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    Strategic Sourcing Manager - Chicago, United States - Stripe

    Stripe
    Stripe Chicago, United States

    1 week ago

    Default job background
    Full time
    Description
    Stripe is a financial infrastructure platform for businesses.

    Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities.

    Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead.

    That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

    About the team

    About Finance Operations
    The Finance Operations (FinOps) team provides and enhances core business services that are the backbone for Stripe.

    FinOps uses data and operational excellence to deliver technology solutions, procurement, billing and payroll services, strategic sourcing, and supplier relationship management to Stripe.

    About Strategic Sourcing

    Stripe is building a world class Strategic Sourcing & Category Management team that strives to maximize value for the organization through supply optimization strategies, supplier negotiations, ensuring appropriate service level agreement terms, and holding suppliers accountable for meeting business requirements.

    We're looking for a Strategic Sourcing Manager to join our Procurement team and help us drive organizational transformation.
    What you'll do


    We are looking for an experienced Sourcing professional to focus on establishing trusted business partner relationships across Stripe with a "users first" approach to ensure early and active participation across the full lifecycle of strategic sourcing and procurement, including: category planning, sourcing strategies, RFx execution, supplier evaluation and selection, contract negotiations and management, and continuous improvements.

    You will play a critical role in ensuring Stripe's procurement aligns with our operational principles by contributing to our sustainable growth while fostering strong, ethical supplier relationships.

    Responsibilities

    Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies

    Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols

    Conduct market research and analysis to inform category strategies and stay ahead of industry trends

    Be an active champion across the company supporting our third party risk programs and fiscal initiatives when engaging in Procurement activities

    Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved

    Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage

    Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness

    Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals

    Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripes recognize and value

    Who you are

    We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.
    A minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field

    Demonstrated ability to develop and implement strategic sourcing and category management strategies

    Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service

    Strong analytical and problem-solving skills, with the ability to manage and interpret complex data

    Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements

    Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross-functional and internal team members

    Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders

    Demonstrated experience successfully partnering with cross-functional stakeholders

    Preferred qualifications

    Solution-oriented mindset with enthusiasm for establishing best practice

    Self-disciplined, diligent, proactive and detail oriented

    Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment

    Strategic mindset with the ability to make sound business decisions based on data and analytics

    Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)

    Familiarity with the fintech industry and its supply chain and procurement challenges


    This role is available either in an office or a remote location (typically, 35+ miles or 56+ km from a Stripe office).

    Office-assigned Stripes spend at least 50% of the time in a given month in their local office or with users.

    This hits a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility about how to do this in a way that makes sense for individuals and their teams.

    A remote location, in most cases, is defined as being 35 miles (56 kilometers) or more from one of our offices.

    While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office.

    Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently or plan to live.
    The annual US base salary range for this role is $144,200 - $216,300.

    For sales roles, the range provided is the role's On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role.

    This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate's experience, qualifications, and location.

    Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.

    Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.

    At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description.

    Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns.

    At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us.

    #J-18808-Ljbffr
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