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BlackLine

Procurement Deal Review Manager

Job Posted 6 Days Ago Reposted 6 Days Ago
Remote or Hybrid
Hiring Remotely in Bengaluru, Karnataka
Senior level
Remote or Hybrid
Hiring Remotely in Bengaluru, Karnataka
Senior level
Manage procurement negotiations and supplier relationships, conduct market analysis, and lead strategic sourcing for various categories while aligning with cross-functional teams.
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Get to Know Us:
It's fun to work in a company where people truly believe in what they're doing!
At BlackLine, we're committed to bringing passion and customer focus to the business of enterprise applications.
Since being founded in 2001, BlackLine has become a leading provider of cloud software that automates and controls the entire financial close process. Our vision is to modernize the finance and accounting function to enable greater operational effectiveness and agility, and we are committed to delivering innovative solutions and services to empower accounting and finance leaders around the world to achieve Modern Finance.
Being a best-in-class SaaS Company, we understand that bringing in new ideas and innovative technology is mission critical. At BlackLine we are always working with new, cutting edge technology that encourages our teams to learn something new and expand their creativity and technical skillset that will accelerate their careers.
Work, Play and Grow at BlackLine!
Make Your Mark:
We are seeking a highly analytical and detail-oriented Procurement Deal Review Manager to join our Procurement Team. This role is essential in ensuring effective vendor negotiations by reviewing vendor agreements, historical spend, and providing comprehensive deal analyses to our Procurement Managers. This individual will play a pivotal role in supporting procurement strategies, maintaining vendor relationships, and ensuring compliance with company policies and regulatory requirements.
You'll Get To:
  • Work closely with Procurement, Legal, Finance, Information Security, and other departments to ensure seamless coordination in vendor management activities
  • Thoroughly examine vendor contracts and identify key terms, conditions, and clauses impacting the Procurement process.
  • Conduct Deal Analysis by analyzing the financial and operational aspects of vendor deals, assessing the risk/benefits associated with each agreement and compare vendor offerings to market standards and benchmarks.
  • Prepare Negotiation Briefs by summarizing findings in clear, concise reports and provide actionable insights and recommendations for negotiations strategies.
  • Work closely with Procurement Managers to ensure all relevant info is available for strategic vendor negotiations.
  • Collect, synthesize, and summarize data from multiple sources, including historical contracts and spending records, to support data-driven decision-making.
  • Manage sourcing activity for non-technology items with low dollar spend.
  • Conduct vendor risk assessments to evaluate potential risks associated with vendor relationships, ensuring compliance with risk management standard.
  • Ensure contracts are compliant with internal policies, regulations, and company standards, and monitor contracts for renewal, expiration, or amendments.
  • Manage the routing of DocuSign agreements for approval, ensuring timely execution of contracts and agreements.
  • Conduct vendor risk assessments to evaluate potential risks associated with vendor relationships, ensuring compliance with risk management standard.
  • Develop and maintain strong, effective relationships with vendors to promote ongoing business success and support negotiations.
  • Other duties as assigned.

What You'll Bring:
  • Years of Experience in Related Field: 9+
    Education: Bachelor's degree or equivalent
    • 9+ years of experience in procurement, sourcing, data analysis, deal desk, supply chain, finance, accounting, or related roles with a focus on process management and compliance.

    Required Technical/Specialized Knowledge, Skills, and Abilities:
    • Strong understanding of Procure-to-Pay (P2P) systems and procurement processes.
    • Strong analytical skills with the ability to interpret data and provide actionable insights.
    • Ability to analyze complex issues, identify root causes, and develop practical solutions.
    • High attention to detail with a focus on ensuring accuracy and compliance in all procurements processes.
    • Excellent communication (verbal/written) skills, both at an interpersonal level and with a broader audience.
    • Ability to analyze complex issued, identify root causes and develop practical solutions.
    • Ability to manage multiple priorities in a dynamic, fast-paced environment.
    • Strong project management skills, including planning, executing, and completing procurement projects on time.
    • Ability to negotiate and manage contracts, particularly low dollar or one-time use nontechnology spend
    • Resourceful in overcoming challenges and finding innovative approaches
    Ability to work independently while collaborating effectively with cross-functional teams.

We're Even More Excited If You Have:
  • Experience with P2P platforms such as Coupa (preferred), SAP Ariba, or Oracle Procurement Cloud.

Thrive at BlackLine Because You Are Joining:
  • A technology-based company with a sense of adventure and a vision for the future. Every door at BlackLine is open. Just bring your brains, your problem-solving skills, and be part of a winning team at the world's most trusted name in Finance Automation!
  • A culture that is kind, open, and accepting. It's a place where people can embrace what makes them unique, and the mix of cultural backgrounds and varying interests cultivates diverse thought and perspectives.
  • A culture where BlackLiner's continued growth and learning is empowered. BlackLine offers a wide variety of professional development seminars and inclusive affinity groups to celebrate and support our diversity.

BlackLine is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, race, ethnicity, age, religious creed, national origin, physical or mental disability, ancestry, color, marital status, sexual orientation, military or veteran status, status as a victim of domestic violence, sexual assault or stalking, medical condition, genetic information, or any other protected class or category recognized by applicable equal employment opportunity or other similar laws.
BlackLine recognizes that the ways we work and the workplace itself have shifted. We innovate in a workplace that optimizes a combination of virtual and in-person interactions to maximize collaboration and nurture our culture. Candidates who live within a reasonable commute to one of our offices will work in the office at least 2 days a week.

Top Skills

Analytics
Contract Negotiations
Procurement Software
Strategic Sourcing
Supplier Management

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