Manager - Global Source to Contract

Company Description

IFS is a billion-dollar revenue company with 6000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

We believe that coming together as a community, in person, is important for innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community.

Job Description

Role Title: Strategic Sourcing/ Source to Contract

Role Grade: Manager

Reports into: Director of Sourcing & Category Management

Role Summary:

• Proven ability managing a team as part of a growing global business
• Tenacious, highly organized, results oriented and passionate about the value Procurement can drive for the business, and delivering it.
• Expertise in global procurement across multiple categories like Technology, Marketing, HR, and Professional Services and possess deep and broad market intelligence.
• Commercially astute and highly capable in delivering value for money, with excellent influencing skills.
• Persuasive, charismatic and an eager negotiator, with associated skills developed from proven ability within a Procurement related role.
• Proven ability to initiate and lead on procurement projects that not only deliver value for money, but also focus on areas such as demand management, supplier aggregation, and service improvements.
• Strong contracts review and drafting skills and an ability to interpret legal and commercial terms and conditions.
• Focused to getting things done today whilst also considering IFS’s longer term objectives.
• Highly skilled at obtaining stakeholder buy-in, preferably with knowledge in driving ownership and direction of spend areas which have not previously been managed by Procurement.

Responsibilities

• Acting as a key Procurement point of contact for strategic sourcing, you will be proactively supporting internal demand engaging, managing, and building relationships with key business stakeholders to understanding their service needs in conjunction with regional and corporate goals.
• Navigating complex situations, settling internal and external differences with minimum conflict, and gaining trust and respect from your business stakeholders.
• Highlighting third-party risk to establish a stable supply chain that allows IFS to offer uninterrupted services to its end-users in the business.
• Proactively providing subject matter expertise and up-to-date external supply market knowledge with your business stakeholders.
• Promoting efforts to drive performance-based supplier partnerships which enable optimal pricing, quality, and process improvements.
• Leveraging spend and supplier data to develop an activity pipeline that can drive greater value for IFS through Supply, Demand, Governance or Compliance.
• Managing the end-to-end sourcing process for both global and regional initiatives, (including tenders, supplier market and selection analysis, RFPs, and supplier presentations).
• Lead supplier negotiations on commercial terms and technical matters ensuring the end-result maximizes value delivery, minimizes risk, and clearly aligns with the company’s goals and objectives.
• Developing MSAs and Frameworks in accordance with both regulatory and IFS policies.
• Working with legal, finance and IT teams who may be leading or contributing to any of the above activities.
• Support and contribute to Procurement initiatives to support our ESG agenda, which is a key priority for IFS.
• Sourcing demand maintenance such as the expiring contracts pipeline, savings performance tracking, maintenance of Preferred Supplier Lists.
• Identifying opportunities to introduce innovation or improvements across the Procurement function.
• Keeping up to date with industry trends through webinars, conferences, and networking opportunities.
• Contribute to, and provide updates to ensure Procurement Centre of Excellence (CoE) accurately reflects Sourcing contribution to Procurement “reporting out” including functional target(s)
• Coaching the Sri Lanka sourcing team in their professional development and pursuit of building category knowledge within your area of expertise.
• Advocate and champion for the global procurement transformation, with a particular focus on embedding strategic sourcing across the businesses.
• Acting as an ambassador of the Procurement organization with internal stakeholders and external suppliers.
• Supporting the development of material for category management to standardize processes, document lessons learned and good practice and deliver improved operational efficiencies.

Recommended Skills:

Expert skillset in Microsoft Excel, Proficiency in Microsoft Word, and Microsoft PowerPoint

Expert level in third party contracting and commercial negotiation skills

Excellent analytical and problem-solving skills.

Excellent business and financial acumen

Familiarity with industry best practices and emerging trends in strategic sourcing and procurement.

Proven expertise in savings and value delivery.

Impeccable communication (both written and verbal), customer service and Interpersonal skills necessary to influence a large and diverse group of stakeholders including senior management, operations and finance business stakeholders.

Proven ability to maintain high quality service standards.

Self-directed, focused, and flexible to changing needs, with an ability to easily prioritize and simplify matters.

Well organized and can follow process.

Strong team leadership

Familiarity with ERP systems and other procurement software/tools preferred, including Power BI.

Understanding of global supply market and procurement law in multiple regions (Europe, Asia, US, Middle East)

Recommended Expertise:

4+ years of proven ability in Strategic Sourcing, Procurement

Proven ability in Strategic Sourcing including opportunities identification to deliver procurement-led value for money outcomes.

Proven expertise in independently developing and running competitive tenders and sourcing competitions

Working history in global category management and sustainable procurement preferred,

Qualifications

Recommended Qualifications:

University or equivalent qualification in Business, Supply Chain, or a related field

CIPS qualified or currently pursuing CIPS qualification preferred

Additional Information

Application Requirement: 

Please include an introductory cover letter with your application, copied and pasted into our platform rather than attached as a document. The cover letter should provide a brief overview of your professional background and how you envision contributing to the role. Why IFS?