Job description

The Chief Procurement Officer Role

The Chief Procurement Officer will lead a global team responsible for developing and executing strategies for sourcing, source-to-pay, third-party risk management and compliance.

The role will be responsible for the following specific areas, including, but not limited to:

Leading a global, client-focused procurement organization that fully leverages and assertively sources our third-party spending;
Comprehensive management of third-party spend while delivering world-class metrics;
Delivering innovation in and strengthening of methods, tools and processes;
Streamlining and optimizing methods and processes to ensure that procurement occurs in an efficient manner, while ensuring other factors, such as cost and risk, are addressed;
Analyzing industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply, and utilize emerging opportunities; and
Understanding market conditions for key goods and services. – e.g., IT and IT Services hardware, software, telecom and contract labor.

We expect the successful candidate will be a seasoned executive, with a proven track record of leading a procurement function for a large, global, publicly traded company, in a technology-enabled business platform of high growth and large scale with sound financials. The successful candidate will embody a collective of executive gravitas, comportment, skills and career experiences required for collaborating with and making recommendations to our Chief Corporate Affairs Officer and General Counsel, CEO and Executive Leadership Team.

The Chief Procurement Officer will report directly to Cognizant’s Chief Corporate Affairs Officer & General Counsel.

Key Responsibilities

The Chief Procurement Officer will be chartered with responsibilities including, but not limited to:

Directing and developing a team of procurement professionals in both direct and global matrixed teams to achieve the overall goals of the organization on a flexible, scalable basis;
Anticipating future procurement needs and having strategies in place to meet needs of rapidly scaling teams;
Developing global procurement governance model clarifying global, regional and local roles and responsibilities;
Developing and consistently delivering an effective and clear communications program regarding procurement programs/processes to global and specific employee audiences on an ongoing, proactive basis;
Providing senior leadership with regular analysis and recommendations of improvements to available programs aimed at optimization of return on investment for Cognizant, including conducting regular external benchmarking analysis and comparisons of procurement programs; and
Building alliances and fostering relationships across Cognizant’s senior leadership team, providing advice and counsel to senior business leaders on policy and guideline interpretation, etc.

Key Competencies

Demonstrated track record of success in developing and implementing effective procurement strategies, including excellent working knowledge of procurement-related policies, laws and regulations

Strong team player with the ability to collaborate and influence business, as well as functional partners
Ability to motivate in a team-oriented, collaborative environment
Excellent negotiation and communication skills
Strategic mindset and problem-solving skills
Deep knowledge of industry and global trends
Exceptionally self-motivated and directed

Cognizant Culture

A person who possesses a true passion for changing organizations for the better, and desires to do so within a success-oriented, yet professional atmosphere filled with business professionals who all manifest a belief in partnership, innovation, and excellence. Our “Cultural Value Drivers” are well-known and clearly communicated within the organization: Open, Transparent, Driven, Empowered, Opportunity-Filled, Flexible & Collaborative.

Location & Travel Requirement

United States; Northeastern area is preferable but not required; a remote location with travel for the preferred candidate may be possible

Travel as needed, likely including regular trips to India when practical.

Salary and Other Compensation:
The annual salary for this position is between $237,500 - $362,830; depending on experience and other qualifications of the successful candidate.

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

• Medical/Dental/Vision/Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term/Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

EEO Statement & Conditions

Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. If you have a disability that requires a reasonable accommodation to search for a job opening or submit an application, please email CareersNA2@cognizant.com with your request and contact information.

Military/Veterans Statement

Cognizant is committed to veteran and military communities. Cognizant is recognized as a military friendly employer and is a coalition member of the Veteran Jobs Mission. Our business resource group Veterans Network assists our military associates in building and growing a career at Cognizant that allows them to leverage the leadership, loyalty, integrity, and commitment to excellence instilled in them through participation in military service.

Employee Status : Full Time Employee
Shift : Day Job
Travel : No
Job Posting : May 10 2023

About Cognizant Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 185 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @USJobsCognizant.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
If you have a disability that requires a reasonable accommodation to search for a job opening or submit an application, please email CareersNA2@cognizant.com with your request and contact information.

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