We're looking for a highly motivated and analytical Junior Procurement Analyst to join our dynamic Procurement team. This is an exciting opportunity for someone with a passion for data, process improvement, and strategic thinking to make a significant impact within a rapidly growing organization. You'll play a crucial role in building our long-term procurement strategy, optimizing spend, and fostering strong business relationships. As a new role, you'll have the unique chance to help shape the future of procurement at Moneybox.
What you'll do
* Data & Analytics:
* Become the go-to expert for procurement data, owning the integrity and accuracy of information within our procurement tools.
* Develop, maintain, and own all procurement reporting, providing insightful analysis to support decision-making.
* Collaborate closely with the Procurement Manager to analyse spend data and identify opportunities for cost savings and value creation.
* Utilise advanced Excel skills to manipulate, analyse, and present complex datasets.
* Strategic Sourcing & Project Management:
* Partner with internal teams to understand their needs and contribute to the development of long-term procurement strategies for each department.
* Lead and communicate effectively on procurement projects, from initiation to completion.
* Build and run comprehensive Request for Proposals (RFPs), managing the end-to-end process.
* Manage multiple small and larger projects simultaneously, demonstrating excellent organisational and prioritisation skills.
* Business Partnering & Communication:
* Act as a key business partner, fostering strong relationships with internal stakeholders across all departments.
* Work closely with Finance on budgeting and forecasting related to procurement activities.
* Collaborate with Legal, DPO, InfoSec, and Risk teams to ensure compliance and mitigate risks in all procurement activities.
* Train and educate internal teams on procurement policies, processes, and best practices.
* Supplier Lifecycle Management & Risk:
* Lead the onboarding and renewal of suppliers, ensuring a smooth and efficient process.
* Conduct market analysis to identify potential suppliers and market trends, particularly within our significant software spend.
* Manage supplier relationships, including conducting performance reviews and driving continuous improvement.
* Lead the due diligence process across all our suppliers, ensuring adherence to company standards and regulatory requirements.
* Conduct initial reviews of contracts, flagging key terms and potential risks to the Procurement Manager and Legal team.
* Tool Management:
* Manage and optimise the existing procurement tools, ensuring their effective utilisation and data accuracy.
Skills and experience
* A minimum of 1 years of experience in a procurement or analytical role.
* Exceptional proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, advanced formulas, data manipulation).
* Demonstrated ability to work independently on projects while also thriving in a collaborative, cross-functional team environment.
* Strong analytical skills with the ability to interpret data, identify trends, and provide actionable insights.
* Excellent communication, presentation, and interpersonal skills, with the ability to build rapport and influence stakeholders at all levels.
* Proven experience in managing multiple projects simultaneously in a fast-paced environment.
* Comfortable with leading discussions and presenting findings to various audiences.
* Knowledge of RFP processes and supplier management best practices.
* A proactive and results-oriented mindset with a keen eye for detail.
* Experience with procurement software/tools is a plus.
What's in it for you
* Opportunity to join a fast-growing, award-winning and super ambitious startup
* Work with a friendly team of highly motivated individuals
* Be in an environment where you are listened to and can actually have an impact
* Thriving collaborative and inclusive company culture
* Mission Functional team socials every 8 weeks
* Company shares
* Company pension scheme
* Hybrid working environment
* Home office furniture allowance
* Personal Annual Learning and Development budget
* Private Medical Insurance
* Health Cash Plan (cashback on visits to the dentist & opticians etc)
* Cycle to work scheme
* Wellhub subscription to a variety of gyms and wellbeing apps
* Enhanced parental pay & leave
* 25 days holiday bank holidays with additional days added with length of service.
Our Commitment to DE&I
At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential
Working Policy
We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK.
Visa Sponsorship
At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications.
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