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- Tasks: Conduct market research and financial analysis to support strategic sourcing initiatives.
- Company: Join Avis Budget Group, a leader in travel arrangements with a collaborative culture.
- Benefits: Enjoy 25 days holiday, employee discounts, and a supportive Employee Assistance Programme.
- Why this job: Make an impact by guiding procurement decisions with your analytical skills.
- Qualifications: Bachelor’s degree and 3+ years in financial or procurement analysis required.
- Other info: Hybrid work model with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
The Procurement Analyst will play a critical role within the Avis Budget Group Global Procurement organization by delivering in-depth market research, financial analysis, and strategic insights. This role requires strong analytical skills, intellectual curiosity across diverse industries, and the ability to interpret complex data to guide decision-making in strategic sourcing initiatives.
Key Responsibilities:
- Market Research & Analysis: Conduct market research to support supplier identification, evaluation, and selection. Analyse industry trends, market conditions, and economic indicators to support procurement decisions. Assess supply-chain risks by monitoring commodity markets, geopolitical events, and regulatory developments; prepare detailed reports to support risk-mitigation strategies. Evaluate competitor performance and market positioning to identify opportunities and risks.
- Financial Modelling & Valuation: Develop sensitivity analyses and scenario-planning models to support responses to RFIs, RFPs, and RFQs. Conduct cost-breakdown analyses to identify savings opportunities and strengthen negotiation strategies. Perform price-benchmarking studies to validate competitive pricing and ensure best-value outcomes.
- Data Interpretation & Reporting: Prepare reports, presentations, and dashboards summarising market insights for internal stakeholders, using a wide range of external intelligence sources. Monitor and interpret macroeconomic developments and assess their impact on procurement strategies. Analyse internal and external data to identify opportunities to improve procurement efficiency and support category-management initiatives. Use tools such as Excel, Power BI, QlikView and QuickBase to structure data, build dashboards, track KPIs, and enhance decision-making processes. Analyse supplier performance metrics and trends to support ongoing supplier performance management.
- Collaboration & Support: Assist in developing pitch books and marketing materials for internal stakeholder presentations. Support the creation of procurement strategies and the development of RFIs, RFPs, and RFQs. Assist with the implementation, maintenance, and optimisation of procurement systems and tools.
Required Experience:
- Bachelor’s degree in Business, Finance, Supply Chain, Procurement, or a related field.
- 3+ years of experience in financial analysis, procurement analysis, or a related analytical role.
- Strong analytical mindset with the ability to translate operational data into actionable insights.
- Excellent communication, organisational, and problem-solving skills.
- Proven ability to manage multiple stakeholders and priorities across regional and functional teams.
What We Offer:
- Generous Leave: 25 days holiday, plus bank holidays. Rising with length of service.
- Employee Assistance Programme (EAP): Provided by Health Assured – 24/7 support for your mental health and wellbeing.
- Employee Discounts: Discounts on car rental across Avis Budget Group (including Zipcar).
- Pension Contribution: Company pension plan to help secure your future.
- Friends and Family Discount: Special rates for your loved ones.
- Onsite Amenities: Bracknell HQ offers free parking and access to a small onsite gym.
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Purchasing and Supply Chain
Industries: Travel Arrangements
Procurement Analyst in Bracknell employer: Avis Budget Group
Contact Detail:
Avis Budget Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst in Bracknell
✨Tip Number 1
Network like a pro! Reach out to people in the procurement field on LinkedIn or at industry events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your best work, including market research reports and financial analyses. This will give you an edge during interviews and showcase your analytical prowess.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. Focus on how your experience aligns with the role of a Procurement Analyst.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Procurement Analyst in Bracknell
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Analyst role. Highlight your analytical skills and any relevant experience in financial analysis or procurement. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about procurement and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role is all about data interpretation and analysis, make sure to showcase your analytical skills in your application. Mention specific tools like Excel or Power BI that you’ve used to derive insights from complex data.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Avis Budget Group
✨Know Your Numbers
As a Procurement Analyst, you'll be dealing with a lot of data. Brush up on your financial analysis skills and be ready to discuss how you've used data to drive decisions in the past. Prepare examples of market research or cost analyses you've conducted.
✨Stay Current on Market Trends
Make sure you're up-to-date with the latest industry trends and economic indicators. This will not only help you answer questions but also show your intellectual curiosity. Bring insights about recent market changes that could impact procurement strategies.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your analytical mindset. Think of specific instances where you've translated complex data into actionable insights. Use examples that highlight your ability to assess supply-chain risks and improve procurement efficiency.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining your thought process clearly and concisely. You might be asked to present a case study or analysis, so being able to articulate your findings effectively is crucial.
