At a Glance
- Tasks: Manage software procurement and optimise costs while collaborating with various teams.
- Company: International business in London with a focus on innovation and collaboration.
- Benefits: Competitive salary, full corporate benefits, and hybrid working model.
- Other info: Great office environment with opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact on software procurement strategies.
- Qualifications: Experience in procurement and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
My client, an international business based in the city of London, are currently looking for a commercially-minded Procurement Analyst to join the team for a 12-month FTC. This role will focus on software procurement, licence management, commercial analysis, and cost optimisation across the business.
Role & Responsibilities:
- Manage and analyse software expenditure across the organisation
- Create greater transparency and control over software costs, renewals, and audit exposure
- Identify opportunities for cost savings and licence optimisation
- Lead vendor negotiations to secure favourable commercial terms
- Manage software renewals and ensure compliance with licensing agreements
- Support finance teams with accurate reporting, forecasting, and audit preparation
- Monitor and investigate procurement, licensing, or system-related issues
- Work closely with internal stakeholders across finance, technology, and operations
- Assist with procurement process improvements and commercial governance activities
Skills & Experience:
- Previous experience in procurement, commercial analysis, or software asset management
- Strong background managing software spend and vendor relationships
- Experience negotiating software contracts and commercial agreements
- Strong analytical and reporting skills with excellent attention to detail
- Ability to identify commercial risks and cost-saving opportunities
- Advanced Excel and reporting capability
- Strong communication and stakeholder management skills
- Experience within financial services, trading, or highly regulated environments preferred
Package:
- 12-month Fixed Term Contract
- GBP60,000 - GBP80,000 basic
- Full corporate benefits package
- Monday to Friday, hybrid working with 3 days in office and 2 days WFH
- Great London offices and fantastic working environment
Procurement Analyst in London employer: Insight Select Ltd
Join a dynamic international business in the heart of London as a Procurement Analyst, where you will thrive in a hybrid working environment that promotes flexibility and work-life balance. With a strong focus on employee growth, you will have access to a comprehensive benefits package and opportunities for professional development, all while contributing to meaningful cost optimisation initiatives within a collaborative team culture. Experience the advantage of working in modern offices that foster innovation and creativity, making this an excellent place for those seeking a rewarding career in procurement.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement and finance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its procurement processes. Be ready to discuss how your experience aligns with their needs, especially around software procurement and cost optimisation. Show them you’re the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you on their radar and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Procurement Analyst role! We’ve got all the latest opportunities listed, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Procurement Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procurement Analyst role. Highlight your experience in software procurement and vendor negotiations, as these are key aspects of the job. We want to see how your skills align 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 background makes you a great fit for our team. Don't forget to mention any specific achievements that demonstrate your analytical skills.
Show Off Your Analytical Skills:Since this role involves a lot of analysis, make sure to showcase your strong analytical skills in your application. Whether it's through examples of past projects or specific tools you've used, we want to see how you can bring value to our procurement processes.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows us you're keen to join our team!
How to prepare for a job interview at Insight Select Ltd
✨Know Your Numbers
As a Procurement Analyst, you'll be dealing with software expenditure and cost optimisation. Brush up on your analytical skills and be ready to discuss specific examples of how you've managed budgets or identified cost-saving opportunities in the past. Use data to back up your claims!
✨Master Vendor Negotiations
Since vendor negotiations are key in this role, prepare by researching common negotiation tactics. Think about times you've successfully negotiated contracts or terms before, and be ready to share those experiences. Highlight your ability to secure favourable commercial terms.
✨Showcase Your Stakeholder Management Skills
This position requires strong communication and stakeholder management skills. Prepare to discuss how you've collaborated with different teams, like finance or technology, in previous roles. Be specific about how you ensured everyone was on the same page during procurement processes.
✨Excel at Excel
Advanced Excel skills are a must for this role. Make sure you're comfortable discussing your experience with Excel, including any complex functions or reporting techniques you've used. If possible, bring examples of reports you've created that demonstrate your analytical prowess.