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Procurement Manager

| Greater NYC Area

Vimeo is looking for a Procurement Manager to join our Finance team and take ownership of procurement, vendor management and the day to day ownership of operating expenses. In this role, you will assist Finance leadership and actively partner with all current vendor managers on the procurement process relating to new or renewing vendor relationships. This role is highly visible within Vimeo and requires a comprehensive understanding of each functional area so as to leverage available analysis and insights into each and every vendor contract that Vimeo enters into and dollar we spend.

What you'll do:

  • Evaluate and improve Vimeo’s overall approach to procurement:
    • Develop a procurement strategy across Vimeo to deliver targeted benefits and financial savings, ensure Vimeo has the most favorable rates and terms, and work with Legal through the execution of the contract
    • Evaluate and improve the processes and systems for effective procurement
    • Interface with department heads and associated stakeholders to support their strategic objectives, as well as to identify and prioritize cost-savings and efficiency opportunities cross functionally
  • Build and leverage a strong supplier network:
    • Develop a clear and consistent RFP (Request for Proposals) process for all supplier negotiations
    • Develop strategies and identify risks associated with the main purchasing categories that support the business needs
    • Conduct regular category reviews to drive improved outcomes for the business
    • Harness vendor expertise, as well as conduct due diligence on technology trends that provide solutions to meet the company’s changing business needs and/or requirements
    • Define and manage key supplier relationships to deliver breakthrough performance in cost, service and quality
  • Negotiations and vendor management:
    • Conduct RFP’s and use sourcing tools (i.e., bid processes, benchmarks, or competitive market data) to drive savings, company efficiencies, and service improvements
    • Lead the negotiations on nearly all Vimeo vendor contracts and partner with senior leadership on select high value, strategic relationships
    • Partner with IAC and its affiliates in cross collaborative negotiations with shared vendors
    • Respond to and address vendor service and/or quality related issues to mitigate negative impact on the company and operating metrics
  • Own and manage monthly expense reporting:
    • Own and manage the monthly budget vs. actuals meetings with leadership and their respective teams
    • Own the master Operating Expense model and partner with Accounts Payable on monthly accruals ensuring all expenses and proper timing is accounted for in the monthly close
    • Own the annual budgeting process as it relates to Operating Expenses across Vimeo
    • Produce regular reports on performance and provide comprehensive management information and in-depth analysis when requested, including spend analysis, savings secured and potential savings

Skills & knowledge you should possess:

  • Minimum of 5+ years of progressive responsibility in procurement and vendor management with strong operational background and demonstrated expertise managing rapid scale
  • Bachelor’s degree required; procurement continuing education a plus
  • Experience working with and procuring for technology companies
  • Core understanding of software and technology licensing, SaaS, seat/usage based models, etc
  • Excellent negotiation skills and willingness to be aggressive with vendors of all sizes
  • Strong business and financial acumen and deep understanding of contracts and legal terms
  • Strong verbal and written communication skills, and impeccable attention to detail
  • Ability to influence people without a direct reporting relationship; executive presence required
  • Develop strong partnerships with Accounts Payable and Legal teams
  • Ability to multi-task, work under pressure and meet tight deadlines
  • Highest level of personal integrity in handling privileged and confidential information

About us:

At Vimeo, our mission is to empower video creators to tell exceptional stories and connect with their audiences and communities. Home to more than 90 million members in over 150 countries, Vimeo is the world’s largest ad-free open video platform, providing powerful tools to host, share and sell videos in the highest quality possible.

We work hard to enable creators of all kinds to succeed, and to that end, we prioritize attracting diverse talent and cultivating an inclusive environment that encourages collaboration and creativity. We’re committed to building a company and a community where people thrive by being themselves and are inspired to do their best work every day.

Vimeo is based in New York City, with additional offices in Europe and India. Vimeo is an operating business of IAC (NASDAQ: IAC). Learn more at www.vimeo.com.


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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
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    • IllustratorDesign
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    • PhotoshopDesign
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    • ConfluenceManagement
    • JIRAManagement
    • WordpressCMS
    • SalesforceCRM
    • MarketoLead Gen

Location

Vimeo is home to a highly ambitious, super innovative, and lovingly hilarious team. Come find us working hard and laughing loads at our HQ in Chelsea.

