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Senior Director, Strategic Sourcing

Company Description

Freshworks makes it fast and easy for businesses to delight their customers and employees. We do this by taking a fresh approach to building and delivering software that is affordable, quick to implement, and designed for the end user. Headquartered in San Mateo, California, Freshworks has a global team operating from 13 global locations to serve more than 65,000 companies -- from startups to public companies – that rely on Freshworks software-as-a-service to enable a better customer experience (CRM, CX) and employee experience (ITSM). 

Freshworks’ cloud-based software suite includes Freshdesk (omni-channel customer support), Freshsales (sales automation), Freshmarketer (marketing automation), Freshservice (IT service desk), Freshchat (AI-powered bots), supported by Neo, our underlying platform of shared services.

Freshworks is featured in global national press including CNBC, Forbes, Fortune, Bloomberg and has been a BuiltIn Best Place to work in San Francisco and Denver for the last 3 years. Our customer ratings have earned Freshworks products TrustRadius Top Rated Software ratings and G2 Best of Awards for Best Feature Set, Best Value for the Price and Best Relationship.

Job Description

The Senior Director, Head of Strategic Sourcing will lead a mission-driven procurement team and be a strategic business thinker with the ability to collaborate with the highest levels of the Freshworks organization. Your leadership skills should include the ability to be a long-term systems thinker, a solid negotiator, a superb project and process manager, and an inspiring leader who can hold all parties accountable to drive the desired outcomes.

Role and Responsibilities:

  • Direct and develop sourcing strategies that are aligned with Freshworks’ organizational objectives and operational goals.  Implement business strategies that drive company financial results and support growth plans.
  • Work closely with business partners including executives, legal, finance, IT and other department heads to define needs and create solutions to drive efficiencies with approval processes, contract and security reviews that will help scale the business 
  • Manage governance and control programs to ensure business continuity, protect company assets, and comply with corporate and regulatory policies.
  • Develop annual cost savings programs for leadership review, approval, and implementation.  Implement sourcing and negotiation strategies for key spend areas to achieve short and long-term savings targets.
  • Provide executive updates to direct management and regular business reviews to the Chief Financial Officer and other executives 
  • Handle global and diverse customer, supplier, or operational issues.  Exercise good business judgement within generally defined and established practices and policies.
  • Lead, coordinate, and facilitate global, cross-functional teams.  Plan, execute, and train on communication strategies to ensure accurate and timely flow of information to internal customers and stakeholders and externally to vendors.
  • Ensure systems and tools are optimized and work closely with the finance & accounting teams to drive process improvements
  • Lead, coach and develop global Strategic Sourcing Team.  Identify and organize team resources responsible for implementing spend category / strategies
  • Participate in continuous learning and professional development
  • Assist in special projects and other duties as assigned

Qualifications

  • 10+ years of procurement, or sourcing, related experience in a senior leadership capacity
  • Prior experience in a software / SaaS business model with technology purchasing experience
  • Experience and confidence working directly with C-Level Executives
  • Legal acumen as it relates to purchasing contract terms
  • Experience and familiarity with finance, storage, and sales systems including as NetSuite
  • Experience and proficiency with procurement applications, including Graphite and Netsuite for procurement, preferred
  • Analytics experience and proficiency with Microsoft Office applications
  • Experience working with a global team, across multiple time zones
  • Experience in process improvement and a track record of identifying and establishing KPIs and benchmarking metrics to drive continuous process improvement
  • Entrepreneurial-minded self-starter who takes ownership, can innovate, takes pride in their deliverables, and has superb attention to detail
  • Strong supervisory and leadership skills with the ability to effectively lead, develop and coach others
  • Ability to act autonomously working toward company goals
  • Ability to influence others; persuasively present thoughts and ideas; gain commitment and ensure support for proposed ideas
  • Strong team player with good interpersonal skills and a track record of successfully working with cross-functional business stakeholders
  • BA/BS in Accounting, Finance, Business Admin, Supply Chain, or another related field required; MBA is a plus

Additional Information

The annual base salary range for this position is $270,000 — $340,000 USD.

Compensation is based on a variety of factors including but not limited to location, experience, job-related skills, and level. Bonus/equity may be available.

Freshworks offers multiple options for dental, medical, vision, disability and life insurances. Equity + ESPP, flexible PTO, flexible spending, commuter benefits and wellness benefits are also offered. Freshworks also offers adoption and parental leave benefits.

At Freshworks, we are creating a global workplace that enables everyone to find their true potential, purpose, and passion irrespective of their background, gender, race, sexual orientation, religion and ethnicity. We are committed to providing equal opportunity for all and believe that diversity in the workplace creates a more vibrant, richer work environment that advances the goals of our employees, communities and the business.

