Procurement Lead at Multiverse

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

EdTech, TechnologyIndustries

Requirements

Senior Manager or Head of level professional with 8-12+ years of progressive experience in indirect procurement or strategic sourcing
Experience building a procurement function from scratch ("from 0 to 1") in a similar high-growth, tech-first environment
"Builder" profile with hands-on experience establishing and managing global procurement functions

Responsibilities

Define and execute a procurement strategy aligned with commercial goals, focusing on value creation, cost-efficiency, and compliance across all indirect spend
Lead sourcing, negotiation, and contract management for key spend categories: SaaS, Professional Services/Contractors (SOWs), and Marketing/PR
Own and optimize the P2P tech stack, acting as business owner for Omnea (Intake/Sourcing), Ramp (Spend Management), and their integration with NetSuite, driving adoption and building frictionless workflows
Establish and scale procurement policies, governance frameworks, and approval workflows that enable the business while managing risk
Build and scale a vendor management framework to ensure performance, manage risk, and drive value from strategic suppliers
Partner with Security and Legal teams on Vendor Due Diligence (VDD) process to ensure suppliers meet security and data standards (e.g., GDPR, ISO 27001)
Implement dashboards and analytics to provide visibility into spend, vendor performance, savings, and ROI
Serve as the primary point of contact for procurement matters and evangelize a culture of smart, responsible spending across the business
Act as the primary procurement expert, managing the function end-to-end in a "player-coach" role, with potential to mentor junior support as the function scales
Work closely with senior leaders across Marketing, Engineering, GTM, Data, Finance, and Operations to ensure procurement acts as a strategic partner and enabler of growth

Skills

Key technologies and capabilities for this role

ProcurementProcure-to-PayP2POmneaRampNetSuiteSaaSSupplier ManagementSpend ManagementSourcing

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The position is hybrid.

What is the salary or compensation for the Procurement Lead role?

This information is not specified in the job description.

What key responsibilities will the Procurement Lead handle?

The role involves defining and executing procurement strategy, leading category management for SaaS, contractors, and marketing/PR, owning the P2P tech stack including Omnea, Ramp, and NetSuite, establishing processes and governance, managing vendors, and ensuring compliance.

What is the company size and spend overview at Multiverse?

Multiverse has 1,000 employees and approximately $40m annual non-headcount, non-real estate spend, primarily across SaaS, Contractors, and Marketing & PR.

What experience makes a strong candidate for this Procurement Lead position?

An experienced and hands-on procurement professional who can build the global procurement function from the ground up, drive value from spend, manage supplier relationships, and master the P2P ecosystem with Omnea, Ramp, and NetSuite.

Multiverse

Provides professional apprenticeships for workforce development

About Multiverse

Multiverse focuses on workforce development through professional apprenticeships, providing on-the-job training programs that help individuals gain skills for high-paying jobs and career advancement. The company operates in the United States and the United Kingdom, partnering with various organizations to tailor apprenticeship programs to meet specific employer and individual needs. Unlike traditional hiring methods, Multiverse's approach is designed to be equitable and accessible, allowing diverse talent to succeed. The company also offers ongoing support and mentorship to apprentices, ensuring they can navigate their career paths effectively. Multiverse's goal is to create a diverse group of future leaders by transforming the way talent is developed and nurtured.

London, United KingdomHeadquarters

2016Year Founded

$402.7MTotal Funding

SERIES_DCompany Stage

Social Impact, AI & Machine Learning, EducationIndustries

1,001-5,000Employees

Risks

Competition from universities offering flexible, career-focused programs may challenge Multiverse.

Rapid AI development could outpace Multiverse's training program updates.

Economic downturns may reduce corporate spending on training, impacting revenue.

Differentiation

Multiverse offers AI-powered apprenticeships, a unique alternative to traditional university education.

The company partners with diverse industries, enhancing workforce skills through tailored programs.

Multiverse's acquisition of Searchlight boosts its AI capabilities and competitive edge.

Upsides

Partnership with Microsoft aims to skill 1 million people in AI by 2025.

Recent leadership appointments focus on financial growth and curriculum development.

AI-Powered Productivity apprenticeships are accredited and eligible for public funding in the UK.

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