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Senior Procurement Contracts Analyst
Senior Procurement Contracts AnalystTroutman Pepper Locke LLP • Richmond, VA, US
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Senior Procurement Contracts Analyst

Senior Procurement Contracts Analyst

Troutman Pepper Locke LLP • Richmond, VA, US
15 hours ago
Job type
  • Full-time
Job description

We are always seeking talented, motivated, growth-minded, and creative individuals. Our firm is committed to providing employee support and advancement, while embracing inclusion and innovation as keys to a stronger future.

The Senior Procurement Contracts Analyst will play a critical role in optimizing our procurement processes, managing vendor relationships, and ensuring cost-effective purchasing strategies for the Firm. Works collaboratively with departments across the Firm for their vendor engagement and management needs, while interacting with vendors and key firm stakeholders to align resources and budgets to ensure achievement of objectives. This position requires a strategic thinker with strong analytical skills and extensive experience in procurement within a professional services environment.

Essential Duties And Responsibilities

  • Reviews, and negotiates contracts, including firm-wide and department contracts for a variety of needs and types of purchases while ensuring the firm is securing the best value and most favorable terms.
  • Provides guidance to key firm stakeholders and departments on contracting best practices and procurement approaches for the firm's acquisition of products and services.
  • Maintain strong relationships with key vendors, negotiate contracts, and monitor vendor performance to ensure compliance with terms and conditions.
  • Develop and implement formal sourcing initiatives (RFP / RFQ / RFIs), evaluates proposals, and negotiates, awards, administers, and closes out contracts as appropriate.
  • Analyze procurement data to identify trends, opportunities for cost savings, and areas for process improvement.
  • Prepare detailed reports and presentations for management.
  • Monitor budgets, track expenditures, and identify cost reduction opportunities without compromising quality.
  • Identify potential risks in the procurement process and develop mitigation strategies to ensure continuity of supply.
  • Acts as a liaison for all formal and legal correspondence relating to contracts.
  • Works closely with Office of General Counsel, IT and other departments as required, ensuring that terms and conditions are compliant with policies, procedures and best business practices.
  • Effectively works on multiple projects, assignments, and priorities to ensure procurement knowledge is incorporated into projects and plans.

Knowledge, Skills And Abilities

  • Demonstrated negotiation skills of the highest quality and effectiveness.
  • High level of accuracy and attention to detail is critical.
  • Ability to effectively prioritize according to need and urgency.
  • Strong interpersonal skills, with the ability to provide high-quality service and partner effectively with diverse groups of people at various levels within the firm as well as external contacts.
  • Ability to lead mid to high complexity sourcing and procurement projects in various categories.
  • Ability to communicate clearly, both written and verbal.
  • Ability to self-manage and work independently in a remote, hybrid, or in-office setting.
  • Strong knowledge of relevant software applications, licensing structures and contract terminology. Advanced Excel skills and experience with data analysis tools.
  • Education And / or Experience

  • Bachelor's degree in Business Administration, Finance, Law, or a related field. A Master's degree or relevant certification (e.g., CPP, CPM) preferred.
  • Deep experience in developing and managing contracts, invoices, and software licensing terms.
  • Minimum of five (5) years of experience in procurement, preferably within a law firm or professional services environment, with a minimum of three (3) years in a senior or lead role.
  • The Firm will comply with any applicable city or state workplace mandates in effect in regards to Covid-19.

    Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Troutman Pepper Locke adheres to a policy of equal opportunity and will make all employment decisions, which include hiring, promotion, transfer, demotion, evaluation, compensation and separation, without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, pregnancy, citizenship, disability, genetic information, marital or armed forces status and any other classification as protected by law.

    Compensation is dependent on several factors, such as position, location, education, training, and / or experience. Hiring Salary Range $100,000.00 - $120,000.00

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    Procurement Analyst • Richmond, VA, US

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