Procurement Manager, Meetings & Events

Job Description

Penske Media Corp. (PMC) is hiring a Procurement Manager with experience in the Meetings and Events (M&E) category. We are seeking a candidate with extensive sourcing experience in spend consolidation, cost reduction, contract negotiations, and a deep understanding of Strategic Meeting Management programs. This is a sourcing role and not a planner role, but candidates with either experience are welcome to apply. M&E scope for this role includes 200+ annual events across all of PMC's brands ranging from small, invite-only functions to large events open to the public through ticket sales. This role will handle, negotiate, and consolidate spend areas such as, but not limited to, venue, catering, contractors, A/V, décor/furniture, and other production expenses.

The Procurement Manager, Meetings & Events will report to the AVP of Procurement and will work closely with all of PMC's brands, key stakeholders, and cross-functional teams to ensure the success of overall procurement initiatives and company goals and objectives.

Key Responsibilities:
• Analyze current M&E spend across all brands and develop and execute buying strategies based on the event calendar and locations of the events
• Establish a companywide business plan and deploy standard processes for all brand events
• Develop strategies to consolidate and streamline M&E spend across brands
• Collaborate with stakeholders to identify event requirements, and lead the RFx process to fulfill those needs
• Identify vendors and manage key vendor relationships to ensure they meet the business requirements
• Negotiate pricing and contract terms for optimal savings and terms to the best interest of the company
• Participate in various special projects and perform other procurement duties as assigned

Qualifications:
• 5+ years of experience in Procurement and Strategic Meeting Management
• Certified Meeting Professional preferred
• Experience in M&E spend management with exceptional negotiation skills required
• Proficiency in Microsoft Office products, particularly Excel and Word, required
• Ability to read, comprehend, redline, and negotiate complex vendor agreements required
• Strong analytical skills with ability to manage and interpret complex data required
• Strong ability to communicate and collaborate with business owners, legal, and vendors, with an ability to work independently and as part of a team

As PMC values in-person collaboration and team cohesion, employees work onsite 4 days a week and 1 day remotely with a focus on maintaining a vibrant and inclusive culture.

Typical wage range: $85k - $100k plus annual bonus. Factors that could be used to determine your actual salary may include your specific skills, years of experience and comparison to current employees already in this role. The typical candidate is hired below midpoint of the range.

The total compensation package for this position will also include other elements, a full range of medical, financial, and/or other benefits including 401(k) eligibility and paid time off benefits. PMC is committed to the health and wellness of our employees.

As part of our company-wide rollout of PMC's paid healthcare plan, for this role the company pays 100% of the monthly health, dental and vision plan premiums for the employee and their family. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If you have more or less experience than specified on this job posting, please apply and list your salary expectations.

If hired, employee will be in an ''at-will position'' and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors).

Jobcode: Reference SBJ-gqw45z-35-171-164-77-42 in your application.