Location
Secunderabad | India
Job description
About Us
HighRadius, a renowned provider of cloud-based Autonomous Software for the Office of the CFO, has transformed critical financial processes for over 800+ leading companies worldwide. Trusted by prestigious organizations like 3M, Unilever, Anheuser-Busch InBev, Sanofi, Kellogg Company, Danone, Hershey's, and many others, HighRadius optimizes order-to-cash, treasury, and record-to-report processes, earning us back-to-back recognition in Gartner's Magic Quadrant and a prestigious spot in Forbes Cloud 100 List for three consecutive years.
With a remarkable valuation of $3.1B and an impressive annual recurring revenue exceeding $100M, we experience a robust year-over-year growth of 24%. With a global presence spanning 8+ locations and a recent addition in Poland, we're in the pre-IPO stage, poised for rapid growth. We invite passionate and diverse individuals to join us on this exciting path to becoming a publicly traded company and shape our promising future.
POSITION SUMMARY
The Procurement Manager will be responsible for management of all aspects within the non-IT spend category.A key part of the role includes developing and maintaining successful relationships withsuppliers, peers, and internal business partners.
ROLES AND RESPONSIBILITIES
Essential Functions:
- Manage end to end commercial and procurement aspects within all non-IT categories like Admin, Merchandise, Corporate Events etc.
- Ensure proper spend categorization.
- Lead and execute end to end strategic/tactical projects, apply proper sourcingapproach (single/sole sourcing/ competitive bidding) depending on scope & businessrequirements, draft detailed statement of work (SOW) covering performancemeasures- KPIs/ metrics, SLAs, acceptance criteria, commercials, risk/rewardprovisions etc.
- Manage senior stakeholders and establish relationships.
- Advise internal business partners on end-to-end procurement process, policies,templates, RACI, deal risks, and possible risk mitigation steps as part of procurementprocess or contracting. Articulate pros and cons of, and requirements for variouscommercial & engagement model options (e.g. managed capacity, managedoutcome, managed services, gain-share etc.) for a particular deal.
- Ensure full Procure-to-Contract compliance with all applicable sourcing processes,policies, etc.
- Independently execute RFP / RFQ processes for assigned categories includingContract negotiation, Vendor Selection, Contract Awarding.
- Define and implement plans in line with category strategy, decision trees, play book.Leverage appropriate procurement/ sourcing tools.
- Consolidate supplier base and pursue, where relevant, alternative sources ensuringuninterrupted supply of services, delivered in a cost effective and quality manner.
- Conduct periodic market research for assigned category, incl. monitoring of markettrends and supply/demand factors, legal dictates to help in the decision makingprocess to meet the strategic goals of the organization. Answer contract commercial/ rate card / legal / business term inquiries on existing contracts.
- Establish regular communications with the key internal business partners, to ensureagreement and adoption of category strategies, on-going review of activitiesundertaken and maintenance of strong client service. Lead proactive ContractRenewal/ Expiry reviews, and re-source or amend per internal strategy.
- Accurate and continuous collection and reporting of projects managed, contractsconcluded and their associated expenditure and financial impacts
REQUIREMENTS
- Minimum 8 to 10 years of experience in sourcing or procurement.
- Understanding of how to analyse a category cost structure.
- Strong negotiation and influencing skills, at same and higher level of organization.
- Experience or good understanding of electronic procurement/ sourcing tools (Ariba,Ivalua, PeopleSoft, etc.).
- Strong understanding of end-to-end Source/ Procure-to-Pay processes and tools.
- Experience working within a very strong compliance and regulatory culture, drivingpolicies and procedures, both internally and externally.
- Strong risk and control culture and an understanding of Supplier Screening programswith the ability to evaluate and mitigate any associated potential business risk.
- Strong presentation skills, including experience using Excel pivot tables andPowerPoint to support analytical techniques and presentation of data.
- Ability to extract detailed procurement requirements from internal businessstakeholders, and to translate business requirements into contract language.
- Ability to proactively identify material, unmitigated business or contract risks on aparticular deal, to articulate effectively to stakeholders, and to find appropriatesolutions.
- Tenacious and resilient approach. Skilled in building relationships confident, firm,empowering and positive in his/her attitude towards people and of personal statureand reputation to ensure ready acceptance within the company and to create afavorable representation of the company department internally and to externalparties.
- Collaborative style, including experience navigating through matrix organizationalresponsibilities, organizational change, and working across all global regions, globaltime zones and teams to elicit successful and collaborative approaches and solutions.
- Proactive, hands-on approach and strong organizational skills with capability tomanage an increasing book of work over time and the ability to juggle multiplepriorities and types of work.
- Excellent English communication skills (verbal & written, incl. contracting) required.
What You'll Get
- Competitive salary.
- Fun-filled work culture (
- Equal employment opportunities.
- Opportunity to build with a pre-IPO Global SaaS Centaur.
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