Zycus is looking for a motivated and analytical Spend Analyst to support customers in gaining visibility into their procurement spend and identifying opportunities for cost optimization. The role involves working with large and complex datasets, understanding procurement and Source-to-Pay (S2P) processes, analyzing supplier and category spend, and translating data into meaningful business insights.
The ideal candidate is someone with robust analytical and problem-solving skills, attention to detail, and an interest in procurement, data analytics, and AI-powered solutions.
Key Responsibilities
• Analyze procurement and spend data across suppliers, categories, business units, geographies, and other dimensions to identify trends, patterns, and opportunities.
• Support spend data cleansing, validation, classification, and categorization to improve the quality and accuracy of spend analytics.
• Work on supplier data activities such as supplier normalization, duplicate identification, and supplier consolidation analysis.
• Understand and analyze procurement transactions such as purchase orders, invoices, goods/services purchases, and other spend-related data.
• Support the development and maintenance of spend taxonomies and category hierarchies to enable meaningful spend analysis.
• Identify maverick spend, fragmented spend, supplier concentration, and other procurement opportunities through data analysis.
• Prepare spend reports, dashboards, analytical outputs, and management-ready presentations for internal and customer stakeholders.
• Perform data quality checks and investigate anomalies, inconsistencies, and gaps in procurement data.
• Work with senior consultants and customer stakeholders to understand business requirements and translate them into analytical outputs.
• Develop insights and recommendations that can help customers improve spend visibility, sourcing effectiveness, supplier management, and procurement efficiency.
• Support implementation and enhancemen
📌 Spend Data Analyst (Mumbai)
🏢 Zycus
📍 Mumbai