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Procurement Analyst

Ifs · Colombo, Western Province, Sri Lanka
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Other (Adjacent or hard to classify.)
posted
1d ago
location
Colombo, Western Province, Sri Lanka
languages
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Job Description

Job description:

We are seeking a detail-oriented and analytical Procurement Analyst to join our procurement team and report into a member of the Procurement Leadership team. This role will play a key part in driving procurement transformation through data, technology, and automation.

The ideal candidate will combine strong analytical skills with experience in Power BI/dashboard development, procurement technologies, and emerging AI solutions. This role is highly focused on enabling data-driven decision-making, improving system capabilities, and supporting digital procurement initiatives. Selected candidate must be available to work during the EU shift.

Key Responsibilities

  • Power BI & Dashboard Development
    • Design, develop, and maintain interactive dashboards and reports in Power BI to support procurement decision-making
    • Translate business requirements into data models, visualisations, and KPIs
    • Ensure data accuracy, usability, and stakeholder adoption
  • Data Analysis & Insights
    • Collect, analyse, and interpret procurement data to identify trends and optimisation opportunities
    • Deliver actionable insights to support cost savings, efficiency improvements, and strategic initiatives
  • Technology Implementation & Ownership
    • Support implementation and continuous improvement of procurement tools and platforms (e.g. sourcing, contract management, spend analytics)
    • Act as a system admin / power user, including configuration, access management, and troubleshooting
    • Drive adoption and effective use of procurement technologies across the function
  • AI & Automation Initiatives
    • Identify and support implementation of AI-driven solutions and automation opportunities in procurement processes
    • Collaborate with IT and stakeholders to integrate AI into reporting, analytics, and workflows
  • Reporting & Data Governance
    • Develop and maintain standardised reporting frameworks and governance practices
    • Ensure consistency and integrity of data across systems and reports
  • Process Improvement
    • Identify opportunities to streamline procurement processes through digitalisation, automation, and system enhancements
    • Recommend and implement improvements to increase efficiency and user experience
  • Supplier Performance & Analytics
    • Support development of supplier performance dashboards and analytics capabilities
    • Improve visibility of supplier KPIs and enable data-driven supplier management
  • Stakeholder Collaboration
    • Work closely with Procurement, Finance, IT, and other teams to gather requirements and deliver data-driven solutions
    • Translate technical outputs into clear, actionable business insights
  • Compliance & Best Practices
    • Ensure reporting and system usage align with internal policies, governance standards, and best practices

Qualifications

Qualifications:

  • 1-2 years of experience in procurement, data analytics, BI/reporting, or similar roles
  • Strong analytical skills with experience in data analysis and dashboard development
  • Proficiency in Power BI and advanced Excel
  • Experience with procurement or enterprise systems and basic system admin/support
  • Understanding of data governance and reporting best practices
  • Exposure to or interest in AI, automation, or digital transformation
  • Excellent attention to detail and ability to handle large datasets
  • Strong communication skills, with the ability to present clear insights and recommendations
  • Knowledge of procurement processes and spend analysis
  • Ability to work independently and collaboratively with strong organisational skills

Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.