Procurement Category Analyst

🕒 September 29

⚔️ Virginia – Remote

⚔️ Virginia – Remote

💵 $72.3k - $96.4k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🛒 Procurement

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

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CFA Institute

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 1947

📚 Education

💸 Finance

🤝 Non-profit

Education • Finance • Non-profit

CFA Institute is a global not-for-profit organization that provides finance education for investment professionals. It offers a diverse range of programs and certificates designed to meet the needs of finance professionals across various career stages and specializations, including the CFA Program, which is known for equipping individuals with the skills necessary for the investment industry. The institute promotes high standards of ethics and professional conduct, and it is involved in research and policy advocacy to shape the future of the finance industry. CFA Institute also facilitates professional networking and offers membership benefits for finance professionals worldwide.

📋 Description

• Analyze vendor spend to identify trends, cost drivers, consolidation opportunities, tail spend and potential risks • Develop and maintain dashboards and reporting on category performance, contract utilization, renewal timelines, compliance and vendor performance • Collate, cleanse and interpret procurement and contract data into actionable insights and executive-ready summaries • Support category planning, sourcing events, RFP evaluations and vendor selection with analysis and recommendations • Provide analytical support for vendor and contract negotiations through financial summaries, usage analysis, benchmarking and cost modelling • Track contract milestones, renewal dates, supplier performance and contractual obligations with the Contracts Manager • Conduct market and category research on pricing trends, market developments and supplier risks • Support forecasting, benchmarking, budget tracking and total cost of ownership analysis • Maintain procurement and contract data and strengthen data governance • Improve workflows and reporting across the Source-to-Pay lifecycle, including automating recurring reporting • Help develop KPI frameworks, procurement procedures and compliance reporting

🎯 Requirements

• Demonstrable experience in procurement, sourcing, category management, finance, data analytics or contract operations, with ability to show individual contribution to relevant projects or outcomes • Advanced Excel capability, including pivot tables, XLOOKUP or INDEX/MATCH, data cleansing and transformation, and basic financial modelling • Strong experience analysing and interpreting data, including trend and variance analysis, data validation and integrity controls • Experience building reports or dashboards using Power BI, Tableau, an equivalent BI tool, or advanced Excel reporting models • Working knowledge of 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 modelling • Familiarity with service agreements and fixed-fee, time-and-materials, subscription or milestone-based pricing • Ability to turn raw data into clear visual reporting and recommendations • Strong stakeholder management and communication skills • Open, collaborative approach and willingness to explore new tools and effective ways of working

🏖️ 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