Sr Manager, Procurement

About 1Password:

We all have important information we need to manage, and protecting it should be easy. Over 150,000 businesses and millions of people log in to 1Password to unlock smart, simple access to everything they care about. Our vision is to create a safer, simpler digital future for everyone, and our culture values simplicity, honesty and a human-centric approach to solving problems. Come help us unlock peace of mind so everyone can stay safer online.

The Senior Manager of Procurement plays a key role in developing and executing procurement strategies aligned with the company's goals. You will manage procurement activities, vendor relationships, and contribute to the execution of policies that drive cost-effective purchasing and compliance. In this role, you will oversee procurement processes, provide leadership to the team, and collaborate closely with cross-functional teams to ensure procurement objectives are met efficiently and effectively.

This is a remote opportunity within Canada and the US.

• 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.
• Experience with software rationalization and technology procurement is highly preferred.
• 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.

• Strategic Procurement Management:
• 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. 
• Vendor Relationship Management:
• 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.
• Cross Collaboration:
• 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.
• Process and Policy Development:
• 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.
• Cost Control, Savings and Reporting:
• 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.
• Systems and Tooling:
• 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. 

USA-based roles only: The annual base salary for this role is between $154,000 USD and $208,000 USD, plus immediate participation in 1Password's benefits program (health, dental, 401k and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs.

Canada-based roles only: The annual base salary for this role is between $132,000 CAD and $178,000 CAD, plus immediate participation in 1Password’s generous benefits program (health, dental, RRSP and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs.

At 1Password, we approach each individual's compensation with a promise of fair market value and internal equity commensurate with experience and specific skill set.

We believe in the power of remote work, but we also recognize that in-person connection is sometimes important to help us achieve our mission. While we are a remote-first company, occasional travel for in-person engagement will be a part of this role. Frequency will depend on role and responsibilities, and may include, but is not limited to, annual department-wide offsites, team meetings, and customer/industry events. These events will typically be held in varying locations across Canada and the US.

What we offer:

We believe in working hard, and resting hard. We’re always looking for new ways to support our team members, but here’s a glance at what we currently offer:

Health and wellbeing

> 👶 Maternity and parental leave top-up programs

> 👟 Wellness spending account

> 🏝 Generous PTO policy 

> 💖 Company-wide wellness days off scheduled throughout the year 

> 🧠 Wellness Coach membership

> 🩺 Comprehensive health coverage

 Growth and future 

> 📈 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!) 

Flexibility and community

> 🤝 Paid volunteer days 

> 🌎 Employee-led DEIB programs and ERGs and ECGs

> 🏠 Fully remote environment

> 🏆 Peer-to-peer recognition through Bonusly

You belong here.

1Password is proud to be an equal opportunity employer. We are committed to fostering an inclusive, diverse and equitable workplace that is built on trust, support and respect. We welcome all individuals and do not discriminate on the basis of gender identity and expression, race, ethnicity, disability, sexual orientation, colour, religion, creed, gender, national origin, age, marital status, pregnancy, sex, citizenship, education, languages spoken or veteran status. Be yourself, find your people and share the things you love.

Accommodation is available upon request at any point during our recruitment process. If you require an accommodation, please speak to your talent acquisition partner or email us at nextbit@agilebits.com and we’ll work to meet your needs.

Remote work is a part of our DNA. Given that our company was founded remotely in 2005, we can safely say we're experts at building remote culture. That said, remote work at 1Password does mean working from your home country. If you've got questions or concerns about this, your talent partner would be happy to address them with you.

Successful applicants will be required to complete a background check that may consist of prior employment verification, reference checks, education confirmation, criminal background, publicly available social media, credit history, or other information, as permitted by local law.

1Password uses an automated employment decision tool as a part of the recruitment process. See the latest bias audit information. A reasonable accommodation, reasonable alternative selection process, appeal or to exercise your right to opt-out of AADM may be requested by emailing nextbit@agilebits.com with subject "AI accommodation request". For additional information see our Candidate Privacy Notice.