⏳ Last Date to Apply: Not Mentioned
Stripe Strategic Sourcing Analyst Recruitment 2026: Apply Online
Strategic Sourcing Analyst
Job Overview
About Stripe and Its Global Mission
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career. Joining Stripe means working in a high-growth, dynamic environment where innovation and operational excellence are highly valued.
About Finance Operations & Global Procurement
The Finance Operations (FinOps) team provides and enhances core business services that are the backbone for Stripe. FinOps uses data and operational excellence to deliver technology solutions, procurement, billing and payroll services, strategic sourcing, and supplier relationship management to Stripe. Global Procurement, which is part of the Finance Operations (FinOps) team at Stripe, is responsible for the entire buying journey, from sourcing new suppliers or renewing engagements with existing ones to facilitating purchase order approvals, paying valid supplier invoices, and managing the travel and expense program. The team also reviews and advises on contract structures and terms, conducts risk assessments to ensure suppliers meet Stripe standards, and onboards suppliers for secure payment processing.
Detailed Role Overview: Strategic Sourcing Analyst
We’re looking for a Sourcing Analyst to join our growing team in Bengaluru. In this role, you’ll play a crucial role in supporting the global strategic sourcing events and category management while collaborating with cross-functional teams. You’ll be responsible for conducting market research, gathering supplier information, developing sourcing strategies, and facilitating sourcing events to optimize the company’s spend and drive value. This role requires strong problem-solving skills, attention to detail, and the ability to work collaboratively with cross-functional teams.
Key Responsibilities and Core Duties
- RFx Event Support: Draft RFx documents for specific projects in collaboration with global category managers. Prepare RFx communications, scoring templates, summaries, and other supporting documents. Prepare and retain RFx project documentation for historical record. Execute NDAs for RFx events and lead regional RFx projects when needed.
- Benchmarks and Rates: Conduct initial category-specific market research. Analyze rate submissions from suppliers with industry benchmarks. Develop supplier profiles with data sourced from resources like Tropic, Pitchbook, other internal tools, and publicly available data. Lead regional rate card negotiations when needed.
- Contracting & Compliance: Perform contract analysis to inform category strategies or individual transaction strategies. Manage data cleanup on renewal dates, termination notice periods, and other relevant sourcing metadata in the Contract database. Set up and execute proactive tracking of SLA violations and initiate appropriate processes to claim any possible service credits or refunds.
- General Support & Escalations: Monitor procurement process and manage escalations for sourced deal transactions. Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness. Participate in establishing short-term and long-range planning and budget development of the company to support strategic business goals.
- Strategic Roadmap: Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing and Category Management function that Stripe recognizes and values.
Ideal Candidate Profile
The ideal candidate is a proactive professional with 5 to 8 years of experience in indirect sourcing, procurement, or category management. You should possess a strong understanding of procurement principles and supply chain management, with demonstrated experience in negotiations and achieving significant cost savings. Excellent communication skills, a diagnostic mindset, and the ability to manage multiple priorities in a fast-paced environment are essential for success in this role.
Key Job Details
| Company Name | Stripe |
| Job Role | Strategic Sourcing Analyst |
| Experience | 5 to 8 years |
| Salary Range | Competitive / Not Disclosed |
| Job Type | Full time |
| Work Mode | In-office (Bengaluru) |
| Openings | |
| Job Location | Bengaluru, India |
Key Responsibilities
- Draft RFx documents for specific projects in collaboration with global category managers
- Prepare RFx communications, scoring templates, summaries, and other supporting documents
- Prepare and retain RFx project documentation for historical record
- Execute NDAs for RFx events and lead regional RFx projects when needed
- Conduct initial category-specific market research and analyze rate submissions from suppliers with industry benchmarks
- Develop supplier profiles with data sourced from resources like Tropic, Pitchbook, other internal tools, and publicly available data
- Lead regional rate card negotiations when needed
- Perform contract analysis to inform category strategies or individual transaction strategies
- Manage data cleanup on renewal dates, termination notice periods, and other relevant sourcing metadata in the Contract database
- Set up and execute proactive tracking of SLA violations and initiate appropriate processes to claim any possible service credits or refunds
- Monitor procurement process and manage escalations for sourced deal transactions
- Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness
- Participate in establishing short-term and long-range planning and budget development of the company to support strategic business goals
- Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing and Category Management function
Requirements & Qualifications
- A minimum of 5 to 8 years of experience in indirect sourcing, procurement, category management, or a related field
- Strong understanding of procurement principles and supply chain management
- Strong experience in negotiations and achieving significant cost savings and supplier value without compromising on quality or service
- Experience in supplier contracting with an understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
- Excellent communication and interpersonal skills, with the ability to convey complex information in an understandable way
- Strong diagnostic and problem-solving skills with a keen eye for detail
- Strong organizational skills and the ability to manage multiple priorities in a dynamic, fast-paced environment
- A team player with a proactive attitude and the ability to work independently when required
- Demonstrated experience successfully partnering with cross-functional stakeholders
Required Skills
- Indirect Sourcing & Procurement
- Category Management
- RFx Drafting & Execution
- Supplier Negotiation & Contracting
- Market Research & Benchmarking
- Contract Analysis & Metadata Management
- SLA Tracking & Compliance
- Cross-functional Collaboration
- Problem-solving & Analytical Skills
- Familiarity with e-procurement tools (Zip, Agiloft, Oracle ERP)
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Stripe’s mission is to increase the GDP of the internet.
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