Strategic Sourcing Manager

Confidential; Jersey City (NJ); Hybrid; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

Retirement savings plan

Paid time off

Job summary

Confidential seeks an experienced Strategic Sourcing Manager to lead sourcing and procurement initiatives across professional services. You will partner with senior stakeholders to develop strategies, manage supplier relationships, and drive cost optimization and commercial excellence.

Responsibilities include leading RFIs/RFPs, negotiating agreements, drafting SOWs and MSAs, performing spend analysis, and collaborating with cross-functional teams.

Qualifications

• 5+ years in professional services sourcing or procurement.
• Experience with complex, high-value sourcing projects.
• Knowledge of management/strategy consulting procurement.
• Experience with large global consulting firms.
• Strong contract management and negotiation skills.
• Excellent stakeholder management and communication.
• Advanced Excel, PowerPoint, and procurement tools.

Responsibilities

• Lead strategic sourcing across professional services.
• Develop and execute category strategies.
• Build relationships with stakeholders and provide sourcing expertise.
• Manage RFIs, RFPs, and supplier evaluations.
• Negotiate agreements and draft SOWs and MSAs.
• Conduct spend analysis and identify cost savings.
• Monitor supplier performance and drive improvements.
• Collaborate with cross-functional teams on projects.

Skills

Sourcing

Procurement

Category management

Negotiation

Stakeholder management

Data analysis

Excel

PowerPoint

Contract management

Vendor management

Tools

MS Excel

PowerPoint

Job description

We are seeking an experienced Strategic Sourcing Manager to lead complex sourcing and procurement initiatives across professional services categories. This role partners closely with senior stakeholders to develop sourcing strategies, manage supplier relationships, and deliver measurable business value through cost optimization and commercial excellence. The ideal candidate brings deep expertise in consulting and professional services procurement, strong negotiation capabilities, and a client-focused approach to solving business challenges.

Responsibilities

• Lead strategic sourcing initiatives across professional services categories, including management consulting, project-based services, HR consulting, legal services, insurance consulting, IT consulting, contingent labor programs, and translation services.
• Develop and execute category strategies that align with business objectives and evolving market conditions.
• Build trusted relationships with business stakeholders and provide sourcing expertise throughout the procurement lifecycle.
• Manage competitive sourcing events, including RFIs, RFPs, supplier evaluations, and recommendation processes.
• Negotiate commercial agreements and contract terms to maximize value while mitigating risk.
• Draft, review, and manage statements of work (SOWs), master service agreements (MSAs), and contract amendments.
• Conduct spend analysis and identify opportunities for cost savings, process improvement, and supplier optimization.
• Monitor supplier performance and support effective supplier relationship management practices.
• Analyze market trends and industry developments to inform sourcing decisions and category strategies.
• Collaborate with cross-functional teams to drive successful project outcomes and continuous improvement initiatives.

Requirements

• Minimum 5 years of sourcing, procurement, or category management experience focused on professional services.
• Demonstrated success leading complex, high-value sourcing projects and negotiations.
• Strong knowledge of management consulting, strategy consulting, and project-based services procurement.
• Experience working with large global consulting organizations and professional services suppliers.
• Strong contract management, commercial negotiation, and risk assessment skills.
• Excellent stakeholder management, communication, and influencing capabilities.
• Advanced proficiency in Microsoft Excel, PowerPoint, and procurement or sourcing tools.
• Strong analytical and problem-solving skills with the ability to interpret complex data.
• Ability to manage multiple priorities in a fast-paced, client-focused environment.
• Willingness to work in a hybrid environment with approximately four days per week in office

The anticipated salary range for this position is $120,000 - $170,000, with eligibility for an annual discretionary bonus. Compensation will be determined based on factors such as experience, qualifications, skills, and location.

Employees are eligible for a comprehensive benefits package, which includes medical, dental, and vision coverage, retirement savings benefits, paid time off, and additional wellbeing programs.