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Director, Procurement
Flywire
Operations
Boston, MA, USA
Posted on Dec 14, 2024
Company Description
Are you ready to trade your job for a journey? Become a FlyMate!
Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.
What more do we need to truly be unstoppable? Perhaps, that is you!
Who we are:
Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.
Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world. And, we’re just getting started!
With over 1,300+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.
Job Description
The Opportunity:
Flywire is seeking a Director of Procurement to lead and evolve our procurement function globally. Reporting to the Vice President of Treasury, Credit Risk & Procurement, this role will spearhead the development and execution of procurement strategies, focusing on optimizing vendor relationships, driving cost efficiencies, and enhancing procurement operations.
The ideal candidate is a results-oriented leader with deep expertise in global procurement practices, strategic sourcing, and supplier relationship management. Proven expertise in leading and driving transformational initiatives within procurement functions, particularly in globally scaled and complex organizations, is essential. . This role requires a strategic thinker who can thrive in a fast-paced, growth-focused environment while delivering measurable business value.
Key Responsibilities:
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Procurement Strategy:
Develop and implement a comprehensive global procurement strategy that aligns with Flywire’s business goals.
Leverage data and market insights to identify opportunities for cost savings, process improvements, and risk mitigation.
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Vendor & Supplier Management:
Build and maintain strong relationships with vendors, ensuring favorable terms and adherence to Flywire’s standards.
Negotiate complex contracts for a variety of spend categories, including technology, professional services, and indirect procurement.
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Operational Excellence:
Establish and refine procurement processes, policies, and systems to ensure scalability and compliance.
Collaborate with Finance, Legal, IT, and other key stakeholders to implement robust procurement systems (e.g., Coupa or equivalent tools).
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Cost Optimization:
Identify and implement cost-reduction initiatives while ensuring quality and service standards.
Monitor and manage budget adherence across procurement projects.
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Leadership & Development:
Build and lead a high-performing procurement team, fostering a culture of accountability, innovation, and continuous improvement.
Serve as a trusted advisor to Flywire’s leadership team on procurement-related matters.
Qualifications
Here’s What We’re Looking For:
Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or related field; MBA or equivalent experience is a plus.
Procurement professional certification, such as CPSM, CIPS, CSP or equivalent.
10+ years of progressive experience in procurement, strategic sourcing, and supplier management, preferably in a global organization.
Demonstrated success in building and optimizing procurement functions to support high-growth, global businesses.
Proven ability to negotiate complex contracts across diverse spend categories.
Expertise in procurement systems, tools, and reporting (e.g., Coupa, SAP, Oracle, or similar).
Strong analytical skills with the ability to leverage data to drive decisions and optimize procurement strategies.
Excellent interpersonal and communication skills, with a track record of influencing stakeholders at all levels.
Experience working in SaaS, FinTech, or similar industries.
Additional Information
What We Offer:
Competitive compensation, including Restricted Stock Units
Employee Stock Purchase Plan (ESPP)
Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
Dynamic & Global Team (we have been collaborating virtually for years!)
Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates
Be a meaningful part in our success - every FlyMate makes an impact
Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)
Submit today and get started!
We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.
Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.
The US base salary range for this full-time position is $134,000-$191,000 plus bonus, restricted stock units and benefits. Our salary ranges are determined by role, position level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and several other factors, including job-related skills, experience, relevant education and training. Your Talent Acquisition Partner can share more about the specific salary range for your preferred location during the hiring process.