Strategic Resource Allocation Specialist

5 Months ago • 1-3 Years

Job Summary

Job Description

This remote role requires an experienced Strategic Resource Allocation Specialist to optimize workforce utilization, manage the bench effectively, and strategically allocate resources to projects. Collaborating with Project Managers, HR, and Leadership, the ideal candidate will maximize productivity, reduce bench costs, and foster a high-performance culture. Responsibilities include bench management (monitoring employee skills, developing strategies to minimize bench time, planning cross-training), strategic resource allocation (forecasting requirements, prioritizing high-performers, identifying transfer opportunities), performance monitoring and management (implementing PIPs, recommending terminations, developing retention plans), cost optimization (analyzing and reducing bench costs, aligning workforce planning with budgets), collaboration (acting as a central point of contact between teams), forecasting and reporting (providing regular reports and using forecasting tools), and tool and process optimization (utilizing workforce management tools and recommending improvements).
Must have:
  • Bench management and optimization
  • Strategic resource allocation
  • Performance monitoring & management
  • Cost optimization & analysis
  • Cross-functional collaboration
  • Data analysis & reporting
  • Workforce management tools proficiency

Job Details

This is a remote position.

We are looking for an experienced and strategic Resource Manager to optimize our workforce utilization, manage the bench effectively, and ensure the strategic allocation of resources to projects. The ideal candidate will work closely with Project Managers, HR, and Leadership to maximize productivity, reduce bench costs, and foster a high-performance culture.

Responsibilities:

  1.  Bench Management:

  •  Continuously monitor and maintain an updated record of employees on the bench, including their skills, experience, and availability.

  •  Develop strategies to minimize bench time by proactively identifying opportunities for allocation.

  •  Plan for cross-training and skill development for underutilized resources.

  2.  Strategic Resource Allocation:

  •  Collaborate with Project Managers and Delivery Heads to forecast resource requirements and allocate resources effectively.

  •  Prioritize high-performing employees (based on KPIs) for critical and high-value projects.

  •  Identify opportunities for internal transfers or redeployment based on project pipeline and skills match.

  3.  Performance Monitoring and Management:

  •  Identify low-performing individuals on the bench and work with HR to implement Performance Improvement Plans (PIPs).

  •  Provide recommendations for terminations based on consistent underperformance or lack of alignment with organizational needs.

  •  Develop plans to retain high-potential resources through meaningful engagements.

  4.  Cost Optimization:

  •  Analyze and reduce bench costs by optimizing resource allocation and improving utilization rates.

  •  Implement data-driven insights to align workforce planning with budget constraints.

  5.  Collaboration:

  •  Act as the central point of contact between delivery teams, sales, and HR for resource allocation decisions.

  •  Partner with HR to define upskilling programs for bench employees and identify key learning gaps.

  •  Support leadership with workforce planning reports and analytics to aid strategic decision-making.

  6.  Forecasting and Reporting:

  •  Provide regular reports on resource allocation, bench strength, utilization, and associated costs.

  •  Use forecasting tools to anticipate future bench challenges and align resource supply with demand.

  7.  Tool and Process Optimization:

  •  Utilize workforce management tools (e.g., Hub Planner, Float, or Mavenlink) to track and plan resources.

  •  Recommend process improvements and tools to streamline resource allocation and bench management.

Skills:

  •  Strong analytical and problem-solving skills to manage complex resource allocation scenarios.

  •  Proficiency in workforce management tools, data analysis, and Excel.

  •  Excellent communication and interpersonal skills to collaborate with cross-functional teams.

  •  Ability to manage sensitive situations (e.g., PIPs, terminations) with professionalism and empathy.





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