Strategic Sourcing Associate - Remote at Donnelley Financial, LLC

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.Recognizedas one of AMERICA'S MOST LOVED WORKPLACES for five consecutive years and aBuilt In Best Places to Work for six years, we are committed to our employees' total well-being. 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 Associate is responsible for the procurement and strategic development of materials/services commodities within the DFIN organization. The Strategic Sourcing 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 role is responsible for executing Procurement activities, assisting in contract development, and ensuring alignment with business needs and compliance requirements.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 gainsNegotiate contracts, pricing, and terms with vendors.Leverage both current and new supplier relationships to drive cost reductions, manage long-term agreements, and form strategic partnerships that enhance the supplier portfolio to provide positive financial impacts and increased stabilityCollaborate with cross-functional business teams to draft and negotiate MSAs and SOW's that align with strategic objectives, clearly articulate business requirements to suppliers, and effectively support the operational needs of each business unitConduct thorough RFI/RFP process and supplier selection in order to achieve cost targets, adhere to contractual requirements, and follow strategic plansInitiate benchmark analysis to identify potential cost gaps and ensure price alignment across commoditiesCoordinate with purchase requisitioners to generate purchase orders that align with Master Product and Service Agreements and support annual budgetary planning and complianceCollaborate effectively across all organization levels and functions to drive business units toward common goals and objectives that are in alignment with procurement initiativesConduct commodity and supplier analysis to recognize and implement potential opportunities, gaps and risk analysis, and areas for efficiency gainsEnsure the organization's procurement and contracts (and contract management) policies, processes, procedures, standards, and guidelines are followedAscertain relevant market knowledge and best practices to offer alternative/improved solutions driving improvements in business operationsQualifications:Bachelor's degree in business, Supply Chain, or related field3-5 years' experience in Purchasing as a Buyer, preferably in IT Procurement with a focus on vendors in IT Software, SaaS, Infrastructure, Network/Telecom space.Preferred Skills: Experience in effectively managing supplier relationshipsExperience in negotiating contracts relating to corporate business unitsWorking knowledge and understanding of NDAs, MSAs, EULAs, SOWs and DPAsDemonstrate a solid understanding of legal terminology, contracts, contract language, contract terms and conditions, and contract redlining.SAP experience is a plusDemonstrate ability to use critical thinking when analyzing and resolving issuesDemonstrate foundational project management skills and the ability to manage multiple tasks and priorities in a dynamic environment.Strong interpersonal, problem-solving, and project management skills requiredWell-versed negotiation skills with capability to employ creative measures to achieve optimal resultsExcel, MS Office Suite intermediate skills a mustRobust analytical aptitude to generate business cases and sourcing opportunitiesIt 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 status, actual or perceived sexual orientation, genetic information or any other protected status.If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or accessjobs.dfinsolutions.com as a result of your disability. You can request a reasonable accommodation by sending an email to [email protected] DFIN, protecting your identity is a top priority. Please be aware of scammers impersonating DFIN recruiters. DFIN recruiters will never request personal information via email or text. You will only receive a text from us if you've already been in contact. All automated messages will come [email protected]. If you ever have doubts about the legitimacy of any communication from us, please do not hesitate to reach out for verification via [email protected] (this email is for general TA questions and is not used for updates on your application status).#BI-Remote