We are partnered with a leading financial services company who is seeking a Senior Sourcing Manager for a hybrid position based in the Winston-Salem area. The Senior Sourcing Manager oversees all aspects of the procurement function for designated categories, managing everything from vendor identification and contract negotiations to cost optimization and purchase order administration. The role ensures all procurement activities align with organizational standards and compliance requirements, including responsibilities dedicated to contract administration support.
Key Responsibilities:
- Drive strategic procurement initiatives that advance organizational priorities, overseeing the full lifecycle of contracts, purchase orders, RFPs, RFQs, and supplier integration
- Lead negotiations and contract renewals to secure favorable terms, competitive pricing, and maximum organizational value while conducting strategic analyses to uncover savings opportunities and optimize vendor portfolio efficiency
- Research and evaluate potential suppliers while leveraging cross-departmental vendor insights and facilitating comprehensive vetting processes
- Partner with internal teams across operations, legal, cybersecurity, risk management, and accounting departments while maintaining alignment with enterprise risk protocols and internal control standards
- Utilize Ariba platforms for procurement operations, including contract repository management and purchase requisition processing
Requirements:
- Four-year degree or comparable professional background and experience (MBA preferred)
- A minimum of 10 years in procurement or purchasing roles with proven expertise managing complete Source-to-Pay operations including contract administration, procurement execution, and accounts payable processes
- Strong capabilities in communication, stakeholder influence, and analytical problem-solving
- Background in technology or financial services procurement is a plus
- Process improvement certifications such as Six Sigma are valued
- Hands-on experience with Ariba Contract and Procurement platforms preferred