VP, Procurement
The VP of Procurement role is responsible for developing, executing and optimizing intake and orchestration processes and procurement strategies to support Smartsheet’s mission, values, and business goals.
Reporting to the SVP, Financial Operations, this leader will accelerate business transformation by driving responsible spend management and fostering a culture of operational excellence, and may work remotely from anywhere in the US where Smartsheet is a registered employer.
You Will:
Work cross-functionally to build strategic relationships with leaders across Smartsheet and engage with key stakeholders at all levels to align procurement strategy with business priorities, ensuring procurement is a valued strategic partner.
Influence the decision-making process impacting spend management, efficiency, and supplier partnerships by leveraging data-driven insights, market intelligence, and advanced methods of analysis, planning, and forecasting.
Set the direction and define expectations for long-term category strategies to drive value creation and cost savings.
Evaluate and optimize tools, processes, and systems - including automation and new technologies - that support long-term efficiency, compliance, and enable us to scale both effectively and sustainably.
Define and track operational reporting, analytics, and performance metrics that improve procurement efficiency, enhance supplier management, and demonstrate Procurement's impact on business objectives.
Perform industry benchmarking with respect to pricing, performance, service levels and other measurable standards. Study market conditions supply/demand trends, industry technology, supplier financial data, and competitive environment of strategic plans.
Forecast pricing and develop strategies for long term planning and negotiations. Develop and manage cost reduction programs to reduce operating total costs.
Build and implement a sourcing and procurement process by establishing procurement policies, guidelines, and best practices.
Provide vision, strategy, and direction to the procurement team, ensuring alignment with corporate objectives, operational needs, and Smartsheet's financial strategy.
Partner with other departments and stakeholders, including FP&A, to ensure timely execution of procurement requirements, budget alignment, achievement of cost reduction targets, and optimal total cost of ownership.
Collaborate with other teams, including Risk, Privacy, Legal, and Security, to build/implement tools to objectively review suppliers (i) before purchase and (ii) for performance and continued due diligence and supplier compliance after purchase, with an eye to risk management, ESG commitments, etc.
Champion continuous improvement in all aspects of procurement delivery (supplier performance, business adoption, payment terms, etc.).
Recruit, train, and develop employees to maintain a highly motivated, professional staff of procurement experts.
You Have:
Bachelor's degree in business, supply chain, or other related field ideal, master’s degree or MBA preferred.
Minimum of 15 years of progressive experience in a corporate environment, ideally within tech / software (SaaS) with a proven track record in building out sourcing and procurement programs.
Minimum of 8 years of progressive experience leading a team.
Preferred certifications such as CPSM (Certified Professional in Supply Management) or CSCP (Certified Supply Chain Professional).
Experience overseeing up to $250M of overall company spend in a global organization.
Understanding of procurement laws, regulations, and ethical practices to ensure compliance.
Proven ability to direct, inspire, and empower a team to drive impact.
Prior experience partnering with private equity is ideal, with experience in building out a set of programs, metrics, KPIs and reports.
Coupa Software experience is strongly desired.
Strong data-driven mindset with excellent analytical and financial acumen.
Demonstrated ability to develop and execute strategic plans.
Excellent written and verbal communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization and externally.
Current US Perks & Benefits:
Employer subsidized medical/vision and dental coverage for full-time employees
401k Match to help you save for your future (50% of your contribution up to the first 6% of your eligible pay)
Monthly stipend to support your work and productivity
Flexible Time Away Program, plus Sick Time Off
US employees are automatically covered under Smartsheet-sponsored life insurance, short-term, and long-term disability plans
US employees receive 12 paid holidays per year
Up to 24 weeks of Parental Leave
Personal paid Volunteer Day to support our community
Opportunities for professional growth and development including access to Udemy online courses
Company Funded Perks, including a counseling membership, local retail discounts, and your own personal Smartsheet account
Teleworking options from any registered location in the U.S. (role specific)
Smartsheet provides a competitive base salary range for roles that may be hired in different geographic areas we are licensed to operate our business from. Actual compensation is determined by several factors including, but not limited to, level of professional, educational experience, skills, and specific candidate location. In addition, this role will be eligible for a market competitive incentive opportunity.
US Base Salary Pay Range
$230,000—$290,000 USD