Senior Manager, Procurement

Dimensional Fund Advisors • Austin, TX

1d • Hybrid

About The Position

We are looking for an experienced procurement professional to join our Procurement team, which is part of our Finance organization. This person will partner with the Head of Procurement and leaders throughout the firm to develop and execute a strategic vision and operational excellence to maximize value through effective and strategic sourcing and procurement practices. The Senior Procurement Manager will be responsible for managing multiple stakeholder groups which will contribute to the overall financial results of the firm. Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth. It is the policy of the Company to provide equal opportunity for all employees and applicants. The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates. At Dimensional, we want to change the way the world thinks about investing. As a leading global investment firm, we offer systematic, value-added investment solutions based on robust science and thoughtful implementation. Our global team includes more than 1,600 passionate people with diverse experiences, education, strengths, and talents. With a learning mindset rooted in academia and powered by the great ideas in finance, we pursue what we believe are the strongest investment solutions, while providing a world-class client experience. Every employee plays a role in delivering these experiences, and we know we can achieve the most when we work as a team to endeavor to help improve investors’ lives. For more information about Dimensional and our current opportunities, please visit our Careers site. Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission. Dimensional sees great value from collaborating in our offices and appreciates the benefits of flexibility. Most roles fit our office-first hybrid approach: We are together on our campuses Tuesdays, Wednesdays, and Thursdays and have the choice to work in the office or remotely, depending on what is best for that work day, on Mondays and Fridays. This approach maximizes in-person collaboration and interaction while simultaneously providing flexibility and applies to most roles globally with a few exceptions that require more or less time in the office. Please discuss with your Recruiter to confirm the details for this specific role. Resumes and portfolios (when applicable) are required as part of your application. When applying from a mobile device or tablet, you may not be able to attach a resume. If you cannot include an attachment at the time of your application, you will receive a follow up email asking you to attach your resume from a computer. Here at Dimensional, we strive to be an inclusive workplace for all. Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply. The use of Artificial Intelligence during interviews and skill testing is prohibited, unless Dimensional Fund Advisors has authorized such use. If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, such accommodation is available upon request.

Requirements

• Bachelor’s Degree, or equivalent experience, and a minimum 7+ years of experience in sourcing/strategic procurement, with a focus on indirect spend, with a focus on market data (market data systems, processes, entitlements, and audits)
• Manage and implement processes for the procurement and allocation of Market Data, Indexes, Exchanges, and related services
• Experience with Procure-to-Pay solutions. Oracle is preferred, but knowledge of Ariba, Coupa, Zycus, etc. is helpful.
• A self-starter, positive attitude, selfless, ability to problem-solve under minimal supervision, in a new function, and approaches problems with a “can do attitude”
• Ability to translate technical requirements to create and lead sourcing events and contracting
• Experience in contracts, contract negotiations, contract strategy development and execution across multiple categories and contract types (e.g., MSAs, SOWs, etc.)
• Detailed knowledge of the strategic sourcing process and procurement best practices and can demonstrate how this knowledge can be applied to optimize profitability and supplier performance
• Experience enabling contract compliance and facilitating internal compliance reviews
• Strong computer application skills; MS Word, Excel, PowerPoint, etc.
• Team player with strong inter-personal communication and building strategic partnerships
• Proven experience and success in leading cost savings initiatives and cross functional teams

Nice To Haves

• CPM, PMP or APICS certifications
• Project management experience
• Financial Services or related industries experience is a plus

Responsibilities

• Providing leadership and support our business partners through contract negotiation, supplier management and enabling in e-procurement technologies
• Work closely with our business partners to negotiate contracts with vendors to ensure the best possible pricing and terms.
• Conduct bids as well as support department-specific sourcing projects.
• Institute policies and procedures for collecting and reporting key metrics that will reduce costs while increasing productivity
• Initiate process improvements that enable the buying process at Dimensional
• Managing the procurement process from request to delivery, including issuing purchase orders, tracking shipments, and managing business partner expectations
• Prepare and present business cases, monthly and quarterly metrics reports
• Lead the Request for Proposal process, including partnering with stakeholders to create the Statement of Work
• Participate in global scale contract management and associated logistics
• Collaborate with legal and infosec teams to ensure vendor and supplier the appropriateness of contract terms and ensure compliance with all regulations and controls

Benefits

• Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level