Formula.Monks, part of Media.Monks and S4 Capital, is a global consulting firm mastering AI-powered transformations for the Fortune 100. We combine long-term strategic thinking, deep enterprise experience, and a human-centered approach to help clients transform business processes and dominate their industries. About the Role As a Procurement Assistant, you’ll evaluate purchasing needs and develop strategies to optimize our procurement process, ensuring compliance and managing processes effectively to secure optimal deals. **Responsibilities**: - Evaluate and analyze current purchasing processes to identify areas for improvement - Develop and implement new purchasing strategies and procedures to optimize efficiency and reduce costs - Monitor and evaluate the performance of implemented processes, making necessary adjustments - Manage the entire acquisition cycle of goods and services, from identifying needs to receiving and evaluating products - Negotiate with suppliers to obtain the best purchasing conditions in terms of price, quality, and delivery time - Create, maintain, and update the procurement database, ensuring all vendor information on the NetSuite platform is accurate - Stay updated on applicable legal regulations and standards and ensure compliance - Review and verify supplier invoices to ensure they adhere to purchase contract terms - Coordinate with the accounting department to ensure timely payments and resolve invoice discrepancies - Coordinate and manage all aspects related to corporate travel, including booking flights, accommodation, and transportation - Process purchase orders and requisitions, ensuring accuracy in terms and conditions - Organize and file procurement documents, such as contracts and purchase orders, for audit purposes and regulatory compliance - Other duties as assigned **Qualifications & Skills**: - 2+ years of relevant work experience in procurement or a related field - Familiarity with the NetSuite platform and proficiency in procurement databases - Strong negotiation skills and ability to manage supplier relationships - Analytical skills with the ability to interpret complex data - Excellent organizational and time management skills - At _Formula.Monks_, we believe in fostering an environment where a diversity of perspectives can thrive. We proactively work to design hiring processes that promote equity and inclusion while mitigating bias. We celebrate diversity and are committed to building a team that reflects the communities we serve. We welcome and encourage qualified applicants, from all backgrounds, who are excited to contribute to our mission._ - Unsure if your skills meet all of our requirements?_Formula.Monks is an Equal Opportunity Employer; employment with Formula is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status