Procurement Analyst

Section 1 Position SummaryAs a key member of the Procurement Vendor Strategy Department the Procurement Analyst plays a central role in driving procurement excellence contract lifecycle visibility and strategic sourcing support This position is responsible for tracking supplier agreements supporting RFx activities conducting commercial analyses and collaborating across departments to ensure alignment with business needs procurement policy and value generation objectives This individual will support all phases of the procurement lifecycle-from intake and supplier evaluations to renewals spend optimization and cost savings initiatives The Procurement Analyst will also maintain trackers dashboards and documentation to enable transparency audit readiness and proactive contract management Section 2 Job Functions Essential Duties and ResponsibilitiesSourcing Procurement Operations Support sourcing efforts including RFPs RFQs and market benchmarking Conduct commercial evaluations and side-by-side supplier comparisons to aid in selection and negotiation Maintain a master contract tracker with accurate data on end dates renewal windows and active sourcing events Support contract intake coordination ensure accurate documentation routing and liaise with Legal on commercial terms and redlines Partner with business units to understand supplier performance concerns and renewal objectives Contract Lifecycle Management Monitor and proactively alert business units of upcoming contract renewals or renegotiation opportunities Assist in preparing contract summaries and supplier performance snapshots to support strategic decision-making Help drive supplier consolidation opportunities by analyzing contract overlaps and spend patterns across departments Collaborate with stakeholders to ensure that executed agreements reflect approved terms savings and value commitments Spend Analysis Reporting Analyze supplier spend across categories to identify cost savings sourcing opportunities and performance outliers Develop procurement reports and dashboards using Excel and PowerPoint to visualize trends and KPIs Assist with tracking cost avoidance savings metrics and maintain a procurement savings log aligned with team goals Cross-Functional Collaboration Act as the point of contact for procurement-related data requests vendor onboarding documentation and sourcing support Coordinate with Legal IT Risk Finance and other stakeholders to gather inputs required for procurement approvals and contract execution Support audit and compliance reviews by ensuring procurement documentation is complete accurate and accessible Process Policy Support Assist in the rollout of procurement policies vendor intake forms and sourcing guidelines Draft and maintain standard operating procedures SOPs related to procurement workflows and sourcing processes Participate in procurement platform improvement initiatives e g CLM system enhancements sourcing tool upgrades Project Management Initiatives Assist with various departmental projects including platform changes to process improvement initiatives Responsible for protecting securing and proper handling of all confidential data held by Ascensus to ensure against unauthorized access improper transmission and or unapproved disclosure of information that could result in harm to Ascensus or our clients At Ascensus we are guided by our Core Values of People Matter Quality First and Integrity Alwaysxc2xae They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day Supervision NA Section 3 Experience Skills Knowledge Requirements Minimum of 2 to 3 of relevant experience in procurement sourcing or supply chain analysis preferably in a corporate or financial services environment Demonstrated experience supporting RFx events contract renewals or vendor selection activities Strong commercial acumen and the ability to analyze contract terms pricing models and supplier performance Proficiency in Excel vlookups pivot tables dashboards PowerPoint and Visio Familiarity with contract lifecycle management CLM tools and or ERP systems is a plus Strong communication skills with the ability to coordinate across multiple departments and interact with external suppliers Detail-oriented with strong organizational problem-solving and time management abilities Ability to work independently manage multiple tasks simultaneously and drive tasks to completion Self-starter with a proactive mindset and an interest in continuous process improvement Self-motivated proactive and energetic team player Ability to respond to routine multi-tasking as well as complex unplanned issues while adhering to aggressive deadlines for multiple initiatives Proven ability to proactively and independently research issues gather evidence and successfully work with various groups throughout the organization Exceptional oral written and presentation skills with a demonstrated ability to communicate effectively across all functional areas and levels of seniority Ability to proactively identify areas for process improvement and to turn recommendations into actions Strong analytical problem solving and organizational skills Ability to manage multiple tasks deadlines with limited supervision Detail-oriented PC proficient flexible committed to quality For all virtual remote positions in order to ensure associates can effectively perform their job duties with no distractions we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours Additionally there is an internet work speed requirement of 25 Mbps or better for individual use If more than one person is utilizing the same internet connection in the same household or building then a stronger connection is required If you are unsure of your internet speed please check with your service provider Note For call center roles specifically it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router Please ensure that you are able to meet these expectations before applying We are proud to be an Equal Opportunity EmployerBe aware of employment fraud All email communications from Ascensus or its hiring managers originate from ascensus com or futureplan com email addresses We will never ask you for payment or require you to purchase any equipment If you are suspicious or unsure about validity of a job posting we strongly encourage you to apply directly through our website