Finance & Procurement Analyst

About this job

Who We Are

Plaksha is a technology university for the future, founded through collective philanthropy by a global community of entrepreneurs and business leaders to reimagine technology education and research. The University's vision is to nurture the next generation of fearless leaders who will solve the toughest challenges facing our planet.

About the Role

We are looking for a Consultant: Finance & Procurement Analyst to support the University's financial planning, analysis, forecasting, and procurement operations. The role will involve analysing financial and procurement data, developing financial models, monitoring budgets and expenditures, and generating actionable insights to support strategic decision-making.

The consultant will work closely with internal stakeholders to strengthen financial processes, optimise cost structures, improve procurement efficiency, and ensure effective financial and procurement governance.

Engagement Type: Consultant Initial Engagement Period: 1 year, subject to extension based on institutional requirements and performance

A. Financial Planning & Analysis

• Analyse financial data, conduct research, and generate insights to support financial planning, budgeting, and strategic decision-making.
• Support strategic financial initiatives focused on cost optimisation, operational efficiency, and institutional growth.
• Conduct detailed financial analysis by reviewing budgets, financial statements, and key performance indicators (KPIs) to identify trends, variances, and areas for improvement.
• Develop financial forecasts, annual budgets, and long-term financial plans in collaboration with relevant stakeholders.
• Perform scenario modelling and sensitivity analysis to assess the potential financial impact of strategic and operational decisions.
• Monitor actual financial performance against approved budgets and forecasts, identify deviations, and recommend corrective actions.
• Conduct cost structure and cost driver analysis to identify opportunities for cost reduction, efficiency improvement, and process optimisation.
• Undertake profitability and financial performance analysis across various institutional functions, programmes, and business units.

B. Procurement Analytics & Process Optimisation

• Develop and maintain a Business Intelligence (BI) matrix to track, analyse, and report procurement expenditure across the University.
• Monitor procurement spends, vendor performance, and purchasing trends to identify opportunities for cost optimisation.
• Ensure adherence to procurement Standard Operating Procedures (SOPs), institutional policies, and applicable regulatory requirements.
• Identify and mitigate financial and operational risks associated with procurement activities.
• Analyse existing procurement processes and recommend improvements, including opportunities for digitisation and e-procurement implementation.
• Develop and maintain supplier performance scorecards based on defined Key Performance Indicators (KPIs).
• Monitor supplier performance and provide regular feedback to ensure accountability, service quality, and operational efficiency.
• Collaborate with internal stakeholders and vendors to strengthen procurement processes and ensure timely and cost-effective procurement operations.

Education & Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related discipline.
• A master's degree in a relevant field will be preferred.
• Professional certifications such as CFA, CPA, CFP, or equivalent will be an added advantage.
• 57 years of relevant experience in financial analysis, financial planning, budgeting, forecasting, and/or procurement analytics.

Skills Required

• Strong expertise in financial analysis, financial modelling, budgeting, and forecasting.
• Excellent analytical and quantitative skills, with the ability to interpret complex financial data and…