Senior Analyst

Job Description

ql-editor kch-description-color"> About Dataction: Dataction is a new age technology services firm that offers best in class information technology, analytics, and consulting services to renowned international companies. Dataction was established in 2010 and has grown rapidly over the last decade. Dataction has built a reputation for providing differentiated and reliable services to a wide range of customers across multiple sectors. At Dataction we connect every dot and reimagine every business process. Our lean, agile, and analytical approach towards problem solving and execution, helps our client achieve sustainable growth and secure a profitable business, while safeguarding a viable future. Our people are committed, courageous, and unafraid of pushing boundaries. They help our clients make decisions that deliver immediate and measurable benefits, justifying investments. Our engagement models provide the perfect blend of quality, control, and cost for our customers. To know more about Dataction, please visit https://dataction.co Job Purpose: We are looking to hire a Procurement Analyst to join our data team. You will take responsibility for supporting our client with ongoing strategic sourcing projects. To do well in this role you need a very fine eye for detail, experience in procurement, excellent communication skills and an analytical mindset. The main purpose of this job is to support client-side Procurement Leads/ Managers with analytical support activities, which help the buyers to achieve client s Procurement goals - both tactical and strategic. This is really an amazing opportunity for those who are looking forward to exposure to Procurement processes and who have a passion for working on challenging tactical projects. Responsibilities: While supporting Procurement Leads/ Managers from various product categories, you will support them on crucial functions including but not limited to: Engaging with the senior procurement managers and key stakeholders (internal customers of the Global Procurement Department). Project management - managing multiple projects running in parallel. Understand business requirements, priorities and strategic requirements. Setup and manage e-sourcing events including RFP, RFQ, RFI and e-auctions. Support RFP evaluation process through creation of dashboards comprising of price and response comparison. Primary and secondary due diligence activities for formulation of business case / fact base to support onsite buyers to design sourcing strategy. Setup and manage contracts in Online Contract Management System. Support transition of contract data from offline sources onto the online contract management platform Update master data and contract renewal calendar(s) periodically Overall responsibility for managing the day-to-day operations of the Procurement Analytical Services for the client MIS and compliance reports Supplier discovery and market research Basic risk assessment of suppliers One off and ongoing spend data analysis using incumbent spend aggregation platforms or by following a platform agnostic approach Savings/ benefit calculation and reporting for management Assist procurement heads in preparation of Annual Procurement Performance reports to be published to the top management One off and ongoing spend data analysis using incumbent spend aggregation platforms or by following a platform agnostic approach Acquire contract data from documents and maintain contract database Identify, analyze, and interpret trends or patterns in spend and contract data sets Work with management to prioritize business and information needs Locate and define new process improvement opportunities Use statistical methods to analyze data and generate useful business report Supporting initiatives for data integrity and normalization of spend and contract data sets Qualifications, Skills and Experience: Bachelors degree in finance, accounting business administration, or engineering More than five (5) years procurement experience, preferably in a client-facing role Basic understanding of financial concepts such as depreciation, P&L, Balance sheets, NPV etc Proficiency in electronic procurement and analytical software Advanced analytical skills Excellent interpersonal and communication skills Experience of working with / communicating with counterparts from UK, Europe or Australia is desired. A collaborative and process driven mindset Proven working experience in Procurement functions Strong knowledge and experience with reports and MIS Knowledge and experience in using statistical methods for analyzing dataset Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy Adept at queries, report writing and presenting findings Excellent written and verbal communication skills Why should you join Dataction Fairness, meritocracy, empowerment, and opportunity are pillars of our work culture. In addition to a competitive salary, you can look forward to: Great work-life balance through hybrid work arrangement Company funded skill enhancement and training Exciting reward and recognition programme Opportunity to bond with colleagues through exciting employee engagement initiatives Great on the job learning opportunity through involvement in new product/ ideation teams 60 minutes with the CEO each quarter to pick his brains on any topic of your choice Interview Prep Guideline: We at Dataction believe that interview process is not a quiz contest, rather it is a mutual opportunity for both parties to assess the suitability of forming a long-term bond. As such, we feel that revealing the assessment process and evaluation/ scoring themes in advance would give you the best chance to prepare and be successful in the interview process. For this role, please see some pointers below. We will assess you 3 themes - Skills, Smartness and Cultural fitment Skills - our probe will cover the following aspects: Thorough understanding of recent/previous project(s) Product categories and category-specific challenges Supplier discovery/ market research Previous experience on drafting RFI/ RFP documents, scoring methodology Price metrics and evaluation of proposals Knowledge of savings/ benefit reporting practices Basic + advanced Excel skills Smartness - our probe will cover the following aspects: Confidence exhibited throughout the interview process Clarity of thoughts and deftness in articulation of thoughts Ability to handle pressure Cultural fitment - our probe will cover the following aspects: Attitude, especially to understand your motivations and behaviours in the fast-paced start-up ecosystem Your approach to working with colleagues and customers Your approach to dealing with adversity Your career aspirations and your plans to achieve these aspirations