Full-Time

Sr Manager

Procurement

Posted on 1/3/2025

1Password

1Password

1,001-5,000 employees

Password management and secure access solution

Enterprise Software
Cybersecurity

Compensation Overview

$132k - $208kAnnually

+ Benefits Program + Equity Grant + Incentive Programs

Senior, Expert

Remote in USA + 1 more

More locations: Remote in Canada

Remote opportunity within Canada and the US.

Category
Procurement & Sourcing
Operations & Logistics
Requirements
  • 7+ years of experience in procurement, vendor management, or a related field within a SaaS, technology, or start-up environment
  • At least 2-3 years of experience leading or managing a procurement team
  • Proven track record in developing and executing long-term procurement strategies
  • Excellent organizational skills with demonstrated experience with managing contracts and vendor performance with a high level of accuracy
  • Demonstrated expertise in building and optimizing procurement processes, with a focus on SaaS and technology-related procurement
  • Strong negotiation and collaboration skills, with the ability to drive consensus and achieve favorable outcomes in vendor relationships
  • Proficient in procurement software and tools, with an ability to leverage technology to enhance efficiency and decision-making
  • Excellent communication and interpersonal skills, with a proven ability to build and maintain effective relationships with internal stakeholders and external vendors.
Responsibilities
  • Collaborate with the Sr. Director, Finance Ops to help develop and execute a procurement strategy that aligns with 1Password’s business objectives
  • Lead procurement efforts, with a focus on technology and software contracts, by supporting the development and implementation of sourcing strategies, including supplier selection, negotiations, and contract management
  • Lead cross-functional teams on cost-saving initiatives related to the execution of procurement strategic initiatives
  • Translate procurement goals into actionable projects and initiatives, ensuring timely execution to meet organizational needs
  • Focus on optimizing procurement outcomes, balancing cost-effectiveness, policy compliance, and operational efficiency
  • Provide leadership to the procurement team by offering direction, resources, and support to help them grow professionally and meet performance objectives
  • Proactively identify and manage risks associated with key vendors, ensuring performance is in line with contractual agreements (e.g., SLAs, MSAs)
  • Oversee the vendor relationship lifecycle, including contract renewals, performance reviews, and ongoing relationship management
  • Stay informed on industry trends and best practices, using this knowledge to enhance procurement processes and improve team performance
  • Build and maintain strong relationships with internal stakeholders (e.g., IT, legal, security, FP&A) to understand and support their procurement needs
  • Collaborate with department heads to align procurement activities with business goals and to provide effective procurement support for new initiatives and make recommendations on programs to reduce supplier costs, project manage contract development and approval processes
  • Lead efforts to streamline and improve P2P processes, aligning them with best practices and organizational goals
  • Contribute to the implementation of new procurement policies and ensure successful adoption across the organization through training and communication
  • Regularly assess and update procurement policies to ensure they remain relevant and effective, and that compliance, security, and privacy requirements are met
  • Drive initiatives to control procurement spend and foster a culture focused on long-term cost savings
  • Identify and execute opportunities to optimize procurement costs without sacrificing quality or service levels, aiming to meet annual savings targets
  • Collaborate with the Finance team to track vendor spending, monitor savings initiatives, and identify areas for further cost reductions
  • Provide regular updates to senior leadership on procurement activities, cost savings, vendor performance, and policy adherence
  • Own and manage Zip procurement platform. Lead the ongoing optimization and improvement of the Zip system, ensuring seamless integration with procurement processes
  • Collaborate with cross-functional teams to identify areas for enhancement, implement upgrades, and drive efficiencies.
Desired Qualifications
  • Experience with software rationalization and technology procurement is highly preferred.

1Password provides a password management and secure access solution that helps businesses control and protect their sensitive information. The platform allows employees to securely access applications and share important data like logins and documents while keeping other information private. It operates on a subscription model, offering various plans to meet the needs of different organizations. 1Password integrates with existing identity and access management systems such as Azure AD and Okta, enabling automatic employee provisioning and enhancing security without disrupting workflow. The goal of 1Password is to improve cybersecurity for businesses while ensuring ease of use and maintaining productivity.

Company Stage

Series C

Total Funding

$894.9M

Headquarters

Toronto, Canada

Founded

2005

Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for passwordless authentication boosts 1Password's market potential.
  • Acquisition of Trelica enhances Extended Access Management capabilities for enterprise clients.
  • Membership in Microsoft Intelligent Security Association opens new collaboration opportunities.

What critics are saying

  • Trelica acquisition may lead to integration challenges, disrupting services.
  • Co-CEO appointment could cause leadership conflicts, affecting operations.
  • Pursuit of IPO by 2025 may shift focus from innovation to financial metrics.

What makes 1Password unique

  • 1Password offers seamless integration with IAM systems like Azure AD and Okta.
  • The platform provides AES 256-bit encryption for secure data management.
  • 1Password's subscription model caters to businesses of all sizes with scalable solutions.

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Benefits

👶 Maternity and parental leave top up programs

👟 Wellness spending account

🏝 Generous PTO policy

💖 Company-wide wellness days off scheduled throughout the year

🧠 Complimentary Headspace membership

🩺 Comprehensive health coverage

📈 Employee stock option program for all full time employees

💸 Retirement matching program

💡 Training budget, 1Password University access, and learning sessions

🔑 Free 1Password account (and friends and family discount!)

🤝 Paid volunteer days

🌎 Employee-led DEI&B programs and ERGs

🏠 Fully remote environment

🏆 Peer-to-peer recognition through Bonusly

INACTIVE