Indirect Procurement Analyst

October 27, 2026

Middle

Madrid, Spain

Indeed

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English is required
B2 level

Description

Procurement Analyst position inside the Global Procurement unit of a large international financial group, working in a project-based horizontal pool that covers both local and global sourcing challenges. The analyst supports senior buyers across every procurement category — technology, infrastructure, business services and communication — from gathering internal requirements and preparing tenders to cost modelling, savings calculation, award documentation and contract compliance. The role requires a university degree in engineering, telecommunications, economics or business administration, a high level of English (B2 or above), hands-on SAP/ARIBA experience and advanced Excel plus fluent use of the Google environment. Employment is full-time and based in Madrid, with international travel when the project requires it.

Responsibilities

Collaborate directly with internal user areas to understand their needs, analyse purchase volumes and acquisition prices
Prepare the list of participating suppliers, draft tender documents and define selection criteria
Perform bid evaluations, from simple comparative analyses to complex sensitivity models such as TCO and TVO
Process offers, calculate generated savings and prepare documentation for the award proposal to the Contracting Committee
Apply the Group's goods and services procurement policy and ensure compliance with the contract signature flow
Support senior buyers in running negotiation and procurement management processes
Participate in market sourcing: supplier search and supplier risk control in line with the area strategy
Handle contracting and regulatory compliance within the procurement flow
Cover local and global procurement challenges inside a project-based pool structure

Requirements

Higher or intermediate university degree in Engineering, Telecommunications, Economics, Business Administration (ADE) or a similar field
High level of English, B2 or above
Experience using SAP/ARIBA and negotiation tools
Advanced Excel skills and confident work with databases
Fluent use of the Google environment: AppScript, Data Studio, Sheets and similar tools
Strong negotiation, communication and stakeholder liaison skills
Interest and curiosity about technology, professional services or infrastructure markets
Knowledge of contracts and contractual terms
Experience of one to two years in multinational environments and project management is valued
Financial knowledge is considered an advantage
Client orientation, empathy, ethics, innovation and proactive thinking

Conditions

Full-time employment
Work location in Madrid
International travel when the project requires it
Project-based pool structure with local and global challenges
Transversal view over all procurement categories: technology, infrastructure, business services and communication
Work in multidisciplinary teams with financiers, legal experts, data scientists, developers, engineers and designers
Opportunities for professional development and advancement within the procurement function