Manager, Procurement & Strategic Sourcing
Addepar
Who We Are
Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 45 countries, Addepar’s platform aggregates portfolio, market and client data for over $6 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh and Pune.
The Role
We are seeking a dynamic Manager, Procurement & Strategic Sourcing to oversee the day-to-day operations of our procurement function and implement strategic initiatives. Reporting to the Director of Procurement, you will be responsible for developing and executing strategies to drive cost savings, improve supplier performance and ensure the highest quality and return on investment. You will work cross-functionally with various departments to support key vendor relationships and align procurement processes with Addepar's evolving needs.
Addepar takes a market-based approach to pay. A successful candidate’s starting pay will be determined based on the role, job-related skills, experience, qualifications, work location, and market conditions. The range displayed on each job posting reflects the minimum and maximum target base salary for roles in Colorado, California, and New York.
The current range for this role is $106,000 - $165,000 (base salary) + bonus + equity + benefits.
Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Additionally, these ranges reflect the base salary only, and do not include bonus, equity, or benefits.
What You’ll Do
- Drive increased value and efficiency to the company by optimizing the procurement technology stack and improving the procurement process through digitization and automation.
- Act as a trusted advisor to internal business partners to assist in forecasting, demand management, budgeting, requirements development and identification of opportunities.
- Deliver quarterly reports to internal business stakeholders on procurement and sourcing highlights, achievements, and opportunities.
- Perform financial modeling and execution of negotiation strategies for key vendor partnerships and complex multi-year deals.
- Negotiate pricing, service level expectations, performance measures and contractual terms and conditions in coordination with business stakeholders, legal, finance, IT and third party risk.
- Oversee daily procurement activities to ensure efficient and effective processes.
- Manage and mentor a team of two procurement analysts.
Who You Are
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- 5+ years of progressive experience in procurement, financial services and/or technology, including at least 2 years in a managerial or supervisory role.
- Proven experience working with department leaders and legal teams on contract negotiations.
- Strong leadership and team management skills.
- Proficiency in Excel and database management tools.
- Experience with Coupa or similar purchasing system
- Experience in working in SaaS or technology based subsidiary companies and AWS
- Excellent presentation, communication, and analytical skills.
- Ability to collaborate with cross-functional partners and lead transformational initiatives.
- Consultative approach with strong influencing capabilities.
Our Values
- Act Like an Owner - Think and operate with intention, purpose and care. Own outcomes.
- Build Together - Collaborate to unlock the best solutions. Deliver lasting value.
- Champion Our Clients - Exceed client expectations. Our clients’ success is our success.
- Drive Innovation - Be bold and unconstrained in problem solving. Transform the industry.
- Embrace Learning - Engage our community to broaden our perspective. Bring a growth mindset.
In addition to our core values, Addepar is proud to be an equal opportunity employer. We seek to bring together diverse ideas, experiences, skill sets, perspectives, backgrounds and identities to drive innovative solutions. We commit to promoting a welcoming environment where inclusion and belonging are held as a shared responsibility.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
PHISHING SCAM WARNING: Addepar is among several companies recently made aware of a phishing scam involving con artists posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote “interviews,” and making fake job offers in order to collect personal and financial information from unsuspecting individuals. Please be aware that no job offers will be made from Addepar without a formal interview process. Additionally, Addepar will not ask you to purchase equipment or supplies as part of your onboarding process. If you have any questions, please reach out to TAinfo@addepar.com.