Procurement Analyst

About the Role

Our client, a leading technology firm with a global reach, is seeking a highly analytical and strategic Procurement Analyst to join their virtual team. This role is critical for driving cost savings and optimising procurement processes through data-driven insights. You will be responsible for analysing spend, identifying sourcing opportunities, evaluating supplier performance, and supporting contract negotiations. As a fully remote position, we are looking for a self-starter with excellent communication skills and the ability to thrive in a collaborative, digital environment, supporting operations potentially including those based in or near Queenstown, Eastern Cape. This is an excellent opportunity to leverage your analytical skills and make a significant impact on the company's bottom line from anywhere.

Key Responsibilities

• Conduct detailed spend analysis to identify cost-saving opportunities and areas for supplier consolidation.
• Develop and maintain key performance indicators (KPIs) for procurement activities and supplier performance.
• Support the sourcing team by providing data and insights for strategic sourcing initiatives and category strategies.
• Analyse market trends, commodity prices, and economic factors impacting procurement costs.
• Assist in the evaluation of supplier proposals, bids, and tenders.
• Monitor and report on supplier performance against contractual obligations and service level agreements.
• Identify and assess supply chain risks and propose mitigation strategies.
• Support the negotiation process by providing analytical data and cost modelling.
• Develop and maintain procurement dashboards and reports for senior management.
• Contribute to the continuous improvement of procurement processes and tools.

Requirements

• Bachelor's degree in Finance, Economics, Supply Chain Management, Business Analytics, or a related quantitative field.
• Minimum of 4 years of experience in procurement, supply chain, finance, or data analysis.
• Strong analytical skills with advanced proficiency in Excel (pivot tables, VLOOKUP, data modeling).
• Experience with data visualization tools (e.g., Tableau, Power BI) is highly desirable.
• Familiarity with ERP systems and e-procurement platforms.
• Excellent understanding of procurement processes and supply chain principles.
• Strong problem-solving abilities and a proactive approach.
• Exceptional written and verbal communication skills, adapted for remote collaboration.
• Ability to work independently, manage multiple projects, and meet deadlines.
• Must be based in South Africa and eligible to work remotely.

Benefits

• Fully remote position with annual salary of R.
• Comprehensive medical aid and retirement fund contributions.
• Performance-based bonuses and incentives.
• Opportunities for professional development and certifications.
• Flexible working hours to accommodate different time zones.
• Annual leave and company holidays.
• Access to online training platforms and virtual team events.
• Cutting-edge analytical tools and software.
• Opportunity to work with a globally recognized technology company.
• Employee assistance program for well-being.