Procurement Manager

CandescentAtlanta, GA
Hybrid

About The Position

Candescent is a forward-thinking technology company transforming how financial institutions deliver Intelligent Banking experiences. We unite digital banking, account opening, and branch solutions that power and connect digital banking, account opening, and branch solutions—creating seamless engagement across digital, remote, and in-person channels. Our Experience-Led, Intelligence-Driven approach combines human-centered design with data, automation, and cloud-based innovation. Built on an API-first architecture, our extensible ecosystem enables institutions to adapt quickly, integrate easily, and unlock new opportunities for growth—turning every customer interaction into a moment of clarity, confidence, and connection. Candescent is seeking an experienced Procurement Manager to join our Strategic Sourcing team in our Atlanta Head Office. This role will lead end-to-end sourcing activities across indirect categories, with a focus on Technology, Professional Services, Marketing, Facilities, and Strategic Partnerships in support of global business operations. The Procurement Manager will partner closely with business stakeholders to deliver measurable value through competitive sourcing events, supplier commercial negotiations, and contract negotiations while ensuring compliance with company policies and applicable regulations.

Requirements

  • Bachelor’s degree in Business, Finance, or a related discipline.
  • 10-15 years of progressive procurement or strategic sourcing experience, preferably in technology, financial services, or BPO industries.
  • Demonstrated experience leading sourcing events and negotiating commercial agreements with technology and services suppliers.
  • Strong working knowledge of contract terms and conditions, including SaaS and cloud agreements.
  • Hands-on experience with at least one major procurement platform.
  • Proficiency in Microsoft Excel for spending analytics and comfort working with large datasets.
  • Excellent written and verbal communication skills in English, with the ability to influence senior stakeholders.

Nice To Haves

  • Professional certifications such as CIPS, CPSM, or equivalent.
  • Experience supporting US-, India-, or Europe-headquartered multinationals with cross-time-zone stakeholders.
  • Exposure to fintech, banking software, or regulated financial services categories.
  • Experience with supplier diversity programs and ESG considerations in sourcing.

Responsibilities

  • Execute sourcing strategies across assigned categories, including market analysis, supplier identification, and total cost of ownership modeling.
  • Lead RFx events, including RFI, RFP, and RFQ processes, from requirements gathering through award recommendation in partnership with technical and business stakeholders.
  • Conduct supplier negotiations on commercial terms, SLAs, pricing structures, and contractual protections to deliver measurable savings and risk mitigation.
  • Draft, review, and negotiate supplier contracts, including Master Services Agreements, Statements of Work, NDAs, order forms, and amendments in partnership with Legal.
  • Maintain contract repository hygiene and proactively track renewals, expirations, and rate escalations.
  • Serve as the procurement business partner to assigned functions, providing guidance on sourcing process, supplier selection, and policy compliance.
  • Build trusted relationships with internal stakeholders to support business objectives.
  • Translate business requirements into clear sourcing scopes and evaluation criteria.
  • Manage ongoing supplier relationships, including performance reviews for Top 10 suppliers, issue resolution, and continuous improvement initiatives.
  • Analyze category spend to identify consolidation, demand management, and cost reduction opportunities.
  • Manage the renewal pipeline, ensuring initiatives are triggered with adequate lead time to secure commercial value.
  • Own benefits reporting for assigned projects.
  • Operate procurement workflows within the company’s P2P / S2P platform, such as Coupa, SAP Ariba, Oracle, or Workday.
  • Track and report on KPIs including savings, cycle time, and contract compliance.
  • Identify opportunities to improve procurement processes, tools, and policy adherence.
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