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Bloomberg
New York, New York, United States
(on-site)
Posted
27 days ago
Bloomberg
New York, New York, United States
(on-site)
Job Function
Accounting/Finance
Procurement Buyer - Source to Pay - Finance & Administration
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Procurement Buyer - Source to Pay - Finance & Administration
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Procurement Buyer - Source to Pay - Finance & AdministrationLocation
New York
Business Area
Accounting and Finance
Ref #
10044926
Description & Requirements
The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen.
What's the Role:
We are seeking a detail-oriented and customer-focused Buyer to join our New York-based Indirect Procurement team. You'll be responsible for managing the end-to-end procurement of goods and services, ensuring timely, cost-effective purchases that meet the needs of our internal stakeholders.
As a Buyer, you'll handle transactional purchasing across a wide range of indirect categories, maintain key vendor relationships, and support the procurement function through diligent order execution, data management, and continuous improvement of our purchasing processes. You will also play a key role in helping identify opportunities to optimize our buying channels, reduce manual effort, and drive increased efficiency across the procurement function.
We'll trust you to:
- Take initiative to independently define and implement best-in-class tactical buying strategies, establishing scalable procedures and frameworks that align with organizational procurement goals.
- Act as a proactive owner of the tactical buying function, identifying gaps in existing processes and leading the development of streamlined workflows and documentation to support purchasing excellence.
- Demonstrate strong autonomy and ownership by driving continuous improvements and independently spearheading initiatives to optimize indirect procurement operations and reduce manual workload.
- Engage with suppliers for quotes, product information, and order follow-ups
- Process tactical purchase requests and convert them into accurate purchase orders
- Identify opportunities to improve buying channel usage (e.g., catalogs, punchouts, P-cards), reduce manual transactions, and promote process standardization
- Contribute to initiatives that drive process improvements and operational efficiency
- Ensure timely order placements and deliveries to meet stakeholder needs, improving purchasing cycle times
- Collaborate with Accounts Payable, Sourcing, and Procurement Operations to ensure seamless order-to-payment workflows
- Ensure purchases comply with internal procurement guidelines and policies
You'll need to have:
- 2-4 years of experience in a Buyer or Procurement Coordinator role, preferably in indirect procurement
- Strong working knowledge of ERP systems (e.g., SAP, Oracle) and procurement tools (e.g., Ariba)
- Exceptional attention to detail and accuracy in handling transactions and data
- Excellent organizational and time-management skills
- Ability to prioritize and manage multiple purchasing requests simultaneously
- Strong interpersonal and communication skills for effective vendor and stakeholder engagement
- Bachelor's degree or equivalent combination of education and experience
We'd love to see:
- Familiarity with purchasing best practices and procurement policy frameworks
- Experience in a financial control driven environment.
- Previous experience working with IT hardware and software resellers and/or managing software.
- Experience in a fast-paced, high-volume environment
- Knowledge of indirect spend categories such as marketing, facilities, or IT
- CPP / CIPS / CPM certifications
- Experience supporting contract and vendor documentation processes
Salary Range = 75000 - 85000 USD Annually + Benefits + Bonus
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation (exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.
Discover what makes Bloomberg unique - watch our for an inside look at our culture, values, and the people behind our success.
Job ID: 80501511
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