Netflix is seeking a highly motivated and tech-savvy individual to join its growing Technology Sourcing team. As a Technology Sourcing Specialist, you will play a key role in managing the company’s software expenditures and driving efficiency in vendor relationships.
You will collaborate with various internal and external stakeholders, ensuring Netflix optimizes its technology investments. The ideal candidate will be customer-focused, have strong negotiation skills and possess the ability to thrive in a self-directed environment. With the opportunity to shape the company’s tech sourcing strategy, this role offers a chance to contribute to the company’s long-term goals in both Studio and Corporate sectors.
In addition to competitive compensation, Netflix provides an extensive range of benefits, including comprehensive health plans, mental health support, retirement plans, stock options and paid leave. The company’s unique culture, which values diversity and inclusion, offers a supportive and innovative work environment where employees are encouraged to bring their full selves to work.
Netflix embraces individuals from all backgrounds and fosters a collaborative atmosphere that drives success across the board. If you are passionate about technology, sourcing and shaping the future of a global entertainment leader, this opportunity is ideal for you.
Job Requisition ID: JR29265
Job Posting Date: August 15, 2024
Teams: Supply Chain
Work Type: Remote
The Role:
With the rapid growth of Netflix, the Technology Sourcing team is scaling its operations. The company is searching for a highly motivated, intelligent and organized individual to join the team. The ideal candidate will possess a passion for learning new technologies, a strong customer-focused mindset and a dedication to optimizing Netflix’s technology investments.
In this role as a Technology Sourcing Specialist, you will be instrumental in managing and centralizing the company’s software expenditures. You will work closely with both existing and new vendor relationships to ensure Netflix gains maximum value from its technology investments.
Your Expected Impact:
- Cross-functional Collaboration: Establish clear and efficient communication channels with both internal and external stakeholders to deliver data-driven insights and provide recommendations for sourcing agreements.
- Partnership Building: Become a trusted ally for various teams and lead conversations to secure favorable terms for Netflix.
- Product Knowledge Development: Maintain a deep understanding of software relevant to both studio and corporate needs, staying informed on emerging technologies that impact Netflix’s operations.
- Project Management & Contract Execution: Assist in the management of sourcing negotiations, ensuring alignment with procurement practices. This includes identifying suppliers, developing requests for proposals (RFPs) and evaluating supplier performance.
- Vision Execution: Help shape the future of Netflix’s tech sourcing strategy and contribute to the development of product and service roadmaps that support long-term goals.
- Partnerships with Support Teams: Build strong, aligned relationships with cross-functional support teams, including those in Information Security (Infosec), Finance and Legal, ensuring a cohesive approach to sourcing.
- Negotiations and Proposals: Facilitate product and service proposal requests and spearhead negotiation efforts on behalf of internal customers to secure the best deals.
- Process Support: Contribute to team processes, including contract management, data analysis and other logistical needs.
- Data Maintenance: Ensure accurate and up-to-date records of contracts, vendor information and transaction details.
Skills & Experience:
- Relevant Experience: A minimum of three years of experience in technology sourcing and procurement, preferably in a multinational context.
- Self-Management: Ability to thrive in self-directed and ambiguous environments where autonomy is valued.
- Vendor Management: Proven skills in managing vendor relationships effectively.
- Negotiation Prowess: World-class negotiation abilities with a mindset to challenge the status quo and achieve optimal results.
- Communication Skills: Exceptional interpersonal and communication skills, fostering a collaborative work environment.
- Educational Background: A Bachelor’s degree in Supply Chain Management, Finance or a related field.
- Industry Experience: While not required, experience in the media and entertainment sector is preferred.
Compensation:
At Netflix, the compensation structure consists of an annual salary without the addition of bonuses. Each year, employees have the option to determine the mix of their compensation between salary and stock options. To set the top-of-market compensation, Netflix relies on market indicators and evaluates the employee’s specific job family, background, skills and experience to position their compensation within a competitive market range. For this position, the compensation range is between $100,000 and $700,000.
