Strategic Sourcing Specialist – Product and IT Procurement

About the role

PayInc is seeking a Strategic Sourcing Specialist to lead the procurement of product‑related and IT services. The role will ensure uniform, efficient processes across the sourcing lifecycle, from initial demand through contract management, supporting the company’s mission of secure, inclusive digital payments.

Key responsibilities

• Develop and execute commodity strategies and category plans aligned with business objectives.
• Analyse market data, total cost of ownership, spend, trends and risks to build robust business cases.
• Collaborate with business owners, product teams, CPSO, finance, legal, risk and compliance to embed procurement policies.
• Lead commercial negotiations, award contracts and manage supplier relationships.
• Identify cost‑reduction, cost‑avoidance and revenue‑generation opportunities, driving value‑add and value‑engineering initiatives.
• Report on benefits realization and performance metrics through management information.

Required profile

• Proven experience in strategic sourcing, category management or procurement within a technology‑focused environment.
• Strong analytical capability to develop TCO models, spend analysis and risk assessments.
• Excellent stakeholder management skills across cross‑functional teams.
• Ability to create compelling business cases for senior leadership approval.

Required skills

• Category and commodity strategy development
• Commercial negotiation and contract management
• Spend, cost‑of‑ownership and risk analysis
• Supplier performance and benefits realization tracking