Senior Manager - IT Procurement

Thomson Reuters Foundation

Bengaluru

Hybrid

INR 1,800,000 - 2,600,000

Full time

4 days ago
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Benefits offered by this job

Hybrid work model
Flex My Way program
Grow My Way learning and development
Headspace app access
Retirement savings

Job summary

Thomson Reuters seeks a Senior Manager, IT Procurement to lead strategy, operations, and supplier management for Technology spend. You will collaborate with Finance, Legal, and IS to drive digital procurement initiatives, contract negotiations, and risk management across global stakeholders.

You will develop plans, guide spend optimization, and lead cross-functional teams to deliver value while ensuring governance and compliance across the category.

Qualifications

  • Bachelor’s degree required.
  • Extensive experience in IT procurement across spend areas.
  • 8+ years in procurement operations, programs, and governance.

Responsibilities

  • Develop and lead procurement strategies for IT spend.
  • Drive digital procurement, eRFx, and e-Auctions to reduce costs.
  • Negotiate contracts and manage supplier relationships across global teams.
  • Analyze historical spend and contracts to shape category strategies.
  • Partner with Finance, Legal, IS, and business stakeholders to enable procurement.

Skills

Procurement strategy
Sourcing
Contract negotiations
Supplier management
Digital procurement

Education

Bachelor’s Degree

Tools

SAP Ariba
SAP Fieldglass

Job description

Job Description: As a Senior Manager, IT Procurement, you will play a critical leadership role in driving procurement strategy and operations for Technology spend. You will lead complex sourcing initiatives, partner with senior stakeholders, and ensure procurement strategies deliver against financial, operational, risk, and business priorities. Working closely with Finance, Legal, Information Security, and business stakeholders, you will drive procurement operations, strategic sourcing, contract negotiations, supplier management, and the adoption of digital procurement capabilities across the organization.

Key Responsibilities:
  • Develop departmental plans, including business, operational, and organizational priorities, leveraging in-depth business and managerial knowledge within Procurement Operations.
  • Drive integrated procurement systems and operations strategy to help categories address business challenges.
  • Lead day-to-day procurement operations and support, including compliance management, system integration with core infrastructure, and spend and supplier management performance.
  • Drive the analysis of historical spend, existing contracts, and business budgets to build a clear view of addressable spend.
  • Develop and prioritize implementation plans for assigned initiatives and categories of spend, creating detailed strategies aligned with category agendas and business priorities.
  • Execute approved initiatives with the goal of reducing costs through the adoption of digital tools such as eRFx and e-Auctions, managing risk through contract review, and supporting the business through timely execution.
  • Manage the resolution of complex or unusual procurement challenges.
  • Develop strong relationships with key stakeholders and work closely with Global Category Leads, Business, Finance, Legal, and Information Security teams to drive contract drafting and negotiation.
Required Qualifications:
  • Bachelor’s Degree.
  • Credible knowledge and expertise across a wide range of IT Procurement areas of spend, with significant experience successfully developing and negotiating agreements.
  • 8+ years of applicable experience across the Procurement value chain, operations, and program management, with a sound understanding of applicable laws and regulations.
  • Strong ability to understand business needs, historical spend, existing contract structures, applicable buying practices, and external market drivers to build an insightful profile for assigned spend.
  • Expert ability to understand key cost drivers across the end-to-end value stream within various IT subcategories, develop TCO/TVO models, and build strategies that drive sustainable value.
  • Excellent external and internal relationship management and cross-functional leadership skills.
  • Strong sourcing expertise, including deal architecture and negotiation skills, understanding of best-practice sourcing methodologies, and a demonstrated track record of working ethically to achieve excellent outcomes.
  • Strong experience across the contracting process, from drafting through negotiation and execution, applying best-in-class practices.
  • Knowledge of the sourcing marketplace and industry trends, including the ability to assess the impact of market changes on sourcing strategy.
  • Expert analytical capabilities and ability to develop high-quality sourcing collateral, including business cases, contract summaries, and RFx materials.
  • Experience with Source-to-Pay tools such as SAP Ariba and SAP Fieldglass.
  • Excellent written and verbal communication skills in English.
  • Experience building strong relationships with senior business executives.
  • Ability to operate effectively in a global and cross-functional environment.
Preferred Qualifications:
  • Advanced degree or professional certification in Procurement, Supply Chain Management, Business, or a related field.
  • Professional certification such as CIPS, CPSM, CSCP, or equivalent.
  • Experience working across multiple geographies and with global procurement stakeholders.
  • Experience supporting procurement transformation or digital sourcing initiatives.
  • Strong familiarity with supplier management, procurement governance, and technology-enabled sourcing processes.
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
  • 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.

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. We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here.

More information about Thomson Reuters can be found on thomsonreuters.com.

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