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About Ontra
Ontra is the global leader in AI legal tech for private markets. Powered by industry-leading AI, data from 1M+ contracts, and a global network of legal professionals, Ontra's private markets technology platform streamlines and optimizes critical legal and compliance workflows across the full fund lifecycle. Ontra’s purpose-built solutions automate contracts, streamline obligation management, digitize entity management, and surface insights. Trusted by more than 800 global GPs, investment banks, law firms, and advisors - including nine of the top ten PEI-ranked firms worldwide - Ontra helps firms focus on what’s important to them.
Our Culture
Ontra is a remote-first company that values the power of connection. We find innovative ways to stay connected, both virtually and in person. By promoting ownership, inspiring creativity, and championing collaboration, Ontra enables you to shape your impact and growth. Our commitment to innovation extends beyond our technology; it’s embedded in our culture, and AI plays a crucial role in everything we do.
Our culture is one where belonging is the cornerstone of every interaction, rooted in acceptance and respect for all. Our commitment to inclusion begins at the application process, ensuring a fair and equitable hiring experience that values the unique contributions you bring from day one.
About the Role
Ontra is seeking a Procurement Analyst reporting to our Manager, Strategic Sourcing.
For this job, we are currently only hiring candidates based in the United States.
We are looking for a Procurement Analyst with a mindset focused on driving operational excellence, compliance, and continuous improvement in our procurement processes. This role is pivotal to managing our SaaS procurement tool, overseeing purchase orders, and working to streamline procurement operations while addressing rogue spending. Success in this role requires a proactive problem-solver who thrives in dynamic environments, has an eye for detail, and collaborates effectively across teams.
If you are a detail-oriented and analytical thinker with strong customer service skills, and general contract knowledge, we’d love to get to know you! Ideal candidates should possess intermediate Excel skills, excellent communication and organizational abilities, and a compliance-oriented mindset.
What You’ll Do
- Data Review and Process Improvement: Analyze procurement data to identify opportunities for process enhancements and drive efficiency.
- Deal Management: Manage contract renewals and negotiate new deals with a compliance-oriented focus, ensuring alignment with company objectives and policies.
- Purchase Order Administration: Administer and manage Purchase Orders, ensuring accuracy and alignment with company policies.
- Tool Management: Maintain the SaaS procurement tool for seamless operations, user support, and accurate data tracking.
- Compliance Reviews: Regularly assess purchase orders and invoices for accuracy and adherence to policies.
- Collaboration: Engage with internal teams and vendors to resolve procurement discrepancies and foster positive stakeholder relationships.
What You’ll Bring
- Experience: 1+ years in procurement or a related field, focusing on process improvements and stakeholder service. Experience with P2P/ERP tools is a plus.
- Negotiation Skills: Willingness and aptitude to engage in negotiations for renewals and new deals, ensuring beneficial outcomes for the organization.
- Stakeholder Service: Ability to effectively support internal stakeholders without imposing mandates, fostering cooperative relationships.
- Enthusiasm for Learning: Eager to learn and derive enjoyment from managing contracts, enhancing processes, and driving efficiencies.
- Process Improvement: Proactively seeks opportunities to streamline procurement activities, improving overall operational effectiveness.
Pay Transparency
Ontra takes individual candidate location, experience, and skills into consideration when determining compensation. The base pay range is listed below. Additionally, all positions are eligible for unit-based equity grants.
Some positions may be eligible for additional compensation, such as commission or other variable compensation structures, which is not included in the below base pay range.
If you are selected to participate in our interview process, your Talent Acquisition Partner will share more details about the total compensation package for the role.
Base Pay Range
$70,800—$99,100 USD
Hiring Locations
We currently hire exclusively in the locations listed below. Select jobs may have more specific location requirements due to business needs.
United States
Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Massachusetts, Maryland, Minnesota, North Carolina, New Jersey, Nevada, New York, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington
APAC
Hong Kong
EMEA
United Kingdom
Benefits Snapshot
- Remote-first working policy, with office hubs in SF, NYC, Santa Barbara, and London
- Twice yearly team offsites for in-person collaboration
- Paid flexible time off policy
- Paid parental leave and benefits
- Employer-supported retirement contributions, varying by country
- Monthly phone and internet reimbursement
- Company-sponsored LinkedIn Learning accounts, department budgets for professional development, and robust onboarding program
- Various options for medical, dental, and vision insurance
Travel
Occasional travel is required for Ontra employees, including typically at least twice per year to attend team and larger group off-sites for in-person collaboration. For some roles, additional travel may be required based on the requirements of the role and business need.
Inclusivity
Ontra is committed to the full inclusion of all qualified individuals. As part of this commitment, Ontra will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact people@ontra.ai.
Personnel Privacy Notice: View here.
Note on Employment Verification: All employees hired will be required to verify identity and eligibility to work in their particular location.
Note to External Agencies: We are not accepting any blind submissions or resumes/CVs from recruitment agencies. Any candidates sent to Ontra will NOT be accepted or considered as a submission without a signed agreement in place.
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