Supplier Relationship Executive
Contract: 12 months
Rate: Up to £765 per day - inside IR35 requires umbrella company
Location: Remote
We are recruiting for a Supplier Relationship Executive within the area of technology for a business who deliver payroll, human capital management and financial management solutions to organisations globally. This is a 12 month inside IR35 contract which will require you to make use of an umbrella company.
Key Responsibilities:
*Act as the contractual point of contact between the company and suppliers, including executive and account leadership where required; manage the overall supplier relationship, including the goals and objectives of the business
*Lead supplier governance routines, as defined by Global Supplier Management policies and supplier tiering
*Ensure all documentation is accurate and maintained within the assigned data tools
*For renewal or new business needs: Pro-actively prepare to renew / re-source agreements with expiring term dates
*Construct financial and qualitative models to provide fact-based assessments of suppliers’ abilities to meet / exceed company needs at competitive price points
*Lead Internal teams through the strategic sourcing process transactions
*Lead in sourcing selection, following company processes and controls
*Draft and negotiate contracts, in partnership with Legal, Finance and Business partners
*Work with business leaders to understand requirements and business outcomes to effectively negotiate deals that meet those needs
*Complete assigned special projects, meeting schedule and quality requirements
*Demonstrate ability to effectively manage projects with a pipeline of sourcing activities and deliver on associated timelines
*Adopt and utilize Global Supplier Management tools and reporting mechanisms
*Provide necessary visibility to Global Supplier Management leaders; escalate issues appropriately.
*Proactively maintain and build expertise by staying informed of industry trends and technology shifts
Knowledge, Skills, Abilities, and Experience
*BA/BS in business, finance, supply chain management or appliable field.
*10+ years of deep knowledge expertise or broad exposure across one or more of the following outsourcing disciplines: Payroll, HCM, Cloud Deployment Services, HRIS/HRIT, Technology, HR, Employee Benefits, Customer Care
*7+ years Client Management/Account Management experience
*Experience managing client and/or third-party supplier contracts, with a detailed understanding of Terms and Conditions of the Services Agreement, Statements of Work and Fee Schedules
*Deep expertise in overseeing Governance routines and processes: change orders, Service Level Agreements, performance dashboards, escalation management, root cause analysis, risk mitigation, audit compliance (SOC I and SOC II), business continuity, data privacy and related Governance routines
*Strong financial acumen, including but not limited to P&L Management, budgets and forecasting, invoice validation, cost savings, ROI/cost modeling and operational fee structures (ie: PEPM/PEPY, volume-based pricing, variable charges, RUs, minimum guarantees and ARC/RRC)
*In-depth understanding of HIPAA, PHI, PII, GDPR and data privacy
*Excellent communication and relationship management skills with the ability to manage by influence and build trusted partnerships with internal and external stakeholders at all levels of the organization.
*Strong cross-cultural skills and experience working with global teams
*Solutions oriented, with a proven track record of using facts, data and cost modelling techniques to build business cases and influence decisions
*Experience in negotiation techniques; proven ability to deliver favourable agreements which meet business requirements
*Project management or program management experience