Procurement Specialist

2 days ago

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

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. We are seeking a highly skilled Procure-to-Pay Analyst to join our team in Washington, DC.

Job Summary:

The Procure-to-Pay Analyst will be responsible for developing and implementing the company's global sourcing strategy, expanding our supplier base, and supporting all procurement activities for assigned categories. This role will also involve maintaining accuracy in CoStar's Oracle Cloud ERP system and driving improvements and efficiencies in the procure-to-pay processes.

Key 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
What We Offer:
  • 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

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position.

This position offers a base salary range of $73,700-$150,800, based on relevant skills and experience and includes a generous benefits plan.

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