Senior Procurement Specialist

3 weeks ago

Washington, Washington, D.C., United States CoStar Group Full time
CoStar Group is a leading provider of commercial real estate data and analytics. We offer a competitive salary of $85,000 to $110,000 per year, depending on experience.

**Job Description:"

As a Senior Procurement Specialist - Contracts Negotiation, you will be responsible for qualifying vendors, evaluating bids, and negotiating prices and terms for purchased goods and services. You will support and lead sourcing process alongside legal and internal stakeholders, identifying local/global supply needs, initiating and managing all RFX processes, tender, and negotiating business terms and pricing with suppliers.

**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.

**Required Skills and Qualifications:**

* 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.

**Benefits:**

* 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.

**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.

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