Sourcing Manager Raleigh, North Carolina or Sunnyvale, CA or Remote - US

SingleStore, Inc.; Raleigh (NC); Remote; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Sourcing Manager, where you'll play a pivotal role in managing software and service contracts. This exciting position involves negotiating contracts, establishing vendor relationships, and creating procurement strategies that drive cost savings and enhance value. You will collaborate with diverse teams, track procurement expenditures, and develop formal processes for supplier management. If you're passionate about procurement and eager to grow in a dynamic environment, this opportunity is perfect for you. Embrace the chance to make a significant impact in a company committed to innovation and diversity.

Benefits

Technology Stipend for New Employees

Monthly Cell Phone and Internet Stipend

Health and Wellness benefit

In office catered lunches

Monthly Grubhub credit

Company and team events

Flexible time off

Volunteer time off

Stock Options

Qualifications

• 5+ years in procurement and contract management with progressive responsibilities.
• Strong negotiation skills and knowledge of sourcing principles.

Responsibilities

• Manage contracts from RFP to payments, ensuring cost reduction and value maximization.
• Source new suppliers and oversee contract negotiation and management.

Skills

Contract negotiation

Procurement management

Sourcing principles

Financial analysis

Risk analysis

Negotiation skills

Education

Bachelor’s degree in business, mathematics, or relevant field

Tools

Procurement software

ERP systems

Excel

Contract management tools

Coupa

Job description

Position Overview:

SingleStore is seeking a Sourcing Manager. We do not have inventory and are not seeking supply chain procurement managers, but instead the ideal candidate will have experience in sourcing software and service contracts.

In this critical role, you will oversee, execute and manage contracts from RFP to payments to ensure we reduce costs and maximize value on our vendor contracts. The ideal candidate will have experience in contract negotiation, procurement, and contract management, particularly with software and service contracts. This role will involve close collaboration with various internal and external teams to establish best-in-class procurement strategies, manage existing vendor relationships, establish new vendor relationships, and create contractual frameworks.

Role and Responsibilities:

• Source new suppliers to increase competitive pricing from existing suppliers to continuously drive down costs. Success can be measured as a direct reduction of expenses year over year.
• Contract negotiation, procurement, and contract management with a particular focus in software subscriptions and service contracts. This role will oversee the negotiation, financial analysis, risk analysis, drafting/redlining, and execution of new vendor contracts, ensuring favorable commercial terms, risk mitigation, and alignment with business goals.
• The ideal candidate will manage the lifecycle of procurement contracts, including tracking deadlines, renewals, and obligations. This role will also track and report procurement expenditures, ensuring budgets are adhered to and financial goals are met in addition to supporting the preparation of procurement-related financial reports for management and stakeholders.
• For the right candidate, developing and maintaining a supplier database will be the start of creating formal processes and procedures in selecting and evaluating suppliers. Duties will include creating SOPs for supplier management from onboarding to contract terminations.
• This key role will establish a sourcing framework for US headquarters and then roll out standardized procedures across the globe for our EMEA and APAC subsidiaries.

Required Skills and Experience:

• 5 years of experience in procurement and contract management, demonstrating progressive growth in responsibilities.
• Knowledge of procurement software, ERP systems, Excel and contract management tools (experience with Coupa would be a plus!).
• Strong negotiation skills, in-depth knowledge of sourcing and procurement principles and best practices.
• Interested in creating and carving out a new role. High interest in learning and growing in the role and Company is open to paying for job-related learning such as Coupa certifications and negotiation masterclasses.
• A bachelor’s degree in business, mathematics, or another relevant field is preferred.

Benefits:

• Company Wide:
• Technology Stipend for New Employees
• Monthly Cell Phone and Internet Stipend
• Health and Wellness benefit
• In office catered lunches and monthly Grubhub credit
• Company and team events
• Flexible time off
• Volunteer time off
• Stock Options
• Country Specific (if applicable):
• Health Benefits
• Retirement

As employees are located in many different countries around the world, some benefits may differ from country to country. In all cases, we do our best to provide equitable perks and benefits across our locations.

Other:

• Employment Status: Full Time Employment
• Work Authorization: Eligibility to work for US based employer
• Location/Working classification: Raleigh, North Carolina (preference for you to be able to go into the office a few days a week).

The Company:

SingleStore delivers the cloud-native database with the speed and scale to power the world’s data-intensive applications. With a distributed SQL database that introduces simplicity to your data architecture by unifying transactions and analytics, SingleStore empowers digital leaders to deliver exceptional, real-time data experiences to their customers. SingleStore is venture-backed and headquartered in San Francisco with offices in Sunnyvale, Raleigh, Seattle, Boston, London, Lisbon, Bangalore, Dublin and Kyiv.

Consistent with our commitment to diversity & inclusion, we value individuals with the ability to work on diverse teams and with a diverse range of people.