Director, Procurement

The Opportunity:Flywire is seeking a Director of Procurement to lead and evolve our procurement function globally. Reporting to the Vice President of Treasury, Credit Risk & Procurement, this role will spearhead the development and execution of procurement strategies, focusing on optimizing vendor relationships, driving cost efficiencies, and enhancing procurement operations.The ideal candidate is a results-oriented leader with deep expertise in global procurement practices, strategic sourcing, and supplier relationship management. Proven expertise in leading and driving transformational initiatives within procurement functions, particularly in globally scaled and complex organizations, is essential. . This role requires a strategic thinker who can thrive in a fast-paced, growth-focused environment while delivering measurable business value.Key Responsibilities:Procurement Strategy:Develop and implement a comprehensive global procurement strategy that aligns with Flywire’s business goals.Leverage data and market insights to identify opportunities for cost savings, process improvements, and risk mitigation.Vendor & Supplier Management:Build and maintain strong relationships with vendors, ensuring favorable terms and adherence to Flywire’s standards.Negotiate complex contracts for a variety of spend categories, including technology, professional services, and indirect procurement.Operational Excellence:Establish and refine procurement processes, policies, and systems to ensure scalability and compliance.Collaborate with Finance, Legal, IT, and other key stakeholders to implement robust procurement systems (e.g., Coupa or equivalent tools).Cost Optimization:Identify and implement cost-reduction initiatives while ensuring quality and service standards.Monitor and manage budget adherence across procurement projects.Leadership & Development:Build and lead a high-performing procurement team, fostering a culture of accountability, innovation, and continuous improvement.Serve as a trusted advisor to Flywire’s leadership team on procurement-related matters.