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Procurement Specialist

2 months ago

Washington, Washington, D.C., United States CoStar Group Full time
Job Summary

We are seeking a highly skilled Procure-to-Pay Analyst to join our team at CoStar Group. As a key member of our procurement team, you will be responsible for qualifying vendors, evaluating bids, and negotiating prices and terms for purchased goods and services.

Responsibilities
  • Vendor Qualification and Sourcing: Qualify vendors, evaluate bids, and negotiate prices and terms for purchased goods and services.
  • Sourcing Process Support: 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.
  • Cost Savings and KPIs: Drive early procure to pay involvement and proactively conduct cost saving exercises. Responsible for savings and KPI achievements and its reporting.
  • Supplier Database Management: 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.
  • Purchase Order Management: 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.
  • Category Trends and Market Analysis: Keep abreast of assigned category trends, market and economic conditions and other opportunities to leverage during overall negotiations of the local supply base.
Requirements
  • Bachelor's Degree: Bachelor's degree from an accredited, not for profit University or College required.
  • Commitment to Prior Employers: A track record of commitment to prior employers.
  • Indirect or Direct Spend Experience: 5+ years of indirect or direct spend experience with exposure to various categories and multiple buying platforms.
  • ERP System Experience: 2+ years of ERP system experience, with Oracle Fusion preferred.
  • Procure to Pay Principles: 2+ years of knowledge about procure to pay principles, process and price/cost analysis methodology, and relevant legal terms and methodologies.
  • Negotiation Skills: 2+ years of negotiation skills or education and good experience in supplier management.
  • Relationship-Building and Problem-Solving: Proven relationship-building and problem-solving skills, with a strong attention to detail, and ability to set priorities.
  • Technical Skills: Strongly proficient in Microsoft Office, Syndicated Media Research tools, and presentation software.
Preferred Qualifications and Skills
  • Customer Care Focus: Strong customer care focus.
  • Teamwork and Independence: Work well with a team and independently.
  • Departmental and Category Experience: Ability to work across multiple departments and spend categories. Experience with one of the following indirect spend categories preferred: technology, marketing, facilities, and construction.
What's in it for you

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

  • Comprehensive Healthcare Coverage: Medical / Vision / Dental / Prescription Drug
  • Life, Legal, and Supplementary Insurance
  • Commuter and Parking Benefits
  • 401(K) Retirement Plan with matching contributions
  • Employee Stock Purchase Plan
  • Paid Time Off
  • Tuition Reimbursement
  • On-site Fitness Center and/or Reimbursed Fitness Center Membership Costs (location dependent)
  • Complimentary Gourmet Coffee, Tea, Hot Chocolate, Prepared Foods, Fresh Fruit, and Other Healthy Snacks