Procurement Analyst

As a skilled Procurement Analyst at Siemens Energy, you will play a vital role in cost planning and management for projects. You will estimate, monitor, and optimize project costs at the pre-bid budget stage, ensuring alignment with company objectives. Collaboration across departments to collect essential data and leveraging analytical tools to forecast and control costs will be essential for project success and profitability. Your expertise in preparing detailed cost reports, analyzing variances, and recommending corrective actions will be crucial. **Key Responsibilities:** - Prepare detailed project cost estimates and budgets - Prepare cost models to support project budgeting and financial planning - Monitor and control project expenditures - Analyze cost variances and recommend corrective actions - Develop and maintain cost tracking systems - Prepare regular cost reports and forecasts - Identify and implement cost-saving opportunities - Ensure compliance with company policies and industry standards **Qualifications Required:** - Minimum 3 to 5 years of experience in cost controls, estimation, and procurement after a bachelor's degree or equivalent experience in engineering - Strong analytical and problem-solving skills - Excellent communication and interpersonal skills - Attention to detail and a high level of accuracy - Ability to work independently and as part of a team - Knowledge of industry standards and standard practices - Experience with financial modeling and data analysis Siemens Energy, with ~100,000 employees in over 90 countries, develops energy systems for the future to meet global energy demand sustainably. The company focuses on decarbonization, new technologies, and energy transformation. Diversity is celebrated at Siemens Energy, with over 130 nationalities contributing to a culture of inclusion and innovation. The company provides medical insurance for all employees, including family coverage. Additionally, employees have the option to opt for a Meal Card as part of the CTC for tax-saving benefits. For more information on how you can make a difference at Siemens Energy, visit their [employee video](https://www.siemens-energy.com/employeevideo). Note: The additional details about Siemens Energy's commitment to diversity and rewards/benefits have been included in the summary.,