Strategic Sourcing Analyst

Reposted 7 Days Ago
Easy Apply
New York, NY
Hybrid
21-38 Annually
Junior
Fintech • Information Technology • Payments • Productivity • Software • Travel • Automation
Travel & expense made easy.
The Role
The Strategic Sourcing Analyst supports procurement processes, manages supplier relationships, optimizes spend, and collaborates with various stakeholders to ensure effective sourcing strategies.
Summary Generated by Built In

Navan is looking for a Strategic Sourcing Analyst who will be responsible for supporting the procurement process across various spend categories. This is an opportunity for a highly motivated individual to be a strategic partner and trusted adviser to the broader business.

The successful candidate must have strong data analysis, negotiation, problem solving, and communication skills. The position will report to the Director of Procurement.

What You’ll Do:

  • Establish strong relationships with internal stakeholders, including Legal, Security, IT, FP&A and business partners.
  • Collaborate with business partners to understand and execute goals across assigned projects, spend categories, and vendors.
  • Manage the renewals list for designated categories and proactively work with business partners for early engagement. 
  • Review and mitigate any potential commercial risks in contracts, such as payment terms, marketing language, price cap and term length. 
  • Analyze data including spend analysis, demand scenario modeling, P&L impact analysis, and benchmark comparisons to support vendor selection and negotiation processes.
  • Work with FP&A to understand headcount planning to build license forecast models for software deals. 
  • Identify savings opportunities through consolidation, contract restructuring, rightsizing, etc. 
  • Support sourcing team with executing RFx events.  
  • Manage supplier relationships with a focus on cost, quality, service, delivery, and risk.
  • Guide business partners on the procurement process, including early engagement and best practices in order to adopt a value-driven mindset when purchasing on behalf of Navan. 

What We’re Looking For:

  • Minimum of 2 years of procurement experience; from a high-growth technology or fintech environment is preferred.
  • Experience with P2P systems such as Zip.
  • Ability to create and present business cases for net new contracts and strategic renewals.
  • Ability to lead with context and effectively communicate across varying levels of leadership.
  • Someone who thinks outside the box and has strong problem solving skills.
  • Able to work independently in a fast-paced environment.
  • Bachelor’s degree.
The posted pay range represents the anticipated low and high end of the compensation for this position and is subject to change based on business need. To determine a successful candidate’s starting pay, we carefully consider a variety of factors, including primary work location, an evaluation of the candidate’s skills and experience, market demands, and internal parity.
For roles with on-target-earnings (OTE), the pay range includes both base salary and target incentive compensation. Target incentive compensation for some roles may include a ramping draw period. Compensation is higher for those who exceed targets. Candidates may receive more information from the recruiter.
Pay Range
$21$38 USD

Top Skills

P2P Systems

What the Team is Saying

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The Company
HQ: Palo Alto, CA
3,000 Employees
Year Founded: 2015

What We Do

Navan is the leading all-in-one business travel and expense management solution that makes travel easy for frequent travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at navan.com.

Why Work With Us

At Navan, we’re never satisfied with the status quo, and we know breakthrough ideas come from diverse perspectives. We are committed to cultivating a workplace that reflects the diversity of the customers we serve while fostering leadership and innovation.

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Navan Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

In-person connections is the foundation of Navan, the connections forged through face-to-face interactions improve company culture and what we can achieve together. We operate on a hybrid working model, which we define as four days a week in-office.

Typical time on-site: 4 days a week
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