Senior Associate, Technology and Strategic Sourcing

Senior Associate, Technology And Strategic Sourcing

Our client, a Mass Media and Entertainment company, is looking for a Senior Associate, Technology and Strategic Sourcing for their New York, NY/ Troy, NY/ Remote/ Hybrid location. Responsibilities include serving as a strategic partner in client's technology sourcing and vendor management function, leading complex procurement initiatives, contract negotiations, and vendor relationships that drive business value and support technology objectives.

The position combines commercial acumen, stakeholder management, and analytical expertise to evaluate technology solutions, negotiate agreements, manage supplier performance, and guide cross-functional teams through the full lifecycle of technology acquisitions while ensuring compliance with procurement policies and industry best practices.

Senior Associate will provide in-depth support to the processing and operations functions, including:

• Administering the request for proposal/quote/information (RFX) process and the competitive bid process for technology vendor selection, where applicable.
• Identifying and assessing technology vendors/products from a strategic perspective, to ensure that vendor/product selection is aligned with client Technology objectives and strategies.
• Executing transactional procurement activities (e.g. order forms, SOWs, renewals)
• Ensuring compliance with client sourcing & procurement policies.

Senior Associate will act as a client business representative for technology vendors, including:

• Managing client's business relationships with vendors, focusing on business issues, escalations and other nonoperational matters.
• Planning and managing vendor business reviews; analyzing and rating key vendors.
• Preparing and delivering briefing documents, status reporting, and other data/reports on key technology relationships for senior management.

Senior Associate will handle business and technical negotiations for technology transactions, including:

• Gathering requirements from relevant stakeholders.
• Reading, interpreting, understanding and communicating technology contract terms. Partner with legal to understand legal concepts and challenges, and problem solve to overcome challenges.
• Working with Finance and Business Stakeholders to identify budgetary constraints and develop desired set of commercial terms.
• Negotiating pricing and other commercial terms, as well as Statements of Work, Service Level Agreements and other technical/operational documents.
• Owning overall responsibility for delivering finalized agreements in accordance with applicable timing requirements and other relevant factors.

Senior Associate will help develop vendor selection, negotiation and relationship management processes and policies.

Act as liaison for Technology Business Unit Stakeholders across Legal, Finance, Security, and Procurement and other client support departments throughout contract negotiation and relationship management process.

Work with teams to ensure that technology acquisition complies with client sourcing and procurement policies regarding competitive bidding.

Maintain knowledge of sourcing, contract negotiation and relationship management best practices and industry trends

Exercises impartial judgment in selecting methods and evaluation criteria for obtaining results or evaluating supplier responses to RFXs.

Works on complex issues where analysis of situations or data requires an indepth evaluation of variable factors.

Develops financial models, including present mode of operation (PMO) and future mode of operation (FMO), to determine business case for deal or comparison between multiple vendors

Advise and consult with clients on market trends, technology, new products, and training.

Maintain accurate contracting data, vendor records, and transaction information.

Management has the right to add or change duties and job requirements at any time.

Requirements include:

• Effective communication skills
• 3+ years;
  Efficiency communicating with all levels of business (from external partners to executive stakeholders). Ability to translate requirements and remain timely in responses.
• Experience with Financial Analysis
• 3+ years;
  Abilit…