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- Tasks: Manage software procurement and analyse costs to optimise spending.
- Company: International business in London with a dynamic work culture.
- Benefits: Competitive salary, full corporate benefits, and hybrid working.
- Other info: 12-month FTC with excellent career growth opportunities.
- Why this job: Join a team making impactful decisions in software procurement.
- Qualifications: Experience in procurement and strong analytical skills required.
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
- £60,000 - £80,000 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 employer: Insight Select
Contact Detail:
Insight Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst
✨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.
✨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.
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've managed software spend or negotiated contracts in previous roles. This will demonstrate your value as a Procurement Analyst.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Procurement Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Analyst. Highlight your experience in software procurement and vendor negotiations, as well as any relevant commercial analysis skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've managed software spend or identified cost-saving opportunities in the past. Let us know what excites you about working with us!
Show Off Your Analytical Skills: Since this role requires strong analytical abilities, make sure to showcase your reporting skills and attention to detail. Include any relevant projects or achievements that demonstrate your capability in managing software expenditure and optimising costs.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Insight Select
✨Know Your Numbers
As a Procurement Analyst, you'll need to demonstrate your analytical skills. Brush up on key metrics related to software procurement and cost optimisation. Be ready to discuss how you've managed software expenditure in the past and any specific savings you've achieved.
✨Master Vendor Negotiation Scenarios
Prepare for questions around vendor negotiations. Think of examples where you secured favourable terms or resolved conflicts. Practising these scenarios will help you articulate your negotiation strategies clearly during the interview.
✨Showcase Your Stakeholder Management Skills
This role involves working closely with various teams. Be prepared to share experiences where you've successfully collaborated with finance, technology, or operations. Highlight how you communicated effectively and built relationships to achieve common goals.
✨Excel at Excel
Since advanced Excel skills are crucial, be ready to discuss your proficiency. Consider bringing examples of reports or analyses you've created. If possible, practice explaining complex data in simple terms, as this will showcase your communication skills.