Senior Procurement Analyst

Millennium Management; New York (NY); On-site; USD 70,000 - 160,000; Full time

Job summary

An established industry player is seeking a dynamic Senior Procurement Analyst to drive sourcing strategies and negotiate agreements across diverse categories. This role involves collaborating with internal stakeholders and vendors to enhance supplier relationships and achieve cost efficiencies. The ideal candidate will be detail-oriented and thrive in a fast-paced, entrepreneurial environment. With a competitive compensation package and opportunities for professional growth, this position is perfect for those passionate about procurement and process improvement. Join a team that values innovation and results-driven approaches to procurement.

Qualifications

• 3+ years of indirect procurement experience required.
• Strong communication and problem-solving skills are essential.

Responsibilities

• Develop sourcing strategies and negotiate agreements for various categories.
• Analyze data to identify cost savings and process improvements.

Skills

Sourcing and procurement experience

Excellent communication skills

Problem-solving

Ability to prioritize in fast-paced environments

Team player

Education

Bachelor's Degree in Business

Tools

Oracle

Procure-to-Pay systems

Tableau

Job description

Senior Procurement Analyst

Job Function Summary

The firm is looking for a high-energy, results oriented Senior Procurement Analyst. The individual will be responsible for providing requisitioning, negotiating, and order placement services. Responsibilities include analyzing user requests, soliciting vendor proposals, negotiating pricing, reviewing agreement terms and preparing competitive events / RFPs as needed. In addition, the Analyst will work with internal stakeholders and vendors to drive continuous cost and process improvements. The role requires a detail-oriented, creative individual, who is comfortable working in a highly collaborative and entrepreneurial environment.

Principal Responsibilities

• Formulate and deploy sourcing strategies and drive the negotiation of agreements for goods and services across multiple categories of spend including software, technology equipment, facility management/real estate related services, HR services, professional services, subscriptions, and general supplies.
• Coordinate with internal stakeholders and vendors to develop best in class strategies to deliver value and minimize risk.
• Identify opportunities for consolidation of suppliers and ways to enhance relationships with existing suppliers
• Extract and analyze data to support the identification of cost savings, process efficiency, and risk mitigation opportunities.
• Conduct market research to identify potential suppliers and assess industry trends.
• Drive process improvement and efficiencies within the system across the firm

Qualifications/Skills Required

• Bachelor's Degree (business related) and 3+ years of indirect procurement experience
• Sourcing and procurement experience in both technology and non-technology categories of spend
• Driven, innovative, results-oriented and persistent with a positive attitude and high interest in problem solving.
• Excellent communication skills, both oral and written
• Ability to actively listen and engage in conversation to uncover relevant information and identify solutions.
• Quick learner, detail oriented and strong ownership of work. Ability to establish working relationships with all levels of staff, management and vendors.
• Able to prioritize in a fast moving, constantly changing environment; high sense of urgency.
• Team player with a strong willingness to participate and help others.
• Experience with Oracle or Procure-to-Pay systems and Tableau

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $70,000 to $160,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package