Procurement & Contract Specialist
Indexed description
The position independently manages routine and moderately complex indirect procurement engagements, including commercial negotiations, contract development, vendor onboarding, and cross-functional coordination while supporting multiple concurrent business initiatives and ensuring timely execution. Competitive sourcing activities are performed when appropriate to support business objectives.
Essential Functions
Primary Responsibilities
- Partner with business stakeholders to understand business requirements, project objectives, implementation timelines, and supplier needs.
- Work collaboratively with the Senior Manager, Indirect Sourcing, to support high-priority business initiatives by independently managing assigned procurement engagements and helping ensure timely commercial execution.
- Manage assigned procurement engagements from initial request through contract execution and implementation.
- Manage routine and moderately complex procurement initiatives, including competitive sourcing activities when appropriate.
- Negotiate commercial terms, pricing, payment terms, service levels, warranties, and implementation commitments within established Procurement guidelines.
- Coordinate contract drafting, commercial review, negotiations, approvals, and execution with Legal, Risk Management, Information Security, Finance, Procurementteam, and business stakeholders.
- Drive assigned procurement engagements to completion by proactively coordinating activities, resolving issues, and maintaining communication with business stakeholders.
- Coordinate supplier onboarding, implementation activities, and transition to ongoing business support.
- Maintain procurement documentation, contract files, project status, and supporting records within Procurement systems.
- Provide timely project status updates and communicate risks or issues.
- Escalate complex, high-risk, or executive-level matters to the Senior Manager.
- Identify opportunities to improve procurement responsiveness, execution, and business support.
- Business Owners
- Legal
- Finance
- Risk Management
- Information Security
- Accounts Payable
- Treasury
- Serve as a Procurement resource responsible for driving assigned procurement engagements from request through contract execution and implementation.
- Manage multiple concurrent procurement projects while maintaining responsiveness to business priorities.
- Facilitate timely execution through effective coordination, issue resolution, and cross-functional communication.
- Work collaboratively with Procurement team members to ensure efficient workflow, documentation, and process execution.
- Exercise sound business judgment while appropriately escalating complex or high-risk matters.
- Improve budgeting and forecasting processes through driver-based planning.
- Develop rolling forecasts and scenario planning capabilities.
- Improve forecast accuracy through predictive planning.
- Deliver executive dashboards and KPI reporting.
- Support strategic decision-making through meaningful financial insights.
- Bachelor’s degree in Business, Supply Chain, Procurement, Finance, or a related discipline (or equivalent combination of education and experience) with 2–5 years of progressive experience in indirect procurement, sourcing, contract administration, or supply chain.
- Demonstrated experience negotiating commercial agreements, managing contract development, and coordinating procurement engagements through execution.
- Experience supporting indirect procurement across multiple business functions.
- Strong communication, organizational, project management, analytical and problem-solving skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Retail or multi-location business experience.
- Professional certification in procurement, supply management, contract management, or project management (e.g., ISM CPSM, NCMA CPCM, PMP).
- Experience with procurement and/or contract lifecycle management systems.
- Experience supporting competitive sourcing events, RFPs and supplier negotiations.
- Serve as a trusted Procurement partner for assigned procurement engagements, proactively communicating status, identifying obstacles, and driving timely resolution of issues.
- Deliver timely procurement and contracting support.
- Successfully manage multiple concurrent procurement engagements.
- Drive commercial agreements to timely execution.
- Maintain strong relationships with business stakeholders and suppliers.
- Effectively coordinate cross-functional reviews and approvals.
- Exercise sound business judgment and appropriate escalation.
- Contribute to improved business responsiveness, commercial execution, and Procurement effectiveness.
Work Schedule: Hybrid
- Onsite: Tuesdays, Wednesdays, and Thursdays Work from Home: Mondays and Fridays
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