Procure-to-Pay Analyst

Company: CoStar Group, Inc.
Location: Washington
Posted on: November 13, 2024

Job Description:

Procure-to-Pay AnalystJob 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.
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Keywords: CoStar Group, Inc., Potomac , Procure-to-Pay Analyst, Professions , Washington, Maryland