Join to apply for the Procurement Analyst role at Paymentology
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Paymentology is the first truly global issuer-processor, giving banks and fintechs the technology, team and experience to rapidly issue and process Mastercard, Visa and UnionPay cards across more than 60 countries, at scale.
Our advanced, multi-cloud platform, offering both shared and dedicated processing instances, vast global presence and richer, real-time data, set us apart as the leader in payments.
The Procurement Analyst i s responsible for supporting procurement and finance teams in negotiating contracts and enhancing Paymentology’s purchasing processes. This role plays a key part in improving Paymentology’s commercial position and financial performance by identifying cost-saving opportunities, ensuring compliance with internal and external procurement policies, and implementing structured purchasing procedures.
What you get to do::
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.
Requirements:
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
* 5+ 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.
What you can look forward to::
At Paymentology we value making a difference to the lives of the people who work for us and who live in the communities where we operate. You can look forward to working with a diverse, global team where Paymentologists at all levels play an important part in our global mission to advance the world through payments and make a difference on a global scale.
Seniority level
* Seniority level
Not Applicable
Employment type
* Employment type
Full-time
Job function
* Job function
Purchasing and Supply Chain
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