CoStar Group

Senior Procurement Strategy Partner, FinOps & AI Innovation - Arlington, VA

CoStar Group$116K — $158K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Information Systems, Economics, or related field.
  • 5+ years of experience in operations, FinOps, or spend management.
  • Strong analytical and financial modeling capabilities.
  • Strong communication and stakeholder management skills.
  • Ability to independently lead cross-functional initiatives.
  • Experience supporting cloud financial management or FinOps initiatives.
  • Experience leading AI initiatives.

Responsibilities

  • Partner with business leaders to support sourcing for technology-related spend.
  • Assist in vendor evaluations and contract negotiations.
  • Analyze technology expenditures to identify cost-saving opportunities.
  • Support procurement initiatives across various technology sectors.
  • Establish and maintain vendor performance metrics.

Benefits

  • Comprehensive healthcare coverage including medical, vision, and dental.
  • Life, legal, and supplementary insurance options.
  • Virtual and in-person mental health counseling services.
  • 401(K) retirement plan with matching contributions.
  • Tuition reimbursement for professional development.
Full Job Description
Senior Procurement Strategy Partner, FinOps & AI Innovation - Arlington, VA


Job Description


About the RoleCoStar Group is seeking a highly analytical and forward-thinking procurement professional to serve as a strategic partner focused on technology spend management, FinOps, vendor optimization, and AI-enabled procurement transformation.


This role will act as a subject matter expert supporting the modernization of procurement processes, driving cost optimization across technology investments, and identifying opportunities to leverage artificial intelligence and automation to improve efficiency, visibility, and decision-making.

The ideal candidate combines extensive technical knowledge and operations experience with a passion for innovation and continuous improvement.

This position is located in Arlington, Virginia and is in office Monday through Friday.


Key Responsibilities

Technology Procurement & Strategic Sourcing

  • Partner with business leaders, Finance, IT, Security, and Legal to support sourcing and procurement activities for technology-related spend.
  • Assist vendor evaluations, RFPs, contract negotiations, and supplier management activities.
  • Analyze technology expenditures and identify opportunities to reduce costs while maintaining service quality.
  • Support enterprise software, SaaS, cloud infrastructure, telecommunications, and professional services procurement initiatives.
  • Establish and maintain vendor performance metrics and scorecards.


FinOps & Spend Optimization

  • Partner with Finance and Technology teams to improve visibility into cloud and technology spending.
  • Monitor usage trends and identify cost-saving opportunities across software, infrastructure, and technology services.
  • Develop reporting and business insights that support budgeting, forecasting, and investment decisions.
  • Assist in the development of governance processes related to cloud and technology spend.
  • Support initiatives focused on improving the financial efficiency of technology investments.
  • Evaluate emerging AI-enabled procurement solutions and recommend opportunities for adoption.
  • Drive automation initiatives that streamline sourcing, contracting, supplier onboarding, and spend analytics processes.
  • Leverage AI tools to improve procurement workflows, reporting, and decision support.
  • Partner with stakeholders to identify repetitive or manual processes that can be enhanced through automation and intelligent technologies.
  • Stay current on industry trends related to procurement technology, generative AI, machine learning, and digital transformation.
  • Identify opportunities to improve procurement policies, workflows, and stakeholder experience.
  • Develop recommendations that reduce cycle times and eliminate administrative burden.
  • Create dashboards, metrics, and reporting that provide actionable insights to leadership.
  • Support change management and adoption efforts associated with new procurement technologies.
  • Drive continuous improvement initiatives across procurement operations.
  • Influence stakeholders through data-driven recommendations and business case development.
  • Collaborate across Finance, Procurement, Technology, Security, and Operations teams to drive enterprise-wide improvements.
  • Support strategic initiatives involving cost management, vendor rationalization, and operational efficiency.


Basic Qualifications

  • Bachelor's degree in Business, Finance, Information Systems, Economics, or a related field from an accredited, not-for-profit, in-person University or College.
  • 5+ years of experience in operations, FinOps, or spend management.
  • Strong analytical and financial modeling capabilities.
  • Strong communication and stakeholder management skills.
  • Ability to independently lead cross-functional initiatives and influence outcomes.
  • Experience supporting cloud financial management or FinOps initiatives.
  • Experience leading AI initiatives.
  • Knowledge of AWS, Azure, Google Cloud, or other cloud environments. Large metered or usage-based (DataDog, DataBricks, Confluent, Tokenomics)


Preferred Qualifications

  • Experience implementing procurement automation or AI-enabled solutions.
  • Familiarity with spend analytics, supplier management, and procurement performance metrics.
  • Experience negotiating technology and software agreements.
  • Experience working with procurement technologies, spend analytics tools, or ERP platforms.
  • Professional certifications such as:
    • CPSM
    • CSCP
    • PMP
    • FinOps Certified Practitioner
  • Experience in a high-growth, technology-driven public company.


What9;s in it for you?

When you join CoStar Group, you9ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.


We offer you generous compensation and performance-based incentives. CoStar Group also invests inyour professionaland academic growth with internal trainingandtuition reimbursement.


Our benefits package includes (but is not limited to):

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
  • Life, legal, and supplementary insurance
  • Virtual and in-person mental health counseling services for individuals and family
  • Commuter and parking benefits
  • 401(K) retirement plan with matching contributions
  • Employee stock purchase plan
  • Paid time off
  • Tuition reimbursement
  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
  • Access to CoStar Group9s Employee Resource Groups
  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks


We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

About CoStar Group

CoStar Group is a provider of information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell. CoStar Group was founded in 1987 by Andrew C. Florance in Washington, D.C. In 1998, the company became a public company via an initial public offering on the NASDAQ, raising $22.5 million. In 2004, CoStar Group, Inc. v. LoopNet, Inc. became a landmark case in copyright law. In October 2009, the company acquired a building in Washington, D.C., now its headquarters, from the Mortgage Bankers Association for $41.3 million. The building had sold 2 years earlier for $79 million and the company claims it used its analytics data to know the right time to buy. In April 2012, CoStar Group acquired LoopNet for $860 million. In April 2014, the company acquired Apartments.com for $585 million. In April 2015, the company acquired Apartment Finder for $170 million. In July, the company acquired Belbex an online marketplace and information provider for commercial property based in Spain. In February 2017, the company acquired Westside Rentals. In February 2018, the company acquired ForRent.com from Dominion Enterprises for $350 million in cash and $35 million in stock. In October, the company acquired Realla.co an online marketplace for commercial property based in the United Kingdom. In November, the company acquired Cozy Services for $68 million.
Learn more about CoStar Group
Size
4,742 employees
Market Cap
$31.3 billion
Industry
Net Income
$227.1 million
Founded
1987
5 Year Trend
+18.3%
Revenue
$1.6 billion
NASDAQ

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