Lead Procurement Analyst

GM Financial•Fort Worth, TX

41d•Hybrid

About The Position

Global Procurement at GM Financial is a strategic, high-impact team that manages sourcing, contracts, and supplier relationships across the organization. You'll work with advanced processes, tools, and policies to drive efficiency and innovation, while collaborating with business units and suppliers worldwide. The role offers opportunities for professional growth, leadership, and exposure to diverse procurement operations, making it an ideal environment for those seeking to deliver value and shape the company's future. At GM Financial, our team members define and shape our culture - an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive. Our Purpose: We pioneer the innovations that move and connect people to what matters. About the Role: A Lead Procurement Analyst plans and directs the daily activities of one or more categories within a particular GMF functional area, based on a mid-term work plan (up to 12 months) and set of objectives. The category may be responsible for a range of goods and services, functional activity or geographical area. A Lead Procurement Analyst is able to develop and oversee the implementation of the team's operational strategy, designed to meet business partners' needs and issues. The Lead Procurement Analyst uses business, management, and technical expertise to identify issues, determine appropriate approaches and level of resources needed to solve them, and directs category team to execute to the plan. The Lead Procurement Analyst provides leadership to category peers, although they may not report directly. The Lead Procurement Analyst also makes proactive and thoughtful recommendations to GMF leadership about the direction of the category. A Lead Procurement Analyst builds strong working relationships with business partners, contractors, supplier, colleagues, and other industry stakeholders. The Lead Procurement Analyst ensures that effective contractual relationships are in place for external sourcing, which balances commercial arrangements with acceptable risk. The Lead Procurement Analyst manages specific projects and initiatives, which improve efficiencies and add value to the business.

Requirements

5-7 years background in Procurement; experience negotiating with vendors; Oracle or other procurement software experience required
Bachelor's Degree in Supply Chain Management, or closely related business field required

Nice To Haves

Multi-national work experience (in-country or in a support capacity) a plus
Proven track record and continually displays growth within managed category YoY
Is trusted by Senior Management when making decisions and managing staff
Demonstrated leadership capability
Ability to manage one or more categories: set direction and monitor results; assign projects; ensure priorities are clear and standards and delivery schedules are met; and remain informed of the services being provided
Ability to manage business partner relationships for a particular supply chain specialty: to understand business issues and requirements; to define services/outputs required; and to manage supplier/contractor relationships
Advanced/Expert level negotiation skills to drive savings, avoidance, and recovery for GMF - achieving substantial cost savings through negotiations, and category consolidation (supplier rationalization, demand optimization)
Advanced/Expert level development of strategic short-term/long-term category/sub-category strategy for responsible areas
Experience as a category lead for given category, and provides direction to GSMs, Specialists, and Analysts
Advanced/Expert ability in working with business and finance leaders to identify and drive savings and controllership improvements
Expert Ability to engage with market resources to derive at decisions around category supply base
Ability to maintain "subject matt expertise" in a particular supply chain specialty, in addition to adding second area of specialty, demonstrating the ability to present ideas and concepts to and influence management and business partners
Strong ability to influence and steer highly ethical process with business partners and suppliers
Desire to promote innovation and continual improvement in GMF operations
Expert analytic skills and ability to conceptualize and develop strategies and build models for business-related concepts
Expert verbal and written communication skills; ability to prepare and deliver compelling business presentations
Good organizational skills
Ability to operate effectively in an environment with changing priorities and a level of ambiguity

Responsibilities

Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. Process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk
Sourcing - finding, evaluating, and engaging suppliers of goods and services which includes defining business needs (identify what goods or services are required), market analysis (researching potential suppliers and market conditions), and develop sourcing strategy (deciding on the approach for sourcing - whether it's single-sourcing, multiple-sourcing, etc.)
Category Management - segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Tracking the market to understand pricing trends, regulatory changes, and innovation for the entire category.
Vendor Management - managing the interaction with vendors and maintaining good working relationships with the vendors and internal stakeholders to mitigate risks. Tasks include reducing vendor risks, ensuring service delivery, and help build stronger relationships with vendors which can lead to opportunities to negotiate better rates.
Process Development - drafting and design of processes under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process's objectives and to produce the process's desired outcome.
Procurement Operations - this involves every activity involved in obtaining the goods and services needed to support daily operations, including sourcing, negotiating terms, purchasing items, and documenting all the steps in the process. Additional roles can include: travel, company vehicles, telecom, invoicing, credit card administration, P2P processes ,procurement business systems, and corporate events.

Benefits

Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay, and nine company holidays

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