Job Description

Job Title: Procurement Analyst

Position Overview

A dynamic and growing organization is seeking a Procurement Analyst to join its collaborative and performance-driven team. This role is ideal for a detail-oriented professional with a background in procurement and finance who thrives in a fast-paced environment. The ideal candidate will play a key role in managing purchasing activities while supporting budgeting, reporting, and continuous process improvements.

Key Responsibilities

• Supplier Management: Identify, assess, and manage supplier relationships to ensure quality, reliability, and cost-effectiveness.
• Procurement Operations: Oversee the full procurement cycle from requisition to fulfillment, including issuing purchase orders, managing contracts, and conducting vendor negotiations.
• Financial Reporting: Assist in the preparation and review of monthly, quarterly, and annual financial reports, ensuring accuracy and timeliness.
• Budgeting and Forecasting: Support the development and monitoring of departmental budgets, forecasts, and variance analysis.
• Inventory Oversight: Track inventory levels and coordinate material replenishment to prevent stock shortages and maintain production continuity.
• Cost Optimization: Perform detailed cost analyses and market research to uncover savings opportunities and enhance procurement strategies.
• Process Improvement: Recommend and implement enhancements to procurement and financial workflows to improve operational efficiency.
• Regulatory Compliance: Ensure adherence to financial regulations and accounting standards, including GAAP.

Qualifications

• Education: Bachelor’s degree in Business, Finance, Supply Chain Management, or a related discipline, or equivalent practical experience.
• Experience: At least 3 years in a procurement, finance, or accounting position, preferably within a manufacturing or industrial setting.
• Technical Skills: Proficient in ERP systems (experience with NetSuite is a plus). Skilled in Microsoft Excel, Word, and Outlook.
• Core Competencies: Strong analytical abilities, effective communication skills, and a detail-oriented approach to task execution.

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