Principal Sourcing Specialist

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Sourcing Specialist IV

The Principal Sourcing Specialist is responsible for leading the development, management, and execution of strategic sourcing and contracting initiatives for assigned categories of third party spend or projects.  The categories of spend assigned to this role will include indirect services that support NRG’s customer-facing consumer business lines - retail energy and smart home security – such as billing and print services, payment and remittance processing, credit and collections support, and other related back-office operations.

Responsibilities

• Develop and articulate category sourcing strategies that support internal business needs, drive continuous improvement, leverage market intelligence, and optimize quality, cost, innovation, and relationship development within assigned categories.
• Leverage a strong knowledge of indirect service contracts, including the ability to read and interpret complex contract language, to negotiate master agreements and statements of work and establish supplier performance standards aligned with business objectives.
• Engage proactively with business unit leaders and stakeholders to collaborate on initiatives, create alignment, and support achievement of their business strategies and objectives. 
• Coach peers and business unit management on all aspects of managing the contracting lifecycle.
• Resolve supplier conflicts and disputes, negotiate solutions, and implement corrective actions when necessary.
• Monitor and analyze industry trends and business activities to identify strategic sourcing opportunities and lead efforts to leverage improvements in cost, quality, or innovation.
• Manage supplier relationships to meet corporate or business unit needs, maintaining effective relationships with primary suppliers within assigned commodities or services categories.
• Ensure compliance with all company policies, procedures, and external regulations, and reinforce adherence among business partners.

Qualifications

Experience:  5+ years in sourcing and contracting for third party service-related categories of spend in a relevant customer-facing industry.   Prior experience with categories such as back-office operations, corporate services, IT products and services, marketing, etc. is required.

Education:  Bachelor’s degree in Business Administration, Engineering, Computer Science, Supply Chain Management, or a related discipline.  Applicable experience in related disciplines or industries may be substituted for the degree requirement.  

Additional Knowledge, Skills, and Abilities:  

• Excellent interpersonal, motivational, and influencing skills for interacting with team members, business partners, suppliers, and management.
• In-depth knowledge of master agreement structuring, terms and conditions, redlining, and experienced in collaborating with legal and other support teams to minimize risk and secure best value terms.
• Ability to plan, prioritize, and manage workload with considerable independence.  Strong attention to detail, organization skills, and time management.
• Understanding of competitive business environments and ability to react and adapt quickly to changing priorities.
• Ability to network both internally and externally to gather insights and identify options that deliver optimal value for the company.
• Excellent written, verbal, analytical, and presentation skills for producing and communicating clear, comprehensive, and concise reports.
• Proficiency with Microsoft Office applications
• Experience with S4/HANA SAP, Coupa, and Ariba systems preferred                  

Physical Requirements:

• Occasionally requires lifting as appropriate to perform duties and responsibilities.

 Working Conditions:

• Remote position with expectations of 1-2 days in the office per month or as business needs require
• Some overtime required as special projects arise.
• Travel (minimal < 10 % of time)

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.