American Electric Power

Procurement Specialist

New Albany, OH

full time

$96,110-$124,940

On-site

Utilities

About This Job

Job Posting End Date

08-04-2025

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

Job Summary

Works autonomously in leading major, high-dollar, complex sourcing or contract development events. Serves as the subject matter expert for assigned categories of large or complex spend, custom requirements, or that support emerging or evolving programs or needs across or within the business units. Serves as a consultant to Category Managers, business units and Procurement Professionals in assigned categories on sourcing or contract development and formation. Writes the business deal and works with representatives of AEP legal, risk, safety, and other areas to secure AEP business interests. Possesses the skills to direct the work activities of the Procurement Professional or the Procurement Analyst. Individual shall have the skills to effectively engage business unit leadership and Supply Chain Procurement and Fleet Operations (SCPFO) leadership to accomplish procurement goals.

Job Description

American Electric Power (Nasdaq: AEP) was named on Forbes magazine’s

America’s Best Large Employers 2025 list

What You'll Do:

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

Contracting Duties:

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Manage portfolio of 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.

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

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

Sourcing Duties:

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

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

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

General Duties:

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

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

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

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Builds and maintains reports to streamline analysis.

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Supports bid analysis, as needed.

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

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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:

Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field is required; (Or) 8 years of relevant work experience

Experience: In addition to any experience required above, 7 years of relevant work experience in contract management, paralegal work, or supply chain experience is required. Experience in the utility, manufacturing, or construction industry preferred.

Other Must Haves:

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Deep understanding of contract design and structure, including terms, language, templates, performance criteria, and other components.

•

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

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

•

Ability to be persuasive and build credibility desired

Where You'll Work:

New Albany HQ (Onsite): 8500 Smiths Mill Road, New Albany, OH 43054

What You'll Get:

Expected Salary Range: $100,000.00-$105,000.00 (USD)

Compensation Data

Compensation Grade:

SP20-008

Compensation Range:

$96,110.00-124,940.00 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.