Procurement Operations Lead

Pinnacle Group, Inc.•Philadelphia, PA

1d•Hybrid

About The Position

Pinnacle Group is seeking a Procurement Operations Lead to manage contract drafting, review, and negotiation, ensuring compliance with organizational standards and risk policies. This role involves conducting market and spend analyses to identify cost-saving opportunities, supporting procurement processes like RFPs, and evaluating supplier proposals. The Lead will also be responsible for developing procurement dashboards, ensuring contract compliance, mitigating risks, and collaborating with internal business units and stakeholders. Key responsibilities include vendor relationship management, monitoring contract performance, maintaining documentation, and supporting policy development and supplier selection.

Requirements

Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field.
3–5 years of experience in procurement, contract analysis, or supply chain operations.
Strong analytical, organizational, and problem-solving skills.
Excellent attention to detail and ability to interpret complex contractual terms.
Proficient in Microsoft Excel and contract management systems (e.g., Coupa, SAP Ariba, Ivalua).
Strong negotiation and communication abilities.
Knowledge of procurement best practices and regulatory compliance.

Nice To Haves

Experience in government, construction, or corporate procurement preferred (depending on industry).

Responsibilities

Draft, review, and negotiate supplier and vendor contracts, NDAs, and service agreements.
Maintain accurate records of all contracts, amendments, and renewals in the contract management system.
Track key contract milestones (renewal dates, expirations, deliverables) to ensure continuity and compliance.
Partner with the Legal and Compliance teams to ensure adherence to organizational standards, regulatory requirements, and risk policies.
Conduct market and spend analyses to identify cost-saving opportunities and supplier performance improvements.
Support competitive bidding, RFP/RFQ processes, and supplier selection.
Evaluate supplier proposals, comparing pricing, delivery terms, and value-added services.
Develop and maintain procurement dashboards, KPIs, and spend reports.
Ensure all contracts comply with company procurement policies, legal standards, and ethical guidelines.
Identify and mitigate potential supplier or contractual risks.
Support internal and external audits related to contracts and procurement.
Work closely with internal business units to define procurement requirements and contract needs.
Serve as the primary contact for vendor queries and relationship management.
Communicate key contractual obligations and procurement insights to leadership.
Collaborate with internal stakeholders (legal, finance, operations) to manage contract negotiations and approvals.
Monitor contract compliance and performance metrics, identifying opportunities for renegotiation or improvement.
Maintain a centralized repository for contracts and procurement documentation with accurate tracking and reporting.
Assist in the development and enforcement of procurement policies and best practices.
Support RFP/RFI processes, supplier evaluations, and vendor selection activities.
Analyze spending trends and provide strategic insights to support sourcing decisions.