Procurement Category Analyst

Posted Yesterday
Be an Early Applicant
Hiring Remotely in VA
Remote
72K-96K Annually
Entry level
Financial Services
The Role
Analyze procurement and vendor spend, build dashboards, support category planning and sourcing events, evaluate suppliers, assist negotiations, track contracts, conduct market research, and improve Source-to-Pay reporting, data governance, forecasting, and procurement processes.
Summary Generated by Built In

Are you confident turning complex procurement and vendor data into insights that influence better decisions? Do you enjoy digging into spend, identifying trends and opportunities, and creating reporting that stakeholders can actually use? Are you looking for an opportunity to contribute to a procurement function as it continues to strengthen its category management and strategic sourcing capabilities?


CFA Institute is looking for a Procurement Category Analyst to support category management and contracting activities across our Procurement & Vendor Management function. You will use data, reporting and category intelligence to help optimize third-party spend, improve contract utilization and inform sourcing and vendor decisions.


Working closely with Category Managers, the Contracts Manager and stakeholders across the organization, you will have the opportunity to combine hands-on analytics with exposure to sourcing, vendor management, contract lifecycle activities and procurement process improvement.

 

What You’ll Do

  • Analyze vendor spend to identify trends, cost drivers, consolidation opportunities, tail spend and potential areas of risk.
  • Develop and maintain dashboards and reporting covering category performance, contract utilization, renewal timelines, compliance and vendor performance.
  • Collate, cleanse and interpret procurement and contract data, translating complex information into clear, actionable insights and executive-ready summaries.
  • Support category planning, sourcing events, RFP evaluations and vendor selection with structured analysis and recommendations.
  • Provide analytical support for vendor and contract negotiations through financial summaries, usage analysis, benchmarking and cost modelling.
  • Track contract milestones, renewal dates, supplier performance and contractual obligations in partnership with the Contracts Manager.
  • Conduct market and category research to identify pricing trends, market developments and emerging supplier risks.
  • Support forecasting, benchmarking, budget tracking and total cost of ownership analysis to strengthen sourcing decisions.
  • Maintain accurate procurement and contract data and help strengthen data governance across relevant systems.
  • Identify opportunities to improve workflows and reporting across the Source-to-Pay lifecycle, including automating recurring reporting where appropriate.
  • Help develop KPI frameworks, procurement procedures and compliance reporting that support a more structured, insight-led procurement function.

 

What We’re Looking For

  • Demonstrable experience in procurement, sourcing, category management, finance, data analytics or contract operations, with the ability to show the individual contribution you have made to relevant projects or outcomes.
  • Advanced Excel capability, including pivot tables, complex formulas such as XLOOKUP or INDEX/MATCH, data cleansing and transformation, and basic financial modelling.
  • Strong experience analysing and interpreting data, including trend and variance analysis, data validation and integrity controls.
  • Experience building reports or dashboards using Power BI, Tableau, an equivalent BI tool, or advanced Excel reporting models.
  • Working knowledge of procurement, contract management, ERP, vendor management, P2P or S2P systems.
  • An understanding of procurement concepts including total cost of ownership, spend categorization, budget and variance reporting, supplier performance and basic cost modelling.
  • Familiarity with different commercial and pricing structures, including service agreements and fixed-fee, time-and-materials, subscription or milestone-based pricing.
  • The ability to turn raw data into clear visual reporting and recommendations for stakeholders and leadership.
  • Strong stakeholder management and communication skills, including confidence navigating conversations around procurement processes and ways of working.
  • An open, collaborative approach and willingness to explore new tools and more effective ways of working.

 

Why Join Us

  • Contribute to the continued development of Procurement & Vendor Management at CFA Institute.
  • Work across category management, sourcing, contracting, vendor performance and procurement analytics rather than focusing on one narrow area.
  • Use your analysis to influence real sourcing, negotiation, vendor and cost decisions.
  • Gain exposure to stakeholders across the organization and translate procurement data into insights that support business decisions.
  • Help strengthen dashboards, reporting, data governance and processes as the function develops a more structured and strategic approach to procurement.

At CFA Institute, we are committed to transparency and equity in our hiring process. In compliance with wage transparency laws in many of the jurisdictions in which we recruit, we provide the following information regarding compensation for this position:

Expected salary range:

  • US - $72,300 - $96,400 per year

Actual salary within the stated ranges will depend on the individual's experience, qualifications, skills, location, and other job-related factors. Additional benefits include eligibility for an annual discretionary incentive bonus, a 12% employer contribution to a 401(k) or pension plan, and a comprehensive medical benefits package.


