What are the responsibilities and job description for the Principal Strategic Sourcing Manager position at Intuit?
Company OverviewIntuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.Job OverviewThe Principal Strategic Sourcing Manager will be an integral part of the Value Chain Sourcing team and will be responsible for driving global sourcing activities across multiple categories within Intuit in an independent contributor role. Areas of sourcing responsibilities can include Technology, Services, and Partnerships. This role will serve as a strategic leader and contact point responsible for building and managing relationships with key suppliers and internal Intuit business owners. This role supports Intuit in-product integrations of technology and services, driving new product evaluations, customer engagement, and 3rd party offerings. This role also requires the development and execution of sourcing strategies, with an equal emphasis placed on strategy and execution including the ability to identify, analyze, and quantify opportunities as well as the ability to manage RFI and RFPs and handle vendor negotiations. Projects will include a mix of both cost savings opportunities, revenue-driving projects, and indirect savings.This role will require the experience of a strategic driver who will act as the contact point across business unit leaders and stakeholders, including being key partner to support teams to ensure cross functional success of new opportunities. This will require the leadership capabilities to identify and evaluate strategic sourcing initiatives, drive total partner value, identify efficiencies, and support growth strategies across business and functional groups stakeholders. QualificationsBasic qualifications : Relevant industry or category experience10 years of strategic sourcing or consulting experience (e.g., developing category strategies, running RFI / RFQ / RFP, reverse auctions, interests-based direct negotiations) Experience with driving top line revenue and growth opportunities Experience with ERP and Source-to-Pay tools Experience in team environments and negotiating with internal and external stakeholdersExperience developing and / or presenting business cases, category strategy Solid financial and quantitative modeling. Attention to detail and ability to analyze complex data with multiple independent variables. Comfort with written and verbal communication of quantitative and qualitative information with executivesBachelor’s degree in Business, Supply Chain Management, or other quantitative discipline; equivalent experience will be considered Experience in contract development, administration, and / or management Experience managing multiple simultaneous projects in a fast-paced environment with several stakeholdersExperience in negotiating deals with global vendorsExperience managing global vendor relationshipsExperience in managing transformational projects that require high-level of change managementAttention to detail and ability to analyze complex data Availability to directly support and interact with multiple international business unitsDesired skills : A proven track record of cost reduction and productivity improvements; ability to influence and drive change while building solid relationships with your internal clients and external vendorsInternal or external business consulting experience highly desiredKnowledge and interest in key sourcing areas such as : TechnologyProfessional ServicesFinancial ServicesData / AI / MLCustomer Success and CareStrong analytical skills; MS Excel proficient; financial modeling preferredStrong written and communication skills; MS Office Suite and / or Google WorkspaceAbility to work independently as well as lead and participate in cross functional teams Ability to collaborate in a team environment Awareness of best practices regarding vendor management (e.g., strategic alliances, supplier certification, etc.) Excellent documentation and requirements analysisEligibility requirements : Interested candidates must submit a resume / CV online to be consideredMust be willing to submit to a background investigationResponsibilitiesLeadershipTake ownership and responsibility for proactively leading and managing strategic sourcing initiatives with or without analytical supportDirect, define, and implement sourcing strategies and initiatives to drive the delivery of growth strategy, and business transformation objectives for responsible categoriesLead portfolio including multiple projects that require strategy, planning and execution of transformational, complex and innovative projectsContribute suggestions to assist management in the development of organizational strategy, structure and operational roadmapProvide leadership, mentorship, and management of teamSets strategic priorities and develops goals and objectives for team planning resources accordinglyProactively builds relationships with and influences stakeholdersCollaborate with procurement teams where applicable to ensure procurement efficiency and automation, sourced supplier utilization, risk mitigation and contract complianceEngages with several stakeholders at all levels, primarily Group Manager / Director / VP and aboveDemonstrate and practice a high degree of professional integrity and ethical responsibility in all business activitiesKeep abreast of industry innovation and bring ideas that will help the company re-imagine and leapfrog ahead resulting in advancements in technologies, process methodologies or establishing supplier alliancesOpportunity AssessmentOwn and drive opportunity assessments with the right balance of strategic insights (spend, supplier, category, contract) and representation of current state to drive senior stakeholder engagement Evaluate and recommend strategic opportunities / initiatives to Strategic Sourcing leadership utilizing current and emerging business models, assessing short-term and long-term industry and strategic considerationsDemonstrate a high degree of deep data analysis and summarization for senior leadership review. Develop an effective approach to present and obtain sponsorship from senior leadership on opportunitiesStrategic Sourcing Process Execution and Project ManagementProvide category expertise and leverage that understanding to determine potential sources of supply, determine capabilities of suppliers’ product and service offerings, and relate offerings to stakeholder needsDetermine the right sourcing process considering bidding approach, formal and informal negotiations, and structure process to resolve conflicts and build consensusDrive project activity across large cross-functional team through communication of expectations, decisions, changes, enforcement of deadlines, and creation and evaluation of deliverablesDefine data needed to meet objectives and develop an effective plan for gathering it (including spend, contracts, supplier information, stakeholder insights, current state process & tools)Utilize analysis to solve business problems. Draw conclusions and insights that are not immediately obviousGather, analyze, and document requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, business analysis, and task and workflow analysisLead and Manage RFI / RFQ / RFPs from start to finish, which includes creation, issuance, and facilitation of the entire process, through vendor evaluations (using scorecards) and vendor selectionDirect the negotiation of highly complex, enterprise-wide, strategic supplier partners. Drive best total cost of ownership value for the organization based on specific project requirements and marketplace conditions.Manage issues & risks and communicate to management. Consult with senior management and project management experts as needed. Facilitate communication between project team and stakeholdersDrive consensus across critical business decisions that are complex and high impact to the organizationCreate supporting documentation to applicable standards such that the value generated can be included in executive-level presentationsLead projects that drive price reduction, optimized demand, vendor consolidation and process improvementContinuous Improvement and Supplier ManagementPartner with stakeholders to review ongoing vendor segmentation and identify strategic vendors to be included in vendor management programsPerform assigned vendor management activities (business reviews, scorecard reviews, discussions) in alignment with client teamsManages supplier performance monitoring and measurement and work with vendor owners on key escalations or remediationsIdentify improvement opportunities with key vendors and focus areas that drive continuous improvement across KPIs and pushes innovationEvaluate vendors for preferred supplier programs by category and drive adoption with stakeholdersMaximize realized value from vendor partnerships by driving third parties to innovate and automate solutionsPeople ManagementNo direct reportsIntuit provides a competitive compensation package with a strong pay for performance rewards approach. The expected base pay range for this position is Southern California $155,500 - 210,500. This position will be eligible for a cash bonus, equity rewards and benefits, in accordance with our applicable plans and programs (see more about our compensation and benefits at Intuit : Careers | Benefits). Pay offered is based on factors such as job-related knowledge, skills, experience, and work location. To drive ongoing pay equity for employees, Intuit conducts regular comparisons across categories of ethnicity and gender.
Salary : $155,500 - $210,500
