Procurement Manager
Current•New York, NY
•$145,000 - $180,000
About The Position
Current is a consumer fintech platform with more than 6 million members, focused on improving financial access and outcomes. The Procurement Manager will join the finance team as the company’s procurement expert, helping design and implement a robust procurement process. The role collaborates across teams, partners with business owners, and promotes accountability and governance. The position has a base salary range of $145,000–$180,000, with compensation determined by experience, skill level, and qualifications. Current also offers a total rewards package that includes equity and benefits.
Requirements
- At least 5 years of experience in strategic sourcing, procurement, or vendor management.
- Strong communication and project management skills, including the ability to communicate project status, actions, risks, and opportunities.
- Bachelor’s degree, preferably in Procurement, Supply Chain Management, Business Administration, Commerce, Economics, or a related field.
- Strong understanding of procurement and negotiation techniques.
Nice To Haves
- Experience in a high-growth technology environment.
Responsibilities
- Collaborate with internal business partners and stakeholders to facilitate contract negotiations with external vendors and suppliers; develop negotiation approaches, fallback positions, and acceptable terms through contract completion.
- Identify benchmarks for contractual arrangements, focusing on financial cost efficiencies, spend drivers, and areas of risk.
- Design and implement procurement processes and tools with appropriate cross-functional stakeholder review.
- Review existing contracts and business requirements, and formulate guidelines and standard vendor contract protocols.
- Establish vendor lifecycle strategy covering planning, sourcing, selection, vendor performance data, off-boarding, and transitions.
- Assist business partners with onboarding vendors, products, and services through cross-functional third-party review and approval processes.
- Build and maintain effective partnerships with internal stakeholders to identify, understand, and fulfill their requirements.
- Resolve vendor performance or diligence issues effectively and promptly.
- Support other ad hoc projects as needed.
Benefits
- Competitive salary
- Equity in the form of stock options
- 401(k) plan
- Discretionary performance bonus program
- Biannual performance reviews
- Medical, dental, and vision premiums covered at 100% for the employee and dependents
- Flexible time off and paid holidays
- Generous parental leave policy
- Commuter benefits
- Fitness benefits
- Healthcare and dependent care FSA benefit
- Employee Assistance Programs focused on mental health
- Healthcare advocacy program for all employees
- Access to mental health apps
- Team-building activities
- Modern NYC office with open floor plan, stocked kitchen, and catered lunches
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What This Job Offers
Job Type
Full-time
Career Level
Manager
