Job Details

Acquisition Analyst
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Position Number: 5204280
Location: Lubbock, TX
Position Type: Business and Financial Management

Acquisition Analyst
Lubbock
37372BR
Procurement Services

Position Description
Analyzes and coordinates office services such as personnel, budget preparation and control, fiscal affairs, equipment utilization, records control, and special management studies.

Major/Essential Functions
Reviews, negotiates, approves, and procures goods and services using the appropriate solicitation method. Evaluates purchases to determine best value through competitive solicitation/quotes, cooperative contracts, or other contract resources. Departmental expectations are that the Acquisition Analyst has a high level of understanding of the industry of their category/commodity assignments, be knowledgeable of the availability of various purchasing contract options and is the subject matter expert regarding TTU Operating Policies and Procedures that govern their associated category/commodity assignments. (Core Skill Set)

Monitors purchasing functions to ensure compliance with State of Texas regulations and Statutes, TTU System Regents' Rules, TTU System Regulations, TTU Operating Policies and Procedures, and legal aspects of public procurement. Departmental expectation is that an Acquisition Analyst will maintain a current knowledge base of best practices, current developments, and changes to ensure compliance with statutory requirements and System and University policies, federal procurement requirements, including compliance with HUB participation goals, and reporting requirements. Review and correct requisitions for completeness and clarity.

Performs cost and market analysis to onboard suppliers and contracts to identify best value, value analysis, and total cost of ownership. Departmental expectations are that an Acquisition Analyst will research market sources and suppliers to locate and ensure the most cost effective and competitive pricing for the procurement of goods and services (Core Skill Set).

Prepares or assists with the preparation of specifications for informal and formal solicitations, including all related research and value analysis. Performs research associated with market trends of commodities and services in order to develop specifications in accordance with procurement regulations and guidelines that will be consistent with contract expectations, mitigate risk for the University, and provide overall best value. (Core Skill Set)

Acquire and maintain required state certifications - State of Texas: CTCD and CTCM within the Comptroller's specified time frames. Strives to obtain and maintain nationally recognized procurement/contract certifications. Maintain all necessary CEU's as required for certifications and attend other training and/or courses as directed by the Manager.

Maintain individual workload statistics. Weekly approval completion expectation is 87 approvals per week with a 20% variance depending on the time of year. Departmental expectation is that all requisitions submitted for approval are reviewed and action has started within twenty-four (24) hours from receipt in TechBuy. Seventy-five percent (75%) of transactions should be completed in forty-eight (48) hours. Any requisition that is on a punchout and received by 4:00 pm central must be completed the same day that it is received by the Strategic Sourcing team. For orders that are not approved for more than forty-eight (48) hours, there must be a comment in the Comments section of the requisition with an explanation regarding why the requisition is on hold (quote expired, artwork not attached, etc.). (Core Skill Set)

Professionally and empathetically address incoming requests from customers and internal staff within a maximum of two business days. Maintain a balance between TTU Operating Policies and Procedures and customer benefit in decision making. Continuously evaluate and identify opportunities to drive process improvements that positively impact the customers experience. Provides service to help determine the most suitable solution to meet customer needs in accordance with the objectives of TTU. Other related duties as required.

Required Qualifications
Bachelor's degree in job related field plus one year of related experience; OR a combination of related education and/or experience to equal five (5) years.

Preferred Qualifications
Accounting and Finance experience, Banner, JAGGAER (TechBuy), Microsoft Office Suite. Knowledge of State and/or University purchasing procedures, laws, and administrative codes. Bachelor's degree in accounting or finance. Maintains certifications-CPPB, CTP, CTPM, CTCD, CTCM, etc.

To apply, visit workattexastech.com

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information or status as a protected veteran.