Senior Manager, Procurement Integration & Separation

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

Join our team! You will be part of Services, which comprises procurement, real estate, and facilities management functions. We are responsible for delivering value by providing safe, efficient, and effective procurement and real estate services to Thomson Reuters businesses and functional operations.  Our overarching mission is to ensure our colleagues spend less time and energy on ordering technology and services, ensuring their primary focus is building great products and content that delight TR customers and grow TR business.

The role will report directly to the Senior Director, Integration & Separation Services, Business Services Sourcing.

The primary focus of the Senior Manager is to deliver value to the business by performing/coordinating integration and divestiture readiness assessments and due diligence activities, developing integration and divestiture strategies and performing/coordinating post integration and divestiture.

About The Role
In this opportunity as Senior Manager, Procurement Integration & Separation, you will:

• Manage the acquisition and divestiture processes established by the Senior Director, Integration & Separation Services, Business Services Sourcing.
• Actively participate in activities such as the screening of a potential deal through the process of closing a transaction, including executing post-close actions such as supplier onboarding, rationalization, risk assessments, and requesting purchasing card payments or purchase order in alignment with the procurement purchasing policy.
• Build a collaborative partnership with IT Sourcing, Business Services Sourcing, Integration Management office, Separation office, and cross-functional workstreams assigned to each integration or separation project.
• Initiate and manage supplier notifications to communicate acquisition or divestiture activities, obtain consent to assign agreements or software licenses.  
• Actively participate in separation due diligence to document which software, cloud and hardware agreements will be assigned as it relates to the asset being divested, identify and mitigate potential stranded costs, and determine the transition service scope and period that can be provided to the buyer.
• Monitor integration and separation progress and assist in maintaining a centralized status report documenting legal fold in or TSA exit dates, risks, or issues.
• Oversee the compliance of procurement integration and separation practices with relevant laws, regulations, and policies to mitigate risk and ensure operational integrity.

Whilst this role is an individual contributor role an important aspect will be working with the Business Services integration and separation lead to ensure that all work is triaged across the Global Delivery teams and executed successfully.

Objectives

• Plan, lead, monitor and support all Procurement due diligence activities for integration and divestiture initiatives.
• Develop and implement a strategy for the treatment (assign, terminate, transfer etc.) of all third-party agreements belonging to an integration or divestiture target.
• Develop, negotiate and manage transition service agreements with integration or divestiture targets as appropriate and in order to afford Thomson Reuters the widest range of protection and opportunity.
• Develop fact-based and well-reasoned insights on the structural impact and risks of a planned integration or divestiture from a Procurement perspective.
• Develop and implement a reporting schema to ensure that all stakeholders are informed of status risks and issues associated with integration and divestiture initiatives.
• Partner with finance, legal and business stakeholders to ensure that proper protocols and processes are followed and adhered to in a timely manner for each transaction.

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

• Proven experience and success working in a leadership position within Global Procurement, Integration or Separation office, with a minimum of 2+ years of experience managing global projects and/or businesses processes.
• Experience with Source to Pay tools such as Ariba / Fieldglass.
• Thorough understanding of sourcing & Procurement Operations with strong sourcing background and experience
• Familiar with acquisition & divestiture protocols, techniques, and integration or separation methods
• Strong experience in contracting process from drafting to execution
• Excellent problem-solving skills and ability to work autonomously to deliver excellent outcomes.
• Excellent (external and internal) relationship management and cross-functional leadership skills. 
• Expert analytics and ability to develop coherent and high-quality reporting collateral.
• Excellent written and verbal communication skills, and credibility working with senior leaders.

To apply, please upload your updated resume in English.

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.