Sourcing and Procurement Manager - Corporate Services

Verisign helps enable the security, stability, and resiliency of the internet. We are a trusted provider of internet infrastructure services for the networked world and deliver unmatched performance in domain name system (DNS) services.

We are a mission focused, values driven company where each individual can contribute to building a stronger, more secure internet. We offer a dynamic and flexible work environment with competitive benefits and the ability to grow your career.

Within Verisign, the Sourcing and Procurement Team provides enterprise-wide procurement expertise and support across various commodities, including but not limited to corporate services, technology, professional services, and telecommunications. We are seeking an experienced individual level contributor to enhance our existing capabilities.

In this role, you will engage with cross-functional stakeholders and lead various procurement related processes, which includes identifying sourcing opportunities, leading competitive bidding initiatives, evaluating supplier proposals, and negotiating commercial terms and conditions. This position is instrumental in achieving objectives across price, quality, service, compliance, and performance.

Key immediate focus areas include:

• Sourcing support for various spend categories including corporate and critical facilities and other categories as assigned


• Maximize value capture and other benefits achieved through sourcing


• Support ongoing transformation initiatives, process improvements and use of sourcing tools

An ideal candidate embraces collaboration and teamwork across the organization. We expect the candidate to possess competencies that allow them to bring noticeable improvements in some of the above-mentioned areas.

Duties and Responsibilities:

• Leads the execution of strategic sourcing and competitive bidding initiatives, including conducting spend and data analysis, internal assessments, drafting requests for proposals, evaluating proposals, and negotiating with suppliers


• Collaborates with stakeholders on business and technical requirements and throughout the procurement process


• Leads the negotiation of commercial terms with suppliers


• Maintains purchasing-related documentation, including sourcing assessments and deliverables, supplier performance information, compliance metrics and value capture results


• Reviews and analyzes purchase requisitions and coordinates purchasing activities with the procurement strategy, including use of preferred suppliers


• Monitors and reviews purchase requisitions and purchase orders to ensure transactions are processed in a timely and accurate manner


• Leads and/or participates in the supplier performance management reviews


• Develops and maintains policies and procedures for procurement related processes

Required qualifications:

• Bachelor’s Degree or equivalent work experience


• 8 + years of related progressively responsible related business experience leading strategic sourcing and contracting initiatives across various spend categories, including Corporate Services, Information Technology, Professional Services and Telecommunications


• Strong problem-solving, communication and interpersonal skills


• Proven experiences in leading complex sourcing and contracting initiatives


• Track record in leading procurement process improvement initiatives


• Proficient use of standard strategic sourcing, contracting and procurement related tools

Preferred qualifications:

• Graduate Degree or equivalent work experience


• Strong leadership skills to manage cross functional teams


• Certified Professional in Supply Management (CPSM)

This position is based in our Reston, VA and offers a hybrid work schedule.

The pay range is $123,500 - $167,100.

The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience. Verisign offers a discretionary bonus which is based on individual and company performance, and certain roles may be eligible for discretionary stock awards.

Verisign is an equal opportunity employer. That means we recruit, hire, compensate, train, promote, transfer, and administer all terms and conditions of employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, age, protected veteran status, disability, or other protected categories under applicable law.

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