Procurement Specialist

Procurement Specialist

Visa status: U.S. Citizens and those authorized to work in the U.S. are encouraged to apply. Tax Terms: W2, 1099 Corp-Corp or 3rd Parties: Yes Procurement Specialist

Number of positions: 1 role has to be in Bridgewater with travel to NYC

Location: Bridgewater, NJ

The candidate has to work from the BW office after COVID. For 1 role, candidate has to travel to NYC on need basis.

Job Description

Managing and/or supporting all IT vendors, licensing, and maintenance agreements. This position will work to build a portfolio of current IT Vendors. The role will also be responsible for creating process for ongoing review of IT vendors, licensing, and maintenance agreements. The successful candidate will be a self-starter, detail oriented, strong written/verbal communication skills, customer service oriented, and have the ability to interpret, review and high-level negotiate technology related contracts in relation to software, hardware, telecommunications and other IT equipment and services.

As an IT Procurement executive, you will:

• Responsible for managing maintenance/service agreements across software, hardware, telecommunications and other IT related equipment and services.
• Partner with IT Teams and other departments to negotiate terms with vendors, to mitigate risk and maximize price efficiencies.
• Work closely with IT and Finance departments to ensure that invoicing and payment occur on a timely and accurate basis.
• Conducts high-level negotiation of pricing to leverage volume purchasing and achieve highest cost savings.
• Deep understanding on statement of work clauses and has a capacity to redefine terms which could be favorable to Cognizant.
• Proactively monitor when the terms of agreements are nearing expiration. Discuss on-going requirements with IT Management.
• Serve as a point reference to interpret the terms of the agreement, addressing any questions that may arise.
• Develop and maintain central tracking and reporting mechanism for all contracts and agreements within the responsibility of IT Procurement ensuring annual renewals are completed.
• Maintain files of supporting documentation including original paper documentation as required.
• Willingly and occasionally, work nights and weekends to better support the business.
• Build strong relationships within all areas of the business to promote collaboration.
• A Team Player – you understand the basics tenants of being a great teammate including proper time management, communication and attendance.

As an IT Procurement executive, you must have:

• A Bachelor's degree in Business or Computer Science.
• 7-10 years of IT Procurement/Sourcing support experience.
• Must have understanding of software licensing and IT networks and infrastructure, data center technology, end user, mobile, web and social media technology and terms.
• Excellent verbal and written communication skills, including the ability to explain technical contractual aspects to senior leaders within and external to the IT Organization.
• Excellent customer service, decision-making, and organizational skills.

What else you can expect:

Physical Demands:

• Requires sitting or standing for extended periods of time.
• Extensive use of a computer and repetitive hand movements in the performance of duties.
• Occasional lifting and carrying of material weighing up to twenty pounds may be required
• Equipment Operated: Personal computer, printers, fax, copier and telephone