Procurement Analyst

ABOUT US:
Kestra Holdings offers industry-leading wealth management platforms for independent wealth management professionals nationwide. With an innovative culture that celebrates independence, the company seeks to redefine the future of the advisory industry through superior service, cutting-edge technology, and preeminent resources that every financial professional needs to succeed in the market now and in the years to come.
Kestra Holdings companies collectively oversee $123 billion in assets under administration (AUA) and support more than 2,400+ independent financial professionals across the country in delivering comprehensive securities, trust, and investment advisory services to their clients. Located in the “Silicon Hills” of Austin, Texas, Kestra Holdings offers an experience as unique as the city in which it operates.

SUMMARY:
The Procurement Analyst is responsible for conducting spend analysis and contract consolidation which will provide visibility and transparency to the organization. This role will also support the Procurement Director on various aspects of the strategic procurement process including category management, sourcing & vendor selection, negotiations & contracting, vendor onboarding and contract compliance.

RESPONSIBILITIES:

• Manage company-wide spend analytics and categorization/segmentation of suppliers
• Performs spend and usage analysis from a variety of sources, including supplier provided data
• Work with business and finance leaders to identify and drive savings focusing on total cost of ownership
• Manage the fundamentals of sourcing and supplier engagement activities and process
• Conduct market analysis and exploration on new prospective suppliers
• Prepare and organize bid packages in collaboration with business stakeholders
• Supports and assists in contract negotiation process with suppliers
• Prepare total cost of ownership analysis on bids and provide recommendations on supplier selection
• Document standardized procurement & sourcing processes
• Establish scorecard metrics to drive accountability among suppliers
• Track and report procurement metrics to internal stakeholders
• Manage and organize existing supplier contracts, including tracking of key dates

SKILLS:

• Analytically focused and motivated
• Proficient in the use of standard procurement tools and methods.
• Can coordinate across multiple stakeholder groups
• Strong interpersonal skills including persuasive oral communications
• Excellent written and verbal communication skills.
• Excellent analytical, critical thinking, and problem resolution skills
• Proficient in Microsoft Office 365 applications
• Advanced Excel skills and data analysis/query software

SUPERVISORY RESPONSIBILITIES:

• None

EDUCATION AND EXPERIENCE:

• Bachelor's degree in Business Management, Supply Chain, or related field.
• 2+ years of experience in analyst, category management, procurement or sourcing roles
• Experience in the financial services industry
• Experience with ERPs, procurement/sourcing tools, and contract tools

CERTIFICATIONS:

• None

INTERNAL APPLICANT POLICY:
Internal applicants must be in good standing and have a minimum of 1 year of service with Kestra. Internal applicants must also have a minimum of 1 year service in current role unless approved by EVP.

BENEFITS:
Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more.
DISCLOSURE
By applying to a job at Kestra Financial, Inc., you are agreeing to the following statements:

• You acknowledge that if hired, Kestra Financial, Inc. may, obtain and use background information concerning your credit, character, general reputation, personal characteristics, work habits, performance and experience for evaluation for your potential employment.
• It is the policy of Kestra Financial to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender, identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Kestra Financial prohibits any such discrimination or harassment.

KESTRA VALUES:
Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE TEAM.