Sourcing Consultant

Principal Financial Group; Des Moines (CA); Hybrid; USD 89,000 - 127,000; Full time

Job summary

Principal Financial Group in Des Moines, IA or Charlotte, NC is seeking a Sourcing Consultant to join our Global Sourcing team. You will collaborate with business partners and suppliers to develop strategic consulting and professional services contracts and relationships.

Responsibilities include coaching leaders, delivering solutions, and leading end-to-end strategic sourcing and supplier management for medium-to-high complexity needs, plus data analysis to support decisions.

Qualifications

• 5+ years in sourcing, supply chain, or contract negotiation.
• Experience negotiating professional services agreements.
• Ability to analyze spending and manage supplier relationships.

Responsibilities

• Coach and influence leaders to promote category strategies and objectives.
• Lead end-to-end strategic sourcing for medium-to-high complexity needs.
• Collaborate with stakeholders to deliver sourcing outcomes.
• Support compliance, policies, and supplier management activities.
• Analyze data to inform business decisions.

Skills

Strategic sourcing

Contract negotiation

Supplier management

Data analysis

Communication skills

Education

Bachelor's degree in supply chain, business, or law

Tools

MS Excel

Contract management systems

MS PowerPoint

Job description

Locations: Des Moines, Iowa; Charlotte, North Carolina

Categories: Purchasing/Sourcing

What You'll Do

Further your career today as a Sourcing Consultant at Principal Financial Group! We are seeking exceptional candidates to join our Global Sourcing team in Des Moines, IA. You will have the opportunity to collaborate with business partners and suppliers to develop strategic consulting and professional services contracts and relationships.

• Coach and influence internal and external leaders and teams to promote effective strategies in category management and accomplish business objectives
• Collaborate with our leaders to deliver solutions for their business needs as we produce outcomes our customers love
• Support overall category management objectives
• Support internal compliance and supply chain policies, procedures, strategies, and guidelines
• Lead end-to-end strategic sourcing and supplier management activities for medium-to-high complexity third-party needs, including supply and demand planning, supplier selection, contract negotiation, and supplier relationship management
• Analyze data to identify meaningful insights and support business decision-making

Who You Are

• 5+ years of related experience (e.g., sourcing, supply chain management, contract negotiation, or contract law) demonstrated through work experience, training, military experience, or education
• Knowledge of and experience with strategic sourcing principles, supplier management, and contract negotiation. Experience supporting professional services categories is preferred
• Demonstrated experience managing contracts and partnering with stakeholders to deliver sourcing outcomes

Skills That Will Help You Stand Out

• Extensive experience negotiating professional services agreements
• Prior experience includes analyzing spending patterns, managing supplier relationships, tracking performance, reporting, and strategic planning
• Experience as a sourcing consultant supporting consulting, managed services, outsourced services, or other indirect procurement categories
• Experience with contingent workforce programs and staffing MSPs
• Interest in market intelligence and analytics within the professional services industry
• Demonstrated ability to analyze complex problems and effectively collaborate with others to drive positive outcomes
• Strong oral and written communication skills

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$89300 - $127000 / year

Salary Details

The following locations are examples of market-specific salary ranges across the two cities this position is open to.

• Des Moines, IA: $89,300 - $120,650 / year
• Charlotte, NC: $94,000 - $127,000 / year

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

Yes

Location(s)

We’re open to considering in-office or hybrid talent. Locations for hybrid talent are Des Moines, IA or Charlotte, NC. You’ll work with your leader to figure out which option may align best based on several factors. You can check out what our Global Headquarters looks like here:

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights.