Procurement Category Analyst

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Analyze vendor expenditures to uncover trends, cost drivers, opportunities for consolidation, tail spend, and potential risks.

• Create and manage dashboards and reports on category performance, contract usage, renewal schedules, compliance, and vendor performance.

• Gather, cleanse, and interpret procurement and contract data to generate actionable insights and executive-ready summaries.

• Assist in category planning, sourcing events, RFP evaluations, and vendor selection by providing analysis and recommendations.

• Offer analytical support for vendor and contract negotiations through financial summaries, usage analysis, benchmarking, and cost modeling.

• Monitor contract milestones, renewal dates, supplier performance, and contractual obligations in collaboration with the Contracts Manager.

• Perform market and category research on pricing trends, market developments, and supplier risks.

• Contribute to forecasting, benchmarking, budget tracking, and total cost of ownership analysis.

• Maintain procurement and contract data while enhancing data governance.

• Streamline workflows and reporting across the Source-to-Pay lifecycle, including the automation of recurring reports.

• Assist in the development of KPI frameworks, procurement procedures, and compliance reporting.

⛳️ Requirements

• Proven experience in procurement, sourcing, category management, finance, data analytics, or contract operations, demonstrating individual contributions to relevant projects or outcomes.

• Advanced proficiency in Excel, including pivot tables, XLOOKUP or INDEX/MATCH, data cleansing and transformation, and basic financial modeling.

• Strong background in analyzing and interpreting data, encompassing trend and variance analysis, data validation, and integrity controls.

• Experience in creating reports or dashboards using Power BI, Tableau, an equivalent BI tool, or advanced Excel reporting models.

• Familiarity with procurement, contract management, ERP, vendor management, P2P, or S2P systems.

• Understanding of total cost of ownership, spend categorization, budget and variance reporting, supplier performance, and basic cost modeling.

• Knowledge of service agreements and pricing models such as fixed-fee, time-and-materials, subscription, or milestone-based pricing.

• Capability to transform raw data into clear visual reports and actionable recommendations.

• Strong stakeholder management and communication skills.

• Open-minded, collaborative approach with a readiness to explore new tools and effective working methods.

🏝️ Benefits

• Eligibility for an annual discretionary incentive bonus.

• 12% employer contribution to a 401(k) or pension plan.

• Comprehensive medical benefits package.

• Health coverage.

• Generous time off.

• Competitive retirement plans.

• Flexible work options.

• Wellbeing and development programs.