An Insider's view of Vimeo

What are some social events your company does?

Vimeo loves to break it down on the dance floor so it's tradition to make sure that happens! Events cater to a variety of interests and lets you try something new with your Vimeo family. From karaoke to channel your inner Celine, scavenger hunts for the adrenaline rush, to paint nights that let your creative genius shine - we do it all with loveo!

Tenniel

HR Manager

What projects are you most excited about?

We just moved our main serving stack to a cloud environment, so now we get to modernize our infrastructure to take advantage of that: we get to take everything apart and put it back together in a more automated, reliable, and sustainable way.

Mike

Lead Site Reliability Engineer

What unique initiatives do you have that encourage innovation?

We believe the best ideas come from anywhere. Our biggest product launches have come from Vimeo Jams (hackathons), Creator Lab experiments, contributing to open source protocols, engaging our community, and crowdsourcing across the company. Innovation isn’t a buzz word to us – it's how we push the boundaries of storytelling and empower creators.

Anjali

CEO

How do you collaborate with other teams in the company?

At Vimeo, collaboration takes many shapes and forms. It could be a simple direct message, it could be pulling up a chair and code-pairing, or it could be a team meeting. The key is being able to easily and efficiently collaborate from department to department. Vimeo provides all the tools necessary to make that happen.

Dan

Front-End Engineer

What are Vimeo Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Unconscious bias training
Diversity manifesto
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Vimeo employees can contribute up to $3,500 (for individual plans) and $7,000 (for family plans) annually to their FSA.
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Vimeo offers offer two healthcare plans: a HealthFund HSA and a PPO. Under the HSA Plan, Vimeo covers 100% of the monthly premium for individual employees.
Life Insurance
Pet Insurance
Wellness Programs
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Vimeo is 100% invested in our employees' future, and to show it we match 100% of pre-tax and Roth contributions, up to 10% of an employee’s annual gross pay. It's 100% awesome.
Company Equity
Stock options are awarded to all new employees in the form of Stock Appreciation Rights. SARs work like stock options, except you don’t have to buy anything or wait until an IPO to cash out :)
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Vimeo provides 16 weeks of fully-paid leave to birth parents; and 12 weeks fully-paid leave for employees whose spouse or partner is the birth parent, as well as $1,000 to spend on your bundle of joy.
Flexible Work Schedule
Remote Work Program
Adoption Assistance
Vimeo provides 12 weeks fully-paid leave for employees who become adoptive parents, as well as $5,000 to spend on your bundle of joy.
Company sponsored family events
Take your kids to Vimeo day happens every June.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Not only do we close the office on most national holidays, we also close at 1pm the preceding workday. You know, to give you a head start on chilling out.
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Ride the train or park your ride with pre-tax cash (up to $260/month!)
Company Outings
People actually look forward to attending our quarterly company outing, as well as myriad team-building and hang-out events.
Free Daily Meals
We heart mornings: free breakfast Every. Day.
Stocked Kitchen
Unlimited snacks, coffee, tea and all of the flavored LaCroix you can handle.
Happy Hours
The beverage cart makes the rounds every Friday at 4:30 sharp. It's our favorite place to meet new Vimeans (hopefully that's you!)
Parking
We offer free temporary & permanent on-site garage parking (subject to availability).
Pet Friendly
Dogz for dayz on the first Friday of every month!
Relocation Assistance
Talk to your recruiter about assistance with relocation to the Big Apple.
Fitness Subsidies
Hit the gym with discounted gym memberships across NYC & surrounding boroughs. If you prefer to break a sweat on your way to work, we’ve got you covered with on-site bike racks, showers, and lockers
Professional Development Benefits
Job Training & Conferences
You never have to stop learning: Every employee is eligible for up to $5,000 of professional development reimbursement per year.
Tuition Reimbursement
You never have to stop learning: Every employee is eligible for up to $5,000 of professional development reimbursement per year.
Diversity Program
Lunch and learns
Promote from within
Mentorship program
Continuing Education stipend
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