About Opendoor
Founded in 2014, Opendoor’s mission is to empower everyone with the freedom to move. We believe the traditional real estate process is broken and our goal is simple: build a digital, end-to-end customer experience that makes buying and selling a home simple, certain and fast. We have assembled a dedicated team with diverse backgrounds to support more than 100,000 homes bought and sold with us and the customers who have selected Opendoor as a trusted partner in handling one of their largest financial transactions. But the work is far from over as we continue to grow in new markets. Transforming the real estate industry takes tenacity and dedication. It takes problem solvers and builders. It takes a tight knit community of teammates doing the best work of their lives, pushing one another to transform a complicated process into a simple one. So where do you fit in? Whether you’re passionate about real estate, people, numbers, words, code, or strategy -- we have a place for you. Real estate is broken. Come help us fix it.
About the Team
This senior role will be part of the Opendoor Procurement function, reporting into the Head of Procurement and will be responsible for leading the indirect sourcing team in delivering commercial and non-commercial value across a large number of indirect categories including software, infrastructure, consulting, marketing and HR. The successful candidate will be a self-motivator with a desire to work collaboratively with the Head of Procurement, peers and direct reports to further develop a world-class Procurement function. This role has the option to be permanently remote or you may choose to work from one of the company's offices (Atlanta, Dallas, Phoenix).
Role Responsibilities:
Lead the indirect sourcing team responsible for strategic sourcing across IT (SaaS, cloud, Infrastructure, and hardware), Marketing, HR, and Professional Services in delivering negotiations and competitive bids to achieve maximum value for Opendoor
Execute indirect category strategies for global initiatives incorporating market evaluations, RFPs, supplier negotiations, contract implementation and performance against established metrics.
Build strong partnerships with internal stakeholders and cross-functional teams to identify and capture opportunities to source collaboratively. Partner with business to deliver YoY cost reductions.
Drive complex contract negotiations and defend/maintain/advocate for Opendoor’s positions with vendors and outside third parties
Work closely with and align with legal and finance to communicate risks/opportunities and alternative solutions with stakeholders
Support the Head of Procurement in further developing the indirect sourcing function within Opendoor by contributing to the design and execution of category plans, Vendor Lifecycle Management processes, policies, and procedures
Manage and develop a team of procurement professionals, including but not limited to category managers and procurement buying leads.
Establish preferred suppliers and facilitate their use across all categories. Develop deep relationships with strategic suppliers to deliver performance management and innovative solutions
Contribute to and own procurement data analytics, including but not limited to dashboards, KPIs, and market indicators. This role will have a high acumen for data driven decisions
Be a champion for Procurement across Opendoor. Train and mentor sourcing team members, communicate the value proposition of Procurement across a broad range of stakeholders and lead efforts to elevate general Procurement IQ across Opendoor
Skills Needed:
Deep understanding and intellectual curiosity for Procurement operations, strategies and technologies
Experience in developing, and executing procurement category strategies, including ability to conduct data driven analysis of spend and contracts to identify opportunities
Proven experience in negotiating cost savings across a broad range of categories, including SaaS, cloud, consulting and HR
Experience in developing and implementing Procurement processes across sourcing, P2P and vendor management
Ability to influence and build rapport with senior stakeholders to establish strategic relationships generating YoY sourcing opportunities
Savvy with contract negotiations and comfortable defending difficult positions/engaging in discussions with outside parties
Some familiarity with data privacy and data security matters applicable to the tech industry - Proven experience in leading, coaching and mentoring junior members of the team to elevate and expand the sourcing value they can deliver
Bachelor's degree is required, MBA or further advanced degree is desirable
A minimum of +7 years of professional experience
Proven ability with core vendor lifecycle management skills e.g., sourcing & negotiation (direct negotiation and competitive bid), supplier management and performance, supply market analysis, category management
Multi-indirect category experience across different geographies
Adaptable and willing to work in a changing environment where continual process improvement is expected
Must be able to communicate clearly and effectively both verbal and in writing with all levels across all business functions
Bonus Points if:
MBA or further education
Direct spend/category experience across multiple cities and states
Location:
Remote roles in the US are available in all states EXCEPT Hawaii, Alaska, Montana, or any US Territories. While this role is remote, there is a strong preference for Atlanta, Dallas/Ft. Worth, or Phoenix.
Compensation:
Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The U.S. pay range for this position is $98,400 - $166,800 Max annually. Pay within this range varies by work location and may also depend on job-related knowledge, skills, and experience. Your recruiter can share more about the specific salary range for the job location during the hiring process. We also offer a comprehensive package of benefits including paid time off, 12 paid holidays per year, medical/dental/vision insurance, basic life insurance, and 401(k) to eligible employees.
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