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Strategic Sourcing Senior Associate - Remote

Donnelley Financial, LLC
United States, Maryland, Rockville
11200 Rockville Pike (Show on map)
May 13, 2025
Description: Join a dynamic team at the pulse of global markets, where we deliver innovative software and service solutions for essential financial reporting and capital markets transactions. At DFIN, we are a values-driven organization that empowers you to build a fulfilling career while bringing your authentic self to work every day.Our "Win as One" mentality ensures that our team's success is directly linked to Client, Shareholder and Employee Satisfaction. Recognized by Newsweek as one of AMERICA'S MOST LOVED WORKPLACES for three consecutive years and a Built In Best Places to Work for six years, we are committed to our employees' total wellbeing. Enjoy competitive compensation, a flexible workplace, comprehensive benefits, and opportunities for professional growth. Bring your passion and talents to DFIN - because being YOU thrives here. Summary: Reporting directly to the Strategic Sourcing Manager, the Strategic Sourcing Senior Associate is responsible for the procurement and strategic development of materials/services commodities within the DFIN organization. The Strategic Sourcing Senior Associate will oversee DFIN's portfolio of vendors to identify cost savings opportunities and manage current/new supplier relationships through contract execution and negotiations. This individual will participate in cross-functional projects to drive efficiencies through the organization and generate cost improvements to create a value proposition for the organization. Responsibilities: Establish and maintain a portfolio of vendor agreements and supplier relationships for DFIN's vendors. Work in a team environment to implement global sourcing and supplier strategies in correlation with market trends, business needs, and competitive landscape creating company roadmap for short, medium, and long-term gains Leverage both current and new supplier relationships to drive cost reductions, negotiate long-term agreements, and form strategic partnerships that enhance the supplier portfolio to provide positive financial impacts and increased stability Collaborate with cross-functional teams to develop MSAs and SOW's that reflect business needs in a way to clearly communicate to supply base and effectively support the business units Conduct thorough RFI/RFP process and supplier selection in order to achieve cost targets, adhere to contractual requirements, and follow strategic plans Initiate benchmark analysis to identify potential cost gaps and ensure price alignment across commodity Work with purchase requisitioners to create purchase orders in conjunction with Master Product and Service Agreements and annual budgetary needs Collaborate effectively across all organization levels and functions to drive business units toward common goals and objectives that are in alignment with procurement initiatives Conduct commodity and supplier analysis to recognize and implement potential opportunities, gaps and risk analysis, and areas for efficiency gains Ensure the organization's procurement and contracts (and contract management) policies, processes, procedures, standards, and guidelines are followed Ascertain relevant market knowledge and best practices to offer alternative/improved solutions driving improvements in business operations Qualifications: Bachelor's degree in business, Supply Chain, or related field 3-5 years' experience in Purchasing, preferably in IT Procurement with a focus on vendors in IT Software, SaaS, Infrastructure, Network/Telecom space. Preferred Skills: Proven experience in effectively managing supplier relationships Direct experience negotiating contracts relating to corporate business units Demonstrate a solid understanding of legal terminology, contracts, contract language, contract terms and conditions, and contract redlining. SAP experience is a plus Demonstrated ability to use critical thinking when analyzing and resolving issues Possess strong project management skills and the ability to multi-task complex requirements. Strong interpersonal, problem-solving, and project management skills required Experience in identifying trends, managing commodities, and establishing strategic direction Ability to liaise and conduct project reviews with all levels of upper and executive management Excellent oral and written communication skills Strong negotiation skills with capability to employ creative measures to achieve optimal results Excel, MS Office Suite intermediate skills a must Robust analytical aptitude to generate business cases and sourcing opportunities It is the policy of Donnelley Financial Solutions to select, place, and manage all its employees without discrimination based on race, color, national origin, gender, age, religion, actual or perceived disability, veteran's status, actual or perceived sexual orientation, genetic information or any other protected status. 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