Lead Procurement Analyst

GM Financial•Fort Worth, TX

2d•Hybrid

About The Position

A Lead Procurement Analyst leads one or more procurement categories within a GMF functional area, managing day ‑ to ‑ day activities based on a mid ‑ term plan and objectives. The role develops and executes category strategies to meet business needs and address risks. This position provides leadership and influence across category peers and stakeholders, even without direct reporting responsibility. The Lead Procurement Analyst partners closely with internal teams and external suppliers to ensure effective sourcing and strong contractual frameworks. The role makes proactive recommendations to leadership and manages projects that improve efficiency and add business value.

Requirements

5+ years of experience in Procurement; negotiating with vendors; Oracle or other procurement software experience required
Bachelor’s Degree in Supply Chain Management, or closely related business field required
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
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
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
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
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

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

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.
travel
company vehicles
telecom
invoicing
credit card administration
P2P processes
procurement business systems
corporate events