We offer a comprehensive benefits package to support our employees, including health coverage, generous time off, competitive retirement plans, flexible work options, and wellbeing and development programs. You can learn more on our careers site: Working at CFA Institute | Comprehensive Benefits


About CFA Institute

CFA Institute is the global leader in investment excellence and ethics. With nearly 200,000 charterholders across 160 markets, we promote professional growth, uphold ethical standards, and help advance better financial markets. Join a global organization committed to putting investors first.


Follow CFA Institute on: LinkedIn | YouTube | Facebook | Instagram | WeChat | Weibo


Important Message: Your application must clearly demonstrate how you meet the requirements as CFA Institute cannot make assumptions about your education, experience, or location. We thank all those who apply.

We are an Equal Opportunity Employer. CFA Institute prohibits both discrimination and harassment with regard to all identifying characteristics: any individual employee, group of employees, or prospective employee on the basis of race, color, national origin, citizenship or immigration status, religion, creed or belief, age, marital or partnership status, marital or family status, care giver status, pregnancy and maternity, sexual and other reproductive health decisions, physical abilities/qualities, disability, sexual orientation, gender, gender identity or expression, predisposing genetic characteristic, military or veteran status, status as a victim or witness of domestic violence or sex offense or stalking, unemployment status, infectious disease carrier status, migrant worker status, educational background, socio-economic status, geographic location and culture or any other basis protected by applicable law. This policy impacts all aspects of employment, including but not limited to, recruitment, hiring, compensation, training, development, promotion, demotion, layoff, recall, furlough, transfer, leave of absence, and dismissal. This is a global policy that applies to all CFA Institute employees, regardless of location.


If, due to a disability or current medical condition, you need an accommodation or assistance to complete a job application, you can request one at any stage of the recruitment process. Please send an email to [email protected] noting the accommodations or assistance you are requesting. Please do not include any medical or health information in this email. We will review your request and contact you to discuss the possible options and arrangements. We will try our best to provide you with an accommodation or assistance that meets your needs and respects your preferences.

Skills Required

  • Experience in procurement, sourcing, category management, finance, data analytics, or contract operations, with demonstrated individual contributions to relevant projects or outcomes.
  • Advanced Microsoft Excel skills, including pivot tables, XLOOKUP or INDEX/MATCH, data cleansing and transformation, and basic financial modeling.
  • Experience analyzing and interpreting data, including trend and variance analysis, data validation, and integrity controls.
  • Experience building reports or dashboards with Power BI, Tableau, an equivalent business intelligence tool, or advanced Excel reporting models.
  • Working knowledge of procurement, contract management, ERP, vendor management, P2P, or S2P systems.
  • Understanding of total cost of ownership, spend categorization, budget and variance reporting, supplier performance, and basic cost modeling.
  • Familiarity with commercial and pricing structures, including service agreements, fixed-fee, time-and-materials, subscription, or milestone-based pricing.
  • Ability to translate raw data into clear visual reporting and recommendations for stakeholders and leadership.
  • Strong stakeholder management and communication skills, including confidence discussing procurement processes and ways of working.
  • Open, collaborative approach and willingness to explore new tools and more effective ways of working.

CFA Institute Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CFA Institute and has not been reviewed or approved by CFA Institute.

  • Healthcare Strength — Comprehensive medical, dental, and vision coverage alongside life and disability insurance is described as robust. These offerings are positioned as a dependable cornerstone of the package.
  • Retirement Support — A generous retirement program with 401(k) and profit sharing in many locations supports long-term financial security. This element stands out within total rewards.
  • Leave & Time Off Breadth — Generous paid time off, a year-end office closure, summer hours, and volunteer time underscore strong time-away support. Additional programs broaden the range of time-off options.

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The Company
HQ: Charlottesville, VA
2,069 Employees
Year Founded: 1987

What We Do

CFA Institute is a global community of more than 175,000 investment professionals working to build an investment industry where investors’ interests come first, financial markets function at their best, and economies grow. We are driven by the belief that lasting economic growth depends on trust, competence, and transparency in financial markets, and we know that it must be led by professionals adhering to the highest levels of ethics and investment expertise. We achieve these goals by: raising standards of professional excellence in the industry; championing ethical behavior in investment markets; serving as a respected source of knowledge in investment markets; and creating a strong global community of investment professionals.

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