Sr Procurement Analyst

JOB DESCRIPTION

About the role:

A Senior Procurement Analyst applies analytical, technical, and industry knowledge, standards and practices to complex projects in an assigned account or geographic area. In this role you will work closely with assigned business partners to identify the best business solutions, which address priority business needs or issues. You will also manage specific projects and initiatives aimed at improving the efficiency of services. You will be accountable for managing moderate risks and resource requirements.

A Senior Procurement Analyst is capable of building strong working relationships with business partners, professional peers, and other team members and operating level relationships with contractors, suppliers, and other external stakeholders.

RESPONSIBILITIES

Responsibilities:

• Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
• Process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk
• Sourcing - finding, evaluating, and engaging suppliers of goods and services which includes defining business needs (identify what goods or services are required), market analysis (researching potential suppliers and market conditions), and develop sourcing strategy (deciding on the approach for sourcing - whether it's single-sourcing, multiple-sourcing, etc.)
• Category Management - segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Tracking the market to understand pricing trends, regulatory changes, and innovation for the entire category.
• Vendor Management - managing the interaction with vendors and maintaining good working relationships with the vendors and internal stakeholders to mitigate risks. Tasks include reducing vendor risks, ensuring service delivery, and help build stronger relationships with vendors which can lead to opportunities to negotiate better rates.
• Process Development - drafting and design of processes under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process's objectives and to produce the process's desired outcome.
• Procurement Operations - this involves every activity involved in obtaining the goods and services needed to support daily operations, including sourcing, negotiating terms, purchasing items, and documenting all the steps in the process. Additional roles can include: travel, company vehicles, telecom, invoicing, credit card administration, P2P processes , procurement business systems, and corporate events.

• Multi-national work experience (in-country or in a support capacity) a plus
• Robust understanding of financial indicators and ability to perform sound economic analysis (e.g., ROI, cash flow analysis, lease vs. buy, micro economics)
• Demonstrated leadership capability with mentoring Specialists and Analysts
• Possesses a collaborative, and relentless approach to process improvement and ability to lead category and engage with business partners to achieve best in class results, specifically in areas of cost, cycle time throughput, and customer service
• Category lead for given category, and responsible for providing direction to Specialists, and Analysts regarding category strategy
• Proficient/Advanced level negotiation skills to drive savings, avoidance, and recovery for GMF - achieving substantial cost savings through negotiations, and category consolidation
• Proficient/Advanced ability to develop and maintain creative, innovative, and strategic category/sub-category strategy for responsible areas
• Proficient/Advanced ability to identify business issues, conduct appropriate analysis, and recommend viable alternatives and/or specifications where other "fit for purpose" options do not exist
• Cultivate strong working relationships with suppliers and contractors to deliver high quality services to business partners
• Proficient/Advanced knowledge of contract terms and conditions and knowledge of information security practices
• Become a "subject matter expert" in a particular supply chain specialty, demonstrating the ability to present ideas and concepts to and influence GMF management and business partners
• Ability to influence and steer highly ethical process with business partners and suppliers
• Strong analytic skills, ability to understand strategies and business-related concept
• Ability to build rapport with and influence Senior Management
• Good verbal and written communication skills; ability to prepare and deliver compelling business presentations
• Good organizational skills and ability to perform under pressure
• In-depth understanding and application of best-in-class procurement processes (category management, benchmarking, sourcing, contracting, negotiation, etc.)
• Leads business reviews with suppliers and business partners

• 3-5 years background in Procurement; experience negotiating with vendors; Oracle or other procurement software experience required
• Bachelor's Degree in Supply Chain Management, or closely related business field required