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Sr. Procurement Category Specialist in Norfolk, VA at PRA Group

Date Posted: 3/18/2018

Job Snapshot

Job Description

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

Sourcing (Procurement) responsibility for IT and Analytics spend and developing category sourcing plans. The position requires cross -functional collaboration with PRA Group’s IT Teams and Analytic Teams in the development of request for proposals, contract negotiations, administration and leadership of the sourcing and supplier/vendor selection process. In conjunction with key stakeholders develop the business case surrounding the opportunity/need for supplier engagement. Identifying key business requirements; lead supplier identification, evaluation, price negotiation and contracting for new supplier spend and for renewals with existing suppliers; and communicate relevant financial and procurement information to support approvals to spend and pay suppliers.
Key Responsibilities (other duties may be assigned):

Category Forecasting and Planning:

  • Conducts category spend analysis as needed to identify areas of spend deficiency
  • Leads planning and acquisition projects related to IT equipment, enterprise-wide software licensing, application development, support and maintenance services, application integration and Analytics’ data providers and consulting services, in accordance with policy and procedure.
  • Identifies savings and service opportunities, including potential efficiency gains
  • May also support over flow of departmental projects where appropriate.

Sourcing & Vendor Onboarding:

  • Manages the RFI/RFP process or vendor selection and leads price negotiations.
  • Collaborates with Vendor Relationship Owners (VROs) to develop the appropriate statements of work and business requirements to ensure accurate and effective contracts are produced.
  • Ensures completion of the appropriate compliance documentation (e.g. OFAC searches, Due Diligence Questionnaires and IT Assessment Documents) in accordance with policy and procedure.
  • Support/Facilitate approval to spend and PO process in accordance with policy and procedure.

Contract Negotiations:

  • Collaborates with the Office of General Counsel to ensure market optimal terms and conditions and that statements of work/service level agreements reflect negotiated business requirements, in accordance with policy and procedure.

Vendor Off Boarding:

  • In partnership with key stakeholders (VRO or executive) ensures assets are protected and services are terminated and/or transitioned to a new supplier, in accordance with policy and procedure.

Professional Experience/Qualifications:

  • Bachelor’s degree required; and/or Strategic Sourcing Certification
  • Minimum 6+ years of related work experience.
  • Demonstrated experience leading RFP’s and negotiating, high dollar service agreements and/or managing strategic IT vendors.
  • In-depth knowledge of contract types, sourcing methods and procedures, performance incentives and procurement tools.
  • Highly effective interpersonal and technical skills
  • Strong business acumen and communication skills
  • Strong project management skills
  • Strong track record in meeting cost reduction targets

Work Environment:

The noise level in the work environment is usually moderate as the employee works in an office environment, in an individual work station, using telephone and computer.  Employee is required to work evenings and weekends as required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.