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Sr. Procurement Analyst

Sr. Procurement Analyst

CompanyCoStar Group
LocationArlington, VA, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree from an accredited, not for profit University or College required.
  • 6+ years of indirect or direct spend experience with exposure to various categories and multiple buying platforms
  • 3+ years of ERP system experience, with Oracle Fusion preferred.
  • 3+ years of knowledge about procure to pay principles, process and price/cost analysis methodology, and relevant legal terms and methodologies.
  • 3+ years of negotiation skills or education and good experience in supplier management.
  • Proven relationship-building and problem-solving skills, with a strong attention to detail, and ability to set priorities.
  • Strongly proficient in Microsoft Office, Syndicated Media Research tools, and presentation software.

Responsibilities

  • Qualify vendors, evaluate bids, and negotiate prices and terms for purchased goods and services.
  • Support and lead sourcing process alongside legal and internal stakeholders: identify local/global supply needs, initiate and manage all RFX processes, tender, and negotiate business terms and pricing with suppliers.
  • Drive early procure to pay involvement and proactively conduct cost saving exercises.
  • Setup and maintain supplier database in Oracle Cloud ERP system and work closely with the Financial Systems team on updates or issues with the Oracle Cloud ERP system.
  • Initiate and assist the Business owners in the set-up of purchase orders, non-Catalog forms, and internal catalogs, punch-out catalogs in line with contracts or single-case procurement activities such as: expediting, changes, delivery, cancellations, acknowledgements, verify requisition against catalogue availability, etc.
  • Responsible for savings and KPI achievements and its reporting.
  • Keep abreast of assigned category trends, market and economic conditions and other opportunities to leverage during overall negotiations of the local supply base.

Preferred Qualifications

  • Strong experience in technology and SaaS procurement
  • Strong customer care focus
  • Work well with a team and independently.
  • Ability to work across multiple departments and spend categories
  • Experience with one of the following indirect spend categories preferred: technology, marketing, facilities, and construction.