Senior Procurement Manager



Los Angeles, CA, USA
Posted on Wednesday, June 28, 2023
FloQast is looking for a creative, energetic and collaborative procurement leader to help build out our procurement processes. FloQast procurement partners with internal deal owners to secure all goods and services needed by FloQast. We apply policies that help mitigate risk while allowing for maximum value in our deals. From getting large projects approved and negotiating contracts, to tracking orders and payments, the procurement team helps internal deal owners navigate the journey.
As a Senior Procurement Manager for FloQast, reporting into the Controller, you will be asked to partner with internal stakeholders to research and buy software and products to meet our daily operational needs. This position will have responsibility ranging from daily tactical execution to supporting numerous strategic initiatives relative to vendor management, cost savings and process enhancements. Position will interact heavily with all departments across the company, especially compliance, legal, security and finance. With a strong background in purchasing and supply chain management, this role will help lead the company forward by making suggestions to the procurement process, finding/validating/securing suppliers while ensuring cost, quality, and delivery on all purchased materials. This role will also consider usage of vendors across departments to support cost savings initiatives such as reduction in software redundancies and efficiencies in software/systems. We are looking for an astute, analytical, relationship builder who is an experienced negotiator and dealmaker.
*Visa sponsorship is NOT available at this time
**The ideal candidate for this role will be located in the Los Angeles or San Jose metro area.

Develop Procurement Strategies

  • Analyze the organization's procurement needs and establish strategies aligned with business objectives
  • Conduct market research to identify potential suppliers and evaluate their capabilities, pricing, and quality
  • Collaborate with cross-functional teams to determine procurement requirements and specifications

Supplier Management and Negotiations

  • Identify and qualify potential suppliers based on their ability to meet quality, cost, and delivery requirements
  • Conduct supplier evaluations, including performance reviews and audits, to ensure compliance with contractual obligations
  • Negotiate contracts, terms, and conditions, and secure favorable pricing and service agreements
  • Develop and maintain strong relationships with suppliers to optimize service levels and resolve any issues that may arise

Procurement Process Optimization

  • Streamline procurement processes, identify areas for improvement, and implement best practices
  • Develop and maintain procurement policies and procedures to ensure compliance with regulations and organizational standards
  • Monitor procurement activities, analyze data, and generate reports to track performance metrics, cost savings, and supplier performance

Purchase Order Management

  • Prepare and process purchase orders based on approved requisitions, ensuring accuracy and compliance with policies
  • Coordinate with internal stakeholders to confirm delivery schedules and resolve any discrepancies or issues
  • Monitor and track order status, manage changes or cancellations, and expedite orders when necessary

Risk Management

  • Identify potential risks in the procurement process and develop mitigation strategies
  • Stay updated on market trends, industry regulations, and supplier performance to proactively manage risks and anticipate changes
  • Any other tasks that may be assigned to help the company meet its goals

What You'll Bring:

  • 10+ years of proven experience in a similar role
  • 4+ years of experience owning a Procurement department and its functions
  • Proficient in using Coupa
  • Bachelor's degree in Business or related field preferred
  • Solid knowledge of procurement principles, best practices, negotiation and industry trends
  • Experience with cloud service/SaaS agreements, and software licenses
  • Experience running competitive RFP and/or bid processes
  • Demonstrate ability to drive efficiency and think strategically with contract management systems and/or workflows
  • Attention to detail and strong organizational skills to manage multiple procurement projects simultaneously in a fast paced entrepreneurial environment
  • Ability to work independently and as part of a team, with a proactive and customer-oriented mindset in a remote work environment
  • Strong analytical and problem-solving skills, with the ability to make data-driven decisions
  • Have a solution-oriented approach with a focus on practical risk assessment
  • High level of organization, detail orientation and ability to time-manage across multiple deadlines in an entrepreneurial, fast paced environment
  • Excellent negotiation and communication skills, with the ability to build and maintain relationships with suppliers and internal stakeholders
The base pay range for this position is $130,000 - $160,000. Compensation is not limited to base salary. FloQast values our Total Rewards, and offers a competitive and elaborate Benefits Package including, but not limited to, Medical, Dental, Vision, Family Forming benefits, Life & Disability Insurance, Unlimited Vacation, and participation in our Employee Stock Program. FloQast reserves the right to amend, change, alter, and revise pay ranges and benefits offerings at any time. All applicants acknowledge that by applying to this position you understand that this specific pay range is contingent upon meeting the qualifications and requirements of the role, and for the successful completion of the interview selection and process. It is at the Company's discretion to determine what pay is provided to a candidate within the range associated with the role.
About FloQast
FloQast is the leader in accounting workflow automation created by accountants for accountants. By automating and modernizing everyday accounting workflows, FloQast enables accountants to work better together and perform their tasks with greater efficiency and accuracy. The cloud-based, AI-enhanced software is trusted by more than 2,500 accounting teams, including those at Snowflake, Kodiak, Instacart, Zoom, and The Golden State Warriors - and still growing! We aspire to forever elevate accounting and improve both the practice and perceptions of the profession.
Our values serve as a compass that guides our decisions and are considered non-negotiable, especially when it comes to hiring. Together with our employees, partners, and customers, we live these values every day.
Unwaveringly Authentic
Ambitious with Integrity
Empowered to Grow
Committed to Collaboration
Customer Obsessed in All Ways
Here’s Why You Should Apply:
Amazing Benefits - FloQast pays 100% of the premium for employees and families for most Medical, Dental, & Vision plans.
Competitive Compensation & Stock Options
FloQast is regularly rated as a Best Place to Work!
- Inc. Magazine’s Best Workplaces in 2023, 2022, and 2021
- Best Places to Work by LA Business Journal since 2017 (that’s 6 years!)
- Built In’s ​​Best Place to Work in Los Angeles 4 years in a row!
Professional Growth & Community - We believe community extends through and beyond the office. We have Employee Resource Groups, community volunteer opportunities, social events, DEI initiatives, and reimbursements for professional development relevant to your role.
Work-Life Balance - We have unlimited PTO along with a generous parental leave policy. To top it off, we have Mental Health Days, where the company closes to allow employees to unplug, relax, and recharge (we know Zoom fatigue is a real thing!)
Employee Choice Policy - Employees can work from home and also have the option to work in a FloQast office or maintain a hybrid work schedule.
Our customers love us! See for yourself on G2 Crowd.
FloQast, Inc is committed to operating fair and unbiased recruitment procedures allowing all applicants an equal opportunity for employment, free from discrimination on the basis of religion, race, sex, age, sexual orientation, disability, color, ethnic or national origin, or any other classification as may be protected by applicable law. We aim to recruit the right people for the jobs we have to offer, and to assess applications on the basis of relevant skills, education, and experience. We welcome people of different backgrounds, experiences, abilities, and perspectives. We are an equal opportunity employer and strive to provide a professional and welcoming workplace for all employees.