Senior Procurement Analyst (CCG)

5 - 10 years

7 - 12 Lacs

Posted:23 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Company
Siemens Energy Industrial Turbomachinery India Private Limited
Organization
Transformation of Industry
Business Unit
Compression
Full / Part time
Full-time
Experience Level
Experienced Professional

A Snapshot of Your Day

We are seeking a skilled Procurement Analyst to join our team and play a vital role in cost planning and management for our projects.
In this position, you will be responsible for estimating, monitoring, and optimizing project costs at the pre-bid budget stage, ensuring alignment with company objectives.
As an Analyst, you will collaborate across departments to collect essential data and leverage analytical tools to forecast and control costs, ensuring project success and profitability, and identify potential cost-saving opportunities.
Your expertise will be crucial in preparing detailed cost reports, analysing variances, and recommending corrective actions when needed.
The ideal candidate will have a strong background in engineering, exceptional analytical skills, and keen attention to detail.
You should be comfortable working with large datasets and financial models. Additionally, this role requires staying up to date with industry standards, best practices, and emerging trends in cost models.
If you are a proactive, detail-oriented professional with a passion for cost management and a commitment to excellence, we invite you to apply for this exciting opportunity!

How You ll Make an Impact

  • Prepare detailed project cost estimates and budgets
  • Prepare cost models to support project budgeting and financial planning.
  • Monitor and control project expenditures
  • Analyse 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
  • Manage RFQ process, ensuring timely vendor responses and competitive pricing
  • Perform senior SME tasks, providing strategic insights in cost analysis and procurement
  • Recommend cost optimization strategies to improve efficiency and align with best practices
  • Preferred knowledge of mechanical components with Procurement background

What You Bring

  • Proven minimum experience of 5+ yrs 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 high level of accuracy
  • Ability to work independently and as part of a team
  • Knowledge of industry standards and best practices
  • Experience with financial modelling and data analysis

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