Business Analyst (Procurement)

To analyze procurement processes, develop information management data base, create reports for management, manage Suppliers/Vendors registration, and conduct pre-qualification. Ensure operational efficiency at EMARAT in accordance with EMARAT’s related policies and procedures, applicable laws, and the End User requirements.

Key Activities

• Collectively work with all stakeholders to ensure management reporting tools are effectively utilized.
• Analyse procurement data and recommend measures for improvement in procurement processes.
• Develop dashboards, reports, and visual presentations to support decision-making.
• Monitor procurement process KPIs in areas of lead times, timeliness of procurement reports, cost savings, bidders’ performance, and generate regular performance reports.
• Conduct vendor pre-qualification and selection, and performance evaluation processes.
• Identify opportunities to diversify the supply base based on market research.
• Identify process bottlenecks and recommend improvements to enhance efficiency.
• Support initiatives for cost reduction, contract/purchase order negotiations, and supplier consolidation.
• Participate in strategic sourcing initiatives and category management.
• Effectively utilize Oracle Fusion software to extract and analyze the needed procurement data.
• Support the implementation of procurement technologies, tools, and automation initiatives.
• Together with IT support, troubleshoot system issues and provide training to end-users as needed.
• Act as a liaison between procurement, finance, and other business units/end-users to align objectives.
• Support procurement team members with data-driven insights for negotiations and decision-making.
• Support Buyers/Contracts Officers as and when needed in conducting on its own their routine work.

Qualification

• Ability to analyze large datasets and derive insights.
• Rigorous approach for tracking and auditing of procurement data.
• Experience with procurement software e.g., Oracle Procurement Fusion, SAP, and Ariba
• Analytical thinking and a solution-oriented approach to encounter procurement challenges.
• Bachelor’s degree in Business, or Finance
• A minimum of 3 years’ experience in data base handling in a Procurement function environment
• Experience in the Oil & Gas Industry preferred