Procurement Analyst

Bessemer Trust is seeking a Procurement Analyst with proven experience in an integrated ERP environment. Effective collaboration with multiple stakeholders and an analytical approach will be essential. In addition, the hired candidate will need a focus on enhancing controls and improving processes, strong communication and problem solving skills, and a desire to invest in building a successful career with a premier firm.

• Participate in the end-to-end procurement process (P2P) for office related purchases in Oracle Fusion ERP including:
• Receiving and processing requisitions
• Administering purchase orders
• Assisting the Accounts Payable department, as necessary
• Preparing and maintaining purchasing reports and records
• Monitoring status of orders, contracts, and related invoice payments
• Assisting in RFP/RFQ processes
• Ensuring product inventory is current and in compliance with departmental policies

• Performing periodic reviews of outstanding purchase orders and resolving any open issues

• Participate in the management of recurring contracts

• Properly recording and tracking contracts in Oracle ERP
• Coordinating with business owners during the contract renewal process
• Assisting the finance department with the development of annual project plans and quarterly forecasts relating to recurring contracts

• Participating in negotiations with external suppliers

• Assist in maintenance of the supplier registry in Oracle Fusion ERP

• Coordinating with business owners to onboard new vendors in ERP
• Aiding in the creation of supplier records in ERP

• Assisting in evaluation of supplier performance

• Serve as a resource for IT/Finance/Accounting in their preparation of requisitions

• Providing accounting specific support to stakeholders
• Initiating and coding purchase orders to facilitate appropriate accounting entries
• Communicating and enforcing procurement process policies and procedures

• An undergraduate business degree, required
• 1-3 years purchasing or procurement experience, preferred
• Knowledge of general procurement policies, procedures and best practices
• Understanding of the entire procurement cycle in an automated ERP environment, Oracle Fusion or equivalent preferred
• Proven ability to work well in a team environment
• Strong communication and interpersonal skills, both written and verbal
• Attention to detail and self-motivated
• Excellent problem solving skills and the ability to adapt to shifting priorities
• Strong PC skills and proficient in Microsoft Office with emphasis on Excel
• Experience with Tableau or equivalent (Qlik, Power BI, etc.)
• Able to work overtime as required, sometimes with short notice