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Posted 2 weeks ago

JOB TITLE: Internal Procurement Analyst

JOB LOCATION: Lagos, Nigeria

JOB DETAILS:

  • The procurement analyst will serve internally by negotiating costs with the vendors, preparing the contracts, and issuing vendor purchase orders.
  • The procurement department is essential for maintaining the financial health of the company.
  • The main function of the procurement department is to centralize the efficiency and compliance of the purchases done for the company.
  • In simple terms, the procurement Analyst is responsible for buying products and services at the right price from the right source, at the specification that meets the user’s needs within the right time. 

Purchasing:

  • Ensuring that the purchasing process and systems are in place to receive user requisitions and proper authorization of the Spend.
  • Ensure that the organization has a simple purchasing process.
  • Creating the purchase order and sending it to the vendor.
  • Escalating the orders to ensure timely delivery of the product and services required to operate the business.
  • Educating employees about the purchasing process.

Strategic Sourcing:

  • Set up a strategic sourcing process to ensure that all vendor evaluations follow a standard procedure.
  • Educate stakeholders on how the sourcing team evaluates vendors and the roles and responsibilities of the business vs. the sourcing team in a vendor evaluation process.
  • Run the RFX’s ( Request for Information(RFI) or Request for proposal (RFP)) process with the vendors. RFIs are generally run to gather information for creating an RFP and asking vendors to submit their proposals.
  • Support the business with analysis of the RFP responses and help drive a decision that meets organizational goals.
  • Work with contract management to review vendor contracts and mitigate risk.
  • Own a savings target and responsible for tracking procurement cost savings.

Contract Management:

  • Providing standard contract templates for different products and services that your organization purchases. It includes defining standards for commercial and legal terms. Standards for commercial terms are set up in consultation with the finance and treasury department.
  • Define standard fallback clauses and work with sourcing teams to enable sourcing self-service.
  • Review vendor contracts to ensure that they meet the defined corporate terms.
  • Work with Legal to negotiate a contract.
  • Set up a central repository for storing all contracts so that it is easy to find contracts and track critical dates like expiration and renewal dates.

Data Analytics and Reporting:

  • Run standard spend visibility reports and publish them to the different departments.
  • Understand what value the budget owners are getting from reporting and how the data analytics team can improve reporting.
  • Conduct spend analysis to keep on continuously identifying saving opportunities.

Job Requirements

  • 4+ Years experience in procurement.
  • Strong communication and negotiation skills.
  • Attention to detail.
  • Good analytical and strategic thinking skills.
  • Proficiency in the use of required office tools e.g Google Sheets, MS Excel, etc.

Why Should You Join Us?
We are a group of intelligent Ants constantly challenging ourselves to be the best in our industry. Being part of us is an opportunity to be part of a success story, grow an outstanding career, and work in a friendly environment where you can be yourself and thrive in your chosen career. Below are a few benefits we also offer at Vendease:

  • Awesome work culture
  • Competitive pay
  • Remote work (Hybrid)
  • Health Insurance
  • A chance to be part of a winning team

Apply Now >>

Note: Thank you for your interest in Vendease, we will review your application for the purpose of this role or any other role that suits your profile in the future.

 Deadline: July 10, 2022

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