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Vimeo // platform for watching, uploading & sharing videos
 
New York City    Posted: Tuesday, July 23, 2019
 
   
 
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JOB DETAILS
 

Vimeo is looking for a Procurement Manager to join our Finance team & take ownership of procurement, vendor management & the day to day ownership of operating expenses. In this role, you will assist Finance leadership & actively partner with all current vendor managers on the procurement process relating to new or renewing vendor relationships. This role is highly visible within Vimeo & requires a comprehensive understanding of each functional area so as to leverage available analysis & insights into each & every vendor contract that Vimeo enters into & dollar we spend.

What you'll do:

  • Evaluate & improve Vimeos overall approach to procurement:
    • Develop a procurement strategy across Vimeo to deliver targeted benefits & financial savings, ensure Vimeo has the most favorable rates & terms, & work with Legal through the execution of the contract
    • Evaluate & improve the processes & systems for effective procurement
    • Interface with department heads & associated stakeholders to support their strategic objectives, as well as to identify & prioritize cost-savings & efficiency opportunities cross functionally
  • Build & leverage a strong supplier network:
    • Develop a clear & consistent RFP (Request for Proposals) process for all supplier negotiations
    • Develop strategies & identify risks associated with the main purchasing categories that support the business needs
    • Conduct regular category reviews to drive improved outcomes for the business
    • Harness vendor expertise, as well as conduct due diligence on technology trends that provide solutions to meet the companys changing business needs and/or requirements
    • Define & manage key supplier relationships to deliver breakthrough performance in cost, service & quality
  • Negotiations & vendor management:
    • Conduct RFPs & use sourcing tools (i.e., bid processes, benchmarks, or competitive market data) to drive savings, company efficiencies, & service improvements
    • Lead the negotiations on nearly all Vimeo vendor contracts & partner with senior leadership on select high value, strategic relationships
    • Partner with IAC & its affiliates in cross collaborative negotiations with shared vendors
    • Respond to & address vendor service and/or quality related issues to mitigate negative impact on the company & operating metrics
  • Own & manage monthly expense reporting:
    • Own & manage the monthly budget vs. actuals meetings with leadership & their respective teams
    • Own the master Operating Expense model & partner with Accounts Payable on monthly accruals ensuring all expenses & proper timing is accounted for in the monthly close
    • Own the annual budgeting process as it relates to Operating Expenses across Vimeo
    • Produce regular reports on performance & provide comprehensive management information & in-depth analysis when requested, including spend analysis, savings secured & potential savings

Skills & knowledge you should possess:

  • Minimum of 5+ years of progressive responsibility in procurement & vendor management with strong operational background & demonstrated expertise managing rapid scale
  • Bachelors degree required; procurement continuing education a plus
  • Experience working with & procuring for technology companies
  • Core understanding of software & technology licensing, SaaS, seat/usage based models, etc
  • Excellent negotiation skills & willingness to be aggressive with vendors of all sizes
  • Strong business & financial acumen & deep understanding of contracts & legal terms
  • Strong verbal & written communication skills, & impeccable attention to detail
  • Ability to influence people without a direct reporting relationship; executive presence required
  • Develop strong partnerships with Accounts Payable & Legal teams
  • Ability to multi-task, work under pressure & meet tight deadlines
  • Highest level of personal integrity in handling privileged & confidential information

About us:

At Vimeo, our mission is to empower video creators to tell exceptional stories & connect with their audiences & communities. Home to more than 90 million members in over 150 countries, Vimeo is the worlds largest ad-free open video platform, providing powerful tools to host, share & sell videos in the highest quality possible.

We work hard to enable creators of all kinds to succeed, & to that end, we prioritize attracting diverse talent & cultivating an inclusive environment that encourages collaboration & creativity. Were committed to building a company & a community where people thrive by being themselves & are inspired to do their best work every day.

Vimeo is based in New York City, with additional offices in Europe & India. Vimeo is an operating business of IAC (NASDAQ: IAC). Learn more at www.vimeo.com.

 
 
 
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