The Director of Procurement and Financial Analysis plays a critical role in the transformation of our business. This includes providing strategic financial analysis with an overall focus on delivering valuable analysis, insights, and reports to executive leadership involved in our efforts to develop new ways to reduce costs, create efficiencies, and invest in the business. This position is responsible for utilizing company and financial knowledge to evaluate business cases.
Responsibilities:
Develop TEGNA’s sourcing strategy for leveraging suppliers of common goods or services for cost, service, and performance enhancements. Facilitate the process from identification, negotiation of commercial terms and awarding of contracts, and vendor onboarding and subsequent diligence review.
Manage vendor and third-party relationships and contracts for all functional areas of the company.
Develop and maintain relationships with key business leaders to understand and support their vendor needs and Capital requirements. Work with key stakeholders to identify opportunities to leverage purchasing power and gain strategic efficiencies.
Establish and enhance contract management policies and procedures. Conduct ongoing review and meetings with stakeholders in advance of expirations or renewals. Drive efficiency through continuous process improvement and creative cost-saving initiatives.
Participate in business case reviews, including ROI and other metrics for Sourcing, Capital and other Company matters.
Oversee vendor analytics, market analysis, and model potential outcomes to test savings hypotheses and develop recommendations that drive cost savings.
Develop and manage requests for information or proposals.
Lead the annual Capital budget process, track actual Capital spend and sign-off on Capital reporting. Develop a roadmap for forward looking Capital investments.
Partner with Legal on development of standard terms and conditions for vendor agreements, contracts, and other Company matters.
Track expense savings achieved through efforts and provide regular updates to senior leadership.
Oversee administration and maintenance of contract database (CobbleStone) for corporate and enterprise-wide agreements, procurement tool (Oracle Fusion).
Supervise analyst(s) to support business case reviews and sourcing functions.
Job Requirements:
Requirements:
Bachelor’s degree (BA/BS) in Business, Purchasing & Supply Chain Management, Economics, Finance, or other quantitative fields.
7-10+ years work experience including 5+ years work experience with consulting, sourcing, or procurement experience preferred.
Experience preparing and managing RFP processes and experience negotiating contracts with suppliers for goods and services.
Excellent interpersonal skills, organizational skills, analytical ability, and proven ability to work within teams in a decentralized environment.
Proficient Microsoft Office skills, including PowerPoint, as well as confidence in using new function specific resources. Excellent data analysis skills, including MS Excel pivot tables and VLOOKUP functions.
Ability to effectively interpret and simplify complex financial data and strategies in order to present polished accurate summary information – including data visualization skills.
Excellent written and verbal communication skills with ability to manage change.
Ability to multi-task and balance long-term and short-term initiatives and projects.
Motivated to grow and perform in a high-performance organization.
Proven ability to deliver results, including cost savings.
Work Environment: Office
Physical Demands: Light work
Travel: Rarely: less than 10%
Work Environment Set: Office: normally performed in a typical interior/office environment
Physical Demands Set: Light work: Involves sitting most of the time, walking, lifting, bending, standing, etc.
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 63 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA Marketing Solutions (TMS) offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. For more information, visit
TEGNA requires all employees to be fully vaccinated (as defined by the CDC) against the coronavirus.
EEO statement:
TEGNA Inc. is a proud equal opportunity employer. We are a drug free, EEO employer committed to a diverse workforce. We encourage and consider all qualified candidates regardless of race, color, religion, national origin, sex, age, marital status, personal appearance, sexual orientation, gender identity, family responsibilities, disability, enrollment in college or vocational school, political affiliation, veteran status or genetic information. TEGNA complies with all applicable laws related to accommodations.
Recommended Skills
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Capital Requirements
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Job Snapshot
Employee Type
Full-Time
Location
McLean, VA
Job Type
Media – Journalism – Newspaper
Date Posted
04/03/2022
Job ID
11466/10780/58558