72 applicants

Company

Assurant · 5 days ago

Sourcing Manager

Full-time

Remote

Entry, Mid Level

$73K/yr - $122K/yr

1+ years exp

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Responsibilities

Execute assigned strategic sourcing and procurement initiatives and agreements with little supervision required

Seeks “win-win” outcomes that achieve sustainable relationships with suppliers and business stakeholders

Support supplier agreements/contracts working with Sourcing team colleagues, cross-functional stakeholders, and suppliers to reach agreement on contract terms and conditions

Strong analytical & reporting skills in support of Director of Sourcing

Generally, understand industry trends to help proactively identify issues to minimize risk, protect continuity of services, and utilize emerging opportunities

Provide input to vendor selection and build ongoing vendor relationships

Understand and support short-term and long-range planning goals and objectives of the Global Sourcing team

Support established vendor governance program with key suppliers including metrics, performance goals and improvement initiatives

Adhere to Sourcing policies and standard processes while ensuring compliance within the department

Seek to continuously improve productivity and efficiency within assigned scope of responsibility

Understand the cost drivers in assigned category and seek highest levels of ROI on behalf of Assurant

Monitor value leakage within assigned supplier agreements

Support Global Sourcing teams annual operating budget, savings targets, and strategic initiatives

Monitor value leakage within key supplier agreements

Intermediate understanding of financial planning process to ensure initiatives result in savings and savings are extracted from FP&A process across multiple cost centers, functions, and entities

Should have understanding of financial planning process to ensure initiatives result in savings and savings are extracted from FP&A process across multiple cost centers, functions, and entities

May monitor supplier performance, outsourcing portfolio, and opportunity catalog across an assigned scope of supplier services and outsourced functions.

Support the creation of issue and risk action and mitigation plans and assist in all activities associated with the execution and review of contracts.

May have responsibilities with a global team of outsourced providers and an analyst team in India

Responsible for supporting projects that deliver not only cost savings but also continuous improvement and cost optimization of suppliers and spend, while balancing the needs and desired business results of stakeholders. Results and benefits are measured across financial and operational dimensions, including total cost of ownership, contract quality and time to complete.

Experience working in a cross functional model supporting initiatives/agreements across multiple stakeholders and lines of business (IT/technology/operations/finance/sales/marketing/legal/HR/Real estate & facilities)

Report escalations/disputes between cross-functional stakeholders and suppliers and/or engage leadership as appropriate

Commitment to supplier diversity

Ability to manage intermediate level projects and accountable to ensure successful delivery (on time, within budget, meeting agreed upon success criteria)

Knowledge of the legal terminology and language related to third-party agreements and contracts

Application of sourcing and supplier industry concepts for assigned scope of responsibility

Sound skills and working knowledge of MS Office and MS Excel

Must have excellent presentation and communication skills

Ability to interact with the lower to mid-levels of executive leadership within Assurant and the supplier

Must ensure compliance at all times with company business policies and procedures

Experience with ServiceNow, Apttus, and Oracle preferred but not required

Qualification

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SourcingProcurementContract ManagementFinancial PlanningVendor ManagementMS OfficeMS ExcelServiceNowApttusOracleSupplier DiversityLegal TerminologyProject ManagementCross-Functional Collaboration

Required

1-3 or more years’ experience in either Sourcing or Procurement industry

1-3 or more years’ experience large category and contract management

Should have general understanding of financial planning process to ensure initiatives result in savings and savings are extracted from FP&A process across multiple cost centers, functions, and entities