Procurement Analyst focusing on analytics to support the Strategic Sourcing team. Responsible for data accuracy, insights, and presentations to stakeholders in the financial services sector.
Responsibilities
Supports the Strategic Sourcing and Supplier Management team by delivering data-driven insights
Focus on procurement analytics, including cost and price analysis
Responsible for maintaining procurement databases and data accuracy
Develops reports and presentations that translate complex information into actionable strategies
Presents findings to senior stakeholders and sourcing partners
Collaborates with business-line stakeholders to understand their objectives
Extracts data from multiple sources for reporting or analysis
Designs and builds management information solutions and analyses
Communicates findings and recommendations clearly
Analyzes supplier bids/proposals to determine total cost of ownership
Performs industry research and analysis
Develops and tracks key performance indicators for the team
Recommends sourcing/contracting opportunities
Cross-trains team members in analytical tools and strategies
Requirements
Bachelor’s degree in applied mathematics/statistics, data analytics, finance/economics, management information or equivalent work experience
Minimum 5 years’ equivalent job-related experience with emphasis on analytics
Minimum 2 years’ experience working in the financial services sector preferred
Working knowledge of databases and the norms for data-management practices
Analytical, mathematical, evaluative and problem-solving skills
PC proficiency in Microsoft Office, including Excel (advanced skills), Word, Outlook, Project, PowerPoint
Fundamental proficiency in common business intelligence tools (e.g. Tableau, Power BI, Cognos, Business Objects or similar)
Fundamental proficiency in the use of Standard Query Language (SQL) or similar tools for data-informed business situations.
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