Buyer II

Electra • Boulder, CO

3d • $75,000 - $85,000

About The Position

We're transforming one of the world’s oldest industries with cutting-edge technology and an innovative approach. Backed by top-tier investors and recognized by Time as one of the "best Inventions of 2024" and Fast Company as one of 2024's "Next Big Things in Tech", Electra is scaling rapidly and we're looking for bold, driven individuals to help us reshape the future of iron production. If you're ready to make a real impact in a company that's redefining heavy industry for a cleaner, smarter world, we want to hear from you.
The Procurement Operations Buyer II role is responsible for all tactical and transactional procurement activities relating to purchasing of goods and services in support of our business activities. The role takes ownership over the procurement elements of the procurement process and works in conjunction with the other arms of the Procurement and Supply Chain function, as well as Accounting and Finance to ensure seamless procurement process flow. This position involves interfacing with suppliers and internal stakeholders and will support delivery of select procurement related projects. The role is required to assist and support daily interactions with internal stakeholders, conduct spot-buy processes, and facilitate procurement process improvement. The individual will also assist in managing supplier and NetSuite user procurement Compliance as well as the development and institution of best practices, in line with companywide growth objectives.

Requirements

• Bachelor’s degree in supply chain management, business administration, engineering, or related field, or equivalent work experience
• 2+ years of experience in procurement, sourcing, or supply chain roles, preferably within a manufacturing or operations environment
• Applies standard techniques and judgment to analyze routine to moderately complex issues, determine appropriate actions, and adapt processes as needed
• Works independently on day-to-day responsibilities with minimal guidance, managing varied tasks and priorities effectively
• Strong communication and stakeholder management skills, with proficiency in Microsoft Office tools (Excel, Word, PowerPoint, Outlook, OneDrive, SharePoint)

Nice To Haves

• Strong financial acumen
• Proficiency with procurement and ERP systems, preferably NetSuite
• Ability to manage multiple priorities, exhibit a sense of urgency, and maintain equilibrium in a fast-moving and changing startup environment
• Strong analytical skills, with a focus on data-driven decision-making
• Professional certification, such as CSCP or similar

Responsibilities

• Develop an end-to-end understanding of Electra’s Procurement purchasing process including requisition and purchase order creation, post-order management and invoice payment
• Support delivery of all aspects of the procurement process including development of best practices for Procurement operations, procurement software enhancements and Procurement process training
• Oversight of Procurement transactions to ensure accuracy, timeliness and compliance to Procurement policies. Manage escalations as appropriate
• Works with the leader of Procurement Technology and Operations for creation and documentation of workflows, templates and training materials as a subject matter expert in procurement processes, systems and policies. Conduct training on systems and processes related to procurement activities
• Responsible for accurate procurement platform content, availability of system content to end users, and supplier portals, as implemented
• Drive continuous innovation and proactively identify areas for Procurement process improvement, develop process improvement initiatives and implement process and customer service level improvements
• Utilize operational knowledge to provide suggestions for cost reduction to the Strategic Sourcing side of the Procurement and Supply Chain team
• Identify solutions to stakeholder requests, follow through until open requests are resolved along with providing any necessary training and education
• Serve as an escalation contact when system or service issues arise in regards to suppliers and/or with internal departments
• Partner with Accounts Payables in relation to post order management to ensure accurate reporting and other financial commitments
• Take a data-driven approach to analyze Procurement performance through KPI metric analysis
• Collaborate with other internal stakeholders as required to ensure alignment on project goals, timelines, and procurement activities
• Read, understand, and comply with all workplace health and safety policies, safe work practices, and company policies and procedures
• Perform other duties as assigned by supervisor

Benefits

• 100% paid premiums across all medical, dental, vision, telemedicine, short-term disability, long-term disability, and basic life insurance plans
• $1,800 in annual employer HSA contributions (health savings account)
• 100% paid premiums across all medical, dental, vision, and telemedicine plans
• 12 weeks of paid parental leave
• 401k with up to 5% matching contributions which vest 100% on day one
• Eligibility for incentive stock options

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees