Create a Job Alert.

Enter your email below to save this search and receive job recommendations for similar positions.
Thank you. We'll send jobs matching these to
You already suscribed to this job alert.
0 suggestions are available, use up and down arrow to navigate them
What job do you want?

Director of Procurement and Financial Analysis job in McLean at TEGNA

List of Jobs

Apply to this job.
Think you're the perfect candidate?
Apply Now
Director of Procurement and Financial Analysis at TEGNA

Director of Procurement and Financial Analysis

TEGNA McLean, VA Full Time
Apply Now

Job Summary: The Director of Procurement and Financial Analysis provides strategic and operational leadership for the Sourcing and Procurement and Capital Expenditures matters at TEGNA. This position is responsible for the development and execution of strategic sourcing strategies and effective vendor and supplier negotiations to drive cost savings and maximize value. Serve as a thought leader for the company for the overall procurement process and maintain oversight of the vendor landscape for the entire company. This positional will manage the Capital Expenditure process, working closely with the technology and operational teams to identify needs and appropriate allocate resources. Responsibilities of this function include preparation of the annual budget and long-range road map for capital allocation, and the tracking and reporting of actual Capital Expenditures.

The Director of Procurement and Financial Analysis plays a critical role in the transformation of our business. This includes providing strategic financial analysis with an overall focus on delivering valuable analysis, insights, and reports to executive leadership involved in our efforts to develop new ways to reduce costs, create efficiencies, and invest in the business. This position is responsible for utilizing company and financial knowledge to evaluate business cases.


•  Develop TEGNA’s sourcing strategy for leveraging suppliers of common goods or services for cost, service, and performance enhancements. Facilitate the process from identification, negotiation of commercial terms and awarding of contracts, and vendor onboarding and subsequent diligence review.

•  Manage vendor and third-party relationships and contracts for all functional areas of the company.

•  Develop and maintain relationships with key business leaders to understand and support their vendor needs and Capital requirements. Work with key stakeholders to identify opportunities to leverage purchasing power and gain strategic efficiencies.

•  Establish and enhance contract management policies and procedures. Conduct ongoing review and meetings with stakeholders in advance of expirations or renewals. Drive efficiency through continuous process improvement and creative cost-saving initiatives.

•  Participate in business case reviews, including ROI and other metrics for Sourcing, Capital and other Company matters.

•  Oversee vendor analytics, market analysis, and model potential outcomes to test savings hypotheses and develop recommendations that drive cost savings.

•  Develop and manage requests for information or proposals.

•  Lead the annual Capital budget process, track actual Capital spend and sign-off on Capital reporting. Develop a roadmap for forward looking Capital investments.

•  Partner with Legal on development of standard terms and conditions for vendor agreements, contracts, and other Company matters.

•  Track expense savings achieved through efforts and provide regular updates to senior leadership.

•  Oversee administration and maintenance of contract database (CobbleStone) for corporate and enterprise-wide agreements, procurement tool (Oracle Fusion).

•  Supervise analyst(s) to support business case reviews and sourcing functions.


•  Bachelor’s degree (BA/BS) in Business, Purchasing & Supply Chain Management, Economics, Finance, or other quantitative fields.

•  7-10+ years work experience including 5+ years work experience with consulting, sourcing, or procurement experience preferred.

•  Experience preparing and managing RFP processes and experience negotiating contracts with suppliers for goods and services.

•  Excellent interpersonal skills, organizational skills, analytical ability, and proven ability to work within teams in a decentralized environment.

•  Proficient Microsoft Office skills, including PowerPoint, as well as confidence in using new function specific resources. Excellent data analysis skills, including MS Excel pivot tables and VLOOKUP functions.

•  Ability to effectively interpret and simplify complex financial data and strategies in order to present polished accurate summary information – including data visualization skills.

•  Excellent written and verbal communication skills with ability to manage change.

•  Ability to multi-task and balance long-term and short-term initiatives and projects.

•  Motivated to grow and perform in a high-performance organization.

•  Proven ability to deliver results, including cost savings.

Work Environment: Office

Physical Demands: Light work

Travel: Rarely: less than 10%

Work Environment Set: Office: normally performed in a typical interior/office environment

Physical Demands Set: Light work: Involves sitting most of the time, walking, lifting, bending, standing, etc.









Recommended Skills

  • Administration
  • Analytical
  • Capital Requirements
  • Communication
  • Consulting
  • Contract Negotiation
Get job alerts by email. Sign up now! Join Our Talent Network!

Job Snapshot

Employee Type



McLean, VA

Job Type

Media - Journalism - Newspaper

Date Posted


Job ID

Apply to this job.
Think you're the perfect candidate?
Apply Now