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 isa Hybrid Role in Jersey City, NJ 07310 (2 or 3days 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)

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

• 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.

• Referral Bonus