Sr. Procurement Category Specialist

PRA   •  

Norfolk, VA

5 - 7 years

Posted 237 days ago

This job is no longer available.

Position Summary: 

Sourcing (Procurement) responsibility for IT and Analytics spend and developingcategory sourcing plans. The position requires cross -functional collaboration with PRA Group’s IT Teams and Analytic Teams in the development of request for proposals,contract negotiations, administration and leadership of the sourcing and supplier/vendor selection process. In conjunction with key stakeholders develop the business case surrounding the opportunity/need for supplier engagement. Identifying key business requirements; lead supplier identification, evaluation, price negotiation andcontracting for new supplier spend and for renewals with existing suppliers; and communicate relevantfinancialand procurement information to support approvals to spend and pay suppliers.

Key Responsibilities (other duties may be assigned):

Category Forecasting and Planning:

  • Conducts category spend analysis as needed to identify areas of spend deficiency
  • Leads planning and acquisition projects related to IT equipment, enterprise-wide software licensing, application development, support and maintenance services, application integration and Analytics’ data providers and consulting services, in accordance with policy and procedure.
  • Identifies savings and service opportunities, including potential efficiency gains
  • May also support over flow of departmental projects where appropriate.

Sourcing & Vendor Onboarding:

  • Manages the RFI/RFP process or vendor selection and leads price negotiations.
  • Collaborates with Vendor Relationship Owners (VROs) to develop the appropriate statements of work and business requirements to ensure accurate and effective contracts are produced.
  • Ensures completion of the appropriate compliance documentation (e.g. OFAC searches, Due Diligence Questionnaires and IT Assessment Documents) in accordance with policy and procedure.
  • Support/Facilitate approval to spend and PO process in accordance with policy and procedure.

Contract Negotiations:

  • Collaborates with the Office of General Counsel to ensure market optimal terms and conditions and that statements of work/service level agreements reflect negotiated business requirements, in accordance with policy and procedure.

Vendor Off Boarding:

  • In partnership with key stakeholders (VRO or executive) ensures assets are protected and services are terminated and/or transitioned to a new supplier, in accordance with policy and procedure.

Professional Experience/Qualifications:

  • Bachelor’s degreerequired; and/or Strategic Sourcing Certification
  • Minimum 6+ years of related work experience.
  • Demonstrated experience leading RFP’s and negotiating, high dollar service agreements and/or managing strategic IT vendors.
  • In-depth knowledge of contract types, sourcing methods and procedures, performance incentives and procurement tools.
  • Highly effective interpersonal and technical skills
  • Strong business acumen and communication skills
  • Strong project management skills
  • Strong track record in meeting cost reduction targets