A large and leading financial services company based in the heart of the City has created a new role for a Procurement Analyst to join its Financial Control Department.
Sitting as part of the overall finance team, this role will involve the establishing and maintaining of a comprehensive set of procedures and processes across the Finance function with a particular emphasis on the Group's Procurement activities. The successful candidate will have a background in procurement and be familiar with supply chain and procurement life-cycle.
Key Areas of Responsibility:
*Reading a contract and understanding its commercial implications
- Setting up of policies and procedures for internal procurement
*Challenging supplier quality assurance reviews including the financial strength of suppliers
*Reviewing and challenging all aspects of the Procurement process and workflow cycle
*Analysis of expenditure patterns and expense analysis, including capital expenditure
*Assisting the business in monitoring supplier performance against service level agreements
*Ensure purchases are properly approved within the Group's authorisation limits and that purchases are raised using the Group's Procurement systems
This Financial Procurement Control Analyst position is paying a starting salary of up to £40,000 based on experience. It also includes an excellent benefits package consisting of 25 days annual leave, healthcare, bonus, non-contributory pension and subsidised gym.
To be considered suitable you will need to have the following skills and experience:
*Qualified or working towards either CIPS, ACA, ACCA, CIMA
*Financial analysis and reporting
*Familiar with supplier chain and procurement process including supplier contracts, RFPs and Service Level Agreements
*Relevant market knowledge and best practice disciplines
*Familiarity with Microsoft Excel
*Experience of working on multiple tasks and responding quickly to management request
*Ability to stay knowledgeable on technical accounting and business issues
*Ability to balance available time between control, efficiency and value-add activities
*Ability to analyse and interrogate data.
To apply for this Financial Procurement Analyst role please send a copy of your CV quoting reference number ASH17766CH
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