Toast
We power successful restaurants.
Boston, MA

Director of Procurement

Sorry, this job was removed at 11:12 a.m. (EST) on Saturday, March 21, 2020
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Bready to make a change? 

The Director of Procurement will lead the development of a corporate-wide procurement strategy including policy and long-term cost structure goal development. The Director will act as a leader, coach and player across all facets of the procurement lifecycle; “rolling up the sleeves” as we build out a team. The Director will drive the implementation of procurement best practices and transformation activities, including identification and realization of cost-saving and cost-reduction opportunities to align with the company's mission and stakeholder needs.

About this roll*: 

  • Lead the development and execution of our sourcing and procurement strategies to ensure we meet our business goals and financial targets 
  • Partner cross-functionally within Toast to identify and forecast business needs and create highly effective strategic vendor, contract, and negotiation programs 
  • Oversee Procure to Pay program to ensure compliance and help scale in a fast paced environment with improved processes and automation
  • Build a high performing procurement team and provide supervision, training, coaching and feedback to improve performance in meeting individual and functional goals
  • Create and implement Procurement and Supply Chain KPI’s to measure performance and monitor macro trends in supplier and contract base to address cost and supply risks and opportunities
  • Manage and continuously improve vendor relationships to drive value for the business
  • Compile and analyze statistical data to determine value improvement opportunities and identify supply risks 
  • Collaborate with business managers on pricing, quotes and negotiating contracts
  • Partner with hardware operations on inventory management 

Do you have the right ingredients*

  • Bachelor’s degree in Finance, Economics, Business Administration; Procurement certifications are a plus
  • 10+ years of progressive procurement experience and 5+ years of management or leadership experience 
  • Experience in building a procurement function, developing a detailed strategic plan and managing multiple procurement professionals across a number of commodities
  • Excellent communication and listening skills; Ability to work cross-functionally; Comfort and experience discussing with and presenting to senior leadership
  • Change management skills and self-awareness to take varying approaches with a
    dynamic set of stakeholders in a complex organization 
  • Knowledge and experience with vendor and enterprise risk management
  • Strong negotiation skills for significant commercial deals
  • Understanding of standard contractual terms and conditions to mitigate legal risk
  • Strategic and analytical mindset with the ability to consider non-traditional approaches as the function, our needs and our industry evolves
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What are Toast Perks + Benefits

Toast Benefits Overview

Toast strives to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total reward package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet our employees’ changing needs.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
We have 14 employee resource groups, known as Toast Communities, dedicated to empowering employees.
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Performance bonus
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Company sponsored family events
Vacation & Time Off Benefits
Unlimited vacation policy
Paid volunteer time
Sabbatical
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Company-sponsored happy hours
Onsite office parking
Recreational clubs
Fitness stipend
Home-office stipend for remote employees
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Mentorship program
Continuing education available during work hours
Online course subscriptions available
Customized development tracks

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