Spend Analytics - Sourcing/Procurement

- Analytics- is a niche team focusing on delivering Insights and rolls under Business Transformation Group of Business Services.

- Spend COE is an integral part of the analytics team aimed at providing analysis and insights to help our clients take decisions and gain visibility on spend.

Roles and Responsibilities

- Lead Delivery for the Spend COE. This involves leading a team of 10+ team members and delivering to customers as per the required SLA- s,

- Analytical reports generations with actionable insights for all implementation from engagement ROI stand point

- Identify activities for automation and process development

- Ensure all documentation, tools & templates available for implementation

- Build & maintain process document for smooth delivery/implementation

- Play pivotal role in quality process & audit delivery documents

- Uniformly format and classify it by applying industry and company-specific standards.

- Consolidation of spend data into one reporting system for easy access, analysis, and decision making.

- Identifying and eliminating maverick spending, fraud, and other noncompliance factors.

- Supplier normalization and rationalization.

- Find and suggest savings opportunities based on Spend reports.

- Achieve the given SLA on time

- Work with client, obtain spend related data, generate reports, provide insights

- Extract spend data from ERP, purchasing, P-card, and legacy systems.

- Direct client interaction.

- Analytics:

- Able to perform analysis of large spend/expense data sets and identify actionable insights for the client

- Maintain the credibility of all data analysis and processes maintained

- Solutioning - as required: Work with internal teams to work out new analysis/ analytics services that could be provided to clients.

- Understand data availability and come up with suggestions in terms of addition analysis that could be provided.

- Conceptualize or help visualize solution for the focus area

- Project Management on Pilot: There might be requirement to run pilots or projects on various areas. Will be expected to own the same end to end.

- Defining approach, interacting with the client, laying out data requirement, obtaining data, managing resources to do the relevant analysis, build a model, and deliver actionable reports.

- Presenting Analysis: Ensuring data gets presented in a structured and easy to understand manner with actionable insights. Presenting the same in a crisp manner to the target audience.

- Capability: Contribute towards enriching existing offerings

Opportunity/ Challenge

- Think out of the box and come up with new insights and solutions that makes a difference for the client

- Help enrich existing product offerings

- Wear the entrepreneurial cap and help grow the account

- Work across Industry and finance domains.

Required Skills

Qualification

- Graduate/Post Graduate from Premier Institutes, CA, CFA,

- Sourcing & Procurement industry certification

Experience

- Graduate/PG with 5-7 years of experience with Sourcing and procurement experience specific experience in spend analysis & management (Mandatory) where there has been client interaction and suggested solutions to client (Cost Saving opportunities etc)

Primary Skills

- Fluent English communication skills (Oral, Written and Presentation)

- Analytical Skills

- Ability to work with clients, understand requirements, plan projects end to end,

- Ability to adapt & work in an unstructured & ambiguous environment

Secondary Skills

- Good research skills, ability to grasp, analyze/ compare/ contrast large amounts of information

- Excellent organizational skills and attention to detail

- Positive attitude & willingness to put that extra effort to exceed expectations

- Ability to manage multiple assignments simultaneously balancing project work with high-priority requests