Procurement Analyst

Why Global Procurement at GM Financial?

Do you excel at building and maintaining critical relationships, enjoy strategic sourcing, and are a successful negotiator? If so, then GM Financial Global Procurement Department is the place for you.

Global Procurement at GM Financial is a strategic, high-impact team that manages sourcing, contracts, and supplier relationships across the organization. You’ll work with advanced processes, tools, and policies to drive efficiency and innovation, while collaborating with business units and suppliers worldwide. The role offers opportunities for professional growth, leadership, and exposure to diverse procurement operations, making it an ideal environment for those seeking to deliver value and shape the company’s future.

At GM Financial, our team members define and shape our culture — an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.

Our Purpose: We pioneer the innovations that move and connect people to what matters.

About the role:

The Procurement Analyst assists and supports a specific area of supply chain management, e.g., procurement, contracting, sourcing, supplier relationship management, and process development. Depending on the Analyst's level of experience, the analyst will be asked to process contracts and purchase agreements for a given category or sub-category. The Procurement Analyst is expected to apply existing technology, procedures, principles, and analytical rules to routine assignments. The Procurement Analyst works closely with business partners to ensure timely delivery of appropriate solutions and solves problems which typically require the application of technical knowledge, concepts, principles, and analytical rules.

Responsibilities:

• Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. Process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk
• Sourcing - finding, evaluating, and engaging suppliers of goods and services which includes defining business needs (identify what goods or services are required), market analysis (researching potential suppliers and market conditions), and develop sourcing strategy (deciding on the approach for sourcing - whether it's single-sourcing, multiple-sourcing, etc.)
• Category Management - segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Tracking the market to understand pricing trends, regulatory changes, and innovation for the entire category.
• Vendor Management - managing the interaction with vendors and maintaining good working relationships with the vendors and internal stakeholders to mitigate risks. Tasks include reducing vendor risks, ensuring service delivery, and help build stronger relationships with vendors which can lead to opportunities to negotiate better rates.

• Process Development – drafting and design of processes under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process’s objectives and to produce the process’s desired outcome. Procurement Operations – this involves every activity involved in obtaining the goods and services needed to support daily operations, including sourcing, negotiating terms, purchasing items, and documenting all the steps in the process. Additional roles include: travel, company vehicles, telecom, invoicing, credit card administration, procurement business systems, and corporate events.