Sourcing Analyst - Software - Finance & Administration

The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen. **What's the role?** The Global Procurement team runs all activities and workflows to procure hardware, software, consulting services and much more for internal lines of business to achieve the maximum value to Bloomberg while also leading supplier contract management and risk controls. Under one umbrella we work together to develop efficient solutions through new technologies and processes to keep up with Bloomberg's dynamic environment and business needs while ensuring the highest level of customer service. You are excited about negotiating that next deal, being part of a Global Department delivering top quality service and advice. Our resourceful and dynamic Engineering Procurement Department is looking for an experienced Technology Software Sourcing Analyst to join its US Headquarters based in New York. You will build and manage relationships with our internal clients and the vendors who support our exciting and varied requirements across the whole US region. You will need to show good knowledge of advanced software procurement principles, strong negotiating skills and an eye for detail. You will be part of the US team supporting multiple internal stakeholders, from a wide spectrum of departments with many and varied needs, in a fast-paced demanding environment. Working with the Regional Manager, you, as part of the Sourcing Team, will develop and execute supply strategies for multiple categories, with a heavy focus on software. You will also be managing your own supply base ensuring stakeholders get what they want, when they want it and at the best value possible. We are a Global Procurement Department, who, working with our internal clients, devise strategies based on the varied requirements of a fast pace cutting edge business with a truly global presence. **We'll trust you to:** + Lead and implement less-complex agreements and renewals, including interactions with the vendor, legal, business unit, and procurement operations + Negotiate contract terms with vendors to ensure value for money, quality standards and delivery terms with technical and operational input from collaborators and your team as appropriate + Settle specifications and requirements for products and services + Become your teams Subject Matter Authority on procurement systems and data reporting and management + Maintain and oversee the teams sourcing project pipeline + Be your teams primary interface with Procurement Operations, Accounts Payable, and Supplier Life Cycle Management teams for non-contract issues + Ensure adherence to the sourcing policies and thresholds set by the Global Procurement Team + Help develop or update sourcing or purchasing policies as needed + Build strong and lasting relationships with internal collaborators and key suppliers to understand their businesses and needs + Work collaboratively and support the Sourcing Managers to negotiate and engage with key collaborators to facilitate delivery and compliance with the procurement strategy + Support the Team Leads and Sourcing Managers in: + Working with cross-BU collaborators to ensure "One Bloomberg" approach to common suppliers + Developing sourcing strategies and leading a robust strategic sourcing pipeline + Understanding the internal and external environment for the goods/services required + Building negotiation strategies and closing deals with optimal terms + Engage collaborators across various business units and/or geographies + Understand the impact of market changes and potential effects on suppliers + Provide guidance on the sourcing and purchasing process to collaborators + Respond to collaborator requests in an accurate and timely manner + Provide support to the rest of the team to make sure we deliver first class customer service + Support regional sourcing opportunities as needed + Work with your TL to create and implement a Development Plan to be ready for career advancement on an agreed timeframe **You'll need to have:** + Up to 5 years experience in a software procurement or sourcing role + Experience independently negotiating and implementing vendor agreements + Customer Service skills (including issue resolution, problem solving, timely delivery & ownership of tasks) + Excellent communication, interpersonal skills, and attention to detail + Demonstrable collaborator engagement abilities + Good project management and supplier management skills + Familiarity with E-Sourcing and contract management tools + Very strong ability to gather, analyze, and report on internal data sources as well as capture external data and combine with internal sources to inform sourcing decisions + Education to degree level, CIPS or combination of education and work experience + Ability to interact optimally in a cross-functional environment with multiple levels of collaborators + Ability to learn new applications relevant to the role **We'd love to see:** + Basic negotiation skills + Application of negotiation, accounting, and purchasing principles + Knowledge of Regulatory/Compliance contracting + SAP or other ERP systems knowledge + Bloomberg Terminal knowledge + CPP / CIPS / CPM **Does this sound like you?** Apply if you think we're a good match. We'll get in touch to let you know that the next steps are, but in the meantime feel free to have a look at: Salary: 80000,95000,USD,Annual Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law. Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email

Created: 2024-10-22