Edelman Financial Engines · 1 day ago
Senior Manager, Strategic Sourcing
Boston, MA
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $145K/yr
7+ years expEdelman Financial Engines is committed to providing financial advice to help clients thrive. The Senior Manager, Strategic Sourcing will lead procurement strategies, negotiate supplier agreements, and enhance operational effectiveness across various business categories.
ConsultingFinancial ServicesPersonal FinanceRetirement
Responsibilities
Proactively identify and implement efficiencies across the end-to-end Procure-to-Pay (P2P) process to enhance operational effectiveness
Lead procurement strategy and execution for key business categories including Facilities, Marketing, and Wealth Planning, ensuring alignment with organizational goals
Drive supplier innovation, cost optimization, and transformation initiatives to deliver measurable business value
Expertly negotiate and redline Professional Services Agreements, Statements of Work (SOWs), and technology/AI-related contracts, ensuring alignment with category-specific needs
Advise business stakeholders on procurement strategy, contract structure, and volume-based agreements; deliver utilization reports and define negotiation criteria to support compliance and budget management
Negotiate and implement supplier agreements with transparent, metric-driven fee structures that support business flexibility, including scalability during market downturns
Collaborate closely with internal Legal to review, approve, and finalize contract redlines and edits
Ensure timely and accurate creation, management, and closure of Purchase Orders (POs) for executed contracts; maintain contract records within SharePoint and ZYCUS (Procurement CRM platform)
Contribute to the annual review and enhancement of corporate Procurement Policies and Procedures, including Vendor Risk Management frameworks
Effectively prioritize and communicate and follow up with stakeholders to ensure accountability and leadership oversight for critical contracts supporting firm-wide operations
Prepare and deliver executive-level presentations on high-impact contracts and procurement initiatives using PowerPoint
Qualification
Required
Demonstrate expertise in negotiating supplier contracts that optimize terms while mitigating financial and operational risk
Technically proficient in Procure-to-Pay (P2P) systems and Microsoft Office Suite, with advanced skills in Excel and PowerPoint
Proven ability to manage multiple priorities effectively in a fast-paced environment, with a strong track record of cross-functional collaboration
7–10 years of progressive procurement experience, preferably within the Financial Services industry; Bachelor's degree (BA or BS) required
Exceptional written and verbal communication skills, with the ability to engage stakeholders at all levels of the organization
Skilled in presenting strategic recommendations, contract insights, and business initiatives to senior leadership, including the Head of Procurement
Benefits
Discretionary bonus
Health
Dental and other wellness plans
401(k) contributions
Company
Edelman Financial Engines
Edelman Financial Engines specializes in services concerning financial planning, retirement planning, personal finance and consulting.
Founded in 1986Boston, Massachusetts, USA
1001-5000 employees
H1B Sponsorship
Edelman Financial Engines has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (25)
2024 (32)
2023 (34)
2022 (46)
2021 (34)
2020 (30)
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Warburg Pincus
2021-03-15Private Equity
2012-04-16Acquired
Leadership Team
Ralph Haberli
Acting Chief Executive Officer
Suzanne van Staveren
Executive Vice President and Chief Financial Officer
Recent News
2025-12-10
2025-11-07
2025-10-15
Company data provided by crunchbase