Job Description
Job Description
IT Procurement Manager
As an IT Procurement Manager, you'll play a critical role in driving procurement strategy and operations for Technology spend. You'll coordinate with cross-functional teams to optimize sourcing, manage complex negotiations, and ensure compliance with organizational policies. Working closely with Category Leads, Finance, Legal, and business stakeholders, you'll deliver value through strategic planning, process excellence, and successful contract execution.
Key Responsibilities
In this opportunity as an IT Procurement Manager, you will:
- Coordinate and collaborate with various teams, both within and outside of sourcing, to meet financial and operational requirements
- Develop departmental plans including business, production, and organizational priorities, leveraging in-depth business and managerial knowledge specific to Procurement Operations
- Ensure high standards of data quality and accuracy in sourcing tools, databases, and platforms, with a focus on data quality assurance and comprehensive reporting to support informed decision-making
- Drive integrated procurement system and operations strategy to help category deliver against business challenges
- Lead day-to-day procurement operations and support, including compliance management, system integration with core infrastructure, and spend/supplier management performance
- Analyze historic spending, existing contracts, and business budgets to identify clear opportunities for addressable spending
- Lead collaborative discussions with Category Leads to understand business requirements and category strategies, defining a pipeline of potential opportunities
- Draft and prioritize implementation plans for assigned initiatives, developing detailed strategies aligned with category agendas and business priorities
- Execute approved initiative pipelines with the goal of reducing costs through Digital tools adoption (eRFx/e-Auctions), managing risk through contract review, and supporting business through timely execution
- Manage the resolution of complex or unusual problems, identifying root causes and implementing sustainable solutions
- Develop relationships with key customers and work closely with Global Category Leads, business, Finance, Legal, and Information Security teams to drive contract drafting and negotiation
Required Qualifications
You're a fit for the role if your background includes:
- Bachelor's Degree or equivalent professional experience
- Credible knowledge and expertise across a wide range of Technology Procurement areas of spend, with significant experience in successfully developing and negotiating agreements within any value between $50K - $1M across geographies
- 5+ years of applicable experience across the Procurement value chain, operations, program management, and sound understanding of applicable laws and regulations
- Strong ability to clearly understand business needs, historic spend, construction of existing contracts, applicable buying practices, and external market drivers to build an insightful profile for assigned spend
- Expert ability to understand the different cost drivers in the end-to-end value stream within various Technology 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 processes from drafting to execution, 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 changes in the context of sourcing strategy
- Expert analytics and ability to develop coherent and high-quality sourcing collateral including business cases, contract summaries, and RFx materials
- Experience with Source to Pay tools such as Ariba/Fieldglass
- Excellent written and verbal communication skills in English
- Experience building strong relationships with senior business executives
Preferred Qualifications
- Advanced degree or certification in Procurement, Supply Chain Management, or related field (APICS CSCP, ASCM certification, or equivalent)
- Demonstrated experience leading procurement transformation or digital enablement initiatives
- Experience with enterprise risk management and supplier risk assessment frameworks
- Track record of managing multi-million dollar procurement portfolios
- Familiarity with industry best practices such as CIPS or other procurement excellence standards
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What’s in it For You?
- Hybrid Work Model: We’ve adopted a flexible hybrid working environment for our office-based roles while delivering a seamless experience that is digitally and physically connected.
- Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
- Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
- Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
- Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
- Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
- Making a Real-World Impact: We are one of the few companies globally 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.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.
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. 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.
As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business 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 Employer providing a drug-free workplace.
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