Procurement Practice Analyst

Skill required: Procurement Operations - Supplier Analysis & Selection
Designation: Procurement Practice Analyst
Qualifications:BBA/Any Graduation/Bachelor’s degree with Finance specialization
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com What would you do? Go beyond processing purchase orders at lower costs to help clients reap savings and value from the billions they spend on the goods and services that run their day-to-day business operations. You will be working as a part of Procurement management team which uses a systematic approach for buying all the goods and services needed for a company to stay sustainable. They are involved in the identification of need, finding and qualifying the suppliers, requesting proposals, negotiating with suppliers, contracting, delivery and analyzing results. Collect and analyze quantitative and qualitative information to assess, screen and select suppliers.
What are we looking for? Any bachelor’s degree, ideally in Business, Supply Chain, Finance, or related field "1) Strong analytical, reporting, and documentation skills. 2) Excellent stakeholder management and communication skills to work across teams and with external vendors. 3) Excellent communication, and problem-solving skills 4) Ability to work cross-functionally in a fast-paced environment." "1) Proficiency in MS Excel, PowerPoint, and reporting tools like Power BI. 2) Ability to work independently and manage multiple priorities. 3) Participate in continuous improvement of third-party risk management frameworks, assessment templates, and governance models."
Roles and Responsibilities: "Experience Required: 3 to 5 years 1) Solid understanding of vendor risk management, regulatory compliance, and due diligence practices. 2) Experience in conducting Third Party Risk Assessments (TPRA) during onboarding, renewal, and ongoing monitoring phases to identify and mitigate potential vendor risks. 3) Familiarity with financial health analysis tools (e.g., D&B, Moody’s, S&P ratings) and vendor risk intelligence platforms. 4) Experience with GRC tools (e.g., RSA Archer, ProcessUnity, OneTrust, MetricStream) for managing risk assessments and workflows. 5) Experience working with cross-functional teams (e.g., Legal, Procurement, InfoSec, Compliance) to validate risk mitigation controls and recommend remediation plans. 6) Ability to evaluate inherent and residual risks across various domains including information security, data privacy, operational, legal, and compliance. 7) Ensure that risk classification and scoring models are consistently applied across vendors based on criticality, data sensitivity, and service scope. 8) Monitor regulatory requirements (e.g., GDPR, HIPAA, SOX, OCC, etc.) and ensure third parties meet applicable compliance obligations."