Job Details
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