Job
Description
Yahoo serves as a trusted guide for hundreds of millions of people globally, helping them achieve their goals online through our portfolio of iconic products. For advertisers, Yahoo Advertising offers omnichannel solutions and powerful data to engage with our brands and deliver results. About Us The Finance function (including procurement process) at Yahoo is very critical considering the importance of business needs, managing the costs along with working capital and capex, maintaining the healthy vendor relationships and ensuring complex regulations across the globe are complied with while taking any procurement decision. We work together with the Business, Legal, Tax, Treasury, Accounts payable, General Accounting, Audit and ERP applications teams to make sure the procurement operations are run efficiently and effectively, contributing to overall success of Yahoo. This role will be responsible for analyzing procurement processes, ensuring compliance with organizational policies, and driving cost efficiencies. The ideal candidate will have strong analytical skills, a process improvement mindset, and the ability to collaborate across multiple teams to optimize procurement operations. We work hard, work smart but also like to have lots of fun as a team! We are proud of our organizational culture, where employees feel valued for their work and their accomplishments. About the Role: We are seeking a motivated Procurement Analyst to analyze procurement processes, ensure policy compliance, and drive cost efficiencies. This role requires strong analytical and problem-solving skills, a process improvement mindset, and the ability to collaborate effectively across various teams. Relationship Management: Actively build and maintain strong, collaborative relationships with various internal departments (such as Finance, Legal, and Business units) and external suppliers. This includes effective communication, actively listening to stakeholder needs, and proactively resolving issues to ensure smooth collaboration and positive partnerships. Data Analysis: Analyze detailed procurement data, including spending patterns, supplier performance metrics, and contract terms, to identify trends, anomalies, and cost-saving opportunities. Utilize tools like Excel, data analysis software, and Oracle applications to generate insightful reports and drive data-driven decisions that optimize procurement activities. Process Development and Improvement: Create, review, and continuously improve procurement processes to enhance efficiency, accuracy, and compliance. Document procedures, identify potential bottlenecks or areas for improvement, and implement changes to streamline operations, reduce errors, and ensure best practices are followed. Reporting: Prepare regular and ad-hoc reports on key procurement metrics, such as spending, supplier performance, and key performance indicators (KPIs). Provide clear and concise insights to stakeholders, track progress towards procurement goals, and highlight areas requiring attention or further action. Cross-Functional Collaboration: Work closely and effectively with cross-functional teams, including Finance, Legal, and Business teams, to align procurement activities with broader organizational objectives. Coordinate efforts, communicate updates, and ensure successful collaboration to achieve shared goals. Compliance: Ensure that all procurement activities adhere strictly to company policies, procedures, and relevant regulations. Stay updated on any changes to policies or regulations and implement necessary adjustments to ensure ongoing compliance. Purchase Order Management: Manage the creation, modification, and tracking of purchase orders to ensure the timely and accurate procurement of goods and services. This includes monitoring order fulfillment, addressing any discrepancies, and maintaining accurate records. Issue Resolution: Handle and resolve any escalations, disputes, or discrepancies that arise within the procurement process. Utilize strong problem-solving skills, attention to detail, and effective communication to find solutions and prevent future issues. Project Assistance: Assist with other finance-related projects as needed, providing support, contributing to project tasks, and helping to achieve overall organizational goals and objectives. Required Qualifications: Bachelor’s degree in Business Administration, Supply Chain Management, or Finance. 2+ years of experience in procurement or a related role. Strong analytical and problem-solving skills with proficiency in Excel and data analysis tools. Familiarity with procurement software and ERP systems (e.g., Oracle). Excellent communication and interpersonal skills. Strong organizational skills and attention to detail. Ability to manage multiple priorities in a fast-paced environment. Preferred Qualifications: Professional certifications (CPP, CSCP). Experience with supplier performance evaluation and contract management. Ability to work various shifts, including early morning and late evening/night shifts. Important notes for your attention Applications: All applicants must apply for Yahoo openings direct with Yahoo. We do not authorize any external agencies in India to handle candidates’ applications. No agency nor individual may charge candidates for any efforts they make on an applicant’s behalf in the hiring process. Our internal recruiters will reach out to you directly to discuss the next steps if we determine that the role is a good fit for you. Selected candidates will go through formal interviews and assessments arranged by Yahoo direct. Offer Distributions: Our electronic offer letter and documents will be issued through our system for e-signatures, not via individual emails. Yahoo is proud to be an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on age, race, gender, color, religion, national origin, sexual orientation, gender identity, veteran status, disability or any other protected category. Yahoo will consider for employment qualified applicants with criminal histories in a manner consistent with applicable law. Yahoo is dedicated to providing an accessible environment for all candidates during the application process and for employees during their employment. If you need accessibility assistance and/or a reasonable accommodation due to a disability, please submit a request via the Accommodation Request Form (www.yahooinc.com/careers/contact-us.html) or call +1.866.772.3182. Requests and calls received for non-disability related issues, such as following up on an application, will not receive a response. Yahoo has a high degree of flexibility around employee location and hybrid working. In fact, our flexible-hybrid approach to work is one of the things our employees rave about. Most roles don’t require specific regular patterns of in-person office attendance. If you join Yahoo, you may be asked to attend (or travel to attend) on-site work sessions, team-building, or other in-person events. When these occur, you’ll be given notice to make arrangements. If you’re curious about how this factors into this role, please discuss with the recruiter. Currently work for Yahoo? Please apply on our internal career site. Show more Show less
