American Electric Power

Procurement Analyst

American Electric Power • $74K — $93K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, accounting, finance, supply chain, or related field OR 4 years of relevant experience
  • Experience in customer service and/or procurement preferred
  • Experience within construction services is a plus
  • Strong analytical and problem-solving skills
  • Familiarity with Maximo and Cognos is preferred
  • Excellent written and verbal communication skills

Responsibilities

  • Procure high-value or complex goods and services
  • Assess business requirements and align procurement plans
  • Execute sourcing strategies per category manager guidance
  • Assist in developing category strategies
  • Leverage market and supplier analyses for strategic sourcing
  • Coordinate cross-functional teams during sourcing events
  • Manage contract compliance and administration for high-value equipment

Benefits

  • Comprehensive benefits package aimed at enhancing employee well-being
  • Reference to support for overall employee health and work-life balance
Full Job Description
Job Posting End Date
10-11-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

This role will be primarily focused on the services side of procurement, with an emphasis on Construction services categories. Responsibilities will include supporting sourcing, contracting, and ongoing contract administration activities within these services categories, as well as assisting with issue identification and resolution in coordination with internal stakeholders and suppliers. The role may also provide analytical and day to day support to senior/upper-level analysts who own specific services categories, helping with data analysis, strategic sourcing activities, execution of category strategies, and follow through on contract related actions.

Job Description

What You'll Do:
  • Procures goods and services with a high value or complex requirements.
  • Assesses business requirements, and matches procurement plans accordingly.
  • Executes sourcing strategies based on category manager guidance and leading practices.
  • Assists Category Managers with category strategy development.
  • Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
  • Coordinates and leads cross-functional category teams during sourcing events.
  • Performs any required contract administration work related to a sourcing event.
  • Develops negotiating strategy and leads negotiations.
  • Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
  • Establishes effective relationships with business partners and suppliers to support category strategies.
  • Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
  • Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
  • Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
  • Leverages contract knowledge to mitigate risks and maximize contract value.


What We're Looking For:

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

Experience: In customer service and/or procurement helpful

Preferred Qualifications:

  • Experience within construction services
  • 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


What You'll Get:In addition to competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$74,551.00 - $93,188.50

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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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

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Explore American Electric Power Jobs

Whether you're a seasoned professional or new to the industry, AEP offers a dynamic work environment where innovation, leadership, and growth are part of everyday life. Join us in powering a new and brighter future for everyone.
Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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