Procurement Manager

Modera Wealth Management•Wayne, NJ

13h•$115,000 - $149,000

About The Position

Modera Wealth Management is an independent, fee-only firm that strives to make a lasting positive impact on the lives of our clients through comprehensive financial planning and intelligent investment management. Modera is fast-growing and has a track record of providing career development opportunities from entry level to ownership. Since 1983, Modera has been committed to being an advisory firm, and not a firm of advisors. Our growth has been driven by a desire to give clients a personalized service experience with our distinct combination of professional excellence and a friendly, relatable work style. Through this vision, we have grown to more than 200 employees in 19 offices along the East Coast, managing more than $15B in assets for more than 6,000 individuals, families, and businesses. Job Overview: We are looking for a Procurement Manager that will lead the execution of sourcing, negotiating, contracting, and supplier lifecycle management. This role will strategically manage the acquisition of goods/services, ensuring cost effectiveness, compliance with internal financial guidelines as well as regulatory requirements, and robust vendor management including vendor due diligence, ultimately supporting the firm’s strategic objectives and risk management. Please Note: We have ONE opening for a Procurement Manager that can be based in one of our many office locations: Charlotte, NC - Wayne, NJ - Boston, MA - Westwood, NJ

Requirements

Bachelor’s Degree required
Minimum 5+ years in purchasing or procurement
Strong financial acumen, budget management, and analytical skills
Expert negotiation, communication, and interpersonal skills
Proven experience in strategic sourcing, contract management, and risk mitigation
Proven analytical and problem-solving skills
Working knowledge of planning strategies and solutions
Highly proficient in computer software, including the Microsoft Office Suite
Excellent written and verbal communication skills
Actively engages as a team member
Adaptability and flexibility
Client first attitude
Occasional travel may be required

Responsibilities

Sourcing Strategy Execution: Develop and implement sourcing strategies that align with business requirements and stakeholder priorities, delivering measurable benefits across cost, quality, service, and innovation
Contract Management: Execute end-to-end sourcing and contracting processes, ensuring compliance with company policies, legal standards, and ethical practices. Leverage strong negotiation skills to support departmental leaders and lead negotiations when needed.
Vendor Relationship Management: Forge and maintain strategic relationships with vendors, managing all aspects from performance evaluation to contract negotiation and renewal ensuring competitive pricing and terms as well as timely delivery.
Stakeholder Collaboration: Build effective relationships with internal and external stakeholders, including senior leaders and suppliers, ensuring alignment and timely resolution of escalations.
Compliance and Best Practices: Ensure procurement processes, systems, and methodologies are utilized in a compliant and ethical manner while driving consistency and continual improvement across operations
Project Management and Reporting: Support the delivery of savings targets and other Key Performance Indicators aligned with business goals, providing regular updates and insights to stakeholders Regularly review usage to align with actual needs, identifying opportunities to reduce costs by reallocating or terminating underutilized goods and services