Sourcing and Procurement Manager - IT

About the role

Verisign helps enable the security, stability, and resiliency of the internet. We are a trusted provider of internet infrastructure services for the networked world and deliver unmatched performance in domain name system (DNS) services.

We are a mission focused, values driven company where each individual can contribute to building a stronger, more secure internet. We offer a dynamic and flexible work environment with competitive benefits and the ability to grow your career.

Responsibilities

• Leads the execution of strategic sourcing and competitive bidding initiatives, including conducting spend and data analysis, internal assessments, drafting requests for proposals, evaluating proposals, and negotiating with suppliers
• Collaborates with stakeholders on business and technical requirements and throughout the procurement process
• Led the negotiation of commercial terms with suppliers
• Maintains purchasing-related documentation, including sourcing assessments and deliverables, supplier performance information, compliance metrics and value capture results
• Reviews and analyzes purchase requisitions and coordinates purchasing activities with the procurement strategy, including use of preferred suppliers
• Marks and reviews purchase requisitions and purchase orders to ensure transactions are processed in a timely and accurate manner
• Leads and/or participates in the supplier performance management reviews
• Develops and maintains policies and procedures for procurement related processes
• Identifies, tracks and reports on spend and other key metrics

Requirements

• Strong attention to detail, ability to manage multiple priorities and comfort working in a dynamic environment
• Bachelor’s Degree or equivalent work experience
• 8 + years of related progressively responsible related business experience leading strategic sourcing and contracting initiatives across various spend categories, including Corporate Services, Information Technology, Professional Services and Telecommunications
• 5 + years of experience in technology sourcing, procurement, ideally in a tech-driven environment
• 2 + years negotiating enterprise software agreements
• Strong analytical, problem-solving, communication and stakeholder management skills
• Proven experiences in leading complex sourcing and contracting initiatives on enterprise level software contracts
• Track record in leading procurement process improvement initiatives
• Experience using procurement and contract management systems (e.g., Oracle, Workday, Zycus, SAP)
• Proficiency in Microsoft Excel (for data analysis) and PowerPoint (building executive-level presentations)

Qualifications

• Bachelor’s Degree or equivalent work experience
• 8 + years of related progressively responsible related business experience leading strategic sourcing and contracting initiatives across various spend categories, including Corporate Services, Information Technology, Professional Services and Telecommunications
• 5 + years of experience in technology sourcing, procurement, ideally in a tech-driven environment
• 2 + years negotiating enterprise software agreements
• Strong analytical, problem-solving, communication and stakeholder management skills
• Proven experiences in leading complex sourcing and contracting initiatives on enterprise level software contracts
• Track record in leading procurement process improvement initiatives
• Experience using procurement and contract management systems (e.g., Oracle, Workday, Zycus, SAP)
• Proficiency in Microsoft Excel (for data analysis) and PowerPoint (building executive-level presentations)

Skills

• Strategic Sourcing
• Contract Negotiation
• Cost and Value Analysis
• Stakeholder Collaboration

Benefits

The pay range is $123,500 - $167,100. The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience. Verisign offers a discretionary bonus which is based on individual and company performance, and certain roles may be eligible for discretionary stock awards.

Pay

The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience.

Schedule

This position is based in our Reston, VA and offers a hybrid work schedule.