Category Manager - Technology Sourcing

Secure Every Identity, from AI to Human Identity is the key to unlocking the potential of AI. Okta secures AI by building the trusted, neutral infrastructure that enables organizations to safely embrace this new era. This work requires a relentless drive to solve complex challenges with real-world stakes. We are looking for builders and owners who operate with speed and urgency and execute with excellence. This is an opportunity to do career-defining work. We're all in on this mission. If you are too, let's talk. Okta is looking for an experienced Procurement/Category Manager (Technology Sourcing) to join our energetic Strategic Sourcing team to support and be part of Okta’s continued growth. You will lead and co-lead the Sourcing initiatives supporting our Technology organization. This includes leading complex, high-value sourcing projects, activities & contract negotiations for various IT service and product categories that may include Software, Network, SaaS, IaaS, Telephony and other direct or indirect requirements on a local or global scale. This role will be responsible for procurement strategy development and execution, conducting strategic sourcing events and negotiating acceptable terms and conditions with Suppliers. The position will perform data analytics and work collaboratively with senior stakeholders and other Strategic Sourcing team members to meet stakeholder supply market requirements, create value, ensure process compliance and drive negotiated cost savings and avoidances. You will be expected to build relationships with internal business partners working with cross-functional groups to support negotiations, risk mitigation and supplier management. You will report to the Strategic Sourcing Senior Manager – Technology. Responsibilities: Work timings would be in 7 pm - 3 am IST Gather business and technical requirements and produce needed documentation in support of RFx events. Develop internal presentations and business case to support management approvals of multi-year supplier agreements. Additionally develop, review, and handle any ad hoc documents requiring special circumstances and legal reviews 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 Actively develop sourcing strategies in support of business initiatives Work with internal partners to figure out risks and dependencies 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 Conduct spend analytics to identify areas of opportunity for streamlining and consolidation of spend Provide input for areas of opportunity and make recommendations where applicable for projects, departments, or across the company for operational improvements and efficiencies Drive M&A activity from Strategic Sourcing’s perspective, i.e. contract novation and consolidation Support the Strategic Sourcing Senior Manager as needed Communicate proactively with internal and external partners Requirements: 3–5 years of experience in Sourcing and Procurement of Technology (Infrastructure, SaaS, Telecom, IaaS, AI, etc.), including category mana…