Thomson Reuters logo

Senior Manager - IT Procurement

Thomson Reuters
NewPosted today

LOCATION

Bangalore · Hybrid

EXPERIENCE

8+ Years

TYPE

FullTime

SKILLS REQUIRED

Strategic SourcingContract NegotiationSupplier managementTotal Cost of OwnershipContract Drafting

Job description

Overview

Senior Manager, IT Procurement, leading procurement strategy and operations for Technology spend, including complex sourcing initiatives, contract negotiations, supplier management, and adoption of digital procurement capabilities.

What you'll do

  • Develop departmental plans, including business, operational, and organizational priorities, leveraging in-depth business and managerial knowledge within Procurement Operations.
  • Drive integrated procurement systems and operations strategy to help categories address business challenges.
  • Lead day-to-day procurement operations and support, including compliance management, system integration with core infrastructure, and spend and supplier management performance.
  • Drive the analysis of historical spend, existing contracts, and business budgets to build a clear view of addressable spend.
  • Develop and prioritize implementation plans for assigned initiatives and categories of spend, aligned with category agendas and business priorities.
  • Execute approved initiatives to reduce costs through digital tools such as eRFx and e-Auctions, manage risk through contract review, and support the business through timely execution.
  • Manage the resolution of complex or unusual procurement challenges.
  • Develop strong relationships with key stakeholders and work closely with Global Category Leads, Business, Finance, Legal, and Information Security teams to drive contract drafting and negotiation.

What you'll need

  • Bachelor's Degree.
  • Credible knowledge and expertise across a wide range of IT Procurement areas of spend, with significant experience successfully developing and negotiating agreements.
  • 8+ years of applicable experience across the Procurement value chain, operations, and program management, with a sound understanding of applicable laws and regulations.
  • Strong ability to understand business needs, historical spend, existing contract structures, applicable buying practices, and external market drivers to build an insightful profile for assigned spend.
  • Expert ability to understand key cost drivers across the end-to-end value stream within various IT subcategories, develop TCO/TVO models, and build strategies that drive sustainable value.
  • Excellent external and internal relationship management and cross-functional leadership skills.
  • Strong sourcing expertise, including deal architecture and negotiation skills, understanding of best-practice sourcing methodologies, and a demonstrated track record of working ethically to achieve excellent outcomes.
  • Strong experience across the contracting process, from drafting through negotiation and execution, applying best-in-class practices.
  • Knowledge of the sourcing marketplace and industry trends, including the ability to assess the impact of market changes on sourcing strategy.
  • Expert analytical capabilities and ability to develop high-quality sourcing collateral, including business cases, contract summaries, and RFx materials.
  • Experience with Source-to-Pay tools such as SAP Ariba and SAP Fieldglass.
  • Excellent written and verbal communication skills in English.
  • Experience building strong relationships with senior business executives.
  • Ability to operate effectively in a global and cross-functional environment.

Nice to have

  • Advanced degree or professional certification in Procurement, Supply Chain Management, Business, or a related field.
  • Professional certification such as CIPS, CPSM, CSCP, or equivalent.
  • Experience working across multiple geographies and with global procurement stakeholders.
  • Experience supporting procurement transformation or digital sourcing initiatives.
  • Strong familiarity with supplier management, procurement governance, and technology-enabled sourcing processes.

Details

  • Location: Bangalore, Karnataka, India (Bengaluru).
  • Flexible hybrid work model for office-based roles; work from anywhere for up to 8 weeks per year.

Read the full description and apply on the company’s own careers page.

Stay safe

Hiring on Abekus is free for applicants

We never charge a fee, and employers are prohibited from doing so. If a recruiter asks for payment, please report them right away.

Senior Manager - IT Procurement