Procurement Specialist

Job Purpose

EX2

Procurement Specialists at American Honda Finance Corporation play a crucial role in managing cross-functional procurement projects within the financial services sector. This includes developing and executing comprehensive RFx programs, conducting thorough supplier analysis, facilitating stakeholder decision-making, and negotiating commercial contracts in strict compliance with financial regulations and internal policies. The Specialist serves as the primary liaison for business units and suppliers on assigned projects.

Key Accountabilities

• Contract Negotiation: Negotiating terms and conditions of commercial contracts to secure favorable outcomes for the company while ensuring compliance with financial regulations.
• RFP Development: Crafting detailed RFx documents, managing the entire RFx process, and ensuring alignment with business objectives and regulatory requirements.
• Procurement Expertise: Leading sourcing initiatives, evaluating supplier proposals, and conducting market analysis to inform stakeholder strategies.
• Stakeholder Management: Collaborating with internal stakeholders to understand their needs and provide procurement solutions that support business goals.
• Supplier Analysis: Analyzing supplier responses and creating decision analysis documents to facilitate informed supplier selection.
• Contract Life Cycle Management: Overseeing the administration of commodity codes and managing the life cycle of contracts from inception to renewal or termination.
• Special Projects: Supporting special projects and initiatives, including compliance changes, supplier audits, business unit training, and other duties as assigned.

Qualifications, Experience, and Skills

Other Job Specific Skills:

• Bachelors degree in procurement, law, business or a closely related field or has an equivalent combination of education and work experience
• Masters degree or ISM certified is a plus
• Strong negotiation skills required 
• Excellent written and verbal communication skills, including PowerPoint.
• Project management education or experience desired
• Computer skills with demonstrated knowledge of MS applications, including Word, Excel, PowerPoint, etc. 
• Familiarity with PeopleSoft, Oracle, SAP, or other common ERP systems
• Experience with MS Project, Visio, or similar programs desired

Additional Position Factors:

• Workstyle: Hybrid (Remote 3 days, in office 2 days)
• Travel 5%