Sr Procurement Analyst jobs in United States
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GM Financial · 15 hours ago

Sr Procurement Analyst

GM Financial is a leading provider of automotive financial services, and they are seeking a Senior Procurement Analyst to join their Global Procurement Department. The role involves managing sourcing, contracts, and supplier relationships, while driving efficiency and innovation across the organization.

Finance
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Comp. & Benefits
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Responsibilities

Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution
Process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk
Sourcing - finding, evaluating, and engaging suppliers of goods and services which includes defining business needs (identify what goods or services are required), market analysis (researching potential suppliers and market conditions), and develop sourcing strategy (deciding on the approach for sourcing - whether it's single-sourcing, multiple-sourcing, etc.)
Category Management - segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Tracking the market to understand pricing trends, regulatory changes, and innovation for the entire category
Vendor Management - managing the interaction with vendors and maintaining good working relationships with the vendors and internal stakeholders to mitigate risks. Tasks include reducing vendor risks, ensuring service delivery, and help build stronger relationships with vendors which can lead to opportunities to negotiate better rates
Process Development – drafting and design of processes under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process’s objectives and to produce the process’s desired outcome
Procurement Operations – this involves every activity involved in obtaining the goods and services needed to support daily operations, including sourcing, negotiating terms, purchasing items, and documenting all the steps in the process. Additional roles can include: travel, company vehicles, telecom, invoicing, credit card administration, P2P processes , procurement business systems, and corporate events

Qualification

Procurement OperationsContract ManagementCategory ManagementNegotiation SkillsVendor ManagementFinancial AnalysisProcess DevelopmentAnalytic SkillsSubject Matter ExpertiseLeadershipCommunication SkillsOrganizational SkillsRelationship Building

Required

Bachelor's Degree in Supply Chain Management, or closely related business field required
3+ years background in Procurement; experience negotiating with vendors; Oracle or other procurement software experience required
Robust understanding of financial indicators and ability to perform sound economic analysis (e.g., ROI, cash flow analysis, lease vs. buy, micro economics)
Demonstrated leadership capability with mentoring Specialists and Analysts
Possesses a collaborative, and relentless approach to process improvement and ability to lead category and engage with business partners to achieve best in class results, specifically in areas of cost, cycle time throughput, and customer service
Category lead for given category, and responsible for providing direction to Specialists, and Analysts regarding category strategy
Proficient/Advanced level negotiation skills to drive savings, avoidance, and recovery for GMF – achieving substantial cost savings through negotiations, and category consolidation
Proficient/Advanced ability to develop and maintain creative, innovative, and strategic category/sub-category strategy for responsible areas
Proficient/Advanced ability to identify business issues, conduct appropriate analysis, and recommend viable alternatives and/or specifications where other “fit for purpose” options do not exist
Cultivate strong working relationships with suppliers and contractors to deliver high quality services to business partners
Proficient/Advanced knowledge of contract terms and conditions and knowledge of information security practices
Become a “subject matter expert” in a particular supply chain specialty, demonstrating the ability to present ideas and concepts to and influence GMF management and business partners
Ability to influence and steer highly ethical process with business partners and suppliers
Strong analytic skills, ability to understand strategies and business-related concept
Ability to build rapport with and influence Senior Management
Good verbal and written communication skills; ability to prepare and deliver compelling business presentations
Good organizational skills and ability to perform under pressure
In-depth understanding and application of best-in-class procurement processes (category management, benchmarking, sourcing, contracting, negotiation, etc.)
Leads business reviews with suppliers and business partners

Preferred

Multi-national work experience (in-country or in a support capacity) a plus

Benefits

401K matching
Bonding leave for new parents (12 weeks, 100% paid)
Tuition assistance
Training
GM employee auto discount
Community service pay
Nine company holidays

Company

GM Financial

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GM Financial is the captive finance company and a wholly-owned subsidiary of General Motors Company.

Funding

Current Stage
Late Stage
Total Funding
unknown
2010-09-29Acquired

Leadership Team

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Katie DeGraaf
Senior Vice President, OnStar Insurance, Product & Telematics
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Ross Reichardt
Chief of Staff; General Motors Insurance
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Company data provided by crunchbase