Senior Director, Strategic Sourcing

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Since being founded in 2001, Black Line has become a leading provider of cloud software that automates and controls the entire financial close process. Our vision is to modernize the finance and accounting function to enable greater operational effectiveness and agility, and we are committed to delivering innovative solutions and services to empower accounting and finance leaders around the world to achieve Modern Finance.

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Reporting to the Vice President of Global Procurement, the Senior Director of Strategic Sourcing will lead a talented team to deliver significant value and support the organization's strategic goals. This key leadership role involves aligning our sourcing activities with company-wide objectives by leveraging best-in-class tools, data analytics, and supplier diversity to optimize the entire procurement process.

This is a fantastic opportunity for a seasoned professional to make a significant impact on our procurement function and contribute to the company's success.

• Lead, mentor, and develop the Strategic Sourcing team to achieve departmental and company-wide goals.
• Develop and execute global category strategies that optimize our supply base, categorizing suppliers (strategic, collaborative, transactional) to drive value in each spend category.
• Drive value creation by executing sourcing initiatives and negotiating strategic agreements, focusing on total cost, payment terms, and service level agreements (SLAs) using tools like RFPs, should-cost models, and advanced analytics.
• Collaborate with cross-functional stakeholders to understand their needs and ensure alignment on all sourcing strategies.
• Partner with leadership to manage and develop supplier relationships, enhancing cost-effectiveness, quality, service levels, risk management, sustainability, and innovation.
• Manage ongoing supplier performance by setting objectives, tracking KPIs through scorecards, and leading joint improvement efforts.
• Proactively identify, monitor, and mitigate third-party supplier risks to ensure continuity of supply chain and services.
• Leverage market insights, inflation mitigation techniques, and cost escalation/de-escalation agreements to forecast and secure market-competitive pricing.
• Engage supplier innovation and AI capabilities to identify and deliver improved product and service offerings.
• Partner with the Center of Excellence to develop and implement best-practice standards for processes, systems, data, and analytics.
• Standardize key processes globally, including strategic sourcing, category strategy, and supplier performance management, leveraging AI and robotics for automation where possible.
• Develop and implement a Strategic Sourcing Playbook to enable stakeholders globally to conduct sourcing activities for smaller, low-complexity initiatives.

• Bachelor s degree in Supply Chain Management, Business Administration, or a related field; MBA is a plus.
• 10+ years of progressive experience in procurement, with at least 7+ years in a management role leading a Strategic Sourcing team.
• Proven track record of developing and executing sourcing strategies that deliver significant cost savings and value.
• Expertise in negotiating complex contracts, including strategic partnerships, pricing, SLAs, and other key terms.
• Strong skills in Strategic Sourcing, Supplier Relationship Management, and risk mitigation.
• Excellent business acumen with strong financial, cost modeling, and data analysis capabilities.
• Demonstrated ability to influence and work successfully with all levels of the organization through strong…