Procurement Analyst

American Electric Power • New Albany, OH • 18h ago

Job Posting End Date

10-10-2025

Please note the job posting will close on the day before the posting end date.

Job Summary

Supports Procurement Consultants, Procurement Specialists, and Category Managers in the execution of sourcing and contracting initiatives. Supports analytical work including but not limited to: spend analytics, market complexity, data collection, performance metrics, risk considerations, pricing, total cost of ownership, demand planning, and reporting. Assists with sourcing strategy development, decision making, and contract negotiations. May lead or direct less complex sourcing activities.

Job Description

American Electric Power (Nasdaq: AEP) was named on Forbes magazine's America's Best Large Employers 2025 list (https://www.forbes.com/lists/best-large-employers/)

Procurement Analyst (Salary Grade 6)

What You'll Do:

Experience with construction contracting, estimating, or project management preferred:

Contracting Duties:

Manage portfolio of previously negotiate utility construction contracts. Negotiate new contracts as needed including terms and conditions, to ensure compliance with organizational policies and industry standards. Prepare and execute related and ongoing contract amendments, etc.

Collaborate with team members to gather data related to construction markets, specifically pricing, and negotiate rates based on that data.

Provide administrative support for contract-related activities, including audit remediation, dispute resolution, and supplier support.

Sourcing Duties:

Collaborate with project teams to understand sourcing needs and ensure alignment with project objectives.

Support all aspects of business partner requests for proposals (RFPs) for utility construction projects.

Analyze supplier proposals, pricing, and terms to provide recommendations for contract awards.

General Duties:

Conducts market research and analyzes performance metrics to support strategy and decisions regarding suppliers and markets.

Conducts research and analysis on spend and prior contracts to assist with contract negotiation.

Develop and utilize various models (e.g., pricing, total cost ownership).

Builds and maintains reports to streamline analysis.

Supports bid analysis, as needed.

Communicates findings and recommendations of research and analysis to Supply Chain, Procurement, and Fleet Operations (SCPFO) and business partners.

Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.

What We're Looking For:

Procurement Analyst (Salary Grade 6)

Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; Or 4 years of relevant work experience.

Experience: In addition to any experience required above, 3 years of relevant customer service and/or procurement experience required.

Other Must Haves:

Excellent analytical, problem-solving, and time management skills desired

Familiarity with Maximo and Cognos preferred

Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers.

Where You'll Work:

Onsite: 8600 Smiths Mill Road, New Albany, OH 43054

What You'll Get:

Procurement Analyst (Salary Grade 6)

Expected Salary Range: $80,000.00-$82,000.00 (USD)

Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$72,380.00-90,474.50 USD

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

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