What are the responsibilities and job description for the Procurement Manager position at Edelman Financial Engines?
Procurement Manager (Boston)
At Edelman Financial Engines (EFE), our purpose is to guide people with the financial advice they need to thrive.
We believe that every dollar saved represents a lifetime of hard work and aspirations, and every dollar invested has job to do for our clients. That’s why we are committed to managing our clients’ investments by truly understanding them as people first and then delivering advice, strategies and solutions to help them feel confident about the plans they are making, whether for today, tomorrow, or in the great unknown future. Our goal is to build long-term relationships based on respect, integrity, and a belief that our responsibility is to help people make smart investments decisions in every stage of their lives.
Our culture is grounded in our CORE values: Client First, One Team, Respectful Candor, and Endless Curiosity. These values guide everything we do, for our clients and each other. We are committed to moving forward together. If you are inspired by purpose-driven work and a collaborative, values-led culture, we invite you to explore a career with us.
As an Indirect Procurement Manager on EFE’s enterprise Procurement team, you’ll be responsible for contributing to the Procure-2-Pay lifecycle process in addressing Edelman Financial Engines business requirements using a strategic sourcing approach, to evaluate and select vendors for non-production goods and services that are of the highest quality and best value; and for providing direction and oversight ensuring that daily operations are performed within budget, with integrity and in accordance to the company’s Policies and Procedures. The Procurement function is a centralized shared services function within the FP&A organization. The role is a strategic sourcing manager position with in-depth supply management, vendor management and overall indirect procurement experience including project management and spends analytics.
We are looking for someone who, as an individual contributor, has proven success developing and maintaining strong internal relationships to understand, support and guide the business goals while providing assertive leadership in mitigating risk, negotiating commercial terms and executing effectual legal contracts to help support various cross functional departments including Human Resources, Information Technology, Financial Market Data, Marketing, and Operations. In addition, the Procurement Manager would be responsible for Event offsites, convention and board meeting agreements as well as creating and tracking purchase orders per auditing and compliance policies.
Responsibilities
Your recruiter can share more about the specific benefits eligible for this role during the hiring process.
About Edelman Financial Engines
Since 1986, Edelman Financial Engines has been committed to always acting in the best interests of our clients. We were founded on the belief that all investors – not just the wealthy – deserve access to personal, comprehensive financial planning and investment advice. Recognized by Barron’s as a top RIA firm for eight years in a row (awarded each September (2018-2025) based on prior 12-month data through June 30)1, we support more than 1.27 million clients across 140 offices nationwide and manage over $324 billion in assets 2. Our unique approach to serving clients combines our advanced methodology and proprietary technology with the attention of a dedicated personal financial planner. Every client’s situation and goals are unique, and the powerful fusion of high-tech and high touch allows Edelman Financial Engines to deliver the personal plan and financial confidence that everyone deserves.
For more information, please visit EdelmanFinancialEngines.com.
© 2026 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Certain services provided on an educational and guidance basis only. Results are not guaranteed.
For California residents, please see the link for the Privacy Notice for Candidates. California law requires that we provide you this notice about the collection and use of your personal information. Please read it carefully.
Edelman Financial Engines encourages success based on our individual merits and abilities without regard to race, color, religion, creed, sex, gender identity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, military service or veteran status.
Accommodations are modifications or adjustments to the hiring process that would enable you to fully participate in that process. If you need assistance to accommodate a disability, you may request one at any time by either contacting your recruiter or efetalentacquisition@edelmanfinancialengines.com.
1 The Barron’s Top 100 RIA Firms list, an annual ranking of independent advisory firms, is based on qualitative and quantitative criteria. Firms elect to participate but do not pay to be included in the ranking. The 2018 ranking refers to Edelman Financial Services, LLC, which combined its advisory business in its entirety with Financial Engines Advisors L.L.C. (FEA) in November 2018. For the same survey, FEA received a precombination ranking of 12th.
2 Edelman Financial Engines data, as of September 30, 2025.
At Edelman Financial Engines (EFE), our purpose is to guide people with the financial advice they need to thrive.
We believe that every dollar saved represents a lifetime of hard work and aspirations, and every dollar invested has job to do for our clients. That’s why we are committed to managing our clients’ investments by truly understanding them as people first and then delivering advice, strategies and solutions to help them feel confident about the plans they are making, whether for today, tomorrow, or in the great unknown future. Our goal is to build long-term relationships based on respect, integrity, and a belief that our responsibility is to help people make smart investments decisions in every stage of their lives.
Our culture is grounded in our CORE values: Client First, One Team, Respectful Candor, and Endless Curiosity. These values guide everything we do, for our clients and each other. We are committed to moving forward together. If you are inspired by purpose-driven work and a collaborative, values-led culture, we invite you to explore a career with us.
