[Hiring] Cloud Vendor Management Specialist @Revvity

Role Description

The Cloud Vendor Management Specialist is responsible for managing vendor relationships and ensuring compliance with company standards throughout the vendor lifecycle.

Primary Responsibilities

• Vendor Onboarding and Due Diligence:
  • Manage new vendor onboarding from initial request through approval.
  • Ensure vendors satisfy company requirements for information security, privacy, legal, financial, insurance, compliance, business continuity, and operational readiness.
  • Coordinate the collection and review of contracts, statements of work, certificates of insurance, security questionnaires, compliance attestations, financial information, data-processing terms, and other required documentation.
  • Maintain accurate vendor profiles, ownership records, risk classifications, documentation, approval status, and renewal dates.
• Vendor Evaluation and Selection:
  • Coordinate vendor evaluations for various services including data center hardware and cloud services.
  • Develop and apply consistent evaluation criteria covering technical fit, security, compliance, financial stability, and more.
  • Support requests for information, proposals, demonstrations, and commercial evaluations.
  • Prepare comparative analyses and recommendations documenting vendor strengths, weaknesses, risks, and costs.
• Contract Review, Renewal, and Commercial Analysis:
  • Manage the vendor renewal calendar and begin renewal planning early.
  • Review contracts, statements of work, pricing schedules, and service-level agreements.
  • Compare renewal proposals against prior-year agreements and market benchmarks.
  • Identify unfavorable pricing changes and contractual terms requiring clarification.
  • Prepare concise renewal recommendations and financial impact summaries.
• Vendor Relationship and Performance Management:
  • Build and maintain effective vendor relationships throughout the vendor lifecycle.
  • Plan and lead vendor meetings and operational reviews.
  • Establish agendas, document decisions and action items, and track commitments.
  • Maintain vendor scorecards and monitor service-level performance.
  • Coordinate escalations for service failures and unresolved incidents.
• FinOps and Financial Optimization:
  • Partner with Finance and technology owners to improve financial management of vendor relationships.
  • Analyze spend, usage, and pricing trends to identify savings opportunities.
  • Support budgeting, forecasting, and variance analysis for assigned vendors.
  • Develop financial analyses for vendor selections and renewals.
  • Recommend opportunities to optimize licensing and align costs with business value.
• Governance, Reporting, and Cross-Functional Coordination:
  • Serve as a central point of coordination among vendors and internal teams.
  • Maintain contract repositories and vendor records.
  • Develop dashboards and reporting for vendor performance and spend.
  • Support audits and compliance reviews.
  • Participate in cross-functional teams and perform related activities as assigned.

Qualifications

• Bachelor's degree in business administration, finance, supply chain management, information technology, economics, or a related field.
• 4+ years of experience in vendor management, procurement, or a related discipline.
• Experience managing vendors that provide data center infrastructure, cloud services, or cybersecurity products.
• Demonstrated experience with vendor onboarding and contract renewals.
• Strong financial and analytical skills, including spend analysis and budgeting.
• Excellent communication, negotiation, and stakeholder-management skills.
• Advanced proficiency with spreadsheets and procurement systems.

Requirements

• Ability to review commercial contracts and vendor proposals.
• Experience comparing vendor proposals against prior agreements and market alternatives.
• Ability to manage multiple vendor engagements and maintain confidentiality.

Preferred Qualifications

• Experience with NetSuite or comparable procurement platforms.
• Knowledge of FinOps principles and technology procurement best practices.
• Experience developing vendor scorecards and executive business reviews.
• Relevant certification such as FinOps Certified Practitioner or PMP.