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Procurement Accounting Jobs in Raleigh, NC (NOW HIRING)

As a Site Procurement Manager for the Amazon Fulfillment Center team, you will serve as the bridge ... accounting - Knowledge of Lean Six Sigma - Must be highly self-motivated and customer-centric ...

Procurement Specialist Department: Operations Classification: Exempt Job Summary: The Procurement ... Resolve invoice discrepancies in partnership with accounting/finance teams * Maintain accurate ...

As a Site Procurement Manager for the Amazon Fulfillment Center team, you will serve as the bridge ... accounting - Knowledge of Lean Six Sigma - Must be highly self-motivated and customer-centric ...

Interacts with Finance, Production, Supply Chain, Quality, Engineering, Procurement, Global Finance, Tax, Treasury, Compliance, and Legal stakeholders. Supervises accounting professionals and ...

Interacts with Finance, Production, Supply Chain, Quality, Engineering, Procurement, Global Finance, Tax, Treasury, Compliance, and Legal stakeholders. Supervises accounting professionals and ...

Interacts with Finance, Production, Supply Chain, Quality, Engineering, Procurement, Global Finance, Tax, Treasury, Compliance, and Legal stakeholders. Supervises accounting professionals and ...

Accounting Technician

Raleigh, NC

$40K - $53K/yr

... procurement operations, ensuring compliance with federal, state, and university guidelines. Our ... accounting work; or equivalent combination of training and experience. Preferred Qualifications

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Procurement Accounting information

What is the difference between Procurement Accounting vs Accounts Payable Specialist?

AspectProcurement AccountingAccounts Payable Specialist
CredentialsAccounting certifications (e.g., CPA), finance backgroundBasic accounting knowledge, often no specific certification required
Work EnvironmentFinance or accounting departments, procurement teamsFinance or accounting departments, vendor management
Employer & IndustryManufacturing, retail, government, corporate sectorsSimilar industries, focused on invoice processing

Procurement Accounting focuses on managing financial records related to procurement transactions, ensuring accurate cost allocation and compliance. In contrast, Accounts Payable Specialists handle invoice processing, vendor payments, and maintaining payable records. While both roles require accounting knowledge, Procurement Accounting emphasizes procurement financial management, whereas Accounts Payable Specialists focus on payment processing and vendor relations.

What is a procurement accountant?

A procurement accountant is a professional responsible for managing financial transactions related to purchasing goods and services for an organization. They ensure accurate recording of procurement costs, monitor budgets, and may use accounting software to track expenses and compliance with financial policies.

What is the role of procurement accounting in procurement?

Procurement accounting in a procurement role involves tracking and managing the financial aspects of purchasing activities, including recording purchase transactions, verifying invoices, and ensuring compliance with budgets and financial policies. It supports accurate financial reporting and helps control costs throughout the procurement process.

Is procurement accounting a high stress job?

Procurement accounting can be moderately stressful due to the need for accuracy, attention to detail, and meeting deadlines in managing supplier payments and financial records. The level of stress varies depending on the organization, workload, and complexity of procurement processes, but strong organizational skills and familiarity with accounting software can help manage pressure.
What are popular job titles related to Procurement Accounting jobs in Raleigh, NC? For Procurement Accounting jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Procurement Accounting jobs in Raleigh, NC look for? The top searched job categories for Procurement Accounting jobs in Raleigh, NC are:

Manager, Sourcing Category Management - Operations

NC SECU

Raleigh, NC

Full-time

Re-posted 26 days ago


Job description

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Duties & Responsibilities:

Utilize Strategic Sourcing Process (SSP) Methodology and robust Supplier Relationship Management (SRM) practices and tools to source and manage the assigned spend categories.

Lead, supervise & develop team members as required.

Work with internal teams to understand overall requirements and assumptions related to new engagements to ensure the contractual obligations are aligned.

Leads RFP engagements, understanding project requirements, evaluating potential bidders, and creating the RFP package for submission, reviews supplier submittals, and proactively takes steps in the negotiation process to mitigate risk and guarantee performance by the suppliers.

Partner with Business Owners, Third Party Risk Management (TPRM) and Legal to establish standards for contract language, supplier negotiations, overall management, and dispute resolution. Ensures all agreements are reviewed, following appropriate approval processes and approved by Legal.

Review of new and existing contracts, agreements for assigned categories, and statements of work to achieve optimal terms and pricing as well as mitigate overall risk and ambiguity.

Contribute to and support organizational goals focused on identification, qualification, development, and management of a diverse supply base.

Leads all phases of contracting from initiation, negotiations, maintenance, and regular review, proactively driving Sourcing and Procurement's company-wide initiatives at the business level.

Develop timelines for contractual reviews based on complexity and provide overall status of contract reviews and escalations.

Leverage interpersonal relationships with business, suppliers and internal partners.

Ensure that SLAs are well documented and can be accurately tracked. Ensure documents and agreements are filed appropriately and ensure stakeholders understand scope, risks, termination clauses and performance guarantees.

Proactively manages all contracts to ensure maintenance of contract term dates, renewal clauses, termination details and non-disclosure agreement dates, issues and escalations with status and resolution dates.

Achieve and exceed metrics including, cost savings and avoidance, cycle time, customer service, invoicing compliance, and total cost of ownership.

Works with Business Owners to establish standards for company, product, service, and integration protocols.

Resolve local supply and supplier related issues.

Train employees in our procurement systems and processes.

Leverage interpersonal relationship strengths to manage disputes and drive change in supplier behaviors.

Works effectively with cross-functional teams to find opportunities for improved supplier/contract management and drive continuous process improvement.

Requirements:

Experience

Practical experience with spend management (e.g., Ariba,ZYCUS, Bravo Solution, Analysis & Reports) and/or procurement enterprise resource planning systems and tools (e.g., Workday/Scout/SAP/Oracle).

Demonstrated experience and highly skilled at time management, prioritization, project management, negotiations, risk management, communications, and change management.

Prior Strategic Sourcing Process (SSP) Methodology and robust Supplier Relationship Management (SRM) practices experience is desirable.

Independent thinker, able to adapt and shift paradigms while executing aggressively, handling challenges and ability to work with minimal supervision in cross-cultural and diverse environments.

Education

Bachelor's degree in supply chain management, business, finance, accounting. Master's degree preferred (MBA, MS, etc.).

5 -7 years of Procurement/Accounting/Finance experience, preferably in the Financial Services industry.

Certifications in accounting, purchasing, procurement, project management, and/or process improvement methodology would be highly beneficial. (CPA, CFA, CPSM, C.P.M., PMP, Lean/Six Sigma Green Belt or higher, etc.)

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.