Principal Sourcing Specialist

As an NRG employee, we encourage you to think creatively and proactively about your career choices. Our work environment is dynamic and the career opportunities across our businesses offer variety and challenge. Providing career growth to our own employees is critical to our ongoing success--take charge of your career goals and empower your future!

Principal Sourcing Specialist is responsible for leading the development, management, and implementation of strategic contracting and sourcing initiatives for assigned categories of third party spend or projects. The categories of spend assigned will primarily be for indirect services such as customer operations, corporate services, communications, marketing, sponsorship, and new business development.

Essential DutiesResponsibilities

• Develop category sourcing strategies that drive continuous improvement, leverage market intelligence, and optimize quality, cost, customer focus, innovation and relationship development within assigned categories
• Lead sourcing initiatives and cross-functional sourcing project teams
• Regularly communicate and proactively engage with business unit leaders and internal stakeholders to collaborate on initiatives, create alignment, and help achieve their business strategies and objectives
• Coach and lead both peers and business unit management on all aspects of managing the contracting lifecycle
• Negotiate master agreements and statements of work, including setting supplier performance standards that meet business objectives
• Resolve conflicts and disputes, negotiate solutions, and implement corrective actions when necessary
• Monitor and analyze business unit and industry activities to identify strategic sourcing opportunities and lead efforts to leverage improvements in cost, quality, or to discover new best practice trends
• Manage supplier relationships for the benefit of corporate-wide or business unit needs. Maintain effective relationships with suppliers within assigned commodities or services categories
• Maintain compliance with all company policies, procedures, and practices. Effectively resolves policy concerns and ensures compliance with all internal and external policies and regulations, reinforcing their use by business unit partners and management

Working Conditions

• Hybrid work schedule; a combination of working remotely from home and 1-2 days a week in the office (open office environment)
• Some overtime required as special projects arise
• Travel (minimal

Minimum Requirements

• Five (5) years' experience sourcing and contracting for third party service-related categories of spend in a relevant industry
• Bachelor's degree from an accredited four (4) year college/university with a major in in Business Administration, Engineering, Computer Science, Supply Chain Management or related discipline

Preferred Qualifications

• Experience sourcing for groups including corporate services, IT products and services, marketing, and/or customer operations.

Additional Knowledge, Skills and Abilities

• Strong interpersonal, motivating, and influencing skills for interacting with team members, business partners, suppliers, and management.
• Possesses a working knowledge of master agreement structuring, terms and conditions, redlining, and experienced in dealing with legal and other support departments to ensure lowest possible risk and best value terms for the company.
• Ability to plan, prioritize, and manage workload with considerable independence. Strong attention to detail, organization skills, and time management.
• Understands a competitive business environment and possesses ability to react quickly to changes in priorities by internal customers.
• Ability to network both internally and externally to seek out and integrate information and options that achieves the best overall value for the company
• Excellent written, verbal, analytical, and presentation skills for producing and communicating comprehensive and concise reports
• Proficiency with Microsoft Office applications
• Experience with S4/HANA SAP and Ariba systems is desired

Physical Requirements:

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

Why NRG is a great place to work:

• Great company culture!! Voted as a BEST employer by Forbes
• A competitive total compensation package, including annual incentive and/or commission
• Stock Purchase Plan
• Benefits on the first day of employment - Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.
• Company-paid life insurance and disability insurance
• 401 (k) plan to help save for retirement
• Generous FTO plan, plus 10 company holidays, and 1 floating holidays
• Numerous discounts, including electricity discounts on NRG brands

If you reside in or intend to work remotely from California, Colorado, New York or Washington State, you may contact [email protected] for compensation information related to this position and other information as required by applicable law. Please include the job title in your request.

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/Vet/Disability Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Talent.