What are the responsibilities and job description for the Procurement Analyst position at Vantage Point Consulting Inc.?
Job Title: Procurement Analyst
Location: Chicago, IL 60637 (occasionally be onsite- once in a month)
Position: 3 months
Qualifications:
Seeking excellent Excel experience and communication
Competencies:
• Basic knowledge of accounting principles and accounts payable practices/techniques
• Ability to communicate effectively and professionally both verbal and written
• Ability to participate as a team player and positively influence group activity
• Proven problem solving and analytical skills
• Working knowledge of interfaces between accounts payable and other financial systems
• Attention to detail
• Ability to prioritize and handle numerous tasks daily
• Excellent verbal and written communication skills required
• Bachelor's degree required, preferably in accounting or business administration
Experience
• A minimum of two years business experience required
• Proficient in Microsoft Excel
• Experience in a customer service environment required
• Strong personal computer skills required
Desired Qualifications:
• Previous experience in a higher education institution
• Familiarity with administrative processes, procedures, and systems within a university setting
• Prior experience as a functional user with an ERP system, preferably Oracle Fusion
• Demonstrated ability to use analytical techniques to reconcile financial data and review and process financial documents
• Proficiency in the use of spreadsheet and database software
• Shown intermediate to advanced proficiency in the use of Excel (VLOOKUP, pivot tables, etc) and other database software’s (i.e. Cognos, Tableau, Oracle, etc.)
• Openness to change, adapts, and works effectively in a variety of situations, individuals or groups is preferred
Technical Knowledge or Skills
• Experience working with Microsoft Excel, Word, and databases required
Responsibilities:
A procurement analyst builds new relationships between the company and vendors and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all. Procurement analysts hold a position that requires a large amount of contact with outside vendors, and so strong written and verbal communications skills are vital. The analyst must present be strong yet reasonable with the vendor, so both sides understand clearly the terms of any prospective agreement. Attention to detail and strong analytical skills are also vital for correct analysis of procurement data and to make sure that the company honors its obligations. As the position requires meetings with clients and possible inspections of facilities, the applicant should be prepared to split office time with potentially considerable amounts of travel.