Average salary estimate

$305000 / YEARLY (est.)
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$270000K
$340000K

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What You Should Know About Senior Director, Strategic Sourcing, Freshworks

At Freshworks, we’re on the lookout for a Senior Director, Strategic Sourcing to join our dynamic team in beautiful San Mateo, California. As we strive to deliver fantastic customer and employee experiences through our innovative software solutions, we need a strategic leader who can help guide our procurement efforts to align perfectly with our business objectives. In this role, you will have the opportunity to craft sourcing strategies that not only support our growth plans but also drive significant cost savings. You will be at the forefront of collaborating with executives across various departments, including finance and IT, creating effective solutions that enhance efficiency. Your leadership will be crucial in managing our governance programs and ensuring we comply with all regulatory policies while protecting our company assets. Moreover, you’ll be responsible for guiding our global Strategic Sourcing Team, providing mentorship and training that fosters professional development. Your expertise in software and SaaS procurement will be invaluable as you work with diverse teams across multiple time zones. If you're an entrepreneurial-minded self-starter with proven experience in elevating procurement efforts, we would love to hear from you. Join us at Freshworks, where your contributions will shape the future of our organization and help us maintain our status as a trusted partner for over 65,000 companies worldwide.

Frequently Asked Questions (FAQs) for Senior Director, Strategic Sourcing Role at Freshworks
What are the key responsibilities of a Senior Director, Strategic Sourcing at Freshworks?

The Senior Director, Strategic Sourcing at Freshworks is responsible for leading the procurement team, developing sourcing strategies that align with the company’s objectives, managing governance programs, collaborating with various departments, and driving cost savings through effective negotiation strategies.

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What qualifications are required for the Senior Director, Strategic Sourcing role at Freshworks?

Candidates for the Senior Director, Strategic Sourcing position at Freshworks should have at least 10+ years of procurement experience in a senior leadership capacity, particularly within a software or SaaS environment. A BA/BS in a related field is required, while an MBA is a plus.

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How does the Senior Director, Strategic Sourcing impact Freshworks’ financial results?

The Senior Director, Strategic Sourcing at Freshworks directly impacts financial results by implementing sourcing and negotiation strategies aimed at achieving both short and long-term savings targets, thereby enhancing profitability and supporting the company’s growth initiatives.

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What skills are important for a Senior Director, Strategic Sourcing at Freshworks?

Key skills for the Senior Director, Strategic Sourcing at Freshworks include strong leadership capabilities, exceptional negotiation skills, project and process management experience, and the ability to collaborate effectively with C-Level Executives and cross-functional teams.

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What is the work environment like for a Senior Director, Strategic Sourcing at Freshworks?

The work environment for the Senior Director, Strategic Sourcing at Freshworks is collaborative and dynamic, characterized by a commitment to diversity and inclusion, fostering an atmosphere where innovative ideas can thrive while ensuring effective communication across the global team.

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Common Interview Questions for Senior Director, Strategic Sourcing
Can you describe your experience with developing sourcing strategies?

In responding to this question, focus on specific examples from your past where you've developed and implemented sourcing strategies. Highlight how you aligned these strategies with the company’s broader objectives and what outcomes resulted from your efforts.

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How do you approach negotiations with suppliers?

When answering this question, emphasize your negotiation style, perhaps mentioning your strategy for ensuring mutual benefit, building relationships, and achieving long-term partnerships, as well as any successful outcomes from past negotiations.

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What role do you think governance plays in procurement?

Discuss how governance ensures compliance and business continuity. Elaborate on how you’ve established or improved governance processes in past roles and the impact this had on the organization.

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How do you prioritize tasks and projects within your team?

For this question, share your method for prioritizing tasks, whether it involves assessing project impact or timelines, and discuss any tools or frameworks you use to maintain focus and efficiency in achieving team goals.

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What metrics do you consider when measuring procurement success?

Identify key performance indicators (KPIs) relevant to procurement, such as cost savings, contract compliance rates, and supplier performance. Provide examples of how you’ve used these metrics to drive continuous improvement in past roles.

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Describe a time you dealt with a conflict related to procurement.

Provide a specific example of a conflict situation, your approach to resolving it, the outcome, and what you learned. This demonstrates your conflict resolution skills and ability to maintain professionalism.

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How do you ensure effective communication across global teams?

Discuss your strategies for facilitating communication across different time zones and cultures, perhaps mentioning tools you utilize or meetings you schedule, and how these practices enhance project outcomes.

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What experience do you have with procurement technologies?

Share your familiarity with procurement software and tools, such as Graphite or Netsuite, and discuss how these technologies have helped you streamline procurement processes in previous positions.

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How do you stay current with trends in procurement?

Talk about the professional development resources you utilize—such as industry publications, webinars, and networks—to remain informed about procurement practices and technology advancements.

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Can you explain your approach to supplier relationship management?

Explain how you cultivate and maintain strong relationships with suppliers, focusing on communication, trust-building, and how these relationships contribute to successful procurement outcomes.

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Freshworks makes it fast and easy for businesses to delight their customers and employees.

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Full-time, on-site
DATE POSTED
January 28, 2025

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