Procurement Manager
OnbeAbout the role
Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined — as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe!
Summary: The Procurement Manager will report to the Senior Director, Cash and Treasury and will be responsible to develop and implement cost effective strategies for the sourcing and purchasing of goods and services to support the company’s needs. Duties include, but are not limited to, sourcing essential services and products for the company, developing and issuing requests for proposals (RFPs), evaluating suppliers and comparing costs, negotiating purchase agreements and ensuring compliance with Company policies. This position works very closely with Legal, Vendor Management and all areas of the company and will provide leadership and mentoring for the Senior Specialist Procurement.
This is a hybrid role that will work onsite 2 days per week at our Plano, TX office. Occasional travel may be required as part of this position.
Responsibilities:
- Negotiate goods and services contracts and lead cost reduction initiatives.
- Establish and nurture partnerships with key stakeholders to guarantee the prompt delivery of goods and services. Actively engage with all stakeholders to gain an in-depth understanding of their needs and take proactive action to ensure needs are effectively met.
- Recommend SLAs and assist in monitoring supplier performance and address any issues arising from contracts.
- Identify possible consolidation of suppliers across Onbe to negotiate better pricing and reduce expenses.
- Monitor and approve requisition activity to ensure all requests are handled and processed promptly.
- Leverage sourcing companies to obtain benefits for Onbe.
- Monthly reporting of expected Savings Pipeline and key performance metrics.
- Develop and implement procurement policies, procedures, and best practices to ensure compliance with organizational standards.
- Coordinate the RFP process, including evaluation of proposals and selection of vendors.
- Other duties as assigned.
Qualifications:
- Bachelor’s degree in Supply Chain management, Business Administration, or a related field.
- CIPS Diploma or similar certification.
- 5 years + of proven experience in indirect procurement.
- Experience in procuring Technology services and tools.
- Strong knowledge of procurement best practices, strategic sourcing methodologies, and contract negotiations.
- Excellent logical and problem-solving skills, with the ability to make data-driven decisions and manage complex procurement projects.
- Proficiency in supplier evaluation and selection, contract management, and supplier performance measurement.
- Outstanding communication and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.
- Proactive and results-oriented mindset, with a focus on continuous improvement and driving operational excellence.
The base salary range for this position is between $113,130 to $130,000 with eligibility for an annual bonus. The actual base salary offered depends on a variety of factors, including but not limited to the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, business needs, and market demand. Our competitive benefits include medical, dental, vision, wellness, 401(k) matching, Open PTO, work from anywhere, generous parental leave, and more! Our job titles may span more than one career level. All candidates are encouraged to apply.
At Onbe, a diverse group of people, ideas, and perspectives are key to achieving ph
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