What are the responsibilities and job description for the Procurement Lead position at Imprint?
Who We Are
Imprint is building a next-generation co-branded credit card company to serve America’s great brands. Some of our partners include H-E-B, Turkish Airlines, Brooks Brothers, and Eddie Bauer. Imprint is backed by Khosla Ventures, Kleiner Perkins, and Thrive Capital. We are focused on building a brilliant team who want to change payments and who embody our Operating Principles.
The Team
The Finance Team is responsible for executing Imprint’s financial strategy and empowering teams with insightful analysis, cross functional collaboration, and operational rigor. We work closely with our leaders, investors, Bank Partners, and merchant partners to execute company strategy and build financial discipline as we scale through our next stage of hyper-growth.
The Job
Imprint Payments, Inc. is seeking an experienced and strategic Procurement Lead to oversee and manage our procurement operations. The ideal candidate will be responsible for developing and implementing procurement strategies, managing supplier relationships, and ensuring the timely and cost-effective acquisition of goods and services essential to our operations. This role requires a proactive leader with excellent negotiation skills and a deep understanding of the financial technology industry. Additionally, the Procurement Lead will be responsible for maintaining an up-to-date and accurate vendor list within Zip, ensuring all relevant information is consistently updated. The role will also require strong cross-functional collaboration with stakeholders to manage renewal processes effectively, ensuring seamless contract extensions and supplier engagements.
Key Responsibilities
Imprint is building a next-generation co-branded credit card company to serve America’s great brands. Some of our partners include H-E-B, Turkish Airlines, Brooks Brothers, and Eddie Bauer. Imprint is backed by Khosla Ventures, Kleiner Perkins, and Thrive Capital. We are focused on building a brilliant team who want to change payments and who embody our Operating Principles.
The Team
The Finance Team is responsible for executing Imprint’s financial strategy and empowering teams with insightful analysis, cross functional collaboration, and operational rigor. We work closely with our leaders, investors, Bank Partners, and merchant partners to execute company strategy and build financial discipline as we scale through our next stage of hyper-growth.
The Job
Imprint Payments, Inc. is seeking an experienced and strategic Procurement Lead to oversee and manage our procurement operations. The ideal candidate will be responsible for developing and implementing procurement strategies, managing supplier relationships, and ensuring the timely and cost-effective acquisition of goods and services essential to our operations. This role requires a proactive leader with excellent negotiation skills and a deep understanding of the financial technology industry. Additionally, the Procurement Lead will be responsible for maintaining an up-to-date and accurate vendor list within Zip, ensuring all relevant information is consistently updated. The role will also require strong cross-functional collaboration with stakeholders to manage renewal processes effectively, ensuring seamless contract extensions and supplier engagements.
Key Responsibilities
- Develop and Implement Procurement Strategies: Design and execute procurement plans that align with Imprint's business objectives and growth plans.
- Supplier Management: Identify, evaluate, and manage relationships with key suppliers to ensure quality, cost-effectiveness, and reliability.
- Contract Negotiation: Negotiate favorable terms, pricing, and contracts with suppliers, ensuring compliance with company policies and industry regulations.
- Cross-Functional Collaboration: Work closely with internal departments, including Product Development, Finance, and Legal, to understand procurement needs and provide effective solutions.
- Risk Management: Identify potential risks in the supply chain and develop mitigation strategies to ensure business continuity.
- Process Optimization: Continuously assess and improve procurement processes to enhance efficiency, reduce costs, and support scalability.
- Market Analysis: Stay informed about market trends, emerging technologies, and best practices in procurement to drive innovation and competitive advantage.
- Education: Bachelor's degree in Business Administration, Finance, or a related field.
- Experience: A minimum of 5 years of experience in procurement.
- Skills:
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and tools, Zip
- Exceptional communication and interpersonal skills.
- Ability to work in a fast-paced, dynamic environment.
- Attention to details
- Competitive compensation and equity packages
- Leading configured work computers of your choice
- Flexible paid time off
- Fully covered, high-quality healthcare including fully covered dependent coverage
- Additional health coverage includes access to One Medical and option to enroll in an FSA/HSA
- 16 weeks of paid parental leave for the primary caregiver and 8 weeks for all new parents
- An understanding that successful remote work requires flexibility and an appreciation for asynchronous work
- Access to industry-leading technology across all of our business units — stemming from our philosophy that we should invest in resources for our team that foster innovation, optimization, and productivity
