Senior Analyst, Procurement

Avis Budget Group; Parsippany-Troy Hills (NJ); On-site; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a key member of the Global Procurement team, where you will leverage your analytical expertise and negotiation skills to drive significant cost savings. This role focuses on Information Technology and Operations, offering the chance to collaborate with internal partners and manage vendor relationships effectively. You will be responsible for developing sourcing strategies, negotiating contracts, and ensuring compliance while fostering a culture of innovation. With a strong emphasis on teamwork and performance, this position provides an exciting opportunity to make a tangible impact on the organization’s bottom line.

Benefits

Paid time off

401K retirement plan

Medical, Dental, Vision Insurance

Employee discounts

Employee Assistance Program

Qualifications

• 3-5 years of direct procurement experience preferred.
• Demonstrated analytical expertise leading to financial impact.

Responsibilities

• Identify and implement procurement cost-saving opportunities.
• Review and negotiate commercial contracts with vendors.
• Manage supplier relationships and performance.

Skills

Analytical Expertise

Problem-Solving Skills

Negotiation Strategies

Communication Skills

Interpersonal Skills

Education

Bachelor's Degree

Job description

Who We Are:

Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose. Together, we're moving the future of transportation forward with our innovative, customer-focused solutions.

Our culture is performance driven, where we encourage and support each other to be at our best through leadership, training, tools, and rewards.

We are proud to make a positive difference to the lives of our colleagues, customers, and communities where we operate.

Summary:

This important hire is a key member of ABG's Global Procurement team. As such, it requires someone with demonstrated success in developing and implementing sourcing and procurement strategies and programs that meet company-wide cost savings and avoidance objectives. Our Global Procurement Team is a group of problem-solvers who work closely with each other and our stakeholders to align on business priorities and improve EBITDA outcomes through leveraging technology, improving processes, and optimizing our cost base for third party goods and services.

Your main focus areas will be Information Technology and Operations, which could range from supporting Information Technology partners to our Shared Services center, managing vendor relationships, implementing price negotiations, and managing various sourcing and buying projects, including RFPs.

Taking initiative and finding innovative ways of delivering solutions is not only encouraged, but expected, in our transformational Procurement Team. Essential duties, shown below, will vary accordingly based on objectives, business needs, and opportunities identified.

What you'll do:

• Identify, source, negotiate, and implement sourcing and procurement cost saving opportunities resulting in significant savings to the company across multiple categories of spend:
  • Develop sourcing strategies and a plan to implement them, including establishment of project milestones and deliverables
  • Work with internal business partners to align on business objectives and requirements, identify suppliers, develop bid specifications, solicit bids, and obtain proposals
  • Analyze proposals and quantifies financial impacts of alternatives
  • Develop negotiation strategies
  • Recommend and present the most cost effective solutions to Procurement management and stakeholder senior management; recommendations are fact-based and supported with data and clear analyses
  • Coordinate with international peers to share insights and best practices, as well as discover global synergies
• Review, draft and negotiate a range of commercial contracts
  • Assess commercial risk of contracts, terms and conditions
  • Draft and edit terms and conditions accordingly to ensure supplier accountability and achieve business objectives, including risk mitigation
  • Act as a contract liaison between the organization and vendors, ensuring contracts and vendors are in compliance with legal, regulatory and organizational policies
    • Lead internal pre-contract discussions for organizational alignment
    • Lead negotiations with vendors, ranging from new MSAs to SOW renewals
  • Monitor the contract process and vendor compliance with agreed upon terms
  • Provide technical guidance to employees, colleagues and customers
• Own the Supplier Relationship Management (SRM) process for the business and is accountable to drive supplier management for key suppliers in his/her area of responsibility
  • Establishes and conducts regular quarterly/monthly supplier reviews to ensure contract compliance, review SLAs and explore ongoing improvements
  • Creates relevant dashboards, supplier and performance reporting for business partners and Procurement leadership
• Work with key business partners to develop sourcing and procurement plans that align to business needs while adapting to changing market conditions
• Establish and communicate purchasing policies and guidelines that effectively balance administrative burden, cost savings, and risk/liability
• Act as a strategic partner with stakeholders to support their business objectives
• Work collaboratively as a team player to learn, share best practices and support to maintain focus on the collective team's EBITDA and cost savings objectives

You should apply if you bring:

• Bachelor's Degree with real-world professional work experience.
• Demonstrated analytical expertise and problem-solving skills that have led to quantifiable financial impact.
• 3-5 years of direct procurement experience or knowledge of relevant indirect sourcing categories is preferred.
• High degree of intellectual curiosity, analytical aptitude, and attention to detail with a problem-solving orientation
• Outstanding communication and presentation skills, capable of synthesizing and presenting information clearly
• Success engaging and presenting to senior leadership
• Excellent interpersonal skills with the ability to become a strategic business partner

Benefits you'll receive:

• Paid time off
• 401K retirement plan with company matched contributions
• Access to Medical, Dental, Vision, Life and Disability insurance
• Eligible to elect other voluntary benefits including: Group Legal, Identity Theft, Insurance, FSA, additional life insurance coverages
• Contribute up to $260 as a tax free benefit for public transportation or parking expenses
• Employee discounts, including discounted prices on purchase of Avis / Budget cars
• Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service, and more

The fine print:

Avis Budget Group is an Equal Opportunity Employer - Qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other category protected by applicable law.

This advertisement does not constitute a promise or guarantee of employment. This advertisement describes the general nature and level of this position only. Essential functions and responsibilities may change as business needs require. The compensation and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law. This position may be with any affiliate of Avis Budget Group.

ParsippanyNew JerseyUnited States of America