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Director, Procurement

Flywire
United Statesfull_timeVerifiedPosted 12 Dec 2024
💰 $191,000/yr($134,000/yr – $191,000/yr)

About the role

Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.

Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,300+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

Job Description

The Opportunity:

Flywire is seeking a Director of Procurement to lead and evolve our procurement function globally. Reporting to the Vice President of Treasury, Credit Risk & Procurement, this role will spearhead the development and execution of procurement strategies, focusing on optimizing vendor relationships, driving cost efficiencies, and enhancing procurement operations.

The ideal candidate is a results-oriented leader with deep expertise in global procurement practices, strategic sourcing, and supplier relationship management. Proven expertise in leading and driving transformational initiatives within procurement functions, particularly in globally scaled and complex organizations, is essential. . This role requires a strategic thinker who can thrive in a fast-paced, growth-focused environment while delivering measurable business value.

Key Responsibilities:

  • Procurement Strategy:

    • Develop and implement a comprehensive global procurement strategy that aligns with Flywire’s business goals.

    • Leverage data and market insights to identify opportunities for cost savings, process improvements, and risk mitigation.

  • Vendor & Supplier Management:

    • Build and maintain strong relationships with vendors, ensuring favorable terms and adherence to Flywire’s standards.

    • Negotiate complex contracts for a variety of spend categories, including technology, professional services, and indirect procurement.

  • Operational Excellence:

    • Establish and refine procurement processes, policies, and systems to ensure scalability and compliance.

    • Collaborate with Finance, Legal, IT, and other key stakeholders to implement robust procurement systems (e.g., Coupa or equivalent tools).

  • Cost Optimization:

    • Identify and implement cost-reduction initiatives while ensuring quality and service standards.

    • Monitor and manage budget adherence across procurement projects.

  • Leadership & Development:

    • Build and lead a high-performing procurement team, fostering a culture of accountability, innovation, and continuous improvement.

    • Serve as a trusted advisor to Flywire’s leadership team on procurement-related matters.

Qualifications

Here’s What We’re Looking For:

  • Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or related field; MBA or equivalent experience is a plus.

  • Procurement professional certification, such as CPSM, CIPS, CSP or equivalent.

  • 10+ years of progressive experience in procurement, strategic sourcing, and supplier management, preferably in a global organization.

  • Demonstrated success in building and optimizing procurement functions to support high-growth, global businesses.

  • Proven ability to negotiate complex contracts across diverse spend categories.

  • Expertise in procurement systems, tools, and reporting (e.g., Coupa, SAP, Oracle, or similar).

  • Strong analytical skills with the ability to leverage data to drive decisions and optimize procurement strategies.

  • Excellent interpersonal and communication skills, with a track record of influencing stakeholders at all levels.

  • Experience working in SaaS, FinTech, or similar industries.

Additional Information

What We Offer:

  • Competitive compensation, including Restricted

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Company

Flywire

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