Procurement Specialist at Comtec Consultants
Basking Ridge, NJ 07920
About the Job
Job Title: Procurement Specialist
Location: Remote, 10% travel to New Jersey
Duration: 12 Months
Job Description:
- Develop and launch RFQs / RFPs (request for quotation/proposal) to select suppliers in IT & non-IT categories, projects, and support services.
- Analyze the proposals and make recommendations to key internal stakeholders.
- Negotiate quality, time and cost of service as well as other commercial terms and conditions.
- Draft and review various commercial contracts and work collaboratively to ensure compliance and mitigate risk.
- Draft, review, negotiate, and finalize both routine and non-routine commercial contractual documents with efficiency and accuracy.
- Assess complex solicitations, identify potential risks and regulatory considerations, and propose appropriate mitigation strategies.
- Evaluate and analyze terms, conditions, and legal requirements within proposals, bids, and contract modifications.
- Help in contract ratification activities, interacting with supplier and Legal teams.
- Ensure compliance with corporate policies and regulations, providing guidance and support to management.
- Identify risk analysis factors to provide insightful recommendations on matters pertaining to contract terms and conditions. Collaborate with cross-functional teams to develop responses and propose alternative terms or language as needed.
- Organize, manage, and prioritize multiple proposal or contract negotiations efforts concurrently.
- Collaborate with internal stakeholders to develop a negotiation plan and lead negotiations with suppliers to obtain the best value for the services while mitigating legal risks for the Enterprise.
Requirements:
- Bachelor’s degree in Business, Operations Management, Supply Chain, or a related field.
- Minimum of 5 years’ experience in procurement and Contract Development & Management.
- Minimum of 2 years of experience with sourcing and negotiations of IT services.
- Hands-on experience developing IT and non-IT RFIs/RFPs.
- Experience negotiating contracts with large IT and non-IT outsourcing vendors.
- Ability to work collaboratively in a cross-functional, multi-cultural, matrix environment.
- Proactive: anticipates issues/opportunities & can work through multiple simultaneous projects.
- Rigorous data analysis capability and financial acumen.
- Track record of effectively incorporating risk-mitigating clauses into contracts or by addenda to enhance operational and legal outcomes.
- Familiarity with data privacy, data governance, government policies and regulations, and applicable laws governing procurement.
- Demonstrated ability to manage multiple tasks of varying complexities and successfully set priorities for meeting time-bound deliverables.
- Exceptional analytic, organization, presentation, and interpersonal skills with applied solid judgment and strategic thinking.
- Strong collaboration, communication (written and verbal), and influencing skills.
- Experience with procurement of software and related technology services.
- Experience working and interacting with paralegals, attorneys, senior level management.
Bonus If You Have:
- Familiarity with Ariba (or similar tools).
- Pharma/Healthcare industry experience.