Procure-to-Pay Analyst
CoStar Group, Inc. - Washington, DC
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Procure-to-Pay AnalystExperience, qualification, and soft skills, have you got everything required to succeed in this opportunity Find out below.Job DescriptionCOMPANY INTRO: CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world's real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.ROLE DESCRIPTION: At CoStar Group, we have consolidated traditional Procurement and Accounts Payable strategic and operational activities into a single Procure-to-Pay (P2P) organization to support an integrated, end-to-end process workflow. We are currently seeking a Procure-to-Pay Analyst to join our team in our Washington, DC headquarters. The Procure-to-Pay Analyst will work with P2P leadership to develop the company's global sourcing strategy and expand our supplier base.RESPONSIBILITIES:Qualify vendors, evaluate bids, and negotiate prices and terms for purchased goods and services.Support and lead sourcing process alongside legal and internal stakeholders: identify local/global supply needs, initiate and manage all RFX processes, tender, and negotiate business terms and pricing with suppliers.Drive early procure to pay involvement and proactively conduct cost saving exercises.Setup and maintain supplier database in Oracle Cloud ERP system and work closely with the Financial Systems team on updates or issues with the Oracle Cloud ERP system.Initiate and assist the Business owners in the set-up of purchase orders, non-Catalog forms, and internal catalogs, punch-out catalogs in line with contracts or single-case procurement activities.Responsible for savings and KPI achievements and its reporting.Keep abreast of assigned category trends, market and economic conditions and other opportunities to leverage during overall negotiations of the local supply base.BASIC QUALIFICATIONS:Bachelor's degree from an accredited, not for profit University or College required.5+ years of indirect or direct spend experience with exposure to various categories and multiple buying platforms.2+ years of ERP system experience, with Oracle Fusion preferred.2+ years of knowledge about procure to pay principles, process and price/cost analysis methodology, and relevant legal terms and methodologies.2+ years of negotiation skills or education and good experience in supplier management.Proven relationship-building and problem-solving skills, with a strong attention to detail, and ability to set priorities.Strongly proficient in Microsoft Office, Syndicated Media Research tools, and presentation software.PREFERRED QUALIFICATIONS AND SKILLS:Strong customer care focus.Work well with a team and independently.Ability to work across multiple departments and spend categories.Experience with one of the following indirect spend categories preferred: technology, marketing, facilities, and construction.WHAT'S IN IT FOR YOU: Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program. Our benefits package includes (but is not limited to): Comprehensive healthcare coverage, 401(K) retirement plan with matching contributions, employee stock purchase plan, paid time off, and more.We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position. This position offers a base salary range of $73,700-$150,800, based on relevant skills and experience and includes a generous benefits plan.CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.#J-18808-Ljbffr
Created: 2024-11-06