What are the responsibilities and job description for the Procurement Manager position at BDO?
Job Summary:
The Procurement Manager will play an integral role in managing and controlling the Firm’s Indirect spend through commodity/category and contract management tactics. This role will be responsible for developing a Professional Services and Consulting commodity/category strategy, setting our strategic direction related to managing and controlling spend across the enterprise. The Procurement Manager will utilize procurement/sourcing techniques, contract negotiation and advanced supplier management methods in order to execute upon their commodity strategy. This role will have management responsibility.
Job Duties:
Commodity/Category Strategy Development and Execution:
- Perform spend & market analysis and be able to translate that into strategy
- Provide market insights when needed
- Create innovative strategies for cost reductions, quality, and delivery
Sourcing through Request for Proposal (RFP), Request for Information (RFI) and Request for Quotations (RFQ):
- Collaborate with internal business partners to determine requirements
- Develop sourcing strategies, based on market analysis, trends, and total cost of ownership
- Utilize cost analysis and comparative bid analysis
Supplier Management:
- Provide measurement of supplier conduct and performance as needed
- Conduct periodic supplier business reviews
- Issue resolution, performance, delivery, corrective and preventative action
- Monitor supplier compliance with statutory and regulatory requirements
Drafting, negotiating and executing contractual documents including but not limited to Master Service Agreements, Statements of Work, and Letter Agreements:
- Successfully negotiate single transactions and longer term commitments
- Lead major contract negotiations
Other:
- Provide professional summaries and recommendations
Supervisory Responsibilities:
- Monitors and provides performance feedback of all personnel reporting to this position
- Ensures all direct reports are effectively trained on systems and processes
- Assists direct reports with prioritization of workload, communications, etc. and delegates work assignments to direct reports as appropriate
Qualifications, Knowledge, Skills & Abilities:
Education:
- Bachelors’ degree in Business Administration, Supply Chain Management, or other related field OR equivalent work experience, required
Experience:
- Five (5) or more years of experience working in a purchasing/procurement role required with a degree
- Ten (10) or more years of experience working in a purchasing/procurement role required without a degree
- Prior experience negotiating terms and contracts with various providers, required
- Prior sourcing experience and expertise with drafting and driving complex RFP’s, required
- Prior experience with drafting contract agreements, required
- Prior experience working within a professional services firm such as accounting, financial services, business advisory, and/or banking industries, preferred
License/Certifications:
- C.P.M. (Certified Professional in Supply Management - CPSM) certification, preferred
Software:
- Proficiency with Microsoft Office Suite, specifically Word and Excel, required
- PeopleSoft Financials or similar software experience, preferred
- Proficient in online ordering and data management systems, preferred
Language:
- N/A
Other Knowledge, Skills & Abilities:
- Strong organizational abilities and problem solving skills
- Broad knowledge of current purchasing strategies and methods
- Good oral and written communication skills
- Financial acumen
- Analytical ability
- Ability to work independently and in a team environment
- Excellent time management skills
- Analytical thinking such as, relating and comparing data from different sources.
- Presentation and communication skills
- Project management skills
Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions.
We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:
- Welcoming diverse perspectives and understanding the experience of our professionals and clients
- Empowering team members to explore their full potential
- Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
- Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
- Focus on resilience and sustainability to positively impact our people, clients, and communities
- BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!
- Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets