What are the responsibilities and job description for the Sr. Sourcing Associate position at nTech Workforce?
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Title: Sr. Sourcing Associate
Location: Reston, VA (Hybrid)
Duration: 1-3 Years Contract
Job Description:
Terms of Employment
- W2 Contract, 1-3 Years
- Remote Opportunity. (Candidates must reside in DMV)
Responsibilities Lead Stakeholder Engagement and Sourcing Initiatives:
- Collaborates with business stakeholders and procurement management to determine sourcing category strategy.
- Responsible for working with business stakeholders and procurement management to frame and develop project objectives, requirements, and sourcing strategy prior to supplier engagement.
- Drafts and leads the applicable sourcing process through scoring and completion (e.g. RFx, sole source, etc.).
- Acts as primary contact with potential suppliers during the RFx, selection, and negotiation process.
- Leads supplier negotiations throughout RFx and contracting process to achieve optimal savings, value, and risk profile.
Negotiate and Draft Contracts:
- Implements the sourcing strategy and negotiation and redlining process with the supplier to draft contracts that accurately capture business, technical, and legal requirements (including contractual and purchase order documentation).
- Acts as liaison with business owner and supplier during negotiations.
- Works closely with legal and risk groups to ensure consistent communication and socialization of significant legal and risk issues throughout the negotiation process.
- Interacts routinely with legal and business owner to resolve issues.
- Responsible for the preparation and submission of documentation for consent from the Federal Government (as applicable).
- Ensures and adheres to corporate purchasing policy directives and Federal Government regulations.
- Ensures compliance with contractual requirements for Federal Employee Program and other state and local contracts specifically related to MBE/WBE requirements and reporting.
- Consolidates requirements and coordinates with management to determine the most suitable method of purchase such as spot purchase orders, contracts, blanket orders and supplier stocking arrangements.
Supplier Management:
- Ensures procurement process is followed and all documentation is complete and accessible in the Ariba source to pay system.
- Analyzes and compares service and/or product offerings and specifications, investigates future renewal requirements and options, and resolves contract and invoice discrepancies.
- Manages existing contracts to anticipate and prepare for ongoing renewals.
- Provides other services related to the sourcing, contracting, and supplier management function as required.
Required Skills & Experience
- Bachelor’s degree or equivalent experience and four (4) to six (6) years’ experience in a relevant functional assignment (e.g. Professional Services, Facilities, HR, Marketing, IT, IT Services, or other applicable procurement focus area).
- Extensive experience in managing the end to end sourcing process from requirements gathering through RFx and contracting.
- Robust pricing and contractual negotiations with suppliers.
- Effective presentation and influencing skills to interface with multiple levels of management.
- Experience in analyzing pricing and determining price reasonableness.
- Proven experience with key category suppliers.
- Excellent project and time management skills including but not limited to risk assessment, workplan development and management.
- Developed analytical, organizational and coordination skills.
- Able to apply complex problem-solving abilities to achieve problem ad process solutions.
- Ability to spot, communicate and mitigate issues.
- Flexibility and ability to work independently as well as part of a team.
- Must be able to effectively work in a fast-paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time.
- Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence.
- Must be able to effectively communicate and provide positive customer service to every internal and external customer.
Preferred Skills & Experience
- Experience in the Health Insurance industry.
- Knowledge of the Federal Acquisition Regulation (FAR).
- Knowledge of Ariba or similar procurement automation tools
Sincerely,
Preetam Raj
Lead Technical Recruiter
nTech Workforce Inc.
D: 410-505-4857 EXT: 726
E: preetam@ntechworkforce.com
preetam(at)ntechworkforce(dot)com