Abacus Group · 20 hours ago
Director of Procurement
Abacus Group is a fast-growing, private equity–backed IT managed services provider serving healthcare and financial services organizations. The Director of Procurement will lead the development of a global procurement function, focusing on strategic leadership, procurement operations, vendor management, and team development to enhance client experience and operational efficiency.
Information Technology & Services
Responsibilities
Define and execute a global procurement strategy aligned to managed services delivery
Transition procurement from a reactive ordering function into a proactive, data-driven service capability
Establish procurement as a trusted internal partner across engineering, finance, service delivery, sales, security, and operations
Lead procurement integration efforts across mergers and acquisitions, rationalizing vendors, contracts, tools, and teams
Oversee end-to-end procurement for client hardware, software, cloud services, and licensing across a global client base
Build scalable, standardized procurement workflows that balance speed, accuracy, margin protection, and client experience
Own inventory strategy and controls across multiple physical locations, ensuring visibility, accountability, and optimization
Lead the implementation and optimization of procurement workflows within ServiceNow and related platforms
Lead post-merger integration of different procurement teams, processes and systems
Establish and grow a centralized software and license management capability, embedded within service delivery
Ensure licenses are accurately procured, tracked, renewed, and billed across client environments
Integrate license management systems with finance (billing), CRM, and ITSM platforms to enable lifecycle visibility and automation
Reduce client risk and internal friction through consistent license governance and compliance
Own strategic vendor relationships, including contract negotiations, renewals, pricing frameworks, and performance management
Reduce vendor sprawl and complexity through rationalization and preferred partner strategies
Partner with finance and executive leadership to improve procurement margin, predictability, and cost controls
Collaborate with the Director of Product Management to operationalize new and updated services
Ensure vendors align with healthcare and financial regulatory expectations, security requirements, and service standards
Lead, mentor, and scale a high-performing procurement organization
Assess current team structure and capabilities; reorganize or upskill as needed to support future growth
Establish clear roles, operating rhythms, KPIs, and accountability across the team
Foster a culture of ownership, continuous improvement, and service-minded execution
Qualification
Required
12–18+ years of progressive experience, including senior leadership roles in procurement, vendor management, or commercial operations
Demonstrated success building or transforming procurement organizations within IT services, MSPs, SaaS-enabled services, or complex technology-driven environments
Experience operating outside of traditional VAR models, with a strong understanding of managed services economics and recurring revenue structures
Proven ability to lead procurement through periods of scale, complexity, and M&A integration
Deep experience negotiating and governing hardware, software, cloud, and licensing agreements at enterprise scale
Strong understanding of regulatory, security, and compliance considerations in healthcare and/or financial services environments
Executive-level communication skills with the ability to influence across finance, operations, sales, service delivery, and executive leadership
Comfortable being accountable for outcomes, not just processes, in a fast-moving, PE-backed environment
Benefits
Competitive compensation and performance-based incentives
Comprehensive benefits package including medical, dental, vision, disability, life insurance, 401(k), and PTO
Exposure to a broad range of technologies, vendors, and global operations
Career growth opportunities within a high-performing, investor-backed organization
Collaborative, high-accountability culture focused on outcomes and continuous improvement
Company
Abacus Group
Abacus Group is a global IT and cybersecurity managed service provider offering a one-stop shop for financial services firms to manage all of their IT and security needs.
Funding
Current Stage
Late StageLeadership Team
Recent News
2024-04-13
2024-04-10
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