Senior Procurement Analyst

Placements24; Sandton; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Hybrid work model

Medical aid & retirement fund

Professional growth opportunities

Analytical challenges

Access to advanced tools

Collaborative culture

Job summary

Placements24 is seeking an experienced Senior Procurement Analyst to join its strategic procurement team in a hybrid role based in Sandton. You will drive data-driven decision-making across procurement activities, analyze spending, identify savings, manage supplier metrics, and contribute to category strategies for Gauteng and national operations.

The role requires 5+ years in procurement analytics, strong Excel and data visualization skills, and prior ERP experience (SAP/Oracle).

Qualifications

• Bachelor's degree in a quantitative field (Supply Chain, Finance, Economics, or Business Analytics).
• Minimum 5 years in procurement analytics, strategic sourcing, or related analytical roles.
• Proven ability to conduct complex spend analysis and deliver cost savings.
• Strong analytical, statistical, and problem-solving skills.

Responsibilities

• Conduct detailed spend analysis to identify cost savings and efficiency improvements.
• Develop and maintain KPIs for procurement activities and supplier performance.
• Analyze market trends, supplier capabilities, and risk factors to inform sourcing strategies.
• Support development and execution of category management plans.
• Prepare reports and presentations on procurement performance and savings initiatives.
• Collaborate with procurement teams to support negotiations and sourcing events.
• Develop tools and dashboards for tracking procurement metrics.
• Identify and implement process improvements within procurement.

Skills

Spend analysis

KPIs & reporting

Procurement analytics

Data visualization

ERP knowledge

Education

Bachelor's degree in Supply Chain/Finance/Analytics

Tools

Tableau

Power BI

SAP

Oracle

Job description

About the Role

Our client is looking for an experienced Senior Procurement Analyst to join their strategic procurement team in Sandton . This role is pivotal in driving data-driven decision-making across all procurement activities. You will be responsible for analyzing spending, identifying cost-saving opportunities, managing supplier performance metrics, and contributing to category strategies. The position offers a hybrid work arrangement, allowing for productive remote work and essential in-office collaboration. The ideal candidate will possess strong analytical skills, a deep understanding of procurement processes, and the ability to translate complex data into actionable insights. You will play a key role in optimizing procurement efficiency and effectiveness for operations across Gauteng and nationally.

Key Responsibilities

• Conduct detailed spend analysis and identify opportunities for cost savings and efficiency improvements.
• Develop and maintain key performance indicators (KPIs) for procurement activities and supplier performance.
• Analyze market trends, supplier capabilities, and risk factors to inform sourcing strategies.
• Support the development and execution of category management plans.
• Prepare comprehensive reports and presentations on procurement performance, savings initiatives, and market intelligence for stakeholders.
• Collaborate with procurement managers and buyers to provide analytical support for negotiations and sourcing events.
• Develop and maintain tools and dashboards for tracking procurement metrics.
• Identify and implement process improvements within the procurement function.
• Ensure data integrity and accuracy across all procurement systems and reports.
• Stay abreast of best practices in procurement analytics and technology.

Requirements

• A Bachelor's degree in Supply Chain Management, Finance, Economics, Business Analytics, or a related quantitative field.
• Minimum of 5 years of experience in procurement analytics, strategic sourcing, or a related analytical role.
• Proven ability to conduct complex spend analysis and deliver significant cost savings.
• Strong analytical, statistical, and problem-solving skills.
• Advanced proficiency in MS Excel (pivot tables, complex formulas, data modeling) and data visualization tools (e.g., Tableau, Power BI).
• Experience with ERP systems (e.g., SAP, Oracle) and procurement software.
• Excellent communication and presentation skills, with the ability to articulate complex findings clearly.
• Ability to work independently and collaboratively in a hybrid work environment.
• Strong understanding of procurement processes and supply chain principles.
• Experience in the financial services or related industry sectors in Gauteng is a plus.

Benefits

• Competitive salary with performance-based incentives.
• Hybrid work model offering flexibility and work-life balance.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional growth and advanced training.
• Engaging role with significant analytical challenges.
• Access to advanced analytical tools and resources.
• Collaborative and innovative work culture.