Benefits:
Netflix offers a comprehensive benefits package to all full-time employees. These benefits include:
- Health Plans: Comprehensive healthcare coverage, including medical, dental and vision care.
- Mental Health Support: Access to mental health resources and support programs.
- 401(k) Retirement Plan: Includes an employer match to help employees save for retirement.
- Stock Option Program: Allows employees to invest in Netflix stock as part of their compensation package.
- Disability Programs: Coverage for both short-term and long-term disability.
- Health Savings & Flexible Spending Accounts: Options for saving on healthcare expenses through pre-tax contributions.
- Family-Forming Benefits: Assistance with fertility treatments, adoption and surrogacy support.
- Life & Serious Injury Benefits: Financial protection for employees and their families in case of serious injury or death.
- Paid Leave: Netflix provides generous paid leave programs. Full-time hourly employees can accrue up to 35 days annually for vacation, holidays and sick leave. Salaried employees are granted flexible time off immediately upon hire.
For more details, employees can learn more about Netflix’s benefits here.
Netflix Culture:
Netflix fosters a unique work environment, centered on innovation, freedom and responsibility. The company places a high value on diversity and inclusion, recognizing that teams are stronger and more effective when they incorporate a wide range of perspectives, backgrounds and experiences.
Netflix approaches diversity with a commitment to fostering an inclusive workplace. The company celebrates diversity in every form and does not tolerate discrimination based on factors such as race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender identity or expression, age, disability, medical conditions, pregnancy, genetic information, marital status or military service. Netflix is proud to be an equal-opportunity employer that encourages all individuals to bring their full selves to work.
By promoting an inclusive environment, Netflix strives to cultivate a workplace where everyone feels valued and empowered to contribute to the company’s success. For more insights into Netflix’s culture and work environment, employees can explore here.
The Technology Sourcing Specialist role at Netflix offers a challenging yet rewarding opportunity for individuals who are passionate about technology sourcing, vendor management and optimizing investments. With the freedom to influence critical business decisions, you will collaborate with cross-functional teams and help drive the future of tech sourcing at Netflix. Netflix’s open and inclusive culture further enhances the experience, ensuring that all employees are supported, respected and given the tools they need to succeed.
Frequently Asked Questions
What qualifications are required for the role?
Candidates should have at least three years of experience in technology sourcing and procurement, excellent vendor management skills and a BA in Supply Chain Management, Finance or a similar field. Experience in media and entertainment is preferred but not required.
What is the salary range for this position?
The salary range for the Technology Sourcing Specialist role is between $100,000 and $700,000, depending on the candidate’s background, experience and skills.
What benefits does Netflix offer?
Netflix provides comprehensive health plans, mental health support, a 401(k) retirement plan with employer match, stock options, disability programs, paid time off and family-forming benefits, among others.
What kind of work environment can I expect at Netflix?
Netflix fosters a culture of innovation, diversity and inclusion. The company values autonomy, encourages employees to bring their full selves to work and promotes collaboration across teams. You’ll work in a flexible and dynamic environment.
Is this a remote position?
Yes, the Technology Sourcing Specialist position is fully remote, allowing flexibility in work location.
What types of software will I be working with?
You will work with a variety of software relevant to both Studio and Corporate stakeholders, requiring you to develop and maintain knowledge of these products to optimize sourcing deals.
How is performance measured in this role?
Success is measured by the ability to centralize software spend, maintain strong vendor relationships, execute effective sourcing strategies and drive data-driven decisions that benefit Netflix’s overall technology investment strategy.
Will I need to collaborate with other departments?
Yes, you will work closely with cross-functional teams such as Information Security, Finance, Legal and others to align sourcing strategies and ensure contracts meet organizational needs.
How does Netflix approach diversity and inclusion?
Netflix is deeply committed to diversity and inclusion, celebrating individuals from all backgrounds. The company does not discriminate based on race, gender, religion, sexual orientation, disability or other factors, ensuring an inclusive work environment for all.