Procurement Manager

Every day, Global Payments makes it possible for millions of people to move money between buyers and sellers using our payments solutions for credit, debit, prepaid and merchant services.  Our worldwide team helps over 3 million companies, more than 1,300 financial institutions and over 600 million cardholders grow with confidence and achieve amazing results.  We are driven by our passion for success and we are proud to deliver best-in-class payment technology and software solutions.  Join our dynamic team and make your mark on the payments technology landscape of tomorrow. 

Summary of This Role

Leads the contract management function, for the procurement of products, materials, and services, through due diligence efforts, contract negotiation, and continued monitoring of purchase orders. Oversees procurement activities by ensuring orders are filled and invoiced according to contractual terms; providing/reporting compliance heat maps in order to evaluate risk. Evaluates the selection of vendors/suppliers; builds and maintains those relationships through the facilitation of round table discussions addressing vendor issues, identifying discount opportunities and negotiating contract renewal. Participates in the creation and communication of Global Procurement policies and procedures.

What Part Will You Play?

• Manages the due diligence and 3rd party selection process for proposed critical and/or global new vendors to include a completed preliminary risk assessment, vendor business verification and credentialing, vendor administration review and any additional assessments needed to ensure all corporate polices, audit standards, business goals and strategy are met. Completes financial viability and risk/reward assessments to determine required contract type and term as well as a market-place analysis to ensure accurate vendor representation. Identifies and facilitates appropriate stakeholder's participation to support scope of the contract and vendor relationship.
• Manages contract negotiations and executes critical and/or global agreements, negotiating business provisions and commercial terms across all applicable functional areas. Owns commercial relationship with the vendor and has expert level knowledge to ensure highly complex contracts represent a sustainable and risk mitigated legal agreement with the provider. Ensures critical and or global cost savings is achieved and budget, allocation approvals, and contract filing is in compliance with all company policies.
• Manages purchase order processes for critical divisions and/or segments. Monitors expenses in the General Ledger (G/L) accounts and works closely with Finance to ensure that expense are recorded/ distributed in the correct company and cost center. Oversees the vendor lifecycle and expense management relationship to ensure all invoice processing is completed accurately and in a timely manner.
• Ensures supplier manager completes quarterly supplier compliance heat map, business review and status updates for critical and/or global suppliers. Evaluates risk exposure with Subject Matter Experts (SMEs) and collaborates with Legal, Finance , and Information Security to develop and implement risk mitigation plans. Reports results to the specific executive portfolio owner and presents quarterly and annual reports to executive leadership.
• Proactively builds relationships and facilitates productive round table discussions with critical divisions and/or segments third party vendors, suppliers and business partners to support building strategic relationships to address supplier issues, internal stakeholder relationships and contract renewal negotiations. Reviews maintenance agreements annually for additional cost savings opportunities and conducts intensive analysis to create negotiation strategies to approach contract renewal with highly dependent and concentrated suppliers.
• Defines policies and procedures for Global Procurement, standardizing and streamlining across the business segments and aligning to corporate and business strategy. Prepares and presents business case to implement and communicates updates and changes.

What Are We Looking For in This Role?

Minimum Qualifications

• Bachelor's Degree
• Relevant Experience or Degree in: no specific field of study
• Typically Minimum 10+ Years Relevant Exp

Preferred Qualifications

• None Identified

What Are Our Desired Skills and Capabilities?

• Skills / Knowledge - Having broad yet in-depth expertise and unique knowledge, uses skills to set and ensure success of company objectives and principles and to achieve goals in creative and effective ways within environments and situations that are complex and difficult. Having ownership of a function, major account or matrix management responsibilities, uses knowledge to ensure success, strengthen relationships, expand the business through key initiatives, and lead matrix teams on complex projects. Barriers to entry such as technical committee and senior management review exist at this level.
• Job Complexity - Works on issue that impact design/selling success or address future concepts, products, or technologies. Creates formal networks with key decision makers and serves as external spokesperson for the organization with key accounts, agencies, partners, vendors, and sales prospects.
• Supervision - Exercises wide latitude in determining objectives and approaches to critical assignments.

Global Payments Inc. is an equal opportunity employer. Global Payments provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including pregnancy), national origin, ancestry, age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other basis protected by law. If you wish to request reasonable accommodations related to applying for employment or provide feedback about the accessibility of this website, please contact [email protected].