Procurement Analyst

AEP Service Corporation; New Albany (IN); On-site; USD 75,000 - 93,000; Full time

Job summary

American Electric Power is seeking a procurement professional focused on services, with emphasis on construction services. You will support sourcing, contracting, and ongoing contract administration activities across these categories, and assist with issue resolution with internal stakeholders and suppliers.

You’ll provide analytical support to senior analysts, help execute category strategies, and ensure follow-through on contract actions and negotiations with key suppliers.

Qualifications

• Bachelor's Degree in business, accounting, finance, supply chain, or related field; OR 4 years of relevant work experience.
• Experience in customer service and/or procurement helpful.
• Preferred: experience within construction services; strong analytics and communication.

Responsibilities

• Procures goods and services with high value or complex requirements.
• Assesses business requirements and aligns procurement plans.
• Executes sourcing strategies based on category guidance and best practices.
• Assists Category Managers with category strategy development.
• Uses market, supplier and spend analyses to inform strategies and solicitations.
• Coordinates cross-functional category teams during sourcing events.
• Performs contract administration related to sourcing events and negotiations.
• Writes summaries and details for contracts including pricing and terms.
• Collaborates with partners and suppliers to support category strategies.

Skills

Analytical

Problem-solving

Time management

Communication

Education

Bachelor's degree or 4 years experience

Tools

Maximo

Cognos

Job description

Job Posting End Date

10-11-2026. Please note the job posting will close on the day before the posting end date.

Job Summary

This role will be primarily focused on the services side of procurement, with an emphasis on Construction services categories. Responsibilities will include supporting sourcing, contracting, and ongoing contract administration activities within these services categories, as well as assisting with issue identification and resolution in coordination with internal stakeholders and suppliers. The role may also provide analytical and day to day support to senior/upper-level analysts who own specific services categories, helping with data analysis, strategic sourcing activities, execution of category strategies, and follow through on contract related actions.

Job Description

What You'll Do:

• Procures goods and services with a high value or complex requirements.
• Assesses business requirements, and matches procurement plans accordingly.
• Executes sourcing strategies based on category manager guidance and leading practices.
• Assists Category Managers with category strategy development.
• Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
• Coordinates and leads cross-functional category teams during sourcing events.
• Performs any required contract administration work related to a sourcing event.
• Develops negotiating strategy and leads negotiations.
• Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
• Establishes effective relationships with business partners and suppliers to support category strategies.
• Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
• Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
• Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
• Leverages contract knowledge to mitigate risks and maximize contract value.

What We're Looking For

• Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
• Experience: In customer service and/or procurement helpful.
• Preferred Qualifications:
  • Experience within construction services.
  • Excellent analytical, problem-solving, and time management skills desired.
  • Familiarity with Maximo and Cognos preferred.
  • Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers.

What You'll Get

In addition to competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

Where Putting The Customer First, Powers Everything We Do.

At AEP, we’re more than just an energy company- we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you’re passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

Compensation Data

Compensation Grade: SP20-006

Compensation Range: $74,551.00 - $93,188.50

Physical Demand Level for this job is

S - Sedentary. Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

Equal Employment Opportunity

It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

At American Electric Power, we provide more than electricity to our millions of customers - we energize possibilities. We’re redefining the true future of energy by reducing our carbon footprint, empowering the communities we serve and building an engaged, talented workforce. All while delivering the reliable service our customers expect. It’s an exciting time in the energy industry. Are you ready to be part of it? We’re looking for team members to help create the grid of the future. Learn more about our commitment to creating a supportive, inclusive work culture that values different experiences.