Procurement Analyst

TN United Kingdom; London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading law firm is seeking a Procurement Analyst to provide analytical support to the procurement team. The role involves conducting market analyses, managing procurement systems, and supporting various procurement initiatives. Ideal candidates will have strong analytical skills, proficiency in data manipulation, and experience with MS Excel and Power BI.

Qualifications

• Minimum 2 years as a Procurement Analyst.
• Highly analytical and numerate.
• Proficient with data manipulation.

Responsibilities

• Provide analytical support to the global procurement team.
• Conduct spend and supplier analyses.
• Manage reporting and prepare regular reports.

Skills

Analytical

Data Manipulation

Communication

Problem-Solving

Time Management

Education

Degree in business, finance, IT, or related field

Tools

MS Excel

MS Power BI

Job description

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About Herbert Smith Freehills

As one of the world’s leading law firms, we advise many of the largest and most ambitious organisations across all major regions of the globe. With over 5,000 people, including 3,100 lawyers and over 2,000 business services professionals, operating from our global network of offices across Asia Pacific, Europe, the Middle East, and North America, Herbert Smith Freehills is at the heart of the new global business landscape providing premium quality, full-service legal advice.

We recognise that the success of our business and our clients relies on the skills, knowledge, and ideas of all our people. Our environment is one in which high performance is expected, and in return, we will provide you with rewards and opportunities tailored to your personal and professional goals.

The Opportunity

Primary Objectives:

1. Provide analytical support to the global procurement team and wider business stakeholders

Key Internal Relationships:

• Procurement Operations Manager
• Head of Procurement
• Other Procurement Team members
• Other stakeholders in Information Technology, Business Finance, and International Office Managers

Key External Relationships:

• Third-party suppliers

Primary Responsibilities:

• Carry out low complexity and risk sourcing projects.
• Lead Analytical Support: Be the primary source of analytical insights for the Procurement team and other internal stakeholders. Conduct spend, opportunity, supplier/market analyses, prepare business cases, and perform tender analysis/scoring.
• Manage Reporting: Prepare regular reports for the Procurement team and other internal stakeholders, providing crucial data and insights.
• Support the management and maintenance of the HSF Procurement systems (Purchase order, Contracts Database, Spend Cube, Sourcing, etc.), including training and user support. Support and provide input on transversal procurement initiatives such as Strategic Supplier Evaluations, Diversity in the Supply Chain, and Procurement Social Value.
• Respond to internal stakeholder and external client inquiries, developing professional relationships.
• Conduct Research and Analysis: Research and analyze procurement category-related data to identify trends, performance, risks, and opportunities. Provide training and guidance to team members as needed.
• Provide administrative support to the Procurement Operations Manager and the Head of Procurement when required.
• Escalate issues to the Procurement Operations Manager and Head of Procurement as necessary.
• Undertake other procurement and administrative tasks as required.

Key Performance Indicators:

• Provide timely and accurate information clearly and concisely
• Respond promptly to queries
• Receive positive stakeholder feedback

Qualifications, Skills & Experience:

• Minimum 2 years as a Procurement Analyst
• Highly analytical and numerate
• Data manipulation skills including extracting, transforming, and analyzing data sets
• Excellent attention to detail
• Proficient with MS Excel
• Experienced with MS Power BI
• Highly organized, able to prioritize tasks and projects
• Ability to handle multiple projects simultaneously
• Strong interest in data and technology
• Methodical approach to problem-solving
• Effective communication, teamwork, and time management skills
• Adaptability to handle complex and non-routine work
• Ability to work under direction, use discretion, and escalate issues appropriately

Desirable:

• Experience delivering low complexity and risk sourcing projects, strong data visualization and presentation skills
• Interpersonal and influencing skills to build relationships with global stakeholders
• Excellent verbal and written communication skills
• Experience with Purchase-to-Pay systems
• Degree in business, finance, IT, or related field evidencing numeracy and analytical skills
• CIPS certification or similar experience