Principal, Spend Management Lead

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead the effective execution of complex engagements within the Spend Management domain.

• Align Vizient's resources, programs, and methodologies with the strategic goals and Statements of Work of clients.

• Oversee delivery teams across various sub-domain areas to enhance client value.

• Ensure achievement of financial improvement targets while cultivating robust client relationships and governance.

• Take responsibility for engagement deliverables, financial outcomes, and compliance with the Statement of Work.

• Ensure adherence to the Spend Management Partnership Management Methodology.

• Cultivate client trust, secure buy-in, and influence Financial Impact Agreements and strategic choices.

• Manage resource allocation, control the scope, and oversee risk management.

• Monitor key performance indicators and communicate any issues to stakeholders.

• Establish and lead governance frameworks between Vizient and clients, including Steering Committee meetings and updates for C-Suite executives.

• Maintain financial compliance while ensuring quality control is safeguarded.

• Coach and mentor teams, promoting a high-performance culture.

• Build relationships with clients and suppliers.

• Create and present communications for senior executive-level audiences.

• Facilitate both internal and external meetings, securing signoffs on critical milestones.

• Manage the scope, timelines, finances, risks, and dependencies of engagements.

• Measure value, velocity, and satisfaction through both quantitative and qualitative metrics.

⛳️ Requirements

• Preferred relevant degree; not mandatory.

• Desired Master's degree in healthcare administration, business administration, or a related field; not mandatory.

• Required 10 or more years of relevant professional experience.

• Significant experience in spend management within a supplier, hospital system, or consulting environment is required.

• Capacity to make effective and efficient strategic decisions while exercising sound judgment.

• Possess executive presence and strong communication abilities.

• Ability to quickly establish trust, relationships, and credibility.

• Capability to promote and uphold Vizient's culture, which includes work ethic, helpfulness, compassion, integrity, and character.

• Ability to work collaboratively with a diverse range of individuals and groups.

• Exceptional skills in consensus-building and conflict resolution.

• Ability to positively influence, inspire, and motivate the behaviors and actions of others.

• Willingness to travel regularly and efficiently throughout the year to meet client demands and schedules.

🏝️ Benefits

• Comprehensive benefits package.

• Eligibility for incentives.

• Opportunities for both personal and professional growth.