Business Wire

Procurement Manager

Business Wire

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $120,000 - $130,000 per year

Tech Stack

About the role

  • Establish Procurement roadmap (policy, process, tooling, and analytics); manage change across stakeholders.
  • Manage team members; set standards for documentation, quality, and cycle time.
  • Own the annual procurement budget and quarterly forecast for assigned categories; build scenario plans, and sensitivities (e.g., headcount-driven demand, price escalators, consumption growth).
  • Maintain a Risks & Opportunities log (vendor price increases, usage variability, consolidation opportunities, term optimization, license rationalization, cloud commit utilization, contract indexation).
  • Produce executive budget review packs: variance analyses, assumptions, YOY bridges, run‑rate vs project spend, savings/cost‑avoidance pipeline, renewal funnel (90/60/30), and mitigation plans.
  • Build SOPs, playbooks, templates, and SLAs for procurement support across the org.
  • Partner with Finance/AP to improve cycle times and compliance.
  • Ensure policy adherence, audit readiness (e.g., SOC2), and complete documentation of approvals and decisions.
  • Lead complex RFPs/RFQs/RFIs and competitive events; use quantitative/qualitative analysis to select suppliers.
  • Drive total cost of ownership improvements: pricing models, discounting, bundling, volume breaks, early payment terms, service credits, and exit/renewal protections.
  • Negotiate commercial and contractual terms (caps, SLAs/SLGs, data/security terms, usage terms, termination rights) to protect the company over multi‑year horizons.
  • Partner with IT on entitlement reviews, license optimization, and value assurance for IT systems.
  • Generate purchase orders and obtain approvals from relevant stakeholders
  • Track and monitor the status of orders, deliveries, invoices, and payments
  • Coordinate with Legal and Information Security teams on reviewing and drafting new agreements/contracts with suppliers and vendors
  • Administer and maintain the expense-reporting platform and ensure compliance with company policies and procedures
  • Administer and maintain the travel platform and assist employees with booking travel arrangements
  • Coordinate with Service Desk on shipping and receiving of goods and equipment as needed
  • Provide reporting and analysis of Procurement data as requested by management
  • Perform other duties as required or assigned by management
  • Support key initiatives as defined by management

Requirements

  • Bachelor’s degree in business, finance, supply chain management, or a related field or equivalent professional experience.
  • 6+ years of procurement, sourcing, purchasing, or vendor management experience; must include experience with IT/SaaS procurement.
  • Demonstrated experience owning annual budgets and quarterly forecasts, including variance analysis, scenario modeling, and risk & opportunity assessment.
  • Proven ability to run complex RFPs/RFQs/RFIs, perform supplier evaluations, and lead competitive sourcing strategies.
  • Strong commercial contracting skills, including negotiation of pricing, SLAs, security terms, data protection language, usage models, and multi‑year agreements.
  • Solid understanding of TCO (Total Cost of Ownership), cost modeling, and financial analysis.
  • Experience working cross‑functionally with Finance, Legal, IT, Security, and business stakeholders.
  • Excellent analytical and problem‑solving skills, with proficiency in Excel or Sheets (pivot tables, VLOOKUP/XLOOKUP, modeling).
  • Strong organizational skills and meticulous attention to detail in documentation, process execution, and record keeping.
  • Ability to operate as a hands-on manager, balancing strategic work with tactical execution.
  • Effective communication and executive‑ready presentation skills.
  • Ability to manage multiple priorities, deadlines, and stakeholders with minimal oversight.
  • Experience ensuring policy compliance, audit readiness (e.g., SOC 2), and proper procurement documentation.
Benefits
  • Ability to work remotely
  • Excellent health benefits that begin on your first day of employment
  • $100 monthly fitness allotment, a tuition reimbursement program, and enhanced mental health resources
  • 401(k) plan with generous company match, and annual profit sharing contribution (subject to company performance)
  • PTO, Floating Holidays, Wellness Day Off, Birthday Day Off, and more!
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
procurementsourcingvendor managementbudget managementvariance analysisscenario modelingRFPsRFQsRFIsfinancial analysis
Soft Skills
analytical skillsproblem-solving skillsorganizational skillsattention to detailcommunication skillspresentation skillstime managementstakeholder managementchange managementteam leadership
Certifications
Bachelor's degreeSOC 2 compliance