Sr. Manager, Procurement

Sr. Manager, Procurement

Whether you're an experienced professional or just getting started, your contributions matter at Fortra. If you're passionate about tackling meaningful challenges alongside talented team members committed to helping each other succeed, all while having lots of fun, we want to hear from you. We offer competitive benefits and salaries, personal and professional development opportunities, flexibility, and much more!

While our company operates remotely, our current hiring strategy is focused on building talent communities in Atlanta, Dallas, Phoenix, Salt Lake City, Eden Prairie, and the New YorkNew JerseyConnecticut tri-state area.

As the Sr. Manager, Procurement you will be responsible for overseeing all aspects of procurement for all global locations. This includes driving strategy, working with the executive leadership team, overseeing successful execution, building a team, team development and management, operations, and key initiatives.

What You'll Do

• Collaborating with Finance Leaders and team to establish a global procurement strategy, processes, and procedures
• Partnering with finance to achieve short- and long-term goals for streamlining and rationalizing vendor base
• Working with acquired teams to integrate their procurement strategy, processes, and procedures
• Assisting with establishing vendor management playbook overseeing successful execution of the playbook
• Collaborating cross functionally with Legal and Security teams to ensure strong controls and governance over vendor contract management
• Establishing and maintaining strong vendor relationships
• Supporting the business with request for proposal process as needed
• Managing a procurement team responsible for:
• Determining key vendors and ensuring universal/centralized management
• Working closely with legal department to develop and execute a strategy to streamline vendor selection, contract evaluation, and negotiation process
• Partnering with finance team, M&A team and functional leaders to review post-acquisition expenses mapping a plan for cost reductions and movement to standard vendors
• Working with finance organization to align procurement strategy and process with purchasing and budget control procedures (e.g., spending authorities, approval processes and limits, PO requirements, etc.)
• Recommending, selecting, and implementing tools to improve operational efficiency (such as a vendor management system)
• Managing new spend and upcoming contract end dates in a robust contract management cycle that is aligned with approved budgets
• Developing positive and productive relationships with suppliers while keeping healthy competition in our supply base
• Reviewing and approving change management on purchase orders (i.e., increases/decreases)
• Assisting in reconciling complex invoices to purchase orders, to enable vendor payment
• Assisting in developing and training on procurement policies and procedures to ensure consistency throughout the organization
• Partnering within Finance to provide accurate and timely vendor and third-party spending data
• Monitoring supplier performance and communicating issues, as well as working with internal customers in various parts of the organization and external customers to ensure that contract needs are met, and issues are resolved.
• Drive system implementation and enterprise-wide adoption and optimization
• Managing team performance and productivity, coaching team members to be successful
• Collaborating with People Experience team to ensure career paths and development opportunities for all employees

Qualifications

• Bachelor's degree or equivalent experience required. Professional credentials preferred such as RPA/FMA, CFM.
• Strong professional experience in Procurement, contract review and vendor management; ideally in a technology company.
• Strong understanding of financial reports, including variance of actual vs. budget numbers

Location

• Minneapolis, MN (Eden Prairie) Nice to have. Not required.

Compensation: 130,000 USD - 170,000 USD

Ready to join us?

At Fortra, our compensation philosophy prioritizes fair market value and internal equity, aligning with your experience and specialized skill set.

As a full-time, exempt employee at Fortra, you'll enjoy a comprehensive benefits package that includes:

• Health, dental, and vision coverage as of hire
• Immediate enrollment in 401(k), HSA, and FSA plans
• Flexible PTO policy
• Tuition and personal enrichment reimbursement
• Option to enroll in ID Theft Protection Program

At Fortra, work is only part of the story. Explore what Life at Fortra is all about, from perks that support holistic wellbeing to a culture that keeps you connected and empowered to make an impact beyond the job.