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Procurement Analyst

IFS · Colombo, Western Province, Sri Lanka

Procurement / PurchasingEntry LevelQuick applyfull-time24 days ago

About The Role

We are seeking a detail-oriented and analytical Procurement Analyst to join our procurement team and report into a member of the Procurement Leadership team. This role will play a key part in driving procurement transformation through data, technology, and automation.

The ideal candidate will combine strong analytical skills with experience in Power BI/dashboard development, procurement technologies, and emerging AI solutions . This role is highly focused on enabling data-driven decision-making, improving system capabilities, and supporting digital procurement initiatives. Selected candidate must be available to work during the EU shift.

Key Responsibilities

  • Power BI & Dashboard Development
  • Design, develop, and maintain interactive dashboards and reports in Power BI to support procurement decision-making
  • Translate business requirements into data models, visualisations, and KPIs
  • Ensure data accuracy, usability, and stakeholder adoption
  • Data Analysis & Insights
  • Collect, analyse, and interpret procurement data to identify trends and optimisation opportunities
  • Deliver actionable insights to support cost savings, efficiency improvements, and strategic initiatives
  • Technology Implementation & Ownership
  • Support implementation and continuous improvement of procurement tools and platforms (e.g. sourcing, contract management, spend analytics)
  • Act as a system admin / power user , including configuration, access management, and troubleshooting
  • Drive adoption and effective use of procurement technologies across the function
  • AI & Automation Initiatives
  • Identify and support implementation of AI-driven solutions and automation opportunities in procurement processes
  • Collaborate with IT and stakeholders to integrate AI into reporting, analytics, and workflows
  • Reporting & Data Governance
  • Develop and maintain standardised reporting frameworks and governance practices
  • Ensure consistency and integrity of data across systems and reports
  • Process Improvement
  • Identify opportunities to streamline procurement processes through digitalisation, automation, and system enhancements
  • Recommend and implement improvements to increase efficiency and user experience
  • Supplier Performance & Analytics
  • Support development of supplier performance dashboards and analytics capabilities
  • Improve visibility of supplier KPIs and enable data-driven supplier management
  • Stakeholder Collaboration
  • Work closely with Procurement, Finance, IT, and other teams to gather requirements and deliver data-driven solutions
  • Translate technical outputs into clear, actionable business insights
  • Compliance & Best Practices
  • Ensure reporting and system usage align with internal policies, governance standards, and best practices

Qualifications

  • 1-2 years of experience in procurement, data analytics, BI/reporting, or similar roles
  • Strong analytical skills with experience in data analysis and dashboard development
  • Proficiency in Power BI and advanced Excel
  • Experience with procurement or enterprise systems and basic system admin/support
  • Understanding of data governance and reporting best practices
  • Exposure to or interest in AI, automation, or digital transformation
  • Excellent attention to detail and ability to handle large datasets
  • Strong communication skills, with the ability to present clear insights and recommendations
  • Knowledge of procurement processes and spend analysis
  • Ability to work independently and collaboratively with strong organisational skills

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