Sr. Manager, "Spend Money Wisely"

Company: Verkada
Location: San Mateo
Posted on: November 13, 2022

Job Description:

Who We Are

At Verkada, we're rethinking what it means to be physically safe. Designed with simplicity in mind, we currently offer five product lines (video security cameras, access control, environmental sensors, alarms and visitor management), which provide seamless visibility through an integrated secure cloud-based software platform. Over 12,000+ organizations worldwide trust Verkada as their physical security layer for easier management, frictionless scalability and cutting-edge innovation. But this is just the beginning. We envision a world in which security systems feel as seamless and modern as the organizations they protect and our enterprise solution becomes a model for not just business security, but public security as well.

Responsibilities:

You will be in charge of ensuring that Verkada "spends money wisely." This is critical to a well run business! This role will be the right hand to the CFO, to whom this role reports, in rationalizing and efficiently managing vendors. It will require high energy and a dogged attitude towards ensuring that a) Verkada is thoughtful about where/how much/why we chose external vendors and b) that we get a fair deal once we decide it's important to use that vendor.

* Strategic business partnering - help business teams figure out where we should buy/build/do nothing and if we buy, how to ensure that we are getting the right solutions that scale efficiently
* Vendor deal negotiations - engagement in vendor procurement activities includingUnderstanding the business need (and saying no when it doesn't make sense)
* Market and spend analysis - Competitive biddingContract negotiationBenchmarking and financial analysis
* Ongoing strategic vendor management - develop strong relationships with suppliers and Verkada stakeholders to ensure contracts support our needs.
* Utilize scorecards and quarterly business reviews to monitor supplier performance if relevant
* Metrics - create and report on metrics around annual cost savings, efficiency gains, and sourcing on time performance
* Team - begin day 1 with our largest spend/vendors and build a team over time to scale more broadly within Verkada
* Get sh*t done: Since we're still in scrappy startup mode, there's a lot of rolling up your sleeves and getting into the weeds to drive direct impact on a daily basis. We knock out today's problems while also balancing our need to build for the long-term. We accomplish this through hard work, being clear on what's worth tackling and what's not, and ensuring a high talent bar

Requirements

* Passion for efficiency: 5+ years of experience in operations, consulting or sourcing. Indirect procurement experience not a requirement
* Raw smarts: we are looking for people with strong business acumen who can approach complex problems and solve them from start to finish.
* High attention to detail: at Verkada, we pride ourselves on first principles thinking and sweating the details as the keys to business results. This leader should excel in these areas and set a standard for others.
* Excellent modeling/analytics: you have strong modeling intuition, and a good understanding of how to bring a modeling framework to vendor negotiations
* Flexibility: you are comfortable working in a fast-paced startup environment that will require you to manage competing priorities, pivot quickly and often, mentor brilliant (but inexperienced) talent junior in their career, and continually build new processes as the company scales.
* High academic achievement from a leading university - Top tier MBA a plus

Perks & Benefits

* Generous company paid medical, dental & vision insurance coverage
* Unlimited paid time off & 11 companywide paid holidays
* Wellness allowance
* Commuter benefits
* Healthy lunches and dinners provided daily
* Paid parental leave policy & fertility benefits

Verkada is an equal opportunity employer. We strive to be a welcoming place for everyone, and we do our best to make sure all people feel supported and connected at work. A big part of that effort is support for members and allies of our internal communities like Women at Verkada, Pride at Verkada, Multicultural at Verkada and Parents at Verkada.

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