Senior Program Manager - Strategic Procurement

Reposted 14 Hours Ago
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Hyderabad, Telangana, IND
In-Office
Senior level
Fintech • Healthtech • Analytics
The Role
Lead strategic sourcing and vendor/contract management across business units. Develop TCO-led sourcing strategies, drive cost-reduction initiatives, analyze spend data, manage S2P/P2P lifecycles, ensure third-party risk compliance, implement procurement technology, and enable cross-functional stakeholders with reporting and governance frameworks.
Summary Generated by Built In

R1 is the leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems and medical groups. We are the one company that combines the deep expertise of a global workforce of revenue cycle professionals with the industry’s most advanced technology platform, encompassing sophisticated analytics, AI, intelligent automation and workflow orchestration.

With over 30,000 employees globally and a robust presence in India, comprising over 17,000 employees across Delhi NCR, Hyderabad, Bangalore, and Chennai, we foster an inclusive culture where every team member feels valued and empowered. Our mission is to transform the healthcare industry by driving efficiency for healthcare systems, hospitals, and physician practices, continuously striving to make healthcare work better for everyone.

Senior Program Manager – Strategic Procurement– JD

We are hiring senior program manager – strategic procurement expert with 10-12 years of experience. A strategic sourcing and procurement program manager will be responsible for vendor management, TCO led sourcing strategies, and cost-reduction initiatives across multiple business units.

Team Span: 2

Key Responsibilities:

  • Vendor & Contract Management: Lead end-to-end contract negotiations, track supplier performance reviews, and conduct continuous vendor performance programs. End to end knowledge of contract management and thorough with source to contract process.
  • Strategic Sourcing: Develop and execute comprehensive sourcing strategies for indirect spend to optimize costs and quality. Total cost of ownership led negotiations will be critical for this role.
  • Data Analysis: Use spend data analysis techniques to interpret data results, identify trends, and locate new cost improvement opportunities.
  • Stakeholder Engagement: Act as an enabler to cross-functional stakeholders—including Legal, Finance, and Risk—to align purchasing decisions with procurement policies.
  • Visualization & Reporting: Create intuitive visual representations using tools to make data accessible for senior management.
  • Process Collaboration: Work closely with management and cross-functional teams to ensure source to contract process is being followed in line with approved procurement policy.
  • Risk & Compliance: Ensure supply base resilience and adherence to rigorous third-party risk management (TPRM) enterprise frameworks
  • Process & Technology Governance: Drive the adoption of modern procurement platforms (Digital RFQ/Sourcing request tools or to automate workflows and elevate data-driven buying)
  • Lifecycle Expertise: Demonstrated experience managing end-to-end Source-to-Pay (S2P) or Procure-to-Pay (P2P) processes.
  • Shared Service Exposure: Experience defining standard operating procedures (SOPs), workflows, and guidelines across multiple decentralized business units or regions.
  •  Program Governance: Value tracking, risk identification, and performance management frameworks.
  • Tech Stack Proficiency: Hands-on capability with Enterprise Resource Planning (ERP) and e-procurement platforms like Oracle,

Experience: 10-12 years of experience in strategic sourcing, procurement and contract lifecycle management.

Core Skills: Advanced contract negotiation, robust financial/spend data analysis, and strong cross-cultural communication

ERP Skills: Proficiency in Oracle Procurement Module, Power BI, Contract Lifecycle Management module

Qualifications:

  • Education: Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field,
  • Strong analytical and problem-solving abilities.
  • Proficient in MS Office Suite, Power BI

Working in an evolving healthcare setting, we use our shared expertise to deliver innovative solutions. Our fast-growing team has opportunities to learn and grow through rewarding interactions, collaboration and the freedom to explore professional interests.

Our associates are given valuable opportunities to contribute, to innovate and create meaningful work that makes an impact in the communities we serve around the world. We also offer a culture of excellence that drives customer success and improves patient care. We believe in giving back to the community and offer a competitive benefits package. To learn more, visit: r1rcm.com

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Skills Required

  • 10-12 years experience in strategic sourcing, procurement and contract lifecycle management
  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or related field
  • Advanced contract negotiation skills
  • Robust financial/spend data analysis ability
  • Proficiency in Oracle Procurement Module / Oracle ERP
  • Proficiency in Power BI
  • Experience with Contract Lifecycle Management (CLM) modules
  • Proficient in MS Office Suite (Excel)
  • Hands-on capability with ERP and e-procurement platforms and Digital RFQ/Sourcing tools
  • Demonstrated end-to-end Source-to-Pay (S2P) or Procure-to-Pay (P2P) lifecycle management experience
  • Vendor and contract management experience, including supplier performance programs
  • Experience with third-party risk management (TPRM) and compliance
  • Experience defining SOPs, workflows and guidelines across decentralized business units
  • Strong stakeholder engagement and cross-functional collaboration skills (Legal, Finance, Risk)
  • Experience in program governance: value tracking, risk identification, performance management

R1 RCM Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about R1 RCM and has not been reviewed or approved by R1 RCM.

  • Leave & Time Off Breadth Flexible or unlimited PTO, paid holidays/vacation, and paid volunteer time are highlighted, supporting work-life balance in many roles. Time-off usability is described as workable in many teams, especially in exempt roles.
  • Flexible Benefits Remote work options and flexible schedules are available for many positions, offering convenience and adaptability depending on role and location. Work-from-home eligibility varies by position but is called out as a valued option.
  • Career-Linked Recognition & Rewards Recognition programs such as R1 Stars are implemented to boost engagement and morale. Feedback suggests these programs help reduce turnover and provide acknowledgment beyond base pay.

R1 RCM Insights

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The Company
HQ: Murray, UT
10,001 Employees
Year Founded: 2003

What We Do

R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience.

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