Procurement Specialist

2 days ago

Washington, Washington, D.C., United States CoStar Group Full time
Job Title: Procure-to-Pay Analyst

CoStar Group is seeking a highly skilled Procure-to-Pay Analyst to join our team. 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:
  • 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.
Requirements:
  • Bachelor's degree from an accredited, not for profit University or College required.
  • A track record of commitment to prior employers.
  • 5+ years of indirect or direct spend experience with exposure to various categories and multiple buying platforms
  • 2+ years of ERP system experience, with Oracle Fusion preferred.
  • 2+ years of knowledge about procure to pay principles, process and price/cost analysis methodology, and relevant legal terms and methodologies.
  • 2+ 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
Preferred Qualifications and Skills:
  • 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.
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

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