Stripe
Strategic Sourcing Manager, HR & Legal
Stripe, San Francisco, California, United States, 94199
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.
About the Team Procurement is part of Stripe Finance and is responsible for the entire buying journey at Stripe. From sourcing new suppliers or renewing engagements with existing ones to facilitating purchase order approvals, paying valid supplier invoices, and managing Stripe's travel and expense program, the team also reviews and advises on contract structures and terms, conducts risk assessments, and onboards suppliers for secure payment processing.
We’re building a world‑class Strategic Sourcing & Category Management team that strives to maximize value for the organization through supply optimization strategies, supplier negotiations, ensuring appropriate service level agreement terms, and holding suppliers accountable for meeting business requirements.
What You’ll Do We are looking for an experienced sourcing professional to focus on establishing trusted business partner relationships across Stripe with a “users first” approach to ensure early and active participation across the full lifecycle of strategic sourcing and procurement, including category planning, sourcing strategies, RFx execution, supplier evaluation and selection, contract negotiations and management, and continuous improvements.
Responsibilities
Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols
Conduct market research and analysis to inform category strategies and stay ahead of industry trends
Be an active champion across the company supporting our third‑party risk programs and fiscal initiatives when engaging in procurement activities
Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure those goals are achieved
Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
Work closely with internal teams to drive enterprise‑level procurement solutions and increase supplier management effectiveness
Participate in establishing short‑term and long‑range planning and budget development of the company to support strategic business goals
Help develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripe recognizes and values
Minimum Requirements
8+ years of experience in indirect sourcing, procurement, category management, or a related field
Demonstrated ability to develop and implement strategic sourcing and category management strategies
Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
Strong analytical and problem‑solving skills, with the ability to manage and interpret complex data
Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross‑functional and internal team members
Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders
Demonstrated experience successfully partnering with cross‑functional stakeholders
Preferred Qualifications
Solution‑oriented mindset with enthusiasm for establishing best practice
Self‑disciplined, diligent, proactive and detail oriented
Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast‑paced technology or financial services environment
Strategic mindset with the ability to make sound business decisions based on data and analytics
Understanding or experience with e‑procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
Familiarity with the fintech industry and its supply chain and procurement challenges
Hybrid Work at Stripe This role is available either in an office or a remote location (35+ miles or 56+ km from a Stripe office). Office‑assigned Stripe employees are expected to spend at least 50% of the time in a local office. Remote employees usually work from home and may come to the office for meetings and events.
Pay and Benefits The annual US base salary range for this role is $129,600 – $194,400. Salary may be adjusted based on experience, qualifications, and location. Eligible candidates may also receive equity, bonuses, a 401(k) plan, medical, dental, and vision benefits, and wellness stipends.
Location San Francisco, CA (remote qualification available)
How to Apply Submit your application through Stripe’s careers portal. Referrals increase your chances of interviewing by 2×.
#J-18808-Ljbffr
About the Team Procurement is part of Stripe Finance and is responsible for the entire buying journey at Stripe. From sourcing new suppliers or renewing engagements with existing ones to facilitating purchase order approvals, paying valid supplier invoices, and managing Stripe's travel and expense program, the team also reviews and advises on contract structures and terms, conducts risk assessments, and onboards suppliers for secure payment processing.
We’re building a world‑class Strategic Sourcing & Category Management team that strives to maximize value for the organization through supply optimization strategies, supplier negotiations, ensuring appropriate service level agreement terms, and holding suppliers accountable for meeting business requirements.
What You’ll Do We are looking for an experienced sourcing professional to focus on establishing trusted business partner relationships across Stripe with a “users first” approach to ensure early and active participation across the full lifecycle of strategic sourcing and procurement, including category planning, sourcing strategies, RFx execution, supplier evaluation and selection, contract negotiations and management, and continuous improvements.
Responsibilities
Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols
Conduct market research and analysis to inform category strategies and stay ahead of industry trends
Be an active champion across the company supporting our third‑party risk programs and fiscal initiatives when engaging in procurement activities
Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure those goals are achieved
Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
Work closely with internal teams to drive enterprise‑level procurement solutions and increase supplier management effectiveness
Participate in establishing short‑term and long‑range planning and budget development of the company to support strategic business goals
Help develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripe recognizes and values
Minimum Requirements
8+ years of experience in indirect sourcing, procurement, category management, or a related field
Demonstrated ability to develop and implement strategic sourcing and category management strategies
Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
Strong analytical and problem‑solving skills, with the ability to manage and interpret complex data
Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross‑functional and internal team members
Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders
Demonstrated experience successfully partnering with cross‑functional stakeholders
Preferred Qualifications
Solution‑oriented mindset with enthusiasm for establishing best practice
Self‑disciplined, diligent, proactive and detail oriented
Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast‑paced technology or financial services environment
Strategic mindset with the ability to make sound business decisions based on data and analytics
Understanding or experience with e‑procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
Familiarity with the fintech industry and its supply chain and procurement challenges
Hybrid Work at Stripe This role is available either in an office or a remote location (35+ miles or 56+ km from a Stripe office). Office‑assigned Stripe employees are expected to spend at least 50% of the time in a local office. Remote employees usually work from home and may come to the office for meetings and events.
Pay and Benefits The annual US base salary range for this role is $129,600 – $194,400. Salary may be adjusted based on experience, qualifications, and location. Eligible candidates may also receive equity, bonuses, a 401(k) plan, medical, dental, and vision benefits, and wellness stipends.
Location San Francisco, CA (remote qualification available)
How to Apply Submit your application through Stripe’s careers portal. Referrals increase your chances of interviewing by 2×.
#J-18808-Ljbffr