Technology Sourcing and Procurement Manager

Reposted 20 Days Ago
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Reston, VA, USA
Hybrid
124K-167K Annually
Senior level
Information Technology • Software
The Role
The Manager, Sourcing and Procurement role entails leading sourcing strategies, negotiating contracts for IT and tech services, and collaborating with stakeholders to optimize procurement processes.
Summary Generated by Built In

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 objectives
  • Contract 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 suppliers
  • Cost and Value Analysis: Analyze total cost of ownership, identify opportunities for cost savings and benchmark against market research
  • Stakeholder 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 execution

An 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 suppliers
  • Collaborates with stakeholders on business and technical requirements and throughout the procurement process
  • Leads the negotiation of commercial terms with suppliers
  • Maintains documentation including sourcing assessments and deliverables, supplier performance information, compliance metrics and value capture results
  • Reviews and analyzes purchase requisitions and coordinates purchasing activities with the procurement strategy, including use of preferred suppliers
  • Leads and/or participates in the supplier performance management reviews
  • Develops and maintains policies and procedures for procurement related processes, identifying opportunities for key improvements in these areas
  • Identify, track and report on spend and other key metrics

Required qualifications:

  • Bachelor’s Degree or equivalent work experience
  • 8 + years of related progressively responsible related business experience leading strategic sourcing and contracting initiatives across various spend categories
  • At least 5 years of experience in technology sourcing and procurement, ideally in a tech-driven environment
  • At least 2 years of leading complex sourcing and contracting initiatives on enterprise software agreements
  • Strong attention to detail, ability to manage multiple priorities and comfortable working in a dynamic environment
  • Strong analytical, problem-solving, communication and stakeholder management skills with the experience and desire to make data-driven recommendations
  • Track record in leading procurement process improvement initiatives
  • Experience 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 experience
  • Experience influencing cross-functional teams
  • Certified 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 Page
Our Benefits Summary
Verisign in the Community
Our EEO Statement
Our Privacy Notice for Job Applicants/Candidates
Reasonable Accommodations

Staffing agency policy: No fees will be paid for unsolicited resumes submitted to Verisign or our employees by third parties.

Skills Required

  • Bachelor's Degree or equivalent work experience
  • 8 + years of related progressively responsible business experience in strategic sourcing and contracting
  • 5 + years of experience in technology sourcing, procurement
  • Strong analytical, problem-solving, communication, and stakeholder management skills
  • Proven experiences in leading complex sourcing and contracting initiatives
  • Experience using procurement and contract management systems
  • Proficiency in Microsoft Excel and PowerPoint
  • Graduate Degree or equivalent work experience
  • Certified Professional in Supply Management (CPSM)

VERISIGN Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about VERISIGN and has not been reviewed or approved by VERISIGN.

  • Healthcare Strength Health coverage is described as comprehensive, spanning medical, dental, vision, prescriptions, telemedicine, behavioral-health resources, and specialized programs for family building and midlife support. Onsite wellness amenities such as the Reston fitness center further support day-to-day wellbeing.
  • Retirement Support Retirement programs include Traditional and Roth 401(k) with company match, an Employee Stock Purchase Plan, and access to licensed financial coaching. These offerings provide structured support for long-term savings as part of total compensation.
  • Fair & Transparent Compensation Employer-posted salary ranges and structured pay bands reduce uncertainty and clarify how roles are compensated. Public ranges for technical roles indicate competitive positioning relative to the market.

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The Company
HQ: Reston, Virginia
950 Employees
Year Founded: 1985

What We Do

Verisign, a global provider of domain name registry services and internet infrastructure, enables internet navigation for many of the world’s most recognized domain names. Verisign helps enable the security, stability, and resiliency of the Domain Name System (DNS) and the internet by providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce.

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