Sr. Sourcing Associate

What We're Looking For:
The Sr. Sourcing Associate will help execute 2U's strategic purchasing efforts and develop KPI metric reporting within the procure-to-pay department. The role will assist internal stakeholders determine their requirements and negotiate vendor agreements up to $100,000. The Sourcing Associate will interact with all levels of business management, legal team, procurement, and 3rd party vendors. Key to the role is the ability to help 2U obtain the pricing and contract terms that are favorable to the company, use excel or other data analysis tools to track KPIs, and be able to quickly learn key business enterprise technology systems. The Sr. Sourcing Associate will be evaluated based on the individual's ability to support internal customers, build and maintain key sourcing reports, obtain desired vendor services, generate cost savings, protect the company's capital, and ensure efficient and timely purchasing.
Responsibilities Include, But Are Not Limited To:

• Support and maintain the development of procure-to-pay KPIs and spend analysis reports on a monthly, quarterly, and yearly basis, and maintain spend analysis data.

• Manage contract lifecycle including drafting, negotiating, finalizing, and executing vendor agreements up to $100,000.

• Seeks cost savings opportunities including assisting punch out catalog purchases, assessing product utilization, and supporting cost reduction initiatives.

• Enforce 2U purchasing policies and procedures.

• Identifies change management opportunities and develops recommendations.

• Play a key role in special procure-to-pay projects such as system updates, user testing, and ensuring the accuracy of supplier data within the 2U Coupa system.

Things That Should Be In Your Background:

• Minimum of 2-3 years experience in Sourcing, Procurement, or other related finance functions
• A sourcing or purchasing background within a tech firm preferred
• Ability to manage multiple project demands and meet deadlines
• Proficient in Excel and PowerPoint or other interactive data visualizations software
• Bachelor's degree in business, supply chain management or related field

About 2U Inc. (NASDAQ: TWOU)
2U is comprised of 3 lines of business: Graduate Degree Programs, Short Course, and Boot Camps. Going beyond traditional learning management systems, we use tech, people, and data to help top universities and enterprise organizations transform in the digital era-and eliminate the back row in higher ed. We support lifelong learning which means thinking beyond a single degree. It means finding ways for students to gain the skills they need to change careers, evolve their expertise, and meet the challenges of the changing world head-on. We help our partners fill those needs-developing new digital education technologies and offerings capable of supporting students at different points in their lives. Whether they need a simple refresher, to learn something new, or to change their career trajectories completely, our partners are there to help them succeed. Together with our partners, 2U has positively transformed the lives of more than 275,000 students and lifelong learners.
2U Diversity and Inclusion Statement
At 2U, we are committed to creating and sustaining a culture that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities of our employees. We strive to offer a workplace where every employee feels empowered by the ways in which we are different, as well as the ways in which we are the same.
Benefits & Culture
Working at 2U means working with individuals that are passionate and mission driven. We collaborate on tough problems to deliver the best outcomes for our partners, students, and each other. You will find team members working together in our open office spaces, gathered in the kitchen grabbing a snack, or taking a break in our game rooms.
2U offers a comprehensive benefits package:

• Medical, dental, and vision coverage
• Life insurance, disability and 401(k)
• Unlimited snacks and drinks
• Generous paid leave policies including unlimited PTO
• Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break

In Colorado, the anticipated base salary for this role is$74,000.00 with potential bonus and equity eligibility. Note: The final compensation for this position may consider factors including the geographic location where the work is performed (candidate's assigned office) and prior work experience of the candidate.
To learn more, visit 2U.com. #NoBackRow
Note: The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.
2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans' status, or any other classifications protected by applicable federal, state or local laws. 2U's equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.