Senior Associate Procurement Sourcing

Job Description

Senior Associate, Sourcing

About Global Procurement at Thomson Reuters:

Global Procurement manages and optimizes Thomson Reuters' third-party spend. Our mission is to collaborate with stakeholders to acquire the right goods and services at the best value while managing risks effectively to drive corporate objectives. We integrate and manage a highly complex network of products, services, processes, technologies, and suppliers across all Thomson Reuters locations worldwide.

Reporting to the Director of Business Services Sourcing, Mexico, the Senior Associate, Sourcing will play a key role in partnering with Non-IT category stakeholders to lead sourcing activities. The goal is to reduce costs, manage risk, and improve the quality of goods and services. The role requires close collaboration with key stakeholders to support business functions in delivering programs aligned with budgets and objectives. Categories in scope include all Non-IT sub-categories, such as Real Estate, HR, Marketing, and Print.

Key Responsibilities

• Support the development of category plans and sourcing strategies, focusing on a portfolio of key initiatives across the company.
• Deliver key procurement initiatives that achieve the best value while managing acceptable levels of risk.
• Contribute to the annual pipeline of procurement initiatives, aligning with the financial planning process.
• Drive initiatives aimed at optimizing costs, improving user experience, increasing transparency and contract compliance, and enhancing efficiencies.
• Lead RFx initiatives, including supplier selection, contract drafting, and negotiations.
• Support the implementation and enhancement of sourcing methodologies to provide greater visibility and control over sourcing initiatives.
• Build and nurture collaborative relationships with procurement teams and stakeholders by understanding their requirements and priorities, providing well-rounded advice for spend decisions based on best practices.
• Provide regular updates to stakeholders and management on the status of projects and initiatives.
• Lead or support the contracting process, from drafting to execution, negotiating contracts using best-in-class practices and adhering to organizational contracting guidelines to reduce risk.
• Extend the influence of Procurement by fostering strong relationships within project teams, customer groups, and peer groups.

Required Qualifications

You are an ideal fit for the Senior Associate, Sourcing role if your experience includes:

• Credible knowledge and expertise across a wide range of Non-IT spend categories, with significant experience successfully developing and negotiating agreements ranging in value from $50K to $500K across multiple geographies.
• 3-5 years of applicable experience across the Professional Services Procurement value chain, including operations and program management, with a sound understanding of applicable laws and regulations.
• Excellent external and internal relationship management skills.
• Experienced sourcing practitioner with deal architecture and negotiation skills, a strong understanding of best-practice sourcing methodology, and a demonstrated track record of working ethically to achieve excellent outcomes.
• Strong experience managing the contracting process from drafting to execution, negotiating contracts by applying best-in-class practices.
• Expert analytical skills, with the ability to develop coherent, high-quality sourcing collateral, including business cases, contract summaries, and RFx materials.
• Experience with Source-to-Pay tools such as Ariba or Fieldglass.
• Excellent written and verbal communication skills in English.

Preferred Qualifications

• Bachelor's degree in Computer Science, Finance, Accounting, Economics, Business Administration, or a related field.
• Proficiency in MS Office (Word, Excel, PowerPoint, Outlook).

#LI-EG1

What's in it For You?

• Hybrid Work Model: We've adopted a flexible hybrid working environment for our office-based roles while delivering a seamless experience that is digitally and physically connected.
• Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
• Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
• Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
• Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
• Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
• Making a Real-World Impact:We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

About Us

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here.

Learn more on how to protect yourself from fraudulent job postings here.

More information about Thomson Reuters can be found on thomsonreuters.com