Procurement Analyst

1 week ago

Tallinn, Harjumaa, Estonia Paymentology Full time €40,000 - €60,000 per year


Procurement Analyst i

Contract Negotiation and Procurement Management:
  • Assist in the negotiation of new contracts and contract renewals, ensuring optimal commercial terms for Paymentology.
  • Identify cost-saving opportunities by analysing procurement data and monitoring expenditure.
  • Maintain accurate and up-to-date records of supplier agreements, procurement activities, and savings opportunities.

Financial and Data Analysis:
  • Monitor and analyse procurement data to track expenditure trends and highlight efficiency opportunities.
  • Develop dashboards to visualise spend, assess supplier performance, and identify key cost-reduction strategies.

Compliance and Vendor Onboarding:
  • Work closely with legal, compliance, and cybersecurity teams to onboard vendors in accordance with Paymentology's internal policies, PCI regulations, and client requirements.
  • Ensure that all procurement processes align with regulatory standards and risk management protocols.

Cross-Functional Collaboration:
  • Collaborate with internal stakeholders to proactively manage purchases and secure the best commercial deals.
  • Support the rollout and continuous improvement of procurement processes, including the implementation of a third-party risk management system and purchase order process within the current ERP system.
  • Outcome: A structured, data-driven procurement process that enhances financial performance, mitigates risk, and ensures Paymentology secures the best value in supplier agreements.

What it takes to succeed:
  • Strong analytical skills with the ability to interpret and compare complex, multi-layered commercial proposals.
  • Excellent interpersonal skills, with the ability to engage and influence internal and external stakeholders.
  • Proficiency in Microsoft Office, particularly Excel, for procurement data analysis and reporting.
  • High attention to detail, with the ability to manage multiple concurrent tasks in a fast-paced environment.
  • Experience in technology procurement, particularly in SaaS-based agreements.
  • Understanding of legal contract review and negotiation.
  • Familiarity with ERP systems is preferred.

Years Of Experience
  • 2–3 years of experience in a procurement or commercial-based role.
  • Proven track record of contract negotiation, supplier management, and cost-saving initiatives.
  • Experience in technology and SaaS procurement is highly desirable.

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