Technology Sourcing and Procurement Manager

Verisign helps enable the security, stability, and resiliency of the internet. We are a trusted provider of internet infrastructure services for the networked world and deliver unmatched performance in domain name system (DNS) services. We are a mission focused, values driven company where each individual can contribute to building a stronger, more secure internet. We offer a dynamic and flexible work environment with competitive benefits and the ability to grow your career.Within Verisign, the Sourcing and Procurement Team provides enterprise-wide procurement expertise and support across various commodities, including but not limited to corporate services, technology, professional services, and telecommunications. We are seeking an experienced individual level contributor to enhance our existing capabilities.In the Technology Sourcing and Procurement Manager role, you will engage with cross-functional stakeholders and lead various procurement-related processes, which includes identifying sourcing opportunities, leading competitive bidding initiatives, evaluating supplier proposals, and negotiating commercial terms and conditions. This position is instrumental in achieving objectives across price, quality, service, compliance, and performance.Key immediate focus areas include:Strategic Sourcing: Develop and execute sourcing strategies for information technology equipment, software and services to meet business objectivesContract Negotiation: Lead negotiations for complex technology-based categories such as software licenses, hardware, SaaS, cloud infrastructure and other technology services to secure favorable pricing and other commercial business terms; leverage data and spend analytics to create scenario-based negotiations with key suppliersCost and Value Analysis: Analyze total cost of ownership, identify opportunities for cost savings and benchmark against market researchStakeholder Collaboration: Work with finance, legal, risk technology and other departments to build trusted relationships and align sourcing strategies with business needs, budgeting, and overall procurement executionAn ideal candidate embraces collaboration and teamwork across the organization. We expect the candidate to possess competencies that allow them to bring noticeable improvements in some of the above-mentioned areas.Duties and Responsibilities: Leads the execution of strategic sourcing and competitive bidding initiatives, including conducting spend and data analysis, internal assessments, drafting requests for proposals, evaluating proposals, and negotiating with suppliersCollaborates with stakeholders on business and technical requirements and throughout the procurement processLeads the negotiation of commercial terms with suppliersMaintains documentation including sourcing assessments and deliverables, supplier performance information, compliance metrics and value capture resultsReviews and analyzes purchase requisitions and coordinates purchasing activities with the procurement strategy, including use of preferred suppliersLeads and/or participates in the supplier performance management reviewsDevelops and maintains policies and procedures for procurement related processes, identifying opportunities for key improvements in these areasIdentify, track and report on spend and other key metricsRequired qualifications:Bachelor’s Degree or equivalent work experience8 + years of related progressively responsible related business experience leading strategic sourcing and contracting initiatives across various spend categoriesAt least 5 years of experience in technology sourcing and procurement, ideally in a tech-driven environmentAt least 2 years of leading complex sourcing and contracting initiatives on enterprise software agreementsStrong attention to detail, ability to manage multiple priorities and comfortable working in a dynamic environmentStrong analytical, problem-solving, communication and stakeholder management skills with the experience and desire to make data-driven recommendationsTrack record in leading procurement process improvement initiativesExperience using procurement and contract management systems (e.g., Oracle, Workday, Zycus, SAP)Proficiency in Microsoft Excel (for data analysis) and PowerPoint (building executive-level presentations)Preferred qualifications:Graduate Degree or equivalent work experienceExperience influencing cross-functional teamsCertified Professional in Supply Management (CPSM)This position is based in our Reston, VA and offers a hybrid work schedule.The pay range is $123,500 - $167,100. The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience. Verisign offers a discretionary bonus which is based on individual and company performance, and certain roles may be eligible for discretionary stock awards.Verisign is an equal opportunity employer. That means we recruit, hire, compensate, train, promote, transfer, and administer all terms and conditions of employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, age, protected veteran status, disability, or other protected categories under applicable law.Additional Information:Our Careers PageOur Benefits SummaryVerisign in the CommunityOur EEO StatementOur Privacy Notice for Job Applicants/CandidatesReasonable AccommodationsStaffing agency policy: No fees will be paid for unsolicited resumes submitted to Verisign or our employees by third parties.