Experienced Full Stack Strategic Sourcing Specialist – Professional Services Procurement and Contract Negotiation
At arenaflex, we're storytellers, making the impossible, feasible. We do that by harnessing the power of innovation and pushing the envelope to create unforgettable experiences for our audiences across the globe. Now is your chance to join our talented team that delivers exceptional, innovative content to the world.
About the Role
The Senior Sourcing Specialist will be a key member of our strategic sourcing team, responsible for collaborating with business stakeholders across the organization to make informed sourcing decisions that maximize the value of our $1B+ annual professional services spend. This includes running RFPs, negotiating business and department-level deals, managing vendor relationships, recommending high-quality providers and innovations, facilitating process improvements, and bringing stakeholders together for collaboration and leveraging opportunities. We're the connective tissue across the organization, unlocking broader possibilities than what's possible at the department level.
Responsibilities
Join a dynamic team responsible for the strategic sourcing of Professional Services for arenaflex, building relationships with key executives, advising on market engagement to identify top-tier vendor partners, leading deal negotiations, and assisting in optimizing cross-departmental vendor relationships. You'll work on a wide range of projects that will keep your role exciting, exposing you to various service-providing industries, including consulting and advisory, financial, tax, audit, data subscriptions, translations, temporary workers, managed services, etc. This will allow you to grow in strategic thinking, relationship building, innovative problem-solving, process improvement, innovation sourcing, and other key skills that will elevate you as a strong business leader. As a Senior Sourcing Specialist, you'll be responsible for developing and implementing strategic sourcing plans and contractual arrangements through competitive bids and agreement negotiations. Your key responsibilities will include:
- Participating and leading cross-functional sourcing initiatives with key internal stakeholders
- Evaluating providers and experts based on pre-determined selection criteria
- Developing and leading RFI/RFP processes for professional services according to arenaflex policies and procedures
- Analyzing bids based on overall cost/delivery to identify opportunities to obtain the best value
- Preparing and executing clear, data-driven negotiation strategies using Strategic Sourcing methodology
- Preparing and executing contracts, as well as performing post-award administration
- Understanding and supporting the development and execution of performance control programs with vendors that focus on quality, responsiveness, and cost
- Ensuring compliance with Sourcing and Procurement regulations and best practices
- Communicating and documenting the status of any critical external relationships that may impact planning and decision-making
- Analyzing market trends and situations that affect internal stakeholders and external vendors or pricing
- Participating in professional development activities to stay up-to-date with current business best practices
- Demonstrating exemplary integrity and ethics in all instances
- Showing expertise with all aspects of the sourcing process for professional services agreements
Requirements
* 5+ years of strategic sourcing experience with a minimum of 2 years of professional services sourcing experience
- Ability to engage with and establish relationships with personnel at all levels
- Strong strategic agility
- Strong analytical skills
- Excellent written and oral communication skills
- Strong negotiation skills
- Ability to collaborate in a team environment
- Internal client awareness
- Ability/choice to work in various environments
- Ability to handle ambiguity
- Knowledge of:
+ Sourcing & Procurement processes + Basic legal terms and conditions + Entertainment industry trends and situations + Proven expertise with all aspects of the sourcing process for professional services agreements + Established experience working with the legal department on matters regarding boilerplate revisions to terms and conditions
Preferred Qualifications
* Experience working with and/or for companies that offer consulting and advisory services
- Professional Services Sourcing history is a plus
- Consulting/Advisory history is a plus
Required Education
* Bachelor's Degree in Business, Supply Chain, Finance, or related field
What We Offer
* Competitive salary range of $25 to $30 per hour
- Opportunity to work with a dynamic team that delivers exceptional, innovative content to the world
- Collaborative and inclusive work environment
- Professional development opportunities to stay up-to-date with current business best practices
- Flexible remote work arrangement
- Comprehensive benefits package
How to Apply
If you're a strategic sourcing professional looking for a new challenge, we encourage you to apply for this exciting opportunity. Please submit your application through our website. Apply Now! Apply for this job