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Principal Financial Group · 10 hours ago

Procurement Analyst

Des Moines, IA

Full-time

Hybrid

Mid Level

$68K/yr - $90K/yr

3+ years exp

Principal Financial Group is seeking a curious, self-motivated Procurement Analyst with a background in supply chain and a passion for data and analytics. The role involves partnering with the Global Sourcing team to drive procurement insights and build scalable reporting dashboards, while also engaging with leaders across international offices to enhance data quality and analysis.

Financial ServicesInsurance

No H1B

U.S. Citizen Only

Responsibilities

Build, maintain, and automate dashboards and reports to track progress against annual sourcing and procurement goals

Own and lead key analytical processes supporting international sourcing initiatives, including data collection, cleansing, normalization, spend analysis, categorization, KPI tracking, and insight development

Assemble and analyze data from multiple systems to develop insights that inform Global Procurement strategies

Develop data extraction and analysis workflows using AI tools and Robotic Process Automation

Partner with Category Sourcing Consultants to support category strategies and sourcing projects through data-driven analysis

Support implementation and adoption of new procurement technology solutions, increasing transparency and reporting capabilities

Manage internal communications related to reporting, analytics updates, and data changes

Qualification

Data analysisMicrosoft ExcelPower BIRobotic Process AutomationSupply chain managementCuriosityTechnical mindsetLearning new toolsCommunication skills

Required

Bachelor's degree in Business or a related field; supply chain management or management information systems preferred

3+ years of experience in analytics, reporting, and purchasing or supply chain operations

Strong analytical mindset with a genuine curiosity for solving business problems through data

Advanced proficiency in Microsoft Excel (e.g., data imports, lookups, pivots, data cleanup)

Experience extracting and analyzing data from multiple systems (e.g., Coupa, PeopleSoft)

Proficiency with Power BI for dashboarding and data visualization

Demonstrated ability to automate reporting, analyze complex datasets, and highlight performance against targets

Strong written and verbal communication skills with the ability to explain insights clearly

Comfortable learning new tools and applying technology to improve processes and outcomes

Preferred

Technical, hands-on mindset with an interest in experimenting with and applying new tools

Experience designing or maintaining workflows in Microsoft Power Automate

Familiarity with Microsoft Forms, Power Automate, Copilot Studio, or other AI-enabled tools

Ownership experience with Power BI dashboards

Functional knowledge of sourcing and procure-to-pay processes

Benefits

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.

Pension Eligible

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees