Procurement Analyst

We are looking for a skilled Procurement Analyst to join our team and contribute significantly to the cost planning and management of our projects. Your primary responsibilities will include estimating, monitoring, and optimizing project costs during the pre-bid budget phase to ensure they align with company objectives. You will collaborate with various departments to gather essential data and utilize analytical tools to forecast and control costs effectively. Your role will be vital in ensuring project success, profitability, and identifying potential cost-saving opportunities. Additionally, you will be responsible for preparing detailed cost reports, analyzing variances, and suggesting corrective measures when necessary. The ideal candidate should possess a solid engineering background, exceptional analytical abilities, and meticulous attention to detail. Proficiency in working with extensive datasets and financial models is essential. Keeping abreast of industry standards, best practices, and evolving trends in cost models is also a key requirement for this role. If you are a proactive and diligent professional with a passion for cost management and a dedication to excellence, we encourage you to apply for this exciting opportunity. Your Impact: - Prepare detailed project cost estimates and budgets - Develop cost models to support project budgeting and financial planning - Monitor and control project expenditures - Analyze cost variances and recommend necessary actions - Establish and maintain cost tracking systems - Generate regular cost reports and forecasts - Identify and implement cost-saving opportunities - Ensure compliance with company policies and industry standards Requirements: - Minimum 3 to 5 years of experience in cost controls, estimation, and procurement post a bachelor's degree in engineering or equivalent - Background in Procurement is preferred - Strong analytical and problem-solving skills - Excellent communication and interpersonal abilities - Attention to detail and high accuracy level - Capability to work independently and collaboratively - Knowledge of industry standards and best practices - Experience in financial modeling and data analysis About Us: At Siemens Energy, we are more than an energy technology company. With a global workforce of approximately 100,000 employees across 90+ countries, we are dedicated to developing sustainable energy systems for the future. Our technologies drive the energy transition and contribute to one-sixth of the world's electricity generation. Join our distributed team committed to making sustainable, reliable, and affordable energy a reality. We value innovation and seek individuals who share our focus on decarbonization, new technologies, and energy transformation. Diversity Commitment: Diversity is our strength, and inclusivity powers us forward. With over 130 nationalities represented, we celebrate individuality regardless of ethnic background, gender, age, religion, identity, or disability. At Siemens Energy, we energize society without discrimination based on our differences. Benefits: - Medical Insurance coverage for all employees - Family floater cover for employee, spouse, and 2 dependent children up to 25 years - Option to opt for Meal Card as part of CTC for tax-saving benefits For more information on how you can contribute to Siemens Energy, visit https://www.siemens-energy.com/employeevideo.,