Senior Procurement Specialist
About The Position
As B-Stock's first dedicated procurement hire, the Senior Procurement Specialist will own purchasing for software renewals, new tool requests, and indirect services contracts across the company. The role ensures vendor spend is appropriately priced and scoped, supported by a clear business case, and managed in line with company policy. The specialist will lead renewal negotiations and serve as the commercial lead with vendors while preserving business teams' day-to-day vendor relationships. The role will build procurement playbooks, approval workflows, and business-case frameworks so teams can buy efficiently within policy. It will also apply AI to contract review, benchmarking, and spend analysis, with the goal of developing a more automated procurement function. The position reports to the VP of Strategy & Business Operations and partners closely with Finance, Engineering, Legal, Accounts Payable, and business teams.
Requirements
- At least 5 years of experience in procurement, strategic sourcing, vendor management, or a finance/operations role involving personal negotiation of software and services contracts.
- A track record of measurable savings, with the ability to describe specific negotiated renewals and the methods used.
- Strong commercial and analytical skills, including total-cost-of-ownership modeling, usage-data analysis, pricing-structure comparison, and spreadsheet-based business cases.
- Experience building processes from scratch, including intake, approval workflows, playbooks, and templates that other teams adopt.
- Hands-on experience applying AI tools in analytical or operating workflows to build automations or multi-step processes.
- Comfort quickly adopting new AI capabilities as they emerge.
- Work authorization required.
Nice To Haves
- Experience as a first or early procurement hire at a growth-stage or mid-size company.
- Familiarity with go-to-market and marketing technology stacks, including CRM, sales engagement, marketing automation, and data enrichment.
- Experience with procurement or spend-management tools such as Vendr, Zip, Coupa, Ramp, or Tropic.
Responsibilities
- Own the renewal calendar for SaaS and indirect vendors, starting each material renewal at least 90 days in advance with a usage review, pricing benchmarks, and a negotiation plan.
- Lead commercial negotiations covering price, seat and tier right-sizing, multi-year terms, price-increase caps, payment terms, auto-renewal, and termination rights.
- Serve as the firm commercial voice with vendors so business owners can maintain strong day-to-day vendor relationships.
- Build and roll out a procurement playbook covering intake, approval matrix and signing authority, category-specific negotiation guides, standard terms, and redline fallbacks in partnership with Finance and Legal.
- Develop business-case frameworks and templates covering cost, usage, ROI, overlap with existing tools, and exit paths; ensure approved cases are implemented and measured.
- Maintain a single source of truth for vendor spend, contracts, owners, and renewal dates.
- Report savings and cost avoidance to leadership using a consistent methodology.
- Apply AI to accelerate contract review, benchmarking, and spend analysis, and develop a more automated procurement function over time.
Benefits
- Competitive compensation packages, including bonus and options.
- Medical, dental, and vision benefits.
- Paid time off.
- Telecommuting.
- Matching 401(k).
- Support for continuing education.
- Team offsites, social events, and extracurricular activities.
- Snacks, drinks, and occasional donuts.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
