Who we are

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 to ensure suppliers meet Stripe's standards, and onboards suppliers for secure payment processing.

Stripe is 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. We’re looking for a Strategic Sourcing Manager to join our Procurement team and help us drive organizational transformation.

What you’ll do

We are looking for an experienced Sourcing professional to focus on establishing trusted business partner relationships in the technology space at 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. You will play a critical role in ensuring Stripe's procurement aligns with our operational principles by contributing to our sustainable growth while fostering strong, ethical supplier relationships. Experience with complex software negotiations is required.

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 that 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 to develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripes recognize and value

Minimum requirements:

A minimum of 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 requirements:

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

Strategic Sourcing Manager - Tech