Senior Sourcing Consultant

Principal Financial Group • Charlotte, NC

8d • Hybrid

About The Position

Further your career today as a Strategic Sourcing Consultant at Principal Financial Group! We are seeking exceptional candidates to join our Global Sourcing team in Des Moines, IA, or Charlotte, NC. As a Sourcing Consultant, you will have the opportunity to collaborate with business partners and suppliers to develop strategic Consulting/Professional Services/Outsourcing contracts and relationships. This is your chance to be part of a world-class team that is passionate about providing the most value to our business partners. As a Sourcing Consultant within our Professional Services category, you'll help us transform the way our teams deliver value to our business partners. We are seeking highly motivated Consulting/Professional Services Sourcing professionals who can encourage innovative solutions that are valuable (saves money for the business), viable (the solution fulfills the requirements and works within the constraints of our business), and strategic (leverages industry intelligence that keeps us ahead of the competition.)

Requirements

• Bachelor's degree or equivalent experience
• 6+ years related experience (i.e., sourcing, supply chain management, contract negotiations, contract law)
• Knowledge of and experience with strategic sourcing principles and supply base management strategy with particular emphasis in professional services categories
• Desire to learn about market intelligence & analytics within the professional services industry
• Proven ability to engage with business partners and company leaders in a constructive and collaborative relationship
• Aptitude for solving complex problems and challenging/influencing stakeholders.
• Strong oral and written communication skills are vital

Nice To Haves

• Extensive experience negotiating Professional Service agreements (all types)
• Strategic planning, spend analysis and supplier management (performance tracking and reporting, governance) experience
• Experience as a sourcing consultant within the consulting and managed / outsourced services categories strongly
• Experience with contingent workforce programs / staffing MSP’s

Responsibilities

• Coach and influence internal and external leaders and teams to promote best practices in category management and achieve business results
• Develop sourcing initiative strategy according to the total cost of ownership model, internal data, and category market intelligence
• Collaborate with our leaders to deliver solutions for their business needs as we produce outcomes our customers love
• Direct and execute on all aspects of strategic sourcing for medium-to-high complexity (dollar and risk) third-party spend needs
• Lead consulting statement of work requirements development, supplier selection, pricing analysis, and contract review and negotiation
• Support audit compliance and risk management efforts

Benefits

• Flexible Time Off (FTO)
• Pension Eligible
• Bonus program (for non-sales positions)
• Comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree