Sr. SaaS Sourcing Manager Job at Cypress HCM, Menlo Park, CA

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  • Cypress HCM
  • Menlo Park, CA

Job Description

Sr. SaaS Sourcing Manager

Build the future of data. Join our team.

We are seeking an experienced Senior Strategic Sourcing Manager to lead enterprise-wide sourcing initiatives and contract negotiations for Software and SaaS solutions. In this role, you will collaborate with key stakeholders across Technology, Finance, and HR teams to drive cost optimization, enhance service quality, and ensure risk mitigation in supplier agreements.

Responsibilities:

AS A SR. SOURCING MANAGER FOR SAAS AT SNOWFLAKE, YOU WILL:

  • Lead complex sourcing initiatives and contract negotiations for Software and SaaS solutions, ensuring alignment with business objectives.
  • Create and manage the RFx processes for complex products and services from strategic requirements to solution evaluation and formal award
  • Develop and execute supplier negotiation strategies to maximize buying power, optimize costs, and enhance service quality while mitigating risks.
  • Collaborate with cross-functional teams, including IT, finance, security, and legal to ensure all contract controls and protections are in place
  • Drive cost savings and cost avoidance by proactively identifying new opportunities, such as consolidation opportunities, license optimization and multi-year agreements
  • Manage strategic supplier relationships to ensure performance, cost efficiency, and contractual compliance.
  • Conduct market research, analyze industry trends, and identify new sourcing opportunities.
  • Implement procurement best practices and optimize Software and SaaS spend.

Requirements:

OUR IDEAL SR. SOURCING MANAGER FOR SAAS WILL HAVE:

  • Bachelor’s degree in business, Supply Chain, Finance, or a related field (MBA or relevant certifications such as CPSM or CIPS are a plus).
  • 10+ years of experience in strategic sourcing, procurement, or vendor management, with a strong focus on Software and SaaS solutions.
  • Deep understanding of SaaS licensing models, pricing structures, and legal considerations.
  • Strong analytical, problem-solving, organizational and decision-making skills.
  • Excellent negotiation, stakeholder management, and communication skills.
  • Ability to manage multiple priorities in a dynamic, fast-paced environment.
  • Proven experience collaborating with global teams and cross-functional stakeholders.
  • Excellent written and verbal communications skills and demonstrable experience in preparing presentations to financial and business leaders
  • Keen understanding of a wide array of IT contract forms including SaaS, Software licensing, Hardware maintenance, MNDA, MSA, DPA & SOW's

Compensation:

  • Up to $105.77/hour (W2)

Req# 297

Job Tags

Contract work,

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