Analyst - Procurement

Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:

 - We’ve funded over $100 billion in loans for our customers, more than any other fintech

 - We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021

 - We are Forbes’ Best Online Mortgage Lender for 2023

 - We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans

 - We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world

 - And we’re just getting started!

We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive. 

Description:

We are seeking a detail-oriented Procurement Analyst to enhance our Procurement processes and manage Purchase Orders and supplier relationships. The ideal candidate will evaluate Procurement strategies, monitor PO cycle & related contracts. Strong analytical skills and a solid understanding of accounting principles are essential for assessing data and recommending process improvements. This role also involves effective communication with various stakeholders. As a valued member of our team, you will have the opportunity to contribute significantly to our strategic Procurement initiatives while further developing your skills in a fast-paced environment.

Responsibilities:

· Oversee the complete procure-to-pay (P2P) process, from requisitions to Purchase Orders, and manage supplier onboarding

· Evaluate supplier performance and develop metrics to ensure compliance with agreements and organization standards

· Review agreements related to requisitions to understand the terms and conditions being settled to the best of your ability

· Conduct detailed analysis of purchasing patterns and trends to identify opportunities for process improvements

· Assist in preparing Procurement dashboards/reports (for invoices and the related POs)

· Collaborate with cross-functional teams to establish and implement procurement strategies that meet organizational needs.

· Prepare comprehensive reports on Procurement activities, and market trends for management review

· Maintain accurate Procurement records to ensure data integrity and security for auditing purposes

- Monitor industry trends and best practices in Procurement to continuously enhance our processes and strategies

Requirements:

· Bachelor/ Master’s degree in Accounting, Finance, Business Administration, or related field

· 2-4 years of experience in a dynamic high-tech Procure-to-Pay environment

· Background in Procurement or Vendor Management, with a solid grasp of P2P strategies and supplier relationship management

· Strong analytical skills with the ability to interpret data and generate actionable insights

· Excellent communication and interpersonal skills

· Ability to work independently and in a team-oriented environment, managing multiple tasks and priorities efficiently

· Familiarity with Procurement software (preferably Coupa and NetSuite) and Microsoft Office, especially Excel

· Knowledge of contract management and regulatory requirements

Company Benefits

In Office Perks 

Experience our comprehensive office perks, including daily meals and transport facility for commuting to and from the office, available for all employees coming to the office.

Health & Well-being

Our comprehensive medical plan is available for you, your spouse and dependents. Employees are covered under Mediclaim, Group Term life insurance and Accidental insurance.

Other Perks at Better

Experience flexibility with our night shift allowance, work from home allowance and transportation allowance, where applicable. We prioritize your convenience.