Global Procurement Lead

  • Full-time

Company Description

We believe everyone should be able to participate and thrive in the economy. So we’re building tools that make commerce easier and more accessible to all. We started with a little white credit card reader but haven’t stopped there. Our new reader helps our sellers accept chip cards and NFC payments, and our Cash app lets people pay each other back instantly. We’re empowering the independent electrician to send invoices, setting up the favorite food truck with a delivery option, helping the ice cream shop pay its employees, and giving the burgeoning coffee chain capital for a second, third, and fourth location. Let’s shorten the distance between having an idea and making a living from it. We’re here to help sellers of all sizes start, run, and grow their business—and helping them grow their business is good business for everyone.

Job Description

Square has an exciting career opportunity for a Global Procurement Lead based in San Francisco that will be responsible for the supply of products and services essential to Square’s global operations. The position will manage our global supply chain and is an opportunity for a highly motivated individual with a demonstrated background in procurement and supplier management capable of both hands-on individual contribution and strong leadership in a dynamic fast paced environment. The role will focus on driving efficiency through system optimization, spend aggregation, supplier consolidation and driving incremental value to reduce total cost of ownership so Square can better invest in its growth and people.

The individual must demonstrate highly effective collaboration internally and externally, have a passionate focus on success, commitment to continuous improvement and a relentless drive to win. The role will proactively develop, maintain and execute plans for our supplier portfolio and in collaboration with our business partners be primarily responsible for managing the ‘cradle to grave’ vendor management lifecycle. Key responsibilities will include partnering with business partners to select third party service providers, vendor due diligence, conduct risk assessments, successfully negotiate business contracts and SLAs, leverage vendor relationships, report exceptions and oversee ongoing vendor monitoring. The successful candidate must have strong analytical and communication skills and a proven ability to build relationships with senior level stakeholders across the organization to ensure overall alignment of objectives and priorities. The position will report to the Chief Accounting Officer.


The primary responsibilities include:

  • Development of an organizational global procurement strategy and planning process

  • Creation of a procurement policy to establish a preferred vendor list that addresses financial viability, compliance with company policies and procedures, industry regulations and business continuity plans

  • Initiation and execution of a strategic supplier rationalization plan to optimize existing vendors to deliver cost reduction, supply assurance, quality improvement, innovation and increased vendor utility

  • Review existing contracts and understand business requirements; formulate guidelines and design standard vendor contract protocols

  • Establishing vendor life-cycle strategy to oversee planning, sourcing and selection of new vendors, manage data for vendor performance and manage vendor off-boarding and transition

  • Identifying risks associated with key vendors and manage and monitor supplier performance against negotiated SLA and MSA terms

  • Requesting and/or assisting in the development of corrective action plans to address non-compliance by key vendors

  • Creation, maintenance and development of relationships within the vendor community

  • Establishing and maintaining effective partnerships with key stakeholders aimed at identifying, understanding and fulfilling their requirements

  • Proactively collaborating with business partners and stakeholders to lead contract negotiation with suppliers; develop negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify key benchmarks to measure contractual arrangements

  • Ensure streamlined buying process via pcard and catalog strategies; programs will drive rationalization and optimization  of repeat purchases and tail spend

  • Development of financial analytics to support commercial term negotiations with performance dashboards and ROI based evaluation tools

  • Identification and realization of cost-saving and cost-reduction opportunities and build a culture of long-term savings on procurement costs without compromising supply assurance or quality

  • Creation and presentation of financial analysis to include total costs, business case development, cost modeling, cash flow analysis and impact to annual operating plans

  • Oversight of the daily operations of the Global Procurement function and serve as a hands-on leader that understands and performs the daily tactical and strategic functions as necessary

  • Driving continuous improvement in procure to pay processes and development of requisite process improvement activities in sourcing and vendor management expertise across the Company

  • Creation and maintenance of the appropriate workplace culture to demonstrate effective people leadership, setting clear performance standards, delivering feedback and coaching team members

  • Direct and oversee sourcing and procurement professionals, including training, mentoring and ensuring professional development

  • Maintenance of a global procurement training program for both internal customers and vendors

  • Continually exploring new technologies to optimize performance, efficiency, and transparency to stakeholders

  • Supporting internal and external audit, SOX compliance and due diligence requests as necessary

  • Supporting other ad hoc projects as needed

Qualifications

  • 10+ years of strategic sourcing, procurement or vendor management experience; in a high growth technology environment preferred

  • 3+ years in head-of-function leadership capacity with the proven ability to hire, develop and mentor staff members

  • Must be comfortable building an organization and department in its entirety

  • Strong management skills, including communicating, directing, planning, organizing and problem solving

  • Exceptional negotiating skills, along with a strong presence and ability to influence others, including senior leadership

  • Strong communication and project management to demonstrate project status, key actions, risks and opportunities

  • Self-directed, able to work independently, as well as work in a team-orientated and fast paced environment

  • Nimble with ability to take decisive action to address business needs that meet corporate business objectives

  • Superior interpersonal and presentation skills with proven track record of success in prior roles

  • Demonstrated quantitative and analytical skills to problem solving with a focus on managing within a team environment with strong attention to detail and sense of urgency

  • Proactively work to resolve performance issues with assigned suppliers to ensure effective and timely resolution

  • Ability to successfully leverage technology and financial systems to extract and analyze data

  • Bachelor’s degree from an accredited top tier university preferably in Procurement, Supply Chain Management, Business Administration, Commerce, Economics or related field. MBA/advanced technical degree preferred

Additional Information

At Square, we value diversity and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

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