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Indirect Procurement Director

$130.8k - $174.4k

Edelman Financial Engines

Indirect Procurement Director (Boston/Hybrid) At Edelman Financial Engines (EFE), our purpose is to guide people with the financial advice they need to thrive. The Indirect Procurement Director within our centralized Procurement function (FP&A) is a senior strategic leader responsible for shaping and executing enterprise-wide sourcing strategies across the Procure-to-Pay lifecycle. As a subject‑matter expert, you will lead high‑impact initiatives involving value‑added resellers, complex RFP processes, and enterprise budget planning, applying advanced negotiation strategies to structure and close large‑scale, high‑value agreements. Responsibilities: Excellent communicator – demonstrates excellent written communication skills across all levels of the organization and presents ideas, issues and recommendations to senior management. Expert in contract redlining and commercial negotiations, working in close alignment with Legal to shape contract positions and leading discussions directly with vendor counsel and sales counterparts. Applies advanced critical thinking and assertive negotiation skills to structure contracts with measurable, flexible, and controllable fee models that drive cost containment, volume‑based efficiencies, and downside protection. Delivers enterprise‑grade cost and savings analytics, providing executive‑ready insights on spend trends, value realization, and procurement impact to inform strategic and financial decisions. Proven excellence in contract negotiations with suppliers for optimal contract terms while mitigating financial and operational risk. Owns and leads cross‑functional initiatives to streamline the supplier base, influence stakeholder decision‑making, and deliver quantifiable savings and operational efficiencies. Develops competitive tiered pricing models. Leads indirect procurement sourcing activities including RFP initiatives, creation, launch, tracking, analysis, competitive bid negotiation, drafting, and redlining, up to final contract execution. Audits and collaborates with business owners’ category inventories to ensure proper requirements are identified and cost control measures are implemented. Leads meetings across multiple departments to drive change, consolidate suppliers, and optimize vendor relationships. Works closely with the Accounts Payable team to ensure purchase orders are entered and contracts are matched with invoices for timely and accurate payment. Balances multiple priorities in a high‑volume environment while maintaining excellent attention to detail and implementing objectives and strategy. Requirements: Innovative and technically proficient in P2P systems (e.g., Oracle NetSuite). 10+ years’ procurement experience in indirect sourcing. Knowledge of Microsoft Office Suite, intermediate level in Excel and PowerPoint. Master’s or Bachelor’s degree. Certification in procurement (e.g., CPM, CTPE, CPP, SPSM, CIPS) preferred. Edelman Financial Engines offers a market‑based approach to pay. The expected base salary range for this role nationally is $130,800 - $174,400. Final base pay will be determined based on responsibilities, skills, experience, location, and market conditions. The role may also be eligible for discretionary bonus, health, dental, and other wellness plans, and 401(k) contributions. Edelman Financial Engines encourages success based on individual merits and abilities without regard to race, color, religion, creed, sex, gender identity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, military service or veteran status. Accommodations can be made to the hiring process to enable full participation. If assistance is required to accommodate a disability, please contact your recruiter or View email address on click.appcast.io. #J-18808-Ljbffr

Vacancy posted 1 day ago
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