.
- Exposure to high-level strategic decision-making.
- Collaborative virtual team environment.

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📌 Procurement Analyst (O Mente)
🏢 Placements24
📍 O Mente

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