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Purchasing Specialist - Arkadelphia, AR

Southern Bancorp
Arkadelphia, AR Full Time
POSTED ON 2/3/2025
AVAILABLE BEFORE 4/16/2025

Who We Are :

Southern Bancorp is more than a bank. As a Community Development Financial Institution (CDFI), a special certificate on designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals.

Job Summary :

The Purchasing / Investment / Insurance Coordinator manages all aspects of the purchasing program, supports management in collection and tracking of contracts, enters and maintains investments, and works with company insurance providers, coordinating all issues with claims including personal injury and workers compensation.

Responsibilities :

  • Purchases supplies and procures software and hardware for all entities of SBI based on management and vendor recommendations. Ensure delivery to locations and correct accounting for purchases.
  • Coordinates computer equipment hardware malfunctions by getting replacement parts and / or repairs done ASAP.
  • Maintains contracts with vendors for preferred pricing in all aspects of purchasing; conducts contract maintenance.
  • Notifies and collects "Requests for Proposals" from numerous vendors when contracts are expiring. Report findings to management in concise format and obtain management approval for purchases and contracts.
  • Sources and maintains copies of all contracts that any employee of SBI or its entities enters into on behalf of the company and save them in secure location for management.
  • Print and review invoices for accuracy, attach documentary approvals and code for Accounts Payables.
  • Completes the Daily ACH Vendor Review, checks mail daily for invoices, and updates monthly drafts for Accounts Payable
  • Review all purchasing invoices for accuracy, attach documentary approvals and code for Accounts Payables.
  • Track usage of supplies by branches and entities for planning and budgeting purposes and management reports.
  • Maintains security investment files including pledging, safekeeping, and reconciliations.
  • Administers company insurance policies including handling claims for property, liability and worker compensation issues, obtaining proof of insurance for all vendors, and tracking any BOLI policies as needed.
  • Provide reports as requested by management in any aspect of the business. (legal bill report, teller force balance report)
  • Complete all required or assigned training.
  • Perform other tasks as required by supervisor as they pertain to Southern and its mission.

Qualifications

Education, Experience, and Skill Requirements :

  • High School diploma or equivalent is required along with four years of bank operations experience; or an equivalent combination of education and / or work experience
  • Must be proficient in Microsoft Excel and 10 Key calculator
  • Aptitude for problem solving
  • Good written and oral communication skills
  • Strong computer skills including experience with Microsoft Office products
  • Excellent reasoning skills
  • Ability to work independently with minimal supervision
  • Must be able to operate a motor vehicle and maintain a valid driver's license and automobile insurance
  • Regularly required to sit, to talk, and to hear. Must occasionally stand and walk; reach with hands and arms; stoop, kneel, or crouch. May be required to lift or move up to 10 pounds occasionally.
  • Physical Demand & Work Environment : Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    LI-onsite

    What we offer our employees :

    A positive impact on Your Future :

  • 401(k) / Roth plan with immediate eligibility and employer match up to 6%
  • Employee stock ownership plan
  • Discounted rate on primary home mortgage
  • Credit and housing counseling as well as free financial education tools available to customers and employees
  • Benefits to improve your health :

  • No deductible medical insurance plan
  • Dental and vision insurance
  • Employer paid life and long-term disability insurance
  • Flexible Spending Accounts
  • The opportunity to nurture your well-being :

  • Paid holidays and paid time off
  • Bonus plan
  • Opportunity for merit raises
  • Employee reward and recognition programs
  • Community service opportunities
  • Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.

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