Business Analyst- Procurement

Bangalore, Karnataka - India

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Job Summary:

The Business Analyst- Procurement, assigned to one of Pinkerton's largest global clients, will play a crucial role in enhancing the vendor management program by providing expert analysis of costs associated with the procurement of third-party products and services. This role is focused on supporting key internal stakeholders in optimizing cost-efficiencies and using data-driven analysis to inform decision-making and enhance operational- or security-related outcomes.

Essential Functions:

• Represent Pinkerton's core values of integrity, vigilance, and excellence.

• Develop and maintain data collection methods for obtaining cost and spend-related data relating to the client's Corporate Security procurement of third-party products and services.

• Conduct comprehensive and complex cost tracking and analysis across the client's Corporate Security supply-chain third-party products and services and procurement-related activities.

• Conduct comprehensive and complex financial analysis in support of the growing vendor management responsibilities.

• Evaluate supplier pricing, contract terms, and analyze market trends.

• Prepare and present reports and dashboards to convey cost-related insights to key stakeholders.

• Complete concise, detailed reports and technical analysis to customers based on concrete evidence and verified datasets.

• Continuously monitor and assess supplier costs and related metrics while identifying trends and areas for improvement.

• Collaborate with the wider vendor management team to assess and evaluate supplier performance.

• Support contract reviews and assist in establishing cost-effective agreements.

• Provide data-driven insights and recommendations to mitigate identified procurement or supply-chain risks effectively.

• Partner with cross-functional teams including procurement, finance and risk teams, to ensure a comprehensive approach to produce and service procurement.

• Stay updated on the latest supply-chain, procurement and cost management trends, and best practices.

• Continuously enhance the cost analysis process and methodologies.

• Update tracking tools and associating cost-related data with relevant product or service categories and/or types.

• Prepare cost/spend summary reports for dissemination to end-users.

• All other duties, as assigned.

Education, Experience, and Certifications:

Bachelor's degree in business, finance, supply chain management, or a relevant field with previous experience as a Business Analyst or Procurement Analyst, specializing in cost analysis and cost reduction strategies. Pinkerton is an inclusive employer who seeks candidates with diverse backgrounds, experiences, and perspectives.

Competencies:

• Proficiency on supply-chain and financial assessment methodologies, data analysis tools, and procedures.

• Able to work within ambiguity, where a problem is defined but the plan/strategy is not.

• Able to use knowledge and skills to effectively determine actions necessary to achieve goals.

• Able to delivery results with limited guidance.

• Clear and concise in verbal and written communication skills across locations, roles, and functions, industry groups, and internal/external key stakeholders.

• Able to analyze complex datasets and recommend effective solutions.

• Serve as an effective team member through mentorship and support.

• Able to mitigate immediate risks and determine escalation requirements.

• Able to identify trade-offs: time vs. quality vs. resources.

• Computer skills; Microsoft Office and business intelligence software.

Working Conditions:

With or without reasonable accommodation, requires the physical and mental capacity to effectively perform all essential functions;

• Exposure to sensitive and confidential information.

• Regular computer usage.

• Must be able to see, hear, speak, and write clearly in order to communicate with employees and/or customers.

• Occasional reaching and lifting of small objects and operating office equipment.

• Ability to adjust focus between close and distance vision.

• Frequent sitting.

• Able to work flexible hours, including after-hours, to meet demands of a globally dispersed team.

• Travel, as required.

Pinkerton is an equal opportunity employer to all applicants and positions without regard to race/ethnicity, color, national origin, ancestry, sex/gender, gender identity/expression, sexual orientation, marital/prenatal status, pregnancy/childbirth or related conditions, religion, creed, age, disability, genetic information, veteran status, or any protected status by local, state, federal or country-specific law.