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Procurement Analyst
- Principal Financial Group (Des Moines, IA)
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What You'll Do
Principal is seeking a curious, self-motivated **Procurement Analyst** with a background in supply chain and a passion for data and analytics. In this role, you’ll partner with our Global Sourcing team—both domestically and internationally—to drive procurement insights, enable smarter decision-making, and increase visibility across our sourcing initiatives.
This is a highly collaborative role where you’ll help build scalable reporting dashboards, use AI tools to create automated workflows and work closely with category sourcing consultants to uncover opportunities and support strategic execution. You’ll also engage with leaders across international offices, helping elevate data quality, analysis, and insights globally.
What You’ll Do
+ 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.
Who You Are
+ 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.
Ideal Candidate (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.
Location
This role will be located at our Des Moines office and benefit from a hybrid work arrangement, blending at least three office days in a typical workweek and remote work.
Salary Range Information
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$67500 - $90000 / year
Time Off Program
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. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible
Yes
Work Authorization/Sponsorship
At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.
Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)
Investment Code of Ethics
For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.
Experience Principal
At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Posting Window
We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date
12/20/2025
Most Recently Posted Date
12/22/2025
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