IT Strategic Sourcing Manager / Associate Director

The Fountain Group is currently seeking an IT Strategic Sourcing Manager / Associate Director for a prominent client of ours. This is a Hybrid Role in Jersey City, NJ 07310 (2 or 3 days Onsite & 2 or 3 days Remote / week). Details for the position are as follows:
 

Pay Rate - Bid / Competitive Rate

8 months Contract to Start (HIGH Possibility for further extension)

Job Description:
This role is responsible for supporting the execution of the company's overall IT Sourcing strategy (including HW, software, telecom/networking, private cloud, public cloud, and IT professional services). This role is responsible for the execution of RFPs/RFQs, contract negotiations, and sourcing activities for procurement requests across the IT portfolio. 

· Partner with the IT stakeholders to deliver on the organizational sourcing strategy to meet our financial and operational control objectives.

· Manage relationships with suppliers to foster strategic partnerships that enable continuous value-delivery.

· Ensure compliance with policy, process, and systems for IT category spend.

· Oversee the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.

· Pro-actively manage renewals to drive savings and mitigate business disruptions.

· Participate in value driven QBRs for key IT vendors.

· Leverage spend and contract data to identify savings and efficiency opportunities.

· Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits.

· Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback.

· Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with company goals.

· Review requests via centralized intake tool and gather requirements from business clients.

· Review supplier proposals and facilitate process for final vendor selection with appropriate stakeholders

· Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with company goals

· Work closely with corresponding Sourcing Directors to ensure comprehensive understanding of category strategy, requirements, and targets

Qualifications

· Minimum of 7 years of IT Strategic Sourcing and Category Mgmt. at a global organization, preferably in financial services.

· Experience and proven success developing RFxs and negotiating HW, software, telecom/networking, private cloud, public cloud, and IT professional services contracts.

· Knowledge of enterprise IT vendors as well as emerging technology providers.

· Outstanding communication skills, including the ability to simplify complex sourcing and contractual concepts into terms that can be understood by business, legal, finance, and risk stakeholders.

· Strong organizational competency with the ability to independently manage competing priorities.

· Ability to work independently and exercise sound judgement

· Attention to detail and accuracy

· Strong analytical, reporting, and presentation skills

· Comfortable with organizational change and transformation.

· Understanding of key financial, legal, and operational controls required in a heavily regulated organization.

If you are interested in hearing more about the position, please respond to this posting with your resume attached.
Please forward this posting to any friends or colleagues as we do offer a Referral Bonus for any candidate hired.
 
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