Procurement Analyst

Procurement Analyst

**ID**:1347

**Date of Posting**:Jun 7, 2025

**Business Area**:Procurement

**Job Type**:Direct Employee

**On site / Remote / Hybrid**:Hybrid

**Location**:Milano, IT

**Territory**:
**Full-Time or Part-Time**:Full Time

**Seniority**:Mid-senior
- With its beginnings in a family run pharmacy in Correggio, Italy in the 1920s, Recordati is now a global pharmaceutical company, listed on the Italian stock exchange, with over 4,500 employees and turnover of over Euro 2bn._
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- We are a group of like-minded, passionate individuals who go to extraordinary lengths for our patients, customers, partners, investors and the people across the globe who we serve. We develop and commercialise medicines to serve people living with common diseases, as well as those living with some of the rarest, in around 150 countries._
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- At Recordati, our mantra is simple. We’ve always believed that health, and the opportunity to live life to the fullest, is a right, not a privilege. Whether that is for common diseases or the rarest - we want to give people the opportunity to be the best version of themselves._
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- This drive will never stop. Together, we will always be reimagining tomorrow - with new ideas, new technologies and new innovations to fight diseases._
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- Recordati. Unlocking the full potential of life._

**Job Purpose**

The Procurement Analyst plays a crucial role in supporting the Procurement department by analyzing spending, monitoring key procurement activities, and tracking performance indicators. This role provides analytical insights that underpin strategic decision-making and help ensure efficient procurement processes.

**Key Responsibilities**
- Strategic Spend Analysis: analyze group-wide procurement expenses to identify trends, cost-saving opportunities, and potential supplier consolidation. Collaborate with Finance, Procurement, and other business units to build and maintain a robust data foundation.
- Sourcing Strategy Support: provide ad hoc analysis to assist sourcing teams in supplier evaluations, negotiation strategy development, and assessment of contractual terms.
- Savings Tracking: monitor, validate (in collaboration with Finance), and report on savings generated through procurement negotiations.
- Annual Rebates: calculate year-end rebates and coordinate with suppliers and Finance to ensure accurate tracking and collection.
- Contract Compliance Support: assist in ensuring procurement contracts align with company policies by supporting compliance audits and maintaining monitoring tools.

**Required Education**
Bachelor’s degree in Economics, Mathematics, or a related field (Master’s degree preferred).**Required Skills and Experience**
- 2-3 years of experience in procurement, financial analysis, or a similar role within structured organizations.
- Advanced Excel skills (e.g., pivot tables, Power Query) and proficiency in analyzing complex data sets.
- Strong analytical skills with excellent attention to detail.
- Ability to work independently as well as part of a collaborative team.
- Effective communication and interpersonal skills to engage with diverse stakeholders.
- Proven ability to manage multiple tasks and meet deadlines

**Preferred Experience**
- Involvement in data-driven procurement projects, cost-saving initiatives, or spend analysis within large organizations.
- Experience working in an international environment or with cross-functional teams.
- Familiarity with compliance and audit processes in regulated sectors (e.g., finance, pharmaceuticals, government) is an advantage.

**Technical Competencies**
- Data Analysis & KPI Tracking: proficient in analyzing key procurement KPIs (e.g., savings, number of suppliers, number of tenders, category spend) using advanced Excel and reporting tools.
- Procurement Tools & ERP Systems: experience with procurement management systems and ERP tools (e.g., SAP) for effective data extraction and analysis.
- Financial & Cost Analysis: solid understanding of cost analysis principles and tracking savings generated through procurement activities.
- Process Monitoring & Reporting: ability to design dashboards and reports to monitor procurement performance and support sourcing strategies.
- Automation & AI-driven Insights (preferred): familiarity with process automation tools (RPA) and AI accelerators is a plus to enhance procurement efficiency and data-driven decision-making.

**Required Behaviours and Competencies**
- Analytical Thinking: ability to translate complex data into actionable insights.
- Problem-Solving: structured approach to identifying and resolving procurement-related issues.
- Attention to Detail: consistent precision in data analysis, reporting, and documentation.
- Proactivity & Ownership: self-motivated with a strong sense of accountability.
- Collaboration & Teamwork: effective in cross-functional teams and fast-paced environments.
- Adaptability & Resilience: capability to manage multiple priorities and a