Senior Manager, Business Services Procurement

Are you passionate about the chance to bring your experience to a world-class company that is market-leading for both content and technology? If yes, we are looking for you!

Join our team! Global Procurement manages and optimizes the third party spend of Thomson Reuters. Our mission is to partner with our stakeholders to acquire the right goods and services at best value and within an acceptable risk perimeter to drive our corporate objectives. We integrate and manage a highly complex network of products, services, processes, technologies and suppliers across all Thomson Reuters locations worldwide.

About the Role  

In this opportunity as a Senior Manager, Business Services Procurement you will: 

• Support category plans and sourcing strategies development containing a portfolio of key initiatives across the company.
• Deliver the key Procurement initiatives, achieving best value within acceptable risk.
• Contribute to the development of the annual pipeline of Procurement initiatives, integrating with the financial planning process.
• Contribute towards the development of initiatives aimed at optimizing cost, improving user experience, driving transparency / contract compliance and increasing efficiencies
• Rationalize the number of suppliers and reduce fragmentation in the spend base in order to simplify the supplier landscape and drive commercial efficiency.
• Support the implementation and development of the sourcing methodology to provide greater visibility and control of sourcing initiatives.
• Nurture relationships within Procurement and with customers through working collaboratively, understanding the requirements/priorities and providing a well-rounded advice in making spend decisions based on best-in-class practices.
• Provide feedback to stakeholders and management regarding status of projects and initiatives.
• Support/Lead the contracting process from drafting to execution by negotiating contracts through applying best in class practices and following the organization’s contracting guidelines to reduce risk.
• Extend the reach of Procurement by exercising appropriate influence within project teams, customer groups, and peer groups.

Key Deliverables:

• Build, articulate and execute global Procurement roadmap for all categories in scope that builds the capabilities needed for long-term growth and sustainability including spend analysis, category management, sourcing methodology, tools and templates, policies and procedures and supplier relationship management.
• Robust category/spend profiles developed to support the development of an opportunity pipeline across different sub-categories aligned with the developed roadmap.
• Robust business cases developed for every sourcing initiative.
• Robust implementation plans (including approach to deal governance and approval) developed for every sourcing initiative.
• High-quality sourcing collateral developed at each stage of the sourcing lifecycle to facilitate informed decision-making amongst the stakeholder community.
• Significantly reduced third party risks with active risk management implemented for each sourcing initiative.
• Significant and sustainable annual reduction in Thomson Reuters cost-base, demonstrated using a robust savings methodology which is consistently applied and rigorously approved.
• Rationalization of supply base to drive spend with preferred suppliers and other development initiatives.

About You

You’re a fit for the role if your background includes:

• Credible knowledge and expertise across a wide range of Non-IT areas of spend, with significant experience in successfully developing and negotiating agreements within any value between $50K - $1M across geographies.
• 7-10 years of applicable experience across the HR Services Procurement value chain, operations, program management and sound understanding of applicable laws / regulations.
• Strong ability to clearly understand business needs, historic spend, construct of existing contracts, applicable buying practices, external market drivers to build an insightful profile for assigned spend
• Expert ability to understand the different cost drivers in the end-end value stream within Non-IT sub-categories, develop a TCO/TVO model and build applicable strategies to drive sustainable value.
• Excellent (external and internal) relationship management and cross-functional leadership skills.
• Experienced sourcing practitioner, with deal architecture and negotiation skills, understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes.
• Strong experience in contracting process from drafting to execution by negotiating contracts through applying best in class practices.
• Knowledge of the sourcing marketplace and trends in the industry including the ability to assess the impact of change in the context of the sourcing strategy.
• Expert analytics and ability to develop coherent and high-quality sourcing collateral including business case, contract summaries, and RFx materials.
• Experience with Source to Pay tools such as Ariba / Fieldglass.
• Excellent written and verbal communication skills (English).
• Experience of building strong relationships with senior business executives.

To apply, please upload your updated resume in English.

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What's in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

• Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected

• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, and employee incentive programs; resources for mental, physical, and financial wellbeing.

• Culture:  Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.

• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.

• Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social, and Governance (ESG) initiatives for local and global impact.

• Purpose-Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward. 

Accessibility 

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.