Sr. Manager, "Spend Money Wisely"

San Mateo, California /
Business Operations – Finance /
Full-Time
/ On-site
Who We Are

At Verkada, we’re building the operating system for the physical world. 

We started in 2016 with video security cameras and an intuitive cloud-based platform, and in just six years, we've expanded to include five additional product lines (access control, environmental sensors and alarms, as well as visitor and mailroom management) that help enterprises to protect and manage their people and assets. 

Today more than 14,000 organizations across 63 countries worldwide trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. We are valued at $3.2 billion, with $360 million raised in venture capital from investors including Linse Capital, MSD Partners, L.P., Felicis Ventures, Next47, Sequoia Capital, Meritech Capital, and First Round Capital. 

This is just the beginning. The need for businesses to secure and manage their people and physical assets with scale and speed is mission critical and continues to increase. Our teams are energized by the complex challenges we work on and the platform we are building to make the schools, hospitals, businesses and communities that we live and work in safer. 

Responsibilities:

You will be in charge of ensuring that Verkada "spends money wisely." This is critical to a well run business! This role will be the right hand to the CFO, to whom this role reports, in rationalizing and efficiently managing vendors. It will require high energy and a dogged attitude towards ensuring that a) Verkada is thoughtful about where/how much/why we chose external vendors and b) that we get a fair deal once we decide it's important to use that vendor.

    • Strategic business partnering – help business teams figure out where we should buy/build/do nothing and if we buy, how to ensure that we are getting the right solutions that scale efficiently
    • Vendor deal negotiations – engagement in vendor procurement activities includingUnderstanding the business need (and saying no when it doesn’t make sense)
    • Market and spend analysis - Competitive biddingContract negotiationBenchmarking and financial analysis
    • Ongoing strategic vendor management – develop strong relationships with suppliers and Verkada stakeholders to ensure contracts support our needs.
    • Utilize scorecards and quarterly business reviews to monitor supplier performance if relevant
    • Metrics – create and report on metrics around annual cost savings, efficiency gains, and sourcing on time performance
    • Team – begin day 1 with our largest spend/vendors and build a team over time to scale more broadly within Verkada 
    • Get sh*t done: Since we’re still in scrappy startup mode, there’s a lot of rolling up your sleeves and getting into the weeds to drive direct impact on a daily basis. We knock out today’s problems while also balancing our need to build for the long-term. We accomplish this through hard work, being clear on what’s worth tackling and what’s not, and ensuring a high talent bar

Requirements

    • Passion for efficiency: 5+ years of experience in operations, consulting or sourcing. Indirect procurement experience not a requirement
    • Raw smarts: we are looking for people with strong business acumen who can approach complex problems and solve them from start to finish.
    • High attention to detail: at Verkada, we pride ourselves on first principles thinking and sweating the details as the keys to business results. This leader should excel in these areas and set a standard for others. 
    • Excellent modeling/analytics: you have strong modeling intuition, and a good understanding of how to bring a modeling framework to vendor negotiations
    • Flexibility: you are comfortable working in a fast-paced startup environment that will require you to manage competing priorities, pivot quickly and often, mentor brilliant (but inexperienced) talent junior in their career, and continually build new processes as the company scales.
    • High academic achievement from a leading university – Top tier MBA a plus

Perks & Benefits

    • Generous company paid medical, dental & vision insurance coverage 
    • Unlimited paid time off & 11 companywide paid holidays 
    • Wellness allowance 
    • Commuter benefits 
    • Healthy lunches and dinners provided daily 
    • Paid parental leave policy & fertility benefits 
Verkada is an equal opportunity employer. We strive to be a welcoming place for everyone, and we do our best to make sure all people feel supported and connected at work. A big part of that effort is support for members and allies of our internal communities like Women at Verkada, Pride at Verkada, Multicultural at Verkada, and Parents at Verkada.