What are the responsibilities and job description for the Senior Director IT Vendor Management position at Novamed?
Job Details
Description
ESSENTIAL FUNCTIONS:
Description
ESSENTIAL FUNCTIONS:
- Develop and lead the enterprise-wide IT vendor management strategy, including vendor selection, onboarding, performance evaluation, and offboarding.
- Oversee IT procurement processes, ensuring alignment with budgetary goals, compliance standards, and strategic sourcing principles.
- Manage the full lifecycle of IT contracts, including negotiation, execution, renewal, and termination, in collaboration with legal and finance teams.
- Establish and maintain vendor governance frameworks, including SLAs, KPIs, and risk assessments.
- Collaborate with IT leadership and business stakeholders to forecast procurement needs and align vendor capabilities with technology roadmaps.
- Monitor vendor financial health, operational performance, and compliance with contractual terms.
- Lead cross-functional initiatives to improve procurement efficiency, cost savings, and vendor accountability.
- Provide executive-level reporting on vendor performance, procurement metrics, and contract status.
- Mentor and manage a team of procurement and vendor management professionals.
- Lead the development of an annual IT Procurement and Vendor Management Workplan aligned to enterprise priorities, financial goals, and technology roadmaps.
- Partner with Finance, IT, and business leadership each fall to review prior-year performance, identify strategic sourcing opportunities, and define next-year objectives.
- Build a clear set of measurable goals for the calendar year, including sourcing initiatives, contract renewals, vendor performance targets, and risk mitigation actions.
- Present the proposed workplan to executive leadership for alignment and approval, and track progress quarterly through performance dashboards and KPI reporting.
- Adjust priorities throughout the year based on business needs, budget changes, or new strategic initiatives.
- % of IT spend under active contract governance
- Annual cost savings or cost avoidance achieved
- Vendor performance rating improvement year over year
- Reduction in contract cycle time
- % of vendors asses for cybersecurity and compliance risk
- Stakeholder satisfaction
- Bachelor’s degree in Business Administration, Information Technology, Supply Chain Management, or related field; MBA or equivalent preferred.
- 10 years of experience in IT procurement, vendor management, or contract administration, with at least 5 years in a leadership role.
- Proven experience in developing and executing vendor governance frameworks and procurement strategies.
- Strong understanding of IT products, services, licensing models, and market dynamics.
- Excellent negotiation, communication, and stakeholder management skills.
- Proficiency in contract management systems and procurement platforms.
- Ability to lead cross-functional teams and drive strategic initiatives.
- Strong analytical and financial acumen with experience managing budgets and vendor spend.
- Comprehensive health, dental, and vision insurance
- Health Savings Account with an employer contribution
- Life Insurance
- PTO
- 401(k) retirement plan with a company match
- And more!
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