Procurement Director

2 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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