Stripe · 6 hours ago
Strategic Sourcing Manager - Tech
San Francisco, CA
Full-time
Hybrid
Senior Level, Lead/Staff
$130K/yr - $194K/yr
8+ years expStripe is a financial infrastructure platform for businesses, aiming to increase the GDP of the internet. They are seeking a Strategic Sourcing Manager to join their Procurement team, focusing on establishing trusted relationships in the technology space and driving organizational transformation through strategic sourcing and procurement activities.
FinanceFinTechMobile PaymentsSaaS
Responsibilities
Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols
Conduct market research and analysis to inform category strategies and stay ahead of industry trends
Be an active champion across the company supporting our third party risk programs and fiscal initiatives when engaging in Procurement activities
Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness
Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals
Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripes recognize and value
Qualification
Required
A minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field
Demonstrated ability to develop and implement strategic sourcing and category management strategies
Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross-functional and internal team members
Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders
Demonstrated experience successfully partnering with cross-functional stakeholders
Preferred
Solution-oriented mindset with enthusiasm for establishing best practice
Self-disciplined, diligent, proactive and detail oriented
Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment
Strategic mindset with the ability to make sound business decisions based on data and analytics
Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
Familiarity with the fintech industry and its supply chain and procurement challenges
Benefits
Equity
Company bonus or sales commissions/bonuses
401(k) plan
Medical, dental, and vision benefits
Wellness stipends
Company
Stripe
Stripe is an API technology company that provides online payment processing and commerce solutions for Internet businesses.
5001-10000 employees
H1B Sponsorship
Stripe has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (272)
2024 (283)
2023 (141)
2022 (379)
2021 (276)
2020 (111)
Funding
Current Stage
Late StageTotal Funding
$9.44BKey Investors
Tiger Global ManagementThrive CapitalFounders Fund
2025-02-27Secondary Market
2024-04-12Secondary Market· $694.16M
2024-03-01Series Unknown
Leadership Team
David Singleton
CTO
Steffan Tomlinson
CFO
Recent News
2025-12-30
2025-12-30
Company data provided by crunchbase