Edelman Financial Engines, LLC

Edelman Financial Engines, LLC

Indirect Procurement Director

Boston, MA · Director

Sponsorship not specified$150k-$174kDetected 3 hours ago
C++NegotiationBudgetingExcelFP&AProcurementIntellectual PropertyFEALeadershipCommunicationCritical ThinkingPublic SpeakingMicrosoft OfficeAccounts PayableNetSuite

About the role

  • At Edelman Financial Engines (EFE), our purpose is to guide people with the financial advice they need to thrive.
  • We believe that every dollar saved represents a lifetime of hard work and aspirations, and every dollar invested has a job to do for our clients.
  • These values guide everything we do, for our clients and each other.

Responsibilities

  • Delivers enterprise-grade cost and savings analytics, delivering executive-ready insights on spend trends, value realization, and procurement impact to inform strategic and financial decisions.
  • Owns and Leads cross-functional initiatives to streamline the supplier base, influence stakeholder decision-making, and deliver quantifiable savings and operational efficiencies.
  • Lead Indirect Procurement sourcing activities including RFP initiatives including initiation, creation, launch, tracking and analysis, competitive bid negotiation, drafting and redlining, to final contract execution.
  • Audit and collaborate with business owner's category specific inventories ensuring proper requirements are identified and adequate licensing/consumption is gained, and cost control measures are implemented
  • Lead meetings across multiple departments in driving change and consolidation of suppliers for cost savings and vendor optimization
  • ability to establish and implement objectives and strategy
  • Ability to balance multiple priorities in a high-volume environment while ensuring excellent attention to detail; ability to establish and implement objectives and strategy
  • Our goal is to build long-term relationships based on respect, integrity, and a belief that our responsibility is to help people make smart investments decisions in every stage of their lives.

Requirements

  • 10+ years' Procurement experience in Indirect Sourcing
  • Knowledge of Microsoft Office Suite, intermediate level for excel and PowerPoint
  • Master's/Bachelor's degree

Nice to have

  • Certification in Procurement (i.e. CPM, CTPE, CPP, SPSM, CIPS) preferred

Compensation

  • The expected base salary range for this role nationally is $150,000 - $174,400.

Company info

  • Client First, One Team, Respectful Candor, and Endless Curiosity.
  • We are committed to moving forward together.
  • If you are inspired by purpose-driven work and a collaborative, values-led culture, we invite you to explore a career with us.
  • This position partners closely with executive stakeholders to translate complex business requirements into well thought out, detailed sourcing strategies, driving the selection and management of best-in-class vendors for non-production goods and services.
  • This role requires deep expertise in strategic sourcing, supplier relationship management, and commercial structuring to consistently deliver optimal value, innovation, and risk mitigation.
  • The Director position will champion leadership oversight of procurement operations, ensuring alignment with financial plans, adherence to corporate policies, and the highest standards of governance and integrity.
  • In addition, the Procurement Director will leverage advanced analytics to assess spend, supplier performance SLA's, and realized savings-presenting insightful dashboards and executive-level reporting.
  • The role requires strong executive presence and the ability to confidently present complex sourcing strategies, financial outcomes, and risk considerations to senior and executive leadership.
  • This role calls for a highly skilled individual contributor who operates as a trusted advisor to the business, reporting to the Sr.
  • Director of Procurement.
  • The successful candidate will proactively build cross-functional alignment, drive strategic sourcing initiatives, and lead high-impact negotiations.
  • As an Indirect Procurement Director within Edelman Financial Engines' centralized Procurement function (FP&A), this role serves as a senior strategic leader responsible for shaping and executing enterprise-wide sourcing strategies across the Procure-to-Pay lifecycle.
  • As a subject matter expert, this individual will execute high-impact initiatives involving value-added resellers (VARs), complex RFP processes, and enterprise budget planning, while applying advanced negotiation strategies to structure and close large-scale, high-value agreements.

Visa & Work Authorization

  • dentity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, mil
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