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Senior Director Procurement

Payoneer’s mission is to enable businesses of all sizes from anywhere in the world to access the rising, global economy by enabling them to transact globally as easily as they do locally. Life at Payoneer is a global community, where you’ll work with colleagues all over the world, serving small- and medium-sized business customers and partners in over 190 markets. 


The Senior Director Procurement  will lead and oversee the global indirect procurement strategy for a FinTech company operating across multiple entities.

This role will be responsible for optimizing procurement operations, driving cost efficiencies, ensuring compliance, and enhancing supplier relationships.

The ideal candidate will be a strategic leader with deep expertise in global sourcing, contract negotiations, procurement technology, and risk management, capable of managing a geographically distributed team.

 

What you’ll be spending your time on: 

  • Develop and execute a global indirect procurement strategy aligned with the company’s financial and operational objectives.
  • Manage and enforce procurement policies, governance, and compliance frameworks.
  • Lead and manage a global team of procurement professionals across multiple regions.
  • Maintain procurement best practices across multiple entities to optimize cost, quality, and supplier performance.
  • Manage and supervise procurement automation and digital transformation, ensuring seamless procurement operations.
  • Partner with finance, legal, IT, HR, and other business units to align procurement with company-wide goals.
  • Develop and maintain strong supplier relationships, ensuring strategic partnerships that deliver value.
  • Oversee global contract negotiations, renewals, and compliance, ensuring favorable terms.
  • Manage supplier risk management initiatives to mitigate operational and financial risks.
  • Implement data-driven decision-making for procurement activities to enhance efficiency and visibility.

 

Have you done this kind of stuff? 

  • 10+ years of procurement experience, with at least 5+ years in a senior leadership role.
  • Extensive experience managing indirect procurement in a FinTech, technology, or financial services environment.
  • Proven expertise in global sourcing, supplier negotiations, and contract management.
  • Strong understanding of procurement technology, digital procurement tools, and automation platforms.
  • Experience leading a global team and managing procurement across multiple entities.
  • Deep knowledge of procurement compliance, risk management, and regulatory requirements.
  • Strong analytical and financial acumen with experience in spend management and cost reduction strategies.
  • Excellent leadership, stakeholder management, and cross-functional collaboration skills.
  • Experience with procurement in a fast-scaling environment.
  • Familiarity with ERP and procurement software – Coupa, Zip and Microsoft Dynamics BC.
  • MBA or relevant procurement certifications (CPSM, CIPS, etc.).


    #LI-Hybrid 

    #LI-MN1

 

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Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

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What You Should Know About Senior Director Procurement, Payoneer

Are you ready to take on a leadership role that makes a real difference? Payoneer, a team that thrives on innovation and collaboration, is on the lookout for a Senior Director of Procurement to join our vibrant community in Petach Tiqva, Israel. In this pivotal role, you’ll be spearheading our global indirect procurement strategy, helping businesses of all sizes transact effortlessly around the globe. Your day-to-day will involve optimizing procurement operations while building strong relationships with suppliers to ensure we’re getting the best deals possible. You’ll lead a geographically diverse team, driving initiatives that enhance compliance, cost efficiency, and supplier performance. If you have extensive experience in global sourcing and contract negotiations within the FinTech, technology, or financial services space, this role is perfect for you. You’ll work alongside key departments like finance, HR, and IT, ensuring procurement aligns seamlessly with our overarching company goals. With a focus on data-driven decision-making and procurement technology, you’ll implement processes that bring transparency and efficiency to our operations. If you’re passionate about leading teams toward success and have the experience to back it up, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Director Procurement Role at Payoneer
What are the responsibilities of a Senior Director Procurement at Payoneer?

As a Senior Director Procurement at Payoneer, your primary responsibilities will include developing and executing a global indirect procurement strategy that aligns with the company's objectives. You'll manage procurement policies and governance frameworks while leading a global procurement team. Enhancing supplier relationships, overseeing contract negotiations, and implementing procurement automation are key tasks, along with managing supplier risk initiatives.

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What qualifications are needed for the Senior Director Procurement position at Payoneer?

