Procurement Director

Mercer Advisors; United States; Remote; USD 100,000 - 130,000; Full time

Job summary

A leading company is seeking a Procurement Director to oversee procurement processes, negotiate contracts, and generate cost savings. This role involves developing strategies, managing supplier relationships, and collaborating with business leaders to align procurement with financial objectives. The ideal candidate will have significant experience in procurement and strong communication skills, contributing to the company's commitment to financial excellence.

Benefits

Health Insurance

Retirement Plans

Paid Holidays

PTO

Parental Leave

Adoption Assistance

Qualifications

• 7+ years in procurement, vendor management, or related fields.
• Experience in negotiations, contract management, and RFP processes.

Responsibilities

• Oversees firm-wide procurement processes and negotiates contracts.
• Develops procurement strategies and manages supplier relationships.
• Aligns procurement activities with financial goals.

Skills

Negotiation

Vendor Management

Communication

Business Acumen

Education

Bachelor’s degree

Job description

Join to apply for the Procurement Director role at Mercer Advisors.

Why Work at Mercer Advisors?
For nearly 40 years, Mercer Advisors has worked with families to help them amplify and simplify their financial lives. By integrating financial planning, investment management, tax, estate, insurance, and more, all managed by a single team. Today, we serve over 31,300 families across more than 90 cities in the U.S. Ranked the #1 RIA Firm by Barron’s, we are an independent, fiduciary organization committed to acting in our clients' best interests.

Mercer Advisors offers a unique work environment emphasizing diversity and flexibility, attracting top talent nationwide. Join us to make a meaningful impact on families' financial lives.

Job Summary

The Procurement Director oversees firm-wide procurement processes, negotiates contracts, and generates cost savings. Responsibilities include developing procurement strategies, managing supplier relationships, and aligning procurement activities with the company's financial goals, working closely with the VP of FP&A and other business leaders.

Essential Job Functions

1. Develop procurement processes supporting business growth.
2. Implement strategies for cost savings and efficiency.
3. Negotiate contracts with favorable terms.
4. Analyze market trends and conduct cost-benefit analyses.
5. Manage supplier relationships and performance.
6. Support budgeting and align procurement with financial plans.
7. Report activities and savings to senior leadership.

Contract Management

1. Translate functional requests into contract language.
2. Incorporate SLAs into contracts.
3. Manage contract renewals and reviews.
4. Collaborate on risk mitigation with third-party risk committees.

Business Leader Collaboration

1. Understand procurement needs and align with organizational goals.
2. Coach stakeholders on procurement practices.
3. Translate requirements into RFPs and facilitate demonstrations.
4. Coordinate with IT resellers for technology procurement.

Knowledge, Skills, and Abilities

• Bachelor’s degree in a relevant field.
• 7+ years in procurement, vendor management, or related fields.
• Experience in negotiations, contract management, and RFP processes.
• Strong business acumen and communication skills.

Preferred Qualifications

• Influencing skills.
• Experience in Wealth Management, Finance, or FinTech industries.
• Knowledge of information security regulations.

Work Schedule & Conditions

Standard hours are Monday-Friday, 8AM-5PM, with occasional early or late hours. Position can be remote, preferably in the Boston area. Travel up to 10% may be required.

Benefits

Comprehensive benefits include health insurance, retirement plans, paid holidays, PTO, parental leave, adoption assistance, and more.

We are committed to equal employment opportunity and diversity.