Vendor Management Specialist

Responsibilities
Kforce has a client that is seeking a Vendor Management Specialist in Oldwick, NJ. Responsibilities:

• Manage a portfolio of multiple vendor engagements across all departments, while driving operational efficiencies and providing excellent client services
• Build and maintain long-lasting relationships with vendors
• Negotiate product pricing and contracts with vendors; Assist with updating, renewing, and canceling vendor contracts
• Communicate product-related issues and concerns to vendors
• Research new vendors in the market
• Facilitate communications between vendors and stakeholders
• Track vendor performance and mitigating actions; Compile reports, as needed
• Support resolution of vendor activities, inquiries, issues, incidents, service requests, and escalations
• Maintain vendor and contract data in the system of record (Venminder) and ensure reports and performance targets are met, reported, and submitted from vendors to be uploaded in the system
• Coordinate with Accounts Payable to assure that vendors are fully reviewed before initial payment
• Manage the periodic review of vendors and track expiring due diligence, insurance and tax documentation
• Assist in reviewing, updating and enhancing vendor management procedures
• Keep abreast of US and EU regulatory requirements
• Perform other related duties as assigned

Requirements

• Bachelor's degree in relevant curriculum, legal, compliance, finance, or risk management preferred
• Three plus years in Procurement and Vendor Management or related field
• Experience in vendor management or procurement preferred. Certification in third party risk management preferred (CTPRP, CRVPM)
• Proficiency in MS Office, especially Excel
• Experience with Vendminder vendor management software preferred

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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