Procurement and Costing Analyst

Summary

The Procurement and Costing Analyst plays a critical role in supporting the company’s evolving sourcing strategy and adapting to dynamic business changes. This position is responsible for driving cost transparency, optimizing procurement processes, and delivering actionable insights that align with strategic sourcing goals. By collaborating across functions, the analyst ensures that procurement and costing practices are agile, data-driven, and responsive to shifting market conditions and organizational priorities.
 

What you'll do

•    Collaborate with internal stakeholders to identify candidates within the organization for this role, ensuring alignment with company values and objectives.
•    Develop and oversee procurement policies and procedures, emphasizing negotiation strategies and merchandising expertise.
•    Manage tendering and quotation processes to secure competitive rates, while demonstrating strong negotiation skills to drive cost savings and supplier partnerships.
•    Support the implementation of the Supplier Relationship Management (SRM) framework, emphasizing performance improvement and alignment with merchandising needs.
•    Drive the development of effective supply chain strategies, addressing business risks and merchandising challenges, including supply availability, reliability, cost optimization, and sustainability.
•    Conduct thorough cost analysis to evaluate product, service, and operational profitability.
•    Determine accurate product costs by analyzing materials, labor, overhead, and other expenses.
•    Develop and maintain costing models and tools to ensure cost transparency and informed decision-making.
•    Build long-term partnerships with strategic contractors, fostering innovation and improving alignment with company merchandising objectives.
•    Promote compliance with procurement policies, processes, and procedures while driving commercial effectiveness and ethical business practices.

What you'll need

•    Bachelor’s degree in business, Procurement and Supply Chain, Engineering, or a related discipline.
•    Minimum of 3 years’ relevant experience, with a strong emphasis on negotiation and merchandising skills.
•    Experience in cost analysis, pricing strategy, and financial analysis
•    Prior internal experience within the company or deep knowledge of its procurement and merchandising challenges is preferred.
•    Membership and/or certification from a recognized procurement professional body (e.g., CIPS, ISM) is an advantage.
•    Proficiency in MS Office applications, particularly Excel and PowerPoint.
•    Demonstrated ability to advocate for change, with exceptional negotiation, interpersonal, communication, and stakeholder management skills.
•    Awareness of cross-cultural dynamics, adaptability, and agility in fast-paced environments.
•    Proficiency in written and spoken English is a must. Cantonese and Mandarin is nice to have to communicate with Hong Kong and Chinese stakeholders but not necessary.

What you'll receive

We are dedicated to fostering a family-friendly culture and work environment and we are an equal opportunities employer and welcome applications from all candidates with the required skills and experience. We enable fair pay within the company by creating non-discriminatory salary systems.

Market Leading Remuneration Package:

Double pay and discretionary bonus
Choice of MPF provider
Life Insurance
Medical Insurance
 

Supportive Environment:

Out-Of-Office leave for important appointments
In-house training courses
Training sponsorship scheme
Health Check
Vision Check
 

Work-Life Balance:

5 day week
Competitive Annual Leave
Charity, Community and Sporting Events