Senior Specialist, Vendor Management
FactSet is a leader in providing research and analytical tools to finance professionals. FactSet offers instant access to accurate financial data and analytics around the world. FactSet clients combine hundreds of databases from industry-leading suppliers into a single powerful information system.
The Senior Specialist, Vendor Management is responsible for managing our vendor relationships, constantly optimizing our contract portfolio and the procurement process, coordinating collaboration with internal stakeholders (engineering teams, legal, etc.), and providing procurement performance, cost allocation, and budget reports.
This position is located in the Global Procurement department focusing on comms (colocation, connectivity). Global Procurement is responsible for purchasing hardware, software and services for FactSet worldwide. We manage large parts of FactSet’s technology budget and act as a service center for other teams/departments.
Responsibilities:
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Manage commercial relationships with our vendors
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Process purchase requisitions and POs
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Support planning and administration of FactSet’s budget
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Analyze and optimize our contract portfolio
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Work with the requesting teams to ensure high quality in service delivery
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Meet corporate cost reduction goals which will include enforcing demand management, while achieving corporate objectives related to supplier diversity and sustainability
Required Skills:
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Good understanding of data center technology and related services, including connectivity
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Clear analysis of business cases and ability to communicate/present them
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Experience in contract management and cost management
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Strong MS Office skills, especially Excel
Qualifications:
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Bachelor's degree
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3- 5 years experience in procurement
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Demonstrated capacity to be coachable, take feedback and incorporate it into your role
Highly Desired:
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Presentation skills
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Good understanding of Finance
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Ability to work independently, team-oriented and proactively
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Experience with procurement systems (Workday, iProcurement or similar) and with TEM is a plus
At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, ethnicity, religion, sex, national origin, gender expression, sexual orientation, age, citizenship, marital status, disability, gender identity, family status, or veteran status. FactSet participates in E-Verify.
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What We Do
FactSet creates flexible, open data and software solutions for tens of thousands of investment professionals around the world, providing instant access to financial data and analytics that investors use to make crucial decisions.
For 40 years, through market changes and technological progress, our focus has always been to provide exceptional client service. From more than 60 offices in 23 countries, we’re all working together toward the goal of creating value for our clients, and we’re proud that 95% of asset managers who use FactSet continue to use FactSet, year after year.
As big as we grow, as far as we reach, and as successful as we become, we stay connected to our clients and to each other.
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