Manager, Procurement

Responsibilities

• Procurement Strategy; drive cost savings across the Company through negotiating contracts, consolidation of vendors and process improvements to drive efficiency savings.
• Streamline Vendor Management; review and approve all new vendor requests and manage the full end to end onboarding process, ensuring an efficient and timely process for our stakeholders
• Negotiation of New Contracts; confidently manage relationship with new vendors and negotiate confidently to deliver the best possible terms for the Company
• Monitoring of Third Parties; tracking of all renewals, including negotiating new rates and when necessary, managing all offboarding procedures to protect the firm from any potential risks in business continuity
• Analysis and Reporting; design and implement a range of reporting to track all third party vendors, monitor cost savings, manage risks and ensure all vendor records remain up to date and accurate
• Process Enhancements; participate in new Procure-to-Pay system implementation including opining on best practice workflows and optimization to reduce time to onboard and manage vendors
• Support All Stakeholders; provide hands-on assistance such as running the end to end RFP processes, train all process and system users, and ensure cross-functional management of vendor risk.

Required Qualifications

• Minimum 6 years experience in strategic sourcing, procurement, contract negotiations and third party risk management with demonstrable results to support experience
• Confident negotiation skills with track record of delivering savings and the best possible contract terms for a wide variety of vendors
• Excellent organizational skills, able to run with multiple contracts, negotiations and vendor conversations concurrently
• Experience creating policies and procedures end to end, including the implementation and roll out of new frameworks cross an entire organization
• Comfortable working in a small team and collaborating across Finance, Risk, Legal, Compliance and Security as needed to deliver on company objectives
• Enthusiastic self-starter that can demonstrate a proactive approach to problem solving and independently managing their own workstreams

Pay

The base pay for this role is expected to be between $157,000 - $199,000 USD for a Manager level in the New York City Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications and the level at which the candidate is hired.