Strategic Sourcing Manager, Technology

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Okta is The World’s Identity Company. We free everyone to safely use any technology—anywhere, on any device or app. Our Workforce and Customer Identity Clouds enable secure yet flexible access, authentication, and automation that transforms how people move through the digital world, putting Identity at the heart of business security and growth.

At Okta, we celebrate a variety of perspectives and experiences. We are not looking for someone who checks every single box - we’re looking for lifelong learners and people who can make us better with their unique experiences.

Join our team! We’re building a world where Identity belongs to you.

Okta is looking for an experienced Technology Sourcing Manager to join our energetic Strategic Sourcing team to support and be part of Okta’s continued growth. You will have an opportunity to directly lead a team of 1-2 Category Managers and work with offshore procurement resources (as needed). You will have a chance to lead the Sourcing initiatives for categories including Software (SaaS), IT Hardware, Cloud Services & Data center, Telecom etc.

The responsibilities of this role will include developing and executing Category Sourcing Strategies to drive down cost, conduct strategic sourcing events (including RFPs) and negotiating acceptable terms and conditions with Okta’s suppliers. The position will perform data analytics and work collaboratively with senior stakeholders and other Strategic Sourcing team members to meet stakeholder requirements, create value, ensure process compliance, and generate negotiated cost savings and avoidances. Experience with high value/complex contract negotiations & management and senior level stakeholder relationship management is required. The candidate in this role is expected to build relationships with internal business partners working with cross-functional groups to support negotiations, risk mitigation and supplier management.

If you have experience leading complex, high-value sourcing projects & contract negotiations for the above listed categories, we look forward to hearing from you!

This position will be remote. You will report to the Sr. Director of Strategic Sourcing & Procurement.

Responsibilities:

• Proactively develop cost savings category sourcing strategies while supporting business initiatives.
• Gather business and technical requirements and produce needed documentation to run RFx events.
• Develop internal presentations and business case to support management approvals of multi-year

supplier agreements.

• Provide economic analysis of supplier proposals and various internal management inquiries for existing

or potential supplier expenditures. Identify and detail both internal and external risks associated with

technology purchase transactions.

• Work with internal partners to identify risks and dependencies and address them via both operational

and contractual means.

• Work with Finance, Legal, Security, Privacy, and other subject matter authorities within Okta to ensure

that the policies and procedures and followed and met.

• Build effective, strategic relationships with the business units/stakeholders, suppliers, and cross-

functional teams.

• Lead and support all aspects of the strategic sourcing process, including RFx, supplier evaluations, and

day-to-day commercial contract negotiations and projects.

• Drive supplier performance review meetings with key suppliers and provide input on performance and

future needs/strategic planning.

• Measure supplier performance against contract Service Level Agreements and expectations, manage

any remediation as required.

• Use experience and industry expertise to find opportunities to optimize cost, improve service and other

efficiency opportunities.

• Drive M&A activity from Strategic Sourcing’s perspective, i.e. contract novation and consolidation.
• Provide input for areas of opportunity and make recommendations where applicable for projects, departments, or across the company for operational improvements and efficiencies.
• Communicate proactively with internal and external partners.
• Conduct spend analytics to identify areas of opportunity for streamlining and consolidation of spend.

Requirements:

• 8+ years of shown experience in Sourcing and Procurement of Technology (Hardware, Software [SaaS], Cloud, Telecom etc.), Category Management, Strategic Sourcing, Consulting, Vendor Management, Risk Management and/or Procurement in a large, global company environment (required)
• Flexible and adaptable in handling/implementing change and understands how that change will affect
• Bachelor’s degree in business or related field
• Strong negotiation skills and understanding of contract law and risks
• Ability to develop and present data drive concise analysis to the management
• Expertise in sourcing policy, procedures, and processes

the team, internal Business Partners, and vendors

• Ability to be responsible for multiple projects and work in a demanding environment with tight target

dates

• The ability to lead cross-functional teams and build category management plans that improve value and

mitigate risks while ensuring internal partners’ requirements are met

• Shown record of building effective working relationships with senior level business colleagues and

internal/external partners

• Initiative-taker, able to balance multiple projects and succeed in a dynamic, demanding environment

with minimal direction

• Strong analytical, problem solving and risk assessment skills; proficiency in MS Office suite (Excel,
• Experience working in SCOUT/Workday Strategic Sourcing, COUPA is a plus

PowerPoint etc.)

• Travel as needed

Okta’s Top 5 Core Leadership Competencies are part of the deeply ingrained principles that guide all of our company’s actions. They also align strongly to our cultural cornerstones, our Okta values: love our customers, empower our people, never stop innovating, act with integrity, and maintain transparency. It’s our expectation that our managers and leaders embody these core competencies:

• Drives Results: Consistently achieving results, even under tough circumstances.
• Develops Talent: Developing people to meet both their career goals and the organization’s goals.
• Builds Effective Teams: Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
• Strategic Mindset: Seeing ahead to future possibilities and translating them into breakthrough strategies.
• Demonstrates Self-Awareness (EQ): Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.

Below is the annual base salary range for candidates located in California, Colorado, New York and Washington. Your actual base salary will depend on factors such as your skills, qualifications, experience, and work location. In addition, Okta offers equity (where applicable), bonus, and benefits, including health, dental and vision insurance, 401(k), flexible spending account, and paid leave (including PTO and parental leave) in accordance with our applicable plans and policies. To learn more about our Total Rewards program please visit: https://rewards.okta.com/us.

The annual base salary range for this position for candidates located in California (excluding San Francisco Bay Area), Colorado, New York, and Washington is between:

$122,000—$165,000 USD

The annual base salary range for this position for candidates located in the San Francisco Bay area is between:

$135,000—$182,000 USD

What you can look forward to as an Okta employee!

• Amazing Benefits
• Fostering Diversity, Equity, Inclusion and Belonging at Okta
• Making Social Impact

Okta cultivates a dynamic work environment, providing the best tools, technology and benefits to empower our employees to work productively in a setting that best and uniquely suits their needs. Each organization is unique in the degree of flexibility and mobility in which they work so that all employees are enabled to be their most creative and successful versions of themselves, regardless of where they live. Find your place at Okta today! https://www.okta.com/company/careers/.

Okta is an Equal Opportunity Employer/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, marital status, age, physical or mental disability, or status as a protected veteran. We also consider for employment qualified applicants with arrest and convictions records, consistent with applicable laws. If reasonable accommodation is needed to participate in the job application or interview process, please use this Form to request an accommodation.

Okta is committed to complying with applicable data privacy and security laws and regulations. For more information, please see our Privacy Policy at https://www.okta.com/privacy-policy/.