Procurement Analyst (Hybrid)

Company: CareFirst, Inc.
Location: Washington
Posted on: May 28, 2023

Job Description:

Resp & Qualifications PURPOSE:Oversees various procurement functions by coordinating with various teams and ensuring on time completion of procurement process. Provides financial support to the business, including but not limited to cost analysis, risk coordination, updating procurement forecast by coordinating with business team. Interfaces regularly with project managers, account managers, procurement and sourcing team, finance managers and business area directors. Supports large and/or complex procurements of HW/SW and professional services budget.Plans, organizes, and manages large scale or complex procurements for projects to ensure successful delivery of objectives, on time and within budget. Initiates, engages, and motivates cross-functional teams to deliver results. Identifies and mitigates risk and escalates as needed. Tracks progress and drives documentation to support project procurement needs. Ensures end to end leadership for procurement processes related to implementations, integration, business readiness and communications.ESSENTIAL FUNCTIONS:

• Coordinates with business owners and finance team to gather and finalize yearly budget for HW/SW.
• Create/ refine procurement pipeline for Baseline and SOW related projects.
• Consistently working with business team to validate upcoming procurements to ensure accuracy of completion date.
• Coordinate with procurement and financial analysts to map budget with various procurement requests.
• Coordinate with business owners to understand the need of new products and initiate sourcing requests to engage sourcing team.
• Coordinate with procurement and sourcing team to track and initiate approaching renewals.
• Facilitate meetings with business owner and sourcing team to kick off upcoming procurements
• Create business justification documents for senior leadership to provide visibility on procurements
  • Plans and produces various procurement reports. Analyzes trends, calculates, and verifies data. Interfaces with other areas to develop reporting specifications, methods, and procedures, and prioritizes requests.
    • Responds to special/ Ad-hoc analysis request by leadership team. Communicate with corporate management on financial processes and regulatory requirements.
    • Prepare procurement related financial data for presentation to senior leadership team.
      • Plans, coordinates, reviews, and analyzes budget with business owners.
        • Gathers, compiles, and interprets information collected through financial analyses to identify trends and provide insight for decision making.SUPERVISORY RESPONSIBILITY:Leads a team utilizing a matrix management system.QUALIFICATIONS:Education Level: Bachelor's Degree inProject Management, Business or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.Experience: 5 years as a project manager or experience as a team lead managing large budgetsPreferred Qualifications:
          • Project Management Professional Certification (PMP).
          • Knowledge of Agile Scrum projects, methods, and principles.
          • Must have a good understanding of IT infrastructure, financial and accounting rules for developing financial/procurement reports.
            • Hardware, SW, storage, network, data Centers and Mainframe.
            • Enterprise, and perpetual license
            • Cloud accounting experience
            • Professional services
            • MS Excel (complex queries and formulas)Knowledge, Skills and Abilities (KSAs)
              • Knowledge offinancial analysis and reporting data using financial rules.
              • Knowledge of accounting rules.
              • MS Excel.
              • Financial analysis.
              • Database entry and query software.
              • Excellent communication skills both written and verbal.
              • Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence.
              • Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.Department Department:Infrastructure Architecture &Equal Employment Opportunity CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of theCompany to provide equal employment opportunities to allqualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.Hire Range Disclaimer Actual salary will be based on relevant job experience and work history.Where To Apply Please visit our website to apply: Federal Disc/Physical Demand Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.PHYSICAL DEMANDS:The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.Sponsorship in US Must be eligible to work in the U.S. without Sponsorship.#LI-DM1

Keywords: CareFirst, Inc., Washington DC , Procurement Analyst (Hybrid), Professions , Washington, DC