Procurement Manager - Telecommunications

Procurement Manager

FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions.

At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients' needs and exceeding their expectations.

Locations: NYC, Norwalk, CT

Working Environment: Hybrid (3-day in-office and 2-day remote schedule)

FactSet's Procurement group is seeking a Procurement Manager to focus on our Telecommunications spend category.

As Procurement Manager, you will lead a team responsible for the full telecommunications sourcing processincluding supplier selection and management, price negotiations, contract execution, timely delivery, and budget planning. You will also address complex organizational needs and serve as a strategic partner and subject matter expert for stakeholders.

You'll join our global team and work closely with internal clients across both business and support units, while carrying a savings goal and developing into a subject matter expert in Procure to Pay (P2P) processes. You will also contribute to centralizing our procurement function by identifying process improvements and cost reduction opportunities.

Core responsibilities include:

• Create and implement regional procurement strategies that are innovative, cost-effective
• Build long-term relationships with vendors
• Compare proposals for price and specifications
• Negotiate with vendors to reduce costs
• Review contract specifications on behalf of the company
• Communicate with vendors to ensure that the service is executed in a timely fashion
• Build and maintain long-term relationships with critical suppliers
• Lead transformational activities to build procurement organizational capabilities and improve procurement efficiency
• Prepare procurement reports on workload, savings, and projects fruition
• Ensure adherence to all safety, health, and environmental rules and regulations

In addition to your core responsibilities, you'll:

• Build strong rapport with our most important stakeholders,
• Educate internal requesters about Procurement processes and policies on an ongoing basis,
• Collaborate with peers within the Procurement org to promote any tips & tricks, best practices, etc. that lead to more consistently positive outcomes,
• Represent FactSet at conferences/symposiums,
• Mentor other members of the team, etc.

Requirements:

• Bachelors' degree
• 8 + years experience in procurement, finance, mathematics, or statistics
• 3 + years in a procurement leadership role
• Experience working with the Telecommunications spend category
• Excellent communication skills; confident presenting to a group
• Proven ability to develop strong working relationships, interpersonal skills,
• Strong analytical, problem-solving, and data management skills
• Entrepreneurial mindset/self-starter
• Knowledge of Workday is a plus

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

The budgeted salary amount range for this position in the States of Connecticut and in New York City is $100K- 125K

What's In It For You

• The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.
• Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and company-wide wellness days.
• Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.
• A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions.
• Career progression planning with dedicated time each month for learning and development.
• Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging.

Company Overview:

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees' Choice Award winner.

At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, disability, protected veteran status or other characteristics protected by law. FactSet participates in E-Verify