As an Indirect Procurement Manager on EFE’s enterprise Procurement team, you’ll be responsible for contributing to the Procure-2-Pay lifecycle process in addressing Edelman Financial Engines business requirements using a strategic sourcing approach, to evaluate and select vendors for non-production goods and services that are of the highest quality and best value; and for providing direction and oversight ensuring that daily operations are performed within budget, with integrity and in accordance to the company’s Policies and Procedures. The Procurement function is a centralized shared services function within the FP&A organization. The role is a strategic sourcing manager position with in-depth supply management, vendor management and overall indirect procurement experience including project management and spends analytics.
We are looking for someone who, as an individual contributor, has proven success developing and maintaining strong internal relationships to understand, support and guide the business goals while providing assertive leadership in mitigating risk, negotiating commercial terms and executing effectual legal contracts to help support various cross functional departments including Human Resources, Information Technology, Financial Market Data, Marketing, and Operations. In addition, the Procurement Manager would be responsible for Event offsites, convention and board meeting agreements as well as creating and tracking purchase orders per auditing and compliance policies.
Responsibilities
- Creation of analytics and savings tracking and scorecard metrics
- Drive procurement cost reduction initiatives without compromising service levels to meet business financial targets.
- Proven excellence and leadership capabilities in contract negotiations with Indirect suppliers for optimal contract terms while mitigating financial and operational risk
- Excellent Communicator – demonstrates excellent written communication skills across all levels of the organization. Ability to present to the Head of Procurement and senior management ideas, issues and recommendations spearheading business change.
- Innovative and technically proficient in P2P systems (i.e. Oracle NetSuite)
- Supporting and guiding business managers with large scale contracts for inventory accuracy, tiered pricing for leverage buying, contract pricing flexibility and budget management
- Strategic evaluation, analysis and negotiation of best in class contract terms.
- Proficiency/Exposure redlining commercial contract terms and conditions and direct interface/representative of the firm for indirect sourcing contract negotiations
- Creative critical thinking in negotiating and implementing fee structure commitments with suppliers that supports the business requirements
- Development of competitive tiered pricing models
- Lead Indirect Procurement sourcing activities including RFP initiatives including initiation, creation, launch, tracking and analysis, competitive bid negotiation, drafting and redlining, to final contract execution.
- Management of select category support & maintenance agreements, Professional Services agreements and SaaS/SW renewals
- Audit and collaborate with business owner’s category specific inventories ensuring proper requirements are identified and adequate licensing/consumption is gained, and cost control measures are implemented
- Supporting and establishing annual budget targets for recurring agreement commitments.
- Lead meetings across multiple departments in driving change and consolidation of suppliers for cost savings and vendor optimization
- Closely work with the Accounts Payable team in ensuring Purchase Orders are entered and Contracts are matched with invoices for timely and accurate invoice payment process.
- Ability to balance multiple priorities in a high-volume environment while ensuring excellent attention to detail; ability to establish and implement objectives and strategy
- 5-7 years’ Procurement experience in indirect sourcing
- Knowledge of Microsoft Office Suite, intermediate level for excel and PowerPoint
- ERP Systems experience and knowledge (i.e Oracle, SAP, Coupa, etc.)
- Bachelor’s degree or equivalent work
- Certification in Procurement (i.e. CPM, CTPE, CPP, SPSM, CIPS) preferred
Your recruiter can share more about the specific benefits eligible for this role during the hiring process.
About Edelman Financial Engines
Since 1986, Edelman Financial Engines has been committed to always acting in the best interests of our clients. We were founded on the belief that all investors – not just the wealthy – deserve access to personal, comprehensive financial planning and investment advice. Recognized by Barron’s as a top RIA firm for eight years in a row (awarded each September (2018-2025) based on prior 12-month data through June 30)1, we support more than 1.27 million clients across 140 offices nationwide and manage over $324 billion in assets 2. Our unique approach to serving clients combines our advanced methodology and proprietary technology with the attention of a dedicated personal financial planner. Every client’s situation and goals are unique, and the powerful fusion of high-tech and high touch allows Edelman Financial Engines to deliver the personal plan and financial confidence that everyone deserves.
For more information, please visit EdelmanFinancialEngines.com.
© 2026 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Certain services provided on an educational and guidance basis only. Results are not guaranteed.
For California residents, please see the link for the Privacy Notice for Candidates. California law requires that we provide you this notice about the collection and use of your personal information. Please read it carefully.
Edelman Financial Engines encourages success based on our individual merits and abilities without regard to race, color, religion, creed, sex, gender identity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, military service or veteran status.
Accommodations are modifications or adjustments to the hiring process that would enable you to fully participate in that process. If you need assistance to accommodate a disability, you may request one at any time by either contacting your recruiter or efetalentacquisition@edelmanfinancialengines.com.
1 The Barron’s Top 100 RIA Firms list, an annual ranking of independent advisory firms, is based on qualitative and quantitative criteria. Firms elect to participate but do not pay to be included in the ranking. The 2018 ranking refers to Edelman Financial Services, LLC, which combined its advisory business in its entirety with Financial Engines Advisors L.L.C. (FEA) in November 2018. For the same survey, FEA received a precombination ranking of 12th.
2 Edelman Financial Engines data, as of September 30, 2025.