Procurement Contract Manager

The Procurement Manager supports Five9’s global sourcing and procurement organization by providing specialized contract and commercial support for the acquisition of goods and services. This role is responsible for the end-to-end contract lifecycle—from drafting and negotiation through risk mitigation and compliance—ensuring vendor engagements align with Five9’s standards and business objectives. You will partner closely with cross-functional stakeholders (e.g., Legal, Finance, IT, Engineering, and business teams) to secure favorable commercial terms, manage risk, and drive operational excellence throughout the procurement lifecycle.

Responsibilities

• Lead the drafting, review, redlining, and negotiation of a wide range of commercial agreements, including NDAs, Master Service Agreements (MSAs), Statements of Work (SOWs), DPAs (Data Processing Agreement) and related amendments.


• Partner with business stakeholders to define sourcing requirements, develop procurement strategies, and ensure alignment with business objectives and timelines.


• Own and drive commercial negotiations with suppliers to secure optimal pricing, payment terms, service levels, delivery schedules, and contractual protections.


• Experience negotiating SaaS, Data Center, AI, Hardware, and Contingent Services contracts. History of stellar cost saving achievement.


• Collaborate with Legal, Compliance, and Infosec to ensure agreements meet operational, financial, security, privacy, and compliance requirements.


• Ensure procurement activities and contracts adhere to internal policies and applicable federal and state requirements; proactively identify and mitigate contractual and supplier risks.


• Maintain accurate documentation of contract activity, approvals, negotiation positions, and final terms to support audit readiness and ongoing contract administration.


• Support supplier onboarding and relationship management; measure and monitor supplier performance against contract SLAs/metrics and initiate corrective actions when needed.


• Contribute to departmental goals by identifying sourcing opportunities and driving measurable cost savings and value improvements through competitive sourcing and effective negotiation.


• Support resolution of contractual disputes and supplier performance issues, ensuring clear remedies, escalation paths, and appropriate stakeholder alignment.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain, Finance, or a related field (advanced degree preferred).


• 5–10 years of experience in procurement, strategic sourcing, contract management, or a related commercial function within a medium to large organization.


• Strong proficiency drafting, reviewing, and negotiating complex commercial agreements and managing risk in a procurement environment.


• Demonstrated success leading commercial negotiations with suppliers and influencing outcomes across cost, terms, and service delivery.


• Experience supporting SaaS and/or technology procurement is strongly preferred.


• Strong analytical skills with the ability to evaluate data, benchmark pricing, and identify sourcing opportunities and trade-offs.


• Excellent written and verbal communication skills; ability to use tact and diplomacy with stakeholders at all levels and with external suppliers.


• Comfortable operating in a fast-paced, dynamic environment with competing priorities and tight deadlines.


• Self-driven, highly accountable, trustworthy, and able to work independently in a remote setting.

Company Benefits

• Company stocks


• Annual merit increase based on performance


• 15% night shift differential pay


• Paid Leave with Cash Conversion


• HMO with free dependents


• Retirement Plan


• Life Insurance


• While on work from home setup: Internet and meal allowance are provided


• Employee Assistance Program for mental and social well-being


• Government-mandated Benefits (SSS, PhilHealth, PagIBIG, 13^th month pay, Solo parent leave, Special leave for women)