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Procurement Analyst

Job description

DEPARTMENT: Group Commercial Finance

REPORTS TO: Commercial Business Partner

 

ROLE OVERVIEW:

The Procurement Analyst will provide a wide range of support to the Commercial Business Partner, and Procurement function. The main financial areas of focus will include tenders and cost prices, quality and market analysis on supplier and commodities, budget & strategy support and other ad-hoc finance activities as required.

 

KEY RESPONSIBILITIES AND ACCOUNTABILITIES: 

  • Support the production of detailed procurement reports, including different levels of analysis (supplier, commodity, service, etc), all with clear rationale and variance analysis.
  • Support tender processes, analysing cost proposals put forward by suppliers and understanding the operational requirements of the product to ensure it is competitive and fit for purpose.
  • Manage the cost business information system driving insight to support the procurement team.
  • Drive insight by utilising internal and external information * Support on a periodic basis with the production of costs incurred by the procurement team, understanding the downstream impact to the profitability of the business
  • Support in Budget, Strategy and Procurement tenders

KEY ATTRIBUTES:

  • Collaboration: Work closely with procurement and operational teams to ensure insight behind the numbers is aligned
  • Continuous Improvement: Identify opportunities for process improvements and make recommendations to the Commercial Business Partner.
  • Reporting: Prepare and present financial reports to procurement colleagues, operational sites and Commercial Business Partner
  • Proactive and results oriented. * Strong communication and interpersonal skills.
  • Ability to manage multiple priorities and meet deadlines.
  • High level of integrity and confidentiality.

REQUIRED EXPERIENCE AND QUALIFICATIONS: 

  • Part-Qualified or Newly Qualified (CIMA / ACCA)
  • Experience in financial management, ideally in a manufacturing environment.
  • Knowledge of accounting principles and financial regulations.
  • Strong analytical and problem-solving skills.
  • Ability to work collaboratively with cross-functional teams.
  • Attention to detail and accuracy.
  • Ability to build cross functional relationships and communicate effectively with non-finance colleagues
  • Proficiency in financial software and systems.

 

Please note: This job description outlines the core responsibilities and duties of the role. It is not an exhaustive list, and the role may evolve over time to include additional tasks and responsibilities in line with business needs.