To qualify for the Senior Director Procurement role at Payoneer, candidates should have 10+ years of procurement experience, including at least 5+ years in a senior leadership position. A deep understanding of global sourcing, contract management, and procurement technology is crucial. Additionally, experience with relevant software like Coupa or Microsoft Dynamics BC, along with an MBA or certifications like CPSM or CIPS, is highly desirable.

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What does the ideal candidate for the Senior Director Procurement role at Payoneer look like?

The ideal candidate for the Senior Director Procurement role at Payoneer will be a strategic leader with extensive experience in indirect procurement, particularly in FinTech or technology environments. They will possess strong analytical skills, excellent stakeholder management abilities, and a profound competence in procurement compliance and risk management. Familiarity with procurement digital tools is essential for driving innovation in this role.

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How does the Senior Director Procurement contribute to Payoneer's global operations?

The Senior Director Procurement plays a critical role in Payoneer’s global operations by optimizing procurement processes across multiple regions. This position is essential for developing strong supplier relationships and ensuring compliance with procurement policies. The director's work aids in cost efficiencies, allowing Payoneer to maintain its competitive edge in the FinTech industry while supporting the growth of small and medium businesses worldwide.

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What tools and technologies are expected to be used by the Senior Director Procurement at Payoneer?

The Senior Director Procurement at Payoneer will use various procurement technologies to enhance efficiency and automation in the procurement process. Familiarity with tools such as Coupa, Zip, and Microsoft Dynamics BC is preferred, as these systems will assist in managing procurement operations seamlessly and effectively across global teams.

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Common Interview Questions for Senior Director Procurement
What strategies would you implement to optimize procurement operations at Payoneer?

In answering this question, highlight your experience with developing procurement strategies that focus on cost savings, supplier relationship management, and compliance. Discuss specific methods such as automating procurement processes or leveraging data analytics to inform decision-making.

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Can you describe your experience with supplier negotiations?

When addressing supplier negotiations, share examples of successful negotiations you’ve led, detailing your approach and the outcomes. Emphasize the importance of building strong relationships and how they can lead to favorable terms and long-lasting partnerships.

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How do you manage a geographically distributed procurement team?

For this question, discuss your leadership style and tools you use to maintain communication and collaboration among team members. Mention the significance of regular check-ins, clear expectations, and leveraging technology for virtual collaboration.

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What does procurement compliance mean to you?

Define procurement compliance in your own words, discussing its importance in reducing risks and ensuring that best practices are followed. Provide examples of how you have implemented compliance frameworks in prior roles to maintain transparency and integrity in procurement operations.

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How do you approach cost management and efficiency in procurement?

Explain your approach to analyzing spend data, identifying areas for savings, and implementing strategies to trim costs without sacrificing quality. Mention specific cost-reduction initiatives you've executed in the past.

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What challenges have you faced in procurement, and how did you overcome them?

Share specific challenges related to procurement, such as supply chain disruptions or compliance issues, and detail the actions you took to address them. Highlight your problem-solving skills and resilience in overcoming obstacles.

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Can you detail your experience with procurement technology?

Discuss your proficiency with procurement technology and how you've utilized it to enhance operations. Mention specific platforms and tools you’ve used, detailing how they improved procurement efficiency and visibility.

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What role does data play in your procurement strategy?

Describe how you leverage data analytics to inform your procurement decisions. Share examples of key metrics you track and how data influences your strategy for cost management and supplier performance.

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How do you ensure strong supplier relationships?

Articulate your approach to building and maintaining supplier relationships, emphasizing communication, trust, and collaboration. Provide instances where strong relationships led to successful procurement outcomes.

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What is your experience leading a team in a fast-scaling environment?

Elaborate on your experience in managing procurement teams during rapid growth phases. Discuss the strategies you used to maintain performance, culture, and efficiency while adapting to the evolving needs of the business.

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Payoneer is one of the world’s largest digital payments platforms transforming the way businesses send and receive cross-border payments. If you’ve ever sold something on Amazon, rented your apartment on Airbnb, given someone a ride using Waze Car...

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Full-time, hybrid
DATE POSTED
March 21, 2025

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