Procurement Specialist
Job Description:
We are seeking a detail-oriented and tenacious Procurement Specialist to join our team at EDB. This position will report to the USA based Manager, Global Procure-to-Pay (P2P). The position will play a key role in ensuring our newly launched P2P function runs smoothly and efficiently. The ideal candidate can handle multiple tasks at once, excellent communicator and the ability to thrive in a fast-paced, collaborative environment.
As a Procurement Specialist, you will lead the entire Procure-to-Pay (P2P) lifecycle, from initial requisition review to issuing purchase orders and vendor management. You will be responsible for ensuring accuracy by verifying requisition details, confirming that the right contract agreements have been provided for review, and consistently achieving our Procurement SLAs by dispositioning requisitions in a timely yet low-risk manner.
A key aspect of this role involves vendor contract experience. You will independently be reviewing, redlining and processing low to mid risk vendor contracts, including Master Service Agreements (MSAs), Statements of Work (SOWs), and Order Forms. This requires an understanding of terms in conditions in standard vendor agreements. At times, you will be handling agreements without direct Legal involvement.
What your impact will be:
Oversee the entire Procure-to-Pay (P2P) lifecycle. You will be responsible for ensuring accuracy by verifying requisition details, confirming appropriate contract agreements have been provided for review, issuing POs and vendor management.
Partner closely with employees submitting requisitions to thoroughly understand their purchase requests. Proactively ask clarifying questions to ensure accurate and timely ordering.
Ensuring medium to high risk vendors are set up with NDAs. Review, redline and process low to mid risk vendor contracts, including Master Service Agreements (MSAs), Statements of Work (SOWs), and Order Forms.
Work closely with our Legal, Security, InfoSec and Privacy Teams to ensure compliance with purchase requests.
Coordinate the approval and signature process, ensuring all required documentation is properly completed and stored.
Proactively identify and pursue cost savings opportunities across all procurement activities.
Uphold strict adherence to company procurement policies, established procedures, and all relevant regulatory requirements.
Work in close partnership with the Accounts Payable team to efficiently review and resolve any invoice discrepancies, ensuring accurate and timely payments to suppliers.
Conduct regular and thorough audits of purchase orders to identify and address any discrepancies, including POs that have not been invoiced, have been partially invoiced, or have been fully delivered but not yet closed. This proactive approach ensures data integrity and optimizes financial closure
What you will bring:
Bachelor’s degree in business, finance, accounting, or a related field, or equivalent professional experience.
A strong knowledge of vendor contracts.
3+ years of relevant P2P experience; Zip or Coupa experience strongly preferred.
Ability to have a high level of attention to detail while efficiently managing multiple tasks and deadlines.
Excellent communication and interpersonal skills with the ability to work effectively with global teams.
Demonstrated teamwork skills and capabilities, with a strong ability to collaborate effectively as part of a team and contribute to successful project outcomes.
Experience working in a remote environment for a global organization is strongly preferred.
About the job
Apply for this position
Procurement Specialist
Job Description:
We are seeking a detail-oriented and tenacious Procurement Specialist to join our team at EDB. This position will report to the USA based Manager, Global Procure-to-Pay (P2P). The position will play a key role in ensuring our newly launched P2P function runs smoothly and efficiently. The ideal candidate can handle multiple tasks at once, excellent communicator and the ability to thrive in a fast-paced, collaborative environment.
As a Procurement Specialist, you will lead the entire Procure-to-Pay (P2P) lifecycle, from initial requisition review to issuing purchase orders and vendor management. You will be responsible for ensuring accuracy by verifying requisition details, confirming that the right contract agreements have been provided for review, and consistently achieving our Procurement SLAs by dispositioning requisitions in a timely yet low-risk manner.
A key aspect of this role involves vendor contract experience. You will independently be reviewing, redlining and processing low to mid risk vendor contracts, including Master Service Agreements (MSAs), Statements of Work (SOWs), and Order Forms. This requires an understanding of terms in conditions in standard vendor agreements. At times, you will be handling agreements without direct Legal involvement.
What your impact will be:
Oversee the entire Procure-to-Pay (P2P) lifecycle. You will be responsible for ensuring accuracy by verifying requisition details, confirming appropriate contract agreements have been provided for review, issuing POs and vendor management.
Partner closely with employees submitting requisitions to thoroughly understand their purchase requests. Proactively ask clarifying questions to ensure accurate and timely ordering.
Ensuring medium to high risk vendors are set up with NDAs. Review, redline and process low to mid risk vendor contracts, including Master Service Agreements (MSAs), Statements of Work (SOWs), and Order Forms.
Work closely with our Legal, Security, InfoSec and Privacy Teams to ensure compliance with purchase requests.
Coordinate the approval and signature process, ensuring all required documentation is properly completed and stored.
Proactively identify and pursue cost savings opportunities across all procurement activities.
Uphold strict adherence to company procurement policies, established procedures, and all relevant regulatory requirements.
Work in close partnership with the Accounts Payable team to efficiently review and resolve any invoice discrepancies, ensuring accurate and timely payments to suppliers.
Conduct regular and thorough audits of purchase orders to identify and address any discrepancies, including POs that have not been invoiced, have been partially invoiced, or have been fully delivered but not yet closed. This proactive approach ensures data integrity and optimizes financial closure
What you will bring:
Bachelor’s degree in business, finance, accounting, or a related field, or equivalent professional experience.
A strong knowledge of vendor contracts.
3+ years of relevant P2P experience; Zip or Coupa experience strongly preferred.
Ability to have a high level of attention to detail while efficiently managing multiple tasks and deadlines.
Excellent communication and interpersonal skills with the ability to work effectively with global teams.
Demonstrated teamwork skills and capabilities, with a strong ability to collaborate effectively as part of a team and contribute to successful project outcomes.
Experience working in a remote environment for a global organization is strongly preferred.