The Purchasing Controller will play a key role in ensuring accurate financial reporting and cost optimisation by reconciling calculated savings with actual accounts, ensuring transparency, savings validation, and performance monitoring.
This position requires strong analytical skills, attention to detail, and the ability to collaborate across departments to validate and report financial performance.
Key Responsibilities
**Financial Analysis & Reporting: **
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Prepare detailed reports on savings performance for management review.
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Support monthly, quarterly, and annual financial closing processes.
**Savings Validation & Financial Impact Tracking: **
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Validate procurement savings and ensure methodological consistency.
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Translate procurement savings into P&L impacts; reconcile reported savings with financial actuals.
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Investigate discrepancies between forecasted and realised savings, providing clear explanations and corrective actions.
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Work closely with procurement, operations, and finance teams to validate savings assumptions and methodologies.
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Ensure alignment between project savings calculations and accounting entries
**Spend Analytics & Cost Intelligence **
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Analyse organisation-wide spend data.
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Identify cost reduction opportunities and monitor price trends for key spend categories.
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Support Purchasing and Operations with data-driven insights.
Process Improvement
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Identify opportunities to streamline reconciliation processes and improve accuracy.
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Develop and maintain documentation of reconciliation procedures and controls.
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Active support on the Purchasing Reporting digitalisation journey.