Our client, a Washington DC based financial services leader, is seeking a Contract Specialist to be responsible for partnering with the Director of IT Sourcing to support full cycle IT contracts. Our client is targeting Commercial Market experience.
Responsibilities:
- Execute comprehensive strategic sourcing, including RFX, negotiations, and contracting to operationalize supplier agreements. Drive cost reduction and demand management initiatives within Software, Hardware, and Cloud categories.
- Deliver procurement expertise through assuming a leadership role in the following actions: Independently analyze and interpret data, and develop strategies to drive performance improvements, innovation, savings, and mitigate risks in highly complex, business critical goods and services. Drive implementation of these solutions.
- Negotiate agreement terms with selected suppliers.
- Lead communication with key stakeholders (legal, BU, finance, etc.) to execute contracts.
- Continually assess market conditions for potential opportunities and risks, and utilize industry understanding to bring forth innovative solutions.
- Establish, execute, and track project plans, utilizing fundamental project management techniques.
Desired Experience:
- Minimum of 2 years of sourcing experience in Technology (Software, Hardware and Cloud).
- Strong contract negotiation skills and experience working with redline documents and Legal throughout complex contracting processes.
- Demonstrated success in leading sourcing project teams for indirect related categories which result in successful sourcing project delivery with qualitative and quantitative results preferred.
- Ability to use metrics, methods and procedures which drive sourcing results across the team / projects, and provide linkage to corporate objectives. Excellent analytical skills are required.
- Experience performing supplier financial analyses. Experience in reporting, and the use of spreadsheets.
- Bachelor degree or equivalent
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