Procurement Analyst
Job Description
$60000 - $75000 / year
Vertafore is a leading technology company whose innovative software solution are advancing the insurance industry. Our suite of products provides solutions to our customers that help them better manage their business, boost their productivity and efficiencies, and lower costs while strengthening relationships.
Our mission is to move InsurTech forward by putting people at the heart of the industry. We are leading the way with product innovation, technology partnerships, and focusing on customer success.
Our fast-paced and collaborative environment inspires us to create, think, and challenge each other in ways that make our solutions and our teams better.
We are headquartered in Denver, Colorado, with offices across the U.S., Canada, and India.
We are looking for a Procurement Analyst to support our organization with contract negotiation, procurement processing, vendor management, and expense planning and analysis. In this position, you will work with our Finance team and business leaders across the organization to ensure they are receiving the goods and services they need to run the business at the best price possible, as well as providing in-depth analyses to support expense management and planning.
Core Requirements and Responsibilities:
Essential job functions included but are not limited to the following:
ยท Understand the needs of the business to procure the best equipment and services possible at the best price available
ยท Manage workflows related to purchase requests and approvals, order and contract execution, and purchase order issuance
ยท Development of internal and external Procurement policies and procedures, along with maintaining and upholding companywide communications and training sessions
ยท Develop, issue and lead procurement activity to find the best sourcing solutions that meet business requirements
ยท Lead and/or facilitate negotiations with Vendors for all categories of spend
ยท Maintain appropriate records within our financial management system and contract management system
ยท Work with vendors and our Accounts Payable team to ensure timely payment of invoices
ยท Develop and maintain detailed financial analyses on Vertafore's expenses
ยท Perform vendor reviews and identify opportunities for better expense efficiency
ยท Track contract end dates and proactively work to renew contracts on schedule
ยท Work with our Procurement leader to achieve strategic initiatives
ยท Proactively seek value/savings and efficiency opportunities across identified category spend
ยท Work with our Finance team and business leaders to develop accurate expense forecasts and plans
ยท Work with Legal and Compliance regarding new vendor processes, including the creation of MSA or MNDAs
ยท Drive continuous-improvement initiatives within procurement organization
ยท Other duties as assigned
Knowledge, Skills and Abilities:
ยท Proficient in spreadsheets, databases, Microsoft Office, and financial software applications
ยท Experience with statistical analysis
ยท Sound understanding of procurement practices and techniques
ยท Purchase Systems and order management software knowledge
ยท Strong presentation, reporting and communication skills
ยท High attention to detail, time management and interpersonal skills
ยท Effective management of workload and priorities
Qualifications:
ยท Proven working experience in procurement, finance, or accounting
ยท BS degree in Finance, Accounting, Economics, Supply Chain or related field
ย Additional Requirements and Details:
ยท Travel required up to 10% of the time.
ยท Located and working from an office location.ย #LI-Hybridย
ยท Occasional lifting and/or moving up to 10 pounds.
ยท Frequent repetitive hand and arm movements required to operate a computer.
ยท Specific vision abilities required by this job include close vision (working on a computer, etc.).
ยท Frequent sitting and/or standing.ย
Is this role not an exact fit for you? Keep an eye on our Careers Page for other positions!
Vertafore is a drug free workplace and conducts preemployment drug and background screenings.
The selected candidate must be legally authorized to work in the United States.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.
Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.
We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.
Vertafore is a Flexible First working environment which allows team members to work from home as often as youโd like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.Date Posted
01/07/2023
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