Corporate Sourcing/Procurement Specialist II

Posted 15 Days Ago
Be an Early Applicant
Reston, VA
75K-101K
Mid level
Information Technology • Software
The Role
The Sourcing/Procurement Specialist II manages procurement activities, evaluates vendor bids, negotiates with suppliers, and ensures compliance with acquisition policies while maintaining purchasing data integrity.
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.

The Sourcing/Procurement Specialist II performs procurement buying related activities which includes review of incoming requests, managing competitive bid requests, evaluation of supplier bids, and creating purchase orders for various goods and/or services.  This position will support a variety of commodities including but not limited to information technology hardware and software, IT services, telecommunications equipment and services, professional services, data center equipment & services and facilities. This position is instrumental in achieving business objectives across price, quality, service and compliance. This position follows established acquisition policies, programs and procedures that enhance operational efficiencies and promote cost effectiveness and standardization. The Sourcing / Procurement Specialist II has regular interaction and engagement with suppliers and cross-functional stakeholders on procurement related activities.

Key Responsibilities:

  • Supports procurement request intake processes, including general requests and purchase requisitions. Reviews and analyzes purchase requisitions and coordinates purchasing activities including contract execution within the applicable delegation authority. Creates and issues purchase orders to suppliers. Manage changes and modifications to purchase orders.
  • Manages the bid process for small-and medium-sized purchases in accordance with policies and procedures. Evaluates vendor quotes and services to determine optimal suppliers and best value. Reports on savings achievements.
  • Coordinates with stakeholders and aligns on negotiations strategies. Conduct basic negotiations with suppliers for scope areas managed by procurement (e.g., pricing, availability, delivery dates, etc.). Provide ongoing Procurement Operations support to internal stakeholders.
  • Follows established acquisition policies, programs and procedures that enhance operational efficiencies and promote cost effectiveness including standardization where possible.
  • Ensures accurate business system data input and integrity. Maintains purchasing-related documentation, the status of purchases in progress in various enterprise-wide systems (e.g. Procurement ERP, intake or general work management systems).
  • Provides support for various procurement operations programs or activities including but not limited to supporting updates to supplier records and systems.
  • Support the creation of Procurement processes.
  • Identify process improvement opportunities and support change management initiatives and special projects.

Qualifications:

  • 5 years’ relevant Procurement experience
  • Proficient with Microsoft Office (MS Word, MS Excel, MS PowerPoint)
  • Proficient in use of enterprise tools and technologies (e.g. procurement and/or financial management systems, collaboration tools, contracts repository).
  • 4-year Bachelors degree or equivalent work experience
  • Analytical ability
  • Ability to work efficiently in a fast paced environment
  • Procurement commodity experience in information technology hardware and software, IT services, telecommunications equipment and services, professional services, data center equipment & services and facilities

This position is based in our Reston, VA office and offers a flexible, hybrid work schedule

The pay range is $74,500 - $100,700. 

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.

Top Skills

Collaboration Tools
Contracts Repository
Financial Management Systems
MS Office
Procurement Erp
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The Company
HQ: Reston, VA
1,286 Employees
On-site Workplace
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 enables the security, stability, and resiliency of key internet infrastructure and services, including 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. To learn more about what it means to be Powered by Verisign, please visit Verisign.com.

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