Procurement Specialist

2 Months ago • 3 Years + • $80,000 PA - $85,000 PA

Job Summary

Job Description

The Procurement Team at Clearwater is seeking a Procurement Specialist to support the execution and strategic direction of the company's sourcing and purchasing programs. The role involves developing sourcing strategies, managing procurement initiatives, and optimizing supplier relationships. Responsibilities include supporting procurement strategies, leading sourcing for indirect spend, negotiating contracts, managing vendor relationships and performance, collaborating with internal business partners, and maintaining accurate procurement records. The ideal candidate will have a strong understanding of purchasing processes, knowledge of purchasing systems, and excellent attention to detail.
Must have:
  • 3+ years of experience in Procurement or Purchasing
  • Bachelor's Degree
  • Strong understanding of purchasing processes
  • Knowledge of purchasing systems
  • Team-oriented approach
  • Ability to manage multiple tasks
  • Strong attention to detail
Good to have:
  • Ability to influence without authority
  • Problem-solving skills
Perks:
  • health insurance
  • vision insurance
  • dental insurance
  • 401(k)
  • PTO
  • parental leave
  • medical leave
  • STD insurance
  • LTD insurance

Job Details

The Procurement Team at Clearwater is currently seeking a Procurement Specialist. In this role, you will support the execution and strategic direction of Clearwater’s sourcing and purchasing programs. The ideal candidate will support the development of sourcing strategy, manage procurement initiatives, and work with business partners to optimize supplier relationships.

Responsibilities:

  • Support the execution of procurement strategies for the organization

  • Lead sourcing opportunities for indirect spend across several categories

  • Negotiate contracts with third party suppliers for favorable pricing and terms

  • Manage vendor relationships and performance through business reviews as part of Supplier Relationship Strategy

  • Build relationships with internal business partners, providing support with regard to supplier management

  • Maintain accurate Procurement records and data in Coupa

  • Cross-Functional Collaboration: work with related teams to ensure compliance with regulations, policies, and contract terms; collaborate with finance and accounting teams


Requirements:

  • 3+ years experience in Procurement or Purchasing

  • Bachelor's Degree

  • Strong understanding of purchasing processes and procedures

  • Knowledge of purchasing systems

  • Team-oriented approach, ability to influence without authority

  • Ability to manage multiple tasks at once, understanding how to prioritize and communicate progress while working independently

  • Strong attention to detail, organizational and problem-solving skills

Salary Range

$80,000.00-$85,000.00

This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class

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About The Company

Clearwater Analytics (NYSE: CWAN) is the leading provider of web-based investment portfolio accounting, reporting, and reconciliation services for institutional investors at thousands of organizations.


Clearwater aggregates, reconciles, and reports on more than $6.4 trillion in assets across thousands of accounts daily. Our clients include corporate treasuries, insurance companies, investment managers, banks, governments, and other institutional investors both in the United States and worldwide.


For more than a decade, we have leveraged web-based software and world-class client service to help clients such as American Family Insurance, Arch Capital, C.V. Starr & Co., Cisco, Facebook, Oracle, Selective Insurance, Sirius Group, Sompo International, Starbucks, WellCare Health Plans, Wilton Re, and many others, streamline their investment and accounting operations. Clearwater also works with hundreds of custodians, investment managers, dealers/brokers, and electronic trading portals who offer Clearwater to their many clients.


With global headquarters in Boise, Idaho, and offices in Edinburgh, Frankfurt, London, New Delhi, New York, Paris, Seattle, Singapore, and Washington D.C., Clearwater sets the new global standard for investment portfolio reporting.

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