Procurement Manager

Billtrust

(Hamilton Township, New Jersey)
Full Time
Job Posting Details
About Billtrust
Billtrust™ is the inventor of payment cycle management. Billtrust’s Quantum Payment Cycle Management solution accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution.
Summary
As the Procurement Manager, you will be responsible for managing all vendor relations and contracts for corporate wide initiatives initially with the intent to build an organization that will eventually be able to assume all enterprise contract management responsibilities. You will act as the single point of contact for all procurement activities and vendor contracts as well as work with the A/P department and departments across the company to optimize competitive purchasing within the company’s quality requirements.
Responsibilities
* Provide leadership and oversight for materials, contracted equipment and services. * Conduct and/or oversee RFP processes and contract negotiation for all major materials (paper, envelopes, ink, etc.), services and products, ensuring the highest level of business ethics. * Monitor purchasing contracts to ensure that the company receives all services and products as agreed, including vendor compliance with Service Level Agreements (SLA’s), if applicable. * Develop Vendor Management policies and procedures and ensure compliance. * Interacts with Functional Leaders to proactively identify potential sourcing opportunities. * Build strong relationships with internal stakeholders and suppliers. Together with Functional Leaders, negotiates and finalizes terms and conditions on contracts. * Identify and implement opportunities for cost reductions and efficiencies. * Review new vendor requests prior to engaging services. * Create, and lead the Vendor Management team to be able to provide supplier identification, qualification and quality support. Provide analytical support for complex sourcing activities. * Plan and conduct sourcing events and negotiations. Perform supplier agreement reviews and apply remedies as necessary. * Create a database of vendors relevant to company needs. Provide periodic economic data and forward looking indicators. * Perform Dashboard analysis and presentation of marketing, price, cost and financial analyses using various reports and data, and prepare narrative synopses for management.
Ideal Candidate
* Bachelors degree with 6+ years experience in a Procurement role * 2+ years of management experience * 3+ years of services procurement experience including negotiating contracts, preferably in the FinTech, IT or Software industries * Self-starter, motivated and capable of working with limited direction * Represent the end users interests by being able to identify critical customer requirements and ensuring the procured services or products meet expectations * Must be effective in communicating with all levels of the organization * Computer proficiency in various software; including Excel, PowerPoint, and related * Six Sigma Certification and/or PMP Certification a plus
Compensation and Working Conditions
Benefits Benefits included

Additional Notes on Compensation

Competitive salary, stock options and 401(k) with company match: We appreciate our employees and we make sure they know it. Benefits: We offer each individual employee a healthcare package that is 100% paid for by Billtrust.

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