Vendor Portfolio Manager - ADP : Job Details
Vendor Portfolio Manager
ADPJob Location : Miami,FL, USA
Posted on :
2024-12-18T16:29:07Z
Job Description :
ADP is hiring a Vendor Portfolio Manager.
Apply Now!
- Do you enjoy taking on challenges, upholding values, energizing a team, and exceeding goals by driving projects to solve for problems across people, process and technology?
- Are you looking to join a fast-paced, inclusive environment with a culture of collaboration and belonging?
- Do you enjoy collaborating with different stakeholders and team members while staying aligned to team objectives and goals?If so, you will fit right in with our dedicated team, who make amazing things happen for each other and our clients every day.A little about ADP: We are a global leader in human resources technology, offering the latest AI and machine learning-enhanced payroll, tax, human resources, benefits, and much more. We believe our people make all the difference in cultivating an inclusive, down-to-earth culture that welcomes ideas, encourages innovation, and values belonging.What you'll do: ResponsibilitiesYou are:A proactive and detail-oriented Vendor Portfolio Manager who is responsible for understanding and owning the internal vendor ecosystem. You will lead initiatives to optimize costs and improve vendor utilization, and track and organize key relevant documents. The ideal candidate will have strong communication skills, a keen eye for cost-saving opportunities, and the ability to engage with both internal stakeholders and external partners effectively. This person will be a key member of the team with experience working collaboratively across multiple stakeholders and functional areas to achieve results. There are no direct reports associated with this role.What you can expect on a typical day:You will:
- Take ownership of the internal vendor management process by understanding the vendors' value propositions (software solutions and professional services) and serve as the main point of contact for internal stakeholders with questions related to the vendor's use.
- Play a key role in the new vendor research process alongside the procurement team to identify the best solutions.
- Engage actively in key events in the vendor lifecycle, including negotiation, contract signing, onboarding, renewals, and sunsetting, by providing insights and ensuring justified needs are met.
- Build and maintain a comprehensive database of vendors, capturing important details such as contact information, services provided, contract terms, and renewal prices. Keep the database up to-date and accessible for decision-makers.
- Work closely with senior leadership to monitor and keep them informed of vendor expenses, ensuring budget adherence, accountability and identifying cost-saving opportunities.
- Prepare and deliver regular presentations on the status of vendor relationships, including key metrics, cost savings, and any issues or risks that need to be addressed.
- Identify and recommend areas for cost savings or process improvements related to vendor management. Lead and drive initiatives that support these changes, ensuring stakeholder buy-in and implementation.
- Lead efforts to improve vendor management processes, persuading internal teams and leadership to support and implement proposed changes to vendor relationships or internal processes.TO SUCCEED IN THIS ROLE: Requirements
- 3-5 years of experience in vendor management, procurement, or cost optimization roles.
- Strong organizational skills with the ability to manage multiple priorities and track detailed information.
- Excellent communication and negotiation skills, with the ability to build relationships and influence stakeholders at all levels of the organization.
- Experience in creating reports, presentations, and financial analyses.
- Ability to identify and act on opportunities for cost savings and process improvements.
- Familiarity with contract management tools and systems is a plus.Behaviors:
- Proactive self-starter requiring minimal guidance and ability to meet deadlines.
- Recommend and implement practical solutions while collaborating directly with stakeholders to drive business improvements.
- Ability to think creatively and come to the table with proposed solutions.
- Ok with working with ambiguity and able to read between the lines.
- Strong problem-solving and critical thinking skills.
- Highly organized, detail-oriented, and proactive with strong project management skills.
- A willingness to operate within gray spaces and a desire to learn business transformation.Desired Skills:
- Bachelor's degree in Business Administration, Supply Chain Management, Finance, or related field.
- Ability to influence and challenge stakeholders and lead change. Flexible and able to navigate shifting priorities or unexpected challenges while maintaining focus.
- Knowledge of procurement and contract negotiation best practices.
- Strong project management skills, with the ability to lead cross-functional initiatives.
- Ability to leverage project management tools such as Microsoft Project to manage project plans.
- Analytical mindset with experience in data analysis and financial modeling.YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:
- Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
- Belong by joining one of nine Business Resource Groups where you can connect globally with networks and allies who share common interests and experiences.
- Grow your career in an agile, dynamic environment with plenty of opportunities to progress.
- Continuously learn through ongoing training, development, and mentorship opportunities.
- Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
- Focus on your mental health and well-being. We are here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
- Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
- Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.What are you waiting for?Apply today! #J-18808-Ljbffr
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