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Procurement Lead

Palo Alto, CA, US

Onsite
Full-time
2 days ago
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Summary

Location: Palo Alto (onsite) _ Who you are: We are seeking a strategic Procurement Lead here at X. This high-impact role will be responsible for driving the company's procurement and sourcing initiatives, lead contract and deal negotiations, and establish a clear and efficient process for the business to operate with financial rigor while making smart and impactful decisions. The ideal candidate will have a strong background in procurement and finance operations, and be able to confidently negotiate a wide array of deals and contracts. It will report to the CFO, work in tandem with the FP&A team and be a key lead on the team and provide mentorship to other members on the team. It will require a sharp and creative mind to find opportunities for better rates, cost savings, and renegotiations, all while maintaining strong relationships with our vendors and external partners. What you'll do: * Manage the Procurement function and provide leadership and mentorship to the team. * Lead the Procurement and Purchasing processes globally and find improvements and efficiencies * Devise strategy for longer term impact of sourcing on the company, including identifying tech stack improvements and cost savings opportunities * Ensure X's purchasing systems operate reliably and correctly on a daily basis, including oversight/trouble-shooting of issues, identification and remediation of failures, and ensuring adequate testing * Lead the assessment of vendors and providers to ensure X is working with strong partners, and getting competitive rates. * Work closely with our legal team on contract terms, privacy and security requirements, and verbiage. * Provide regular and concise updates to CFO and leadership staff on deal status, progress, and savings. Requirements * BS/BA or equivalent in business or related field, MBA and/or professional certification a plus. * 7-10 years experience managing procurement processes and systems at an expert level * Excellent negotiations skills and ability to optimize for outcomes as well as come up with creative solutions * Excellent people management skills. Deep knowledge of the entire procure-to-pay process, including workflows and fiduciary requirements. * Experience deploying and managing procurement systems projects, preferably including supplier catalogs. * Experience in running a team. * Excellent verbal and written communication skills. Very detail-oriented. Very organized. * Excellent PC skills (including Excel, Microsoft Project, Power Point, etc.). * Ability to thrive in a fast-paced, startup environment.

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