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Lead Procurement Analyst
2 months ago
About Us: Davidson Group HR Solutions is a forward-thinking organization dedicated to enhancing operational efficiency through strategic procurement and resource management. We are committed to fostering an environment that promotes collaboration and excellence in service delivery.
Role Summary: The Lead Procurement Analyst will be responsible for developing and implementing sourcing strategies and business contract management protocols within the organization. This position will oversee the evaluation and application of all executed agreements with clients and partners.
Key Responsibilities:
- Oversee the strategic sourcing framework and associated procurement processes, ensuring adherence to established organizational policies and financial guidelines.
- Serve as the primary administrator for sourcing initiatives, recommending and executing process enhancements to improve efficiency.
- Lead negotiations with suppliers, focusing on contract terms, pricing, operational standards, and performance metrics. Act as a resource for negotiation strategies and necessary contractual terms.
- Establish and maintain a comprehensive review process for all business and client contracts, ensuring accuracy and completeness while collaborating with relevant departments to address any issues prior to finalization.
- Manage the retention of all fully executed contracts and ensure their integration into the organization's financial systems.
- Reconcile accounts receivable and maintain accurate entries within the general ledger.
- Engage with clients to address billing discrepancies and inquiries, facilitating the resolution of outstanding issues.
- Conduct financial research and analysis for forecasting and planning purposes, including revenue trend analysis. Provide ad-hoc reporting for strategic management review as needed.
Qualifications:
- Bachelor's degree in finance, accounting, or a related discipline; advanced degree is advantageous. Certified Procurement Professional designation is preferred.
- 3-5 years of experience in finance and accounting, particularly in contract management, invoicing, collections, and revenue applications.
- A minimum of two years of demonstrated success in managing business contract processes within a rapidly growing organization. Experience in the education sector is highly desirable.
- Expertise in standard procurement methodologies; prior experience in developing and implementing such practices is a plus.
- Familiarity with ASC 606, Revenue from Contracts with Customers.
- Proven ability to conduct financial analysis and modeling, providing actionable recommendations.
- Strong organizational skills with the ability to manage multiple priorities and communicate effectively with management.
- Adaptability and versatility to evolve with the role as the organization transitions through various growth phases.
- Experience collaborating with diverse external partners and remote teams across the country.
