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Sourcing Category Manager - Indirect



Posted on Wednesday, June 5, 2024

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 25 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

Further information is available at www.paysafe.com.

We are looking for an Indirect Sourcing Manager to join our team. If you have at least a couple of years of experience in a Sourcing role working across categories such as HR, Facilities, Professional Services and/or marketing and you are looking to take a step up in your career in a fast-paced, growing organisation then this could be a great fit for you. We offer strong training and development and the opportunity to work in close partnership with the Head of Category and other experienced Sourcing Managers.

You will be responsible for planning and executing sourcing initiatives for key contract renewals and new business requirements as per the sourcing pipeline, supporting the Head of Category in running strategic activities in line with the category strategy for the indirect categories. Working with the senior team, the Indirect Sourcing Manager will prioritise and plan activity to best deliver long term sustainable benefits by executing all the key stages of the strategic sourcing process as relevant to procurement needs while supporting any operational and day to day management needs. You will manage your projects to agreed timelines and report on progress formally (through set tools and templates) and informally, during ad hoc meetings and team catch ups.

This role involves interacting and working closely with a number of senior stakeholders in a variety of business/service functions across the group to significantly contribute to measurable cost efficiencies in Indirect.

What to Expect:

  • Run strategic sourcing initiatives as per category strategy / sourcing pipeline including supplier engagement during RFI / RFP processes, supplier negotiations and collaboration initiatives. Negotiate contracts and commercial terms in the best interest of the business
  • Support the Head of Category in running strategic activities as per category strategy plans.
  • Own and manage stakeholder relationships across various divisions; pro-actively engaging them to define and document business requirements including spend and specifications to build
  • Help develop sourcing initiatives and a sourcing pipeline with the objective of driving out cost while maximising quality. The role holder must importantly secure buy-in and be able to communicate and ensure compliance of the Sourcing strategy across the group
  • Plan and execute the designed sourcing initiatives to deliver measurable and sustainable cost savings. Manage and execute all relevant steps of strategic sourcing process and produce all relevant and required documentation
  • Ensure compliance to Paysafe Financial, Infosec, Privacy, Sourcing, Vendor Management, Confidentiality and Risk management policies through Source to Pay (S2P) and Procure to Pay (P2P), and communication of these policies to suppliers and stakeholders
  • Manage the timely delivery of the procurement and sourcing initiatives and report accordingly
  • Perform spend and market analysis for specific category initiatives, working with the Procurement Operations team as necessary
  • Research and keep abreast with new trends and industry information relevant to business needs
  • Delivery of on-going and significant savings throughout the contract and relationship life cycle, underpinned by leadership of incremental cost, service and overall value derivation. Working closely with key suppliers to drive long term value improvements
  • Help to maximise the percentage of third party spend under the coverage of business Sourcing for areas in scope
  • Work closely with the business stakeholders to assess the Sourcing function, processes and information/data, understand gaps to best practices and improve current Sourcing practices
  • Get the possibility to manage one of the categories which will include stakeholder management, category strategy development and implementation

To be successful you need to have:

  • Strong previous Indirect Sourcing experience (2+ years) as a Sourcing manager / category buyer
  • A Sourcing Manager who has had exposure and expertise in indirect categories such as HR, Facilities, Professional Services and/or Marketing
  • Experience in strategic sourcing and supplier relationship management
  • Ability to independently plan and execute Sourcing activities (in line with business needs)
  • Experience of managing own projects
  • Strong interpersonal skills: works well with all members of the hierarchy.
  • Ability to diplomatically challenge stakeholders and ensure alignment
  • Strong communication skills, both verbal and written: articulate, concise and accurate
  • Analytically strong: comfortable manipulating large volumes of data
  • Willingness to challenge current practice: seek alternative options and challenge convention
  • Self-starter – motivated and disciplined. Can manage their own time well

Additional benefits:

  • The opportunity to write the history of a leading and growing multinational company
  • Tailor-made training and ongoing development to help you enhance your skills in the field of online payments
  • Multiple career progression opportunities in a dynamic in-house business
  • Environment where product expertise, professional and personal commitment are rewarded
  • Competitive remuneration and social benefits package (25 days annual paid leave, health insurance, sports card, team events, company discounts, variety of soft skills, business and technical training programs)
  • Fun and collaborative working atmosphere
  • Flexible working model - we encourage our employees to embrace our flexible working approach. You will be expected to work from home and spend an average of three days a week at our Sofia office as part of our hybrid work model

Are you ready to take your career to the next level? Join our team that is inspired by a unified vision and propelled by passion.

Send your CV in English.

Only shortlisted candidates will be contacted for an interview.

Equal Employment Opportunity

Paysafe provides equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment. If you need any reasonable adjustments please let us know. We will be happy to help and look forward to hearing from you.