
Procurement Analyst – Group IT (London)
- London
- Permanent
- Full-time
- Manage the full procurement lifecycle: sourcing, quoting, raising purchase orders, tracking deliveries, and receipting goods/services.
- Ensure all procurement activities align with budgetary constraints and internal policies.
- Maintain accurate and up-to-date vendor records and contact details.
- Liaise with suppliers to resolve discrepancies and ensure timely delivery.
- Monitor and report on procurement spend against budget and forecast.
- Create and distribute monthly financial reports for Group IT.
- Track open purchase orders and ensure timely closure post-fulfilment.
- Collaborate with finance to ensure invoice accuracy and payment efficiency.
- Review invoices for accuracy and alignment with purchase orders.
- Submit vendor invoices before month-end deadlines.
- Track payment progress and escalate issues as needed – Continual Service Improvement through liaising with Finance to ensure processes are reviewed and improved where possible
- Maintain reporting on invoice status, approvals, and actuals vs forecast.
- Procure IT hardware and software licenses for corporate office locations.
- Monitor license allocation and consumption via M365 Admin and SNOW portals.
- Ensure compliance with licensing agreements and usage policies.
- • Use Service Desk Plus or similar tools for tracking procurement-related incidents, service requests and change requests to resolution
- • Operate within purchase-to-pay systems for order and invoice processing.
- • Utilize SNOW and M365 Admin portals for license and asset management.
- • Act as a first-line contact for procurement-related service requests raised via the Service Desk Plus application.
- • Triage and prioritize incoming tickets, identifying whether they relate to procurement incidents (e.g., delivery issues, invoice discrepancies) or service requests (e.g., new hardware/software orders).
- • Provide timely updates to stakeholders on ticket progress, escalating issues to relevant teams when necessary.
- • Monitor ticket queues to ensure procurement-related requests are assigned appropriately and resolved efficiently.
- Assist in delivering procurement-related service improvement initiatives across Group IT.
- Identify inefficiencies in procurement workflows and propose actionable enhancements.
- Collaborate with stakeholders to design and implement process improvements.
- Track and report progress of procurement improvement projects to senior management.
- Ensure measurable outcomes and benefitsrealisationn from implemented improvements.
- Promote a culture of continuous improvement within procurement operations.
- Strong academic background in Maths and English.
- Financial or procurement-related qualifications are advantageous but not essential.
- Project Management certification (e.g., PRINCE2) is beneficial but not required.
- Proven experience in procurement and purchase-to-pay processes.
- Familiarity with procurement systems, service management tools, and licensing portals.
- Strong analytical and reporting skills.
- Excellent stakeholder engagement and communication abilities.
- Proactive and confident in engaging with stakeholders across a global organization.
- Commercially astute with a focus on value-for-money.
- Outcome-driven and committed to continuous improvement.
Careers to apply internally for this opportunity.If you are an employee without network access, contact your Site Recruiter.