Procurement Analyst

3 days ago


Sibiu, Sibiu, Romania Colt Technology Services Full time

Short Description

Function: Finance Procurement

Reports to: Head of Contract Management

Location: Sibiu, Romania

Hybrid set up

Why we need this role

The Procurement Contract Analyst Main Responsibility Comprises Of

  • Analyzing, preparing and revising contracts
  • Interfacing with the business and other procurement colleagues to ensure that new project contractual documentation is complete ahead of vendor onboarding
  • Management of processes and systems to support effective contract management and collaborative delivery.
  • Developing and maintaining a robust contract management database which drives activities for the whole procurement & supply chain team

What you will do

  • Support the sourcing team in implementing supplier agreements and contracts by collaborating with cross-functional stakeholders and suppliers to align on terms and conditions.
  • Ensure all contracts are executed in compliance with corporate guidelines.
  • Review and assess existing contracts for accuracy and effectiveness.
  • Maintain an up-to-date contract database in Ariba.
  • Monitor and enforce contract compliance across all agreements.
  • Perform risk assessments for supply contracts and agreements.

Additionally You Will Also

  • Collaborate with key stakeholders to ensure clarity on specifications and company expectations.
  • Audit existing contracts and oversee any modifications.
  • Analyze contractual risks and their potential impact on the business.
  • Track performance of signed contracts in partnership with the VRM specialist.
  • Ensure business objectives are achieved through effective contract implementation.
  • Maintain continuous vendor risk management controls.
  • Review all contract requirements and provisions, including terms and conditions, to ensure compliance with laws, regulations, and company policies.

What we look for

  • Fluent English for effective contract management
  • Experience in procurement contract management (preferred)
  • Basic knowledge of supplier contracts, terms & conditions, and procurement processes
  • Familiarity with sourcing and vendor management practices
  • Working knowledge of SAP ECC and SAP Ariba (preferred)
  • Strong interpersonal skills to engage with diverse stakeholders
  • Bachelor's degree in Procurement, Supply Chain, Logistics, or Business Administration
  • Self-driven, proactive, and adaptable
  • Collaborative team player with strong communication skills, including the ability to engage senior executives
  • Influencing and relationship-building skills
  • Analytical mindset with problem-solving capabilities

Skills
Business Process Modeling

Procurement Procedures

Procurement Knowledge

Vendor Performance Management

Cost Optimization

Relationship Management

Education

A bachelor's or master's degree in Finance, Economics, Business Management or a relevant field