Sr. Procurement Manager, Finance

About Lyra Health

Lyra is transforming mental health care through technology with a human touch to help people feel emotionally healthy at work and at home. We work with industry leaders, such as Morgan Stanley, Uber, Amgen, and other Fortune 500 companies, to improve access to effective, high-quality mental health care for their employees and their families. With our innovative digital care platform and global provider network, nearly 20 million people can receive the best care and feel better, faster. Founded by David Ebersman, former CFO of Facebook and Genentech, Lyra has raised more than $900 million.

About the Role

We are looking for a detail-oriented and experienced Sr. Procurement Manager with expertise in startup environments, and proficiency in process management. In this role, you will be responsible for managing and optimizing all aspects of vendor operations, including relationships, performance, and strategy. The ideal candidate will have a strong understanding of negotiation tactics and key contract terms, plus exceptional analytical skills and the ability to work effectively in a fast-paced, dynamic environment with strong collaboration and teamwork skills.

This role can be carried out from our Burlingame, CA headquarters, hybrid, or fully remote/virtually. Remote candidates must be physically located within the United States.

Responsibilities

• Vendor Spend Optimization: Analyze current vendor spend across categories to identify opportunities for consolidation, renegotiation, or reallocation of budget.
• Cost Savings Initiatives: Lead initiatives to deliver measurable savings while maintaining or improving vendor and partner service quality and business outcomes.
• Vendor Management: Serve as the primary point of contact for key vendors, managing contract negotiations, renewals, performance reviews including SLA compliance, and issue resolution.
• Sourcing Strategy: Develop and implement sourcing strategies aligned with business goals, ensuring competitive pricing, scalability, and risk mitigation.
• Cross-Functional Collaboration: Partner with Finance, Legal, Operations, and other functional leaders to align procurement strategies with overall business objectives.
• Contract Oversight: Oversee contract lifecycle management, ensuring terms are favorable, compliance is maintained, and documentation is accurate and accessible.
• Market Research & Benchmarking: Stay informed about market trends, pricing benchmarks, and emerging suppliers to inform negotiation strategies and sourcing decisions.
• Process and Tools Innovation: Drive continuous improvement with procurement processes and supporting technology, to further efficiency, cost reduction and maintenance of high quality standards.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field
• 8+ years of relevant Technology sourcing/procurement experience, especially IT software, office hardware and services in a multinational corporation
• Experience in Software Asset Management and optimizations of SaaS applications
• Strong analytical and problem-solving skills with a high level of attention to detail
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
• Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Experience with Netsuite, Coupa, Ironclad, and Zip preferred

"We are an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information or any other category protected by law.

By applying for this position, you acknowledge that your personal information will be processed as per the Lyra Health Workforce Privacy Notice. Through this application, to the extent permitted by law, we will collect personal information from you including, but not limited to, your name, email address, gender identity, employment information, and phone number for the purposes of recruiting and assessing suitability, aptitude, skills, qualifications, and interests for employment with Lyra.  We may also collect information about your race, ethnicity, and sexual orientation, which is considered sensitive personal information under the California Privacy Rights Act (CPRA) and special category data under the UK and EU GDPR.  Providing this information is optional and completely voluntary, and if you provide it you consent to Lyra processing it for the purposes as described at the point of collection, for example for diversity and inclusion initiatives.  If you are a California resident and would like to limit how we use this information, please use the Limit the Use of My Sensitive Personal Information form.  This information will only be retained for as long as needed to fulfill the purposes for which it was collected, as described above. Please note that Lyra does not “sell” or “share” personal information as defined by the CPRA. Outside of the United States, for example in the EU, Switzerland and the UK, you may have the right to request access to, or a copy of, your personal information, including in a portable format; request that we delete your information from our systems; object to or restrict processing of your information; or correct inaccurate or outdated personal information in our systems. These rights may be subject to legal limitations. To exercise your data privacy rights outside of the United States, please contact [email protected]. For more information about how we use and retain your information, please see our Workforce Privacy Notice."