Procurement Director

4 weeks ago

Boston, United States SDL Search Partners Full time

About the job Procurement Director - IT Procurement

Procurement Director - IT Procurement

New opening with one of Boston's top Private Equity firms. This role will oversee the Procurement team, and will be responsible for all vendor / relationship management, procurement strategy, and budgeting / financial reporting as it relates to purchasing & procurement.

Compensation: Above market base pay + very strong bonus + profit sharing plan + hybrid work environment + top company + opportunities for growth and professional development + great benefits and perks

Responsibilities: Responsible for management, supervision, mentorship, and development of the Procurement team Develop and drive annual budgetary process for capital and operating expenses; prepare monthly budgeting reports, forecast expense categories and identifies overages in advance Partner with accounts payable and accounts receivable to ensure communication with vendors in a timely manner; address financial issues and inquiries from internal partners and vendors Standardize processes, documentation, reporting among the IT Sourcing organization Handles negotiations and manages all IT contracts; manages vendor relationships including procurement and account management Execute sourcing initiatives and lead RFPs based on identified opportunities Demonstrate knowledge of, and expertise in, various IT and Procurement concepts, practices, procedures, and compliance requirements Responsible for onboarding and diligence for new vendors Perform account reconciliation of vendor statements on periodic basis Ad hoc projects as they arise

Qualifications: 10+ years of Procurement experience, including IT Procurement Bachelor's Degree required with focus in Business Administration, Finance, Accounting, Information Technology or other applicable area MBA is a plus Leadership experience / interest in people management Ability to business-partner cross-functionally, and vertically, including presenting directly to the Executive team Ability to drive process and process-improve Interest in professional development, continuous learning, and growth within the organization

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