Senior Manager, Procurement

Summary

Join 1Password as a Senior Manager of Procurement and play a key role in developing and executing procurement strategies aligned with company goals. You will manage procurement activities, vendor relationships, and contribute to cost-effective purchasing and compliance. This remote position, available in Canada and the US, requires 7+ years of procurement experience, including team leadership. Proven success in developing and executing long-term strategies is essential, along with strong negotiation and communication skills. You will collaborate with cross-functional teams, optimize procurement processes, and provide leadership to the procurement team. Competitive salary and benefits are offered.

Requirements

• 7+ years of experience in procurement, vendor management, or a related field within a SaaS, technology, or start-up environment
• At least 2-3 years of experience leading or managing a procurement team
• Proven track record in developing and executing long-term procurement strategies
• Excellent organizational skills with demonstrated experience with managing contracts and vendor performance with a high level of accuracy
• Demonstrated expertise in building and optimizing procurement processes, with a focus on SaaS and technology-related procurement
• Strong negotiation and collaboration skills, with the ability to drive consensus and achieve favorable outcomes in vendor relationships
• Proficient in procurement software and tools, with an ability to leverage technology to enhance efficiency and decision-making
• Excellent communication and interpersonal skills, with a proven ability to build and maintain effective relationships with internal stakeholders and external vendors

Responsibilities

• Collaborate with the Sr. Director, Finance Ops to help develop and execute a procurement strategy that aligns with 1Password’s business objectives
• Lead procurement efforts, with a focus on technology and software contracts, by supporting the development and implementation of sourcing strategies, including supplier selection, negotiations, and contract management
• Lead cross-functional teams on cost-saving initiatives related to the execution of procurement strategic initiatives
• Translate procurement goals into actionable projects and initiatives, ensuring timely execution to meet organizational needs
• Focus on optimizing procurement outcomes, balancing cost-effectiveness, policy compliance, and operational efficiency
• Provide leadership to the procurement team by offering direction, resources, and support to help them grow professionally and meet performance objectives
• Proactively identify and manage risks associated with key vendors, ensuring performance is in line with contractual agreements (e.g., SLAs, MSAs)
• Oversee the vendor relationship lifecycle, including contract renewals, performance reviews, and ongoing relationship management
• Stay informed on industry trends and best practices, using this knowledge to enhance procurement processes and improve team performance
• Build and maintain strong relationships with internal stakeholders (e.g., IT, legal, security, FP&A) to understand and support their procurement needs
• Collaborate with department heads to align procurement activities with business goals and to provide effective procurement support for new initiatives and make recommendations on programs to reduce supplier costs, project manage contract development and approval processes
• Lead efforts to streamline and improve P2P processes, aligning them with best practices and organizational goals
• Contribute to the implementation of new procurement policies and ensure successful adoption across the organization through training and communication
• Regularly assess and update procurement policies to ensure they remain relevant and effective, and that compliance, security, and privacy requirements are met
• Drive initiatives to control procurement spend and foster a culture focused on long-term cost savings
• Identify and execute opportunities to optimize procurement costs without sacrificing quality or service levels, aiming to meet annual savings targets
• Collaborate with the Finance team to track vendor spending, monitor savings initiatives, and identify areas for further cost reductions
• Provide regular updates to senior leadership on procurement activities, cost savings, vendor performance, and policy adherence
• Own and manage Zip procurement platform
• Lead the ongoing optimization and improvement of the Zip system, ensuring seamless integration with procurement processes
• Collaborate with cross-functional teams to identify areas for enhancement, implement upgrades, and drive efficiencies

Preferred Qualifications

Experience with software rationalization and technology procurement

Benefits

• Health, dental, 401k and many others
• Paid time off
• Equity grant
• Participation in our incentive programs
• Maternity and parental leave top-up programs
• Wellness spending account
• Generous PTO policy
• Company-wide wellness days off scheduled throughout the year
• Wellness Coach membership
• Comprehensive health coverage
• Employee stock option program for all full-time employees
• Retirement matching program
• Training budget, 1Password University access, and learning sessions
• Free 1Password account (and friends and family discount!)
• Paid volunteer days
• Employee-led DEIB programs and ERGs and ECGs
• Fully remote environment
• Peer-to-peer recognition through Bonusly