Sourcing Manager - Procurement, Remote

Florida Blue (Blue Cross and Blue Shield of Florida)•United States,

1d•$100,400 - $163,200•Remote

About The Position

The position of Sourcing Manager requires talented, experienced, professionals with good business acumen, legal acuity, product knowledge, project management and organization skills. These skills, combined with a suite of competencies designed to successfully navigate the enterprise and vendor community, are necessary to produce well-constructed, mid to higher complexity solutions and contracts containing sound financials, balanced risk and measurable vendor accountabilities. Candidate must be a self-starter who requires minimal supervision in performing assigned tasks and has the ability to comprehend legal, financial and business concepts. Candidate will ensure that contracts and payment terms are negotiated in accordance with established Florida Blue contract administration policies and procedures, including all regulatory requirements. Prepares management reporting to summarize the status of contract negotiations and provides information to aid in management decision-making.

Requirements

7+ years related work experience.
Successful contract negotiation experience in mid-complexity SaaS, Technology related Professional Services, Business Process Outsourcing (BPO) and Health Services.
Related Bachelor’s degree or additional related equivalent work experience related field.
Requires strategic as well as tactical knowledge of the RFP/Process Improvement to promote a change in procedural compliance.
Understands principals of procurement and supply management.
Proven ability Possesses a good understanding of the business intricacies and details associated with establishing a BPO and Health Services arrangement and accurately representing those details in the contract.
Proven ability to drive organizational change and influence across matrix and at all levels of management, including executive level.
Proven ability to lead cross functional teams.
Strong contract drafting and terminology knowledge that includes understanding of contract language, risk based language, contracting traps and pitfalls to avoid, document management and control, and legal acuity necessary to successfully negotiate mid-complexity contracts.
Possesses a good understanding of the IT Infrastructure, SaaS and Technology related Professional Services.
Detail and teamwork oriented with excellent organizational skills.
Ability to, review and moderate to complex contract issues and recommending appropriate resolutions.
Ability to comprehend complex problems where analysis of situations or data requires an in-depth evaluation of various factors.
Strong organizational and time management skills.

Nice To Haves

Master’s degree in a related field Or in Business
CPSM certification

Responsibilities

Interact and collaborate with internal stakeholders from Legal, Compliance, IT, TPRM and Health Services, as applicable, to influence across all levels of management, including executive leadership.
Lead business requirement gathering sessions.
Document and prepare comprehensive bidding packages.
Represent Florida Blue as the single point of contact with potential suppliers during the RFP process.
Facilitate and lead onsite vendor presentations.
Develop and facilitate the use of formal scoring matrices to support vendor selection.
Maintain strict compliance with corporate policies and procedures relating to Business Ethics and Code of Conduct, in addition to the specific procurement regulations established by the Federal Government.
Proactively identifying and taking action to improve the applicable procurement processes.
Identifying opportunities to increase internal business partners’ education and alignment and acting on ideas.
Using and analyzing data to support improvement opportunities.
Utilizes professional specialized expertise in technical, legal, business, procurement and asset management disciplines for the acquisition of tangible and non-tangible assets.
With minimal supervision, determine the appropriate contracting approach to mid-complexity acquisition needs, as well as draft, present and negotiate all language within such contracts with stakeholders and vendors.
Possess a good working knowledge and understanding of legal, risk and business implications of contract language.
With minimal supervision, accurately ascertain, manage the associated due diligence regarding, and contractually address the implications of FEP, CMS, State Group, HIPAA, HITECH, etc. requirements on any asset acquisition activity.
Develop well thought out acquisition and negotiation strategies and execute with accuracy and agility.
Articulate, defend and present contracting strategies and approaches (of both parties) with business stakeholders and management as necessary to gain support and buy-in on negotiating strategies and efforts.
Construct professionally written executive summaries which articulate, in summary fashion, the initiative supported by the acquisition, the strategy, negotiation highlights, inherent risks and benefits, and financial landscape of mid-complexity contracting efforts.
Handle multiple assignments and achieve goals and deadlines in a fast-paced environment.
Manage continuous process improvement by proactively identifying and taking action to improve the applicable procurement processes.
Identify opportunities to increase internal business partners’ education and alignment and acting on ideas.
Use and analyze data to support improvement opportunities.
Utilize professional specialized expertise in technical, legal, business, procurement and asset management disciplines for the acquisition of tangible and non-tangible assets.
With minimal supervision, determine the appropriate contracting approach to mid-complexity acquisition needs, as well as draft, present and negotiate all language within such contracts with stakeholders and vendors.
Possess a good working knowledge and understanding of legal, risk and business implications of contract language.
With minimal supervision, accurately ascertain, manage the associated due diligence regarding, and contractually address the implications of FEP, CMS, State Group, HIPAA, HITECH, etc. requirements on any asset acquisition activity.
Develop well thought out acquisition and negotiation strategies and execute with accuracy and agility.
Articulate, defend and present contracting strategies and approaches (of both parties) with business stakeholders and management as necessary to gain support and buy-in on negotiating strategies and efforts.
Construct professionally written executive summaries which articulate, in summary fashion, the initiative supported by the acquisition, the strategy, negotiation highlights, inherent risks and benefits, and financial landscape of mid-complexity contracting efforts.
Handle multiple assignments and achieve goals and deadlines in a fast-paced environment.

Benefits

Medical, dental, vision, life and global travel health insurance
Income protection benefits: life insurance, short- and long-term disability programs
Leave programs to support personal circumstances
Retirement Savings Plan including employer match
Paid time off, volunteer time off, 10 holidays and 2 well-being days
Additional voluntary benefits available
A comprehensive wellness program
Competitive pay
Opportunities for incentive or commission compensation
Regular annual reviews with pay for performance considerations for base pay increases