About the role

  • 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.

Benefits

  • Health insurance
  • Flexible work arrangements
  • Professional development opportunities
  • Incentive compensation plan
  • Discretionary profit sharing bonus program

Job title

Procurement Analyst

Job type

Experience level

Mid levelSenior

Salary

$59,670 - $99,527 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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