Corporate Sourcing/Procurement Specialist II

Verisign Inc.; Virginia, Great Falls Crossing (MN, VA); On-site; USD 74,000 - 101,000; Full time

Job summary

An established industry player is seeking a Sourcing/Procurement Specialist II to enhance procurement operations. This role involves managing competitive bids, creating purchase orders, and ensuring compliance with acquisition policies. You will collaborate with suppliers and internal stakeholders to optimize procurement processes and drive cost-effectiveness. The ideal candidate will possess strong analytical skills and a solid background in procurement, particularly in IT and telecommunications. Join a dynamic team that values your contributions and offers opportunities for professional growth.

Qualifications

• 5 years' relevant Procurement experience.
• Proficient with Microsoft Office and enterprise tools.

Responsibilities

• Supports procurement request intake processes and manages purchase orders.
• Evaluates vendor quotes and manages the bid process.
• Coordinates with stakeholders on negotiation strategies.

Skills

Procurement experience

Microsoft Office (MS Word, MS Excel, MS PowerPoint)

Analytical ability

Negotiation skills

Procurement commodity experience

Education

4-year Bachelor's degree or equivalent work experience

Tools

Procurement ERP

Financial management systems

Collaboration tools

Job description

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

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.

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