Experience
2 - 5 yrs
Job Location
Mumbai, India
Vacancy
1
Designation
Procurement Analyst
Job Type
ONSITE
Job Description
Overview
The Procurement Analyst role plays an important part in creating value for MUFG by supporting the Sourcing/Procurement Managers in conducting purchasing activities spanning the end to end Procure to Pay lifecycle
From creation of Purchase Orders to validation of goods receipting pre Invoice payments
The role will also assist the Procurement Managers with vendor management contract lifecycle activities and strategic sourcing and go to market tender activities
To help the Procurement team with the delivery of a first class procurement service that supports MUFGs sustainable procurement strategy
The role also requires to be the specialist in procurement systems/tools and processes to implement or improve MUFGs use of such systems and processes
Finally, this role requires the individual to support a global procurement function that requires responding to APAC time zones across Australia, New Zealand, Hong Kong and India
Key Accountabilities and main responsibilities
Strategic Focus
Ensure Procurement Procure to Pay end to end process is operational and supporting the Procurement and Finance teams
Contribute to the delivery of financial savings through cost saving, cost avoidance and cost prevention to ensure that costs are kept to a minimum and that maximum value is obtained
Assist and support internal teams with accurate and timely information and data analysis
Work with cross-functional teams; and assisting in the ordering process of goods and services
Operational Management
Ensure the Purchase Orders are raised and Invoices are paid in a timely manner compile and report purchasing metrics (including key performance indicators) for the procurement team, Business Units and Finance community
Provide on-going statistical data on supplier expenditure across MUFG by Business Units, Functions and Category spend
Continue to enhance and rationalise the supplier database
Identify, develop and implement improvements to the supplier on-boarding process, which include Supplier Management Form, the JIRA workflows and data mapping for vendor maintenance in Info LN
Run a Credit Safe report and ensure due diligence are performed on suppliers, with an audit trail available as appropriate
Be the gatekeeper to the supplier database and engage with the Info LN team to make updates as required
Governance & Risk
Provide procurement governance and guidance to internal and external stakeholders relating to the MUFG procurement policy and process
Resolve Supplier Issues & Enquiries
Liaise with customers/departments to establish their needs; obtain relevant feedback and identify any issues arising in respect of suppliers and their products/services, including service level and other sustainable procurement related matters
Assist as required in the development and implementation of new initiatives, systems and procedures including sustainable procurement matters
Ensure adherence to the supplier management process including Procurement and Vendor Risk Management policies
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs
Experience & Personal Attributes
Experience
Tertiary qualification in a related field accounting, engineer, business or finance
2 to 5 yearsexperience in Analytics (preferably within IT Procurement/Purchasing)
CIPS certificate is desirable, but not essential
Benchmarking and research commercial data and pricing experience
Sound understanding of ERP systems e g Ariba, SAP or similar systems
Excel (Macros and Adv
Level Experience)
Advanced formulas, dashboard presentations etc Mid level in managing IT financial budgets e g Opex and Capex
An understanding of the vast differences in vendor type and the specific details around software, hardware, platform and usage needs
Personal Attributes
Attention to detail and ability to cleanse and seek insights from data sources
Able to work autonomously given overall structure and broad tasks to achieve
Analytical, thorough and diligent approach
Able to work on several activities with competing priorities
Ability to analyse multiple data sources to inform best approach
Willing to work on a breadth of procurement related activities
Excellent interpersonal skills and able to work with stakeholders at all levels
Sound understanding of supply & demand, supply chain management telecommunication
Ability to use organisational skills to streamline processes and organise and interpret large amounts of data
Strong quantitative, analytical and problem-solving skills
Ability to take initiative and be self-motivated
The Procurement Analyst role plays an important part in creating value for MUFG by supporting the Sourcing/Procurement Managers in conducting purchasing activities spanning the end to end Procure to Pay lifecycle
From creation of Purchase Orders to validation of goods receipting pre Invoice payments
The role will also assist the Procurement Managers with vendor management contract lifecycle activities and strategic sourcing and go to market tender activities
To help the Procurement team with the delivery of a first class procurement service that supports MUFGs sustainable procurement strategy
The role also requires to be the specialist in procurement systems/tools and processes to implement or improve MUFGs use of such systems and processes
Finally, this role requires the individual to support a global procurement function that requires responding to APAC time zones across Australia, New Zealand, Hong Kong and India
Key Accountabilities and main responsibilities
Strategic Focus
Ensure Procurement Procure to Pay end to end process is operational and supporting the Procurement and Finance teams
Contribute to the delivery of financial savings through cost saving, cost avoidance and cost prevention to ensure that costs are kept to a minimum and that maximum value is obtained
Assist and support internal teams with accurate and timely information and data analysis
Work with cross-functional teams; and assisting in the ordering process of goods and services
Operational Management
Ensure the Purchase Orders are raised and Invoices are paid in a timely manner compile and report purchasing metrics (including key performance indicators) for the procurement team, Business Units and Finance community
Provide on-going statistical data on supplier expenditure across MUFG by Business Units, Functions and Category spend
Continue to enhance and rationalise the supplier database
Identify, develop and implement improvements to the supplier on-boarding process, which include Supplier Management Form, the JIRA workflows and data mapping for vendor maintenance in Info LN
Run a Credit Safe report and ensure due diligence are performed on suppliers, with an audit trail available as appropriate
Be the gatekeeper to the supplier database and engage with the Info LN team to make updates as required
Governance & Risk
Provide procurement governance and guidance to internal and external stakeholders relating to the MUFG procurement policy and process
Resolve Supplier Issues & Enquiries
Liaise with customers/departments to establish their needs; obtain relevant feedback and identify any issues arising in respect of suppliers and their products/services, including service level and other sustainable procurement related matters
Assist as required in the development and implementation of new initiatives, systems and procedures including sustainable procurement matters
Ensure adherence to the supplier management process including Procurement and Vendor Risk Management policies
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs
Experience & Personal Attributes
Experience
Tertiary qualification in a related field accounting, engineer, business or finance
2 to 5 yearsexperience in Analytics (preferably within IT Procurement/Purchasing)
CIPS certificate is desirable, but not essential
Benchmarking and research commercial data and pricing experience
Sound understanding of ERP systems e g Ariba, SAP or similar systems
Excel (Macros and Adv
Level Experience)
Advanced formulas, dashboard presentations etc Mid level in managing IT financial budgets e g Opex and Capex
An understanding of the vast differences in vendor type and the specific details around software, hardware, platform and usage needs
Personal Attributes
Attention to detail and ability to cleanse and seek insights from data sources
Able to work autonomously given overall structure and broad tasks to achieve
Analytical, thorough and diligent approach
Able to work on several activities with competing priorities
Ability to analyse multiple data sources to inform best approach
Willing to work on a breadth of procurement related activities
Excellent interpersonal skills and able to work with stakeholders at all levels
Sound understanding of supply & demand, supply chain management telecommunication
Ability to use organisational skills to streamline processes and organise and interpret large amounts of data
Strong quantitative, analytical and problem-solving skills
Ability to take initiative and be self-motivated
No Referrers Available
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