Senior Buyer - Procurement

Job Summary:

The Senior Buyer will be responsible for the procurement and program administration of assigned national goods and services. This position will be the Firm liaison to associated supplier(s) and/or categories.  The Senior Buyer will develop and negotiate contract terms for the Firm and identify and enact initiatives to reduce Firm costs of goods and services. The Senior Buyer will analyze and evaluate suppliers and contracts to avoid risk and achieve the best value for the Firm. The position will manage the contract execution process, resolve problems, mitigate delays and apply best practices for sourcing and the RFP/RFQ development. This position will work closely with internal stakeholders and with the supply base. The Senior Buyer will support and assist with the development and implementation of procurement initiatives that reduce Firm purchase and operational costs, promote profitability, and improve service experience for Firm employees and clients.

Job Duties:

Contract Management, Negotiation 

• Develops and negotiates contract terms for higher dollar spend or contracts/suppliers with higher risk factors for the Firm
• Contracts administration and contract management to include negotiating, establishing, monitoring and enforcing supplier contracts and agreements
• Analyzes and evaluates suppliers and contract agreements to avoid risk
• Works closely with the Office of General Counsel in the contract negotiation/execution process. Work with stakeholders and negotiate business terms
• Writes and issues RFPs, RFIs, RFQs and work closely with business stakeholders in the RFx process
• Obtains and communicates market condition information and technology trends related to commodities and suppliers
• Utilizes market trends to identify and implement appropriate cost controls and business strategy changes. Serves as an expert/consultant for analysis of market conditions and interpretation of trends

Sourcing and Supplier Management

• Works with the Procurement & Supply Chain Manager to lead, develop, and maintain a best in class sourcing function
• Leads sourcing analysis and selection process and perform cost analysis
• Leads the development of contract strategy for strategic suppliers
• Manages supplier relationships for the contracts this position manages and for key suppliers
• Performs business reviews for key suppliers
• Organizes and leads business reviews meetings
• Serves as liaison with suppliers and internal stakeholders 

Track Savings

• Prepares, manages and tracks savings
• Assists Procurement & Supply Chain Manager in reporting savings, and achieving department goals
• Manages renewals and track savings that are negotiated

Review Invoices/Contract Compliance

• Reviews invoicing and consolidated bills of assigned categories for conformance to contracts and policy
• Assists with any supplier payment issues and allocation activities, coordinating with AP, Finance and Firm internal customers

Other 

• Documents firm procedures for areas of responsibility, write and maintain standard work
• Reviews, advises and communicates best practices for national suppliers used by the firm
• Provides data and assists Firm’s internal divisions with projections, budgeting, and supplier service resolution
• Keeps interested departments advised with respect to lead time on critical services or products
• Expands and maintains procurement resources on the Portal for departmental and internal customer use. Coordinate communications and user training.
• Provides daily support to Firm internal customers on procurement matters
• Places and reconciles orders utilizing a purchasing card, in accordance with procurement department and card policies
• Works closely with AP and other departments on problem resolution
• Other duties as required

Supervisory Responsibilities:

• Provide day to day oversight of the purchasing assistant

Qualifications, Knowledge, Skills, and Abilities:

Education:

• Bachelor’s degree and three and (3) or more years of experience working in a purchasing/procurement role, required; focus in Business Administration or Supply Chain Management, preferred; OR
• High School Diploma and six (6) or more years of experience working in a purchasing/procurement role, required

Experience:

• Prior experience negotiating terms and contracts with various providers, preferred
• Prior sourcing experience and expertise with drafting and driving complex RFP’s, preferred
• Prior experience with drafting contract agreements, preferred
• Prior experience working within a professional services firm such as accounting, financial services, business advisory, and/or banking industries, preferred

License/Certifications:

• C.P.M. (Certified Professional in Supply Management – CPSM) or other equivalent certification, preferred

Software:

• Proficient in Microsoft Office Suite, specifically Word and Excel, required
• Oracle Cloud Fusion or similar software experience, preferred
• Proficient in online ordering and data management systems, preferred

Other Knowledge, Skills & Abilities:

• Strong skills in leadership, negotiations, and influencing
• Strong organizational abilities and problem-solving skills
• Ability to think strategically
• Excellent oral and written communication skills, able to communicate at various levels within and outside the organization
• Broad knowledge of current procurement strategies and best practices
• Ability to work independently and in a team environment

 

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

National Range: $65,000 - $75,000                                                                                                                                                           Maryland Range:  $65,000 - $75,000
NYC/Long Island/Westchester Range: $65,000 - $75,000

Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. 

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team.  BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. 

We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:

• Welcoming diverse perspectives and understanding the experience of our professionals and clients
• Empowering team members to explore their full potential
• Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
• Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
• Focus on resilience and sustainability to positively impact our people, clients, and communities
• BDO Total Rewards that encompass so much more than traditional “benefits.”  Click here to find out more!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

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