Marketing Budget & Procurement Operations Manager

Posted:
7/14/2024, 5:00:00 PM

Location(s):
California, United States ⋅ Belmont, California, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Growth & Marketing ⋅ Operations & Logistics

Workplace Type:
Hybrid

Say hello to opportunities.

It’s not everyday that you consider starting a new career. We’re RingCentral, and we’re happy that someone as talented as you is considering this role. First, a little about us, we’re a $2 Billion annual revenue company with double digit Annual Recurring Revenue (ARR) and a $93 Billion market opportunity in UCaaS, Contact Center and AI-powered adjacencies. We invest more than $250 million annually to ensure our AI-enabled technology and platforms meet or exceed the needs of our customers. 

RingSense AI is our proprietary AI solution. It’s designed to fit the business needs of our customers, orchestrated to be accurate and precise, and built on the same open platform principles we apply to our core software solutions.

This is where you and your skills come in. We’re currently looking for a: Marketing Budget & Procurement Operations Manager The Marketing Budget & Procurement Operations team at RingCentral is responsible for ensuring our Marketing team executes our spend plan on time and on target. The Marketing Budget & Procurement Operations Manager will be responsible for monthly and quarterly facilitation and execution of Marketing spend plan, ownership of the Marketing Systems vendor portfolio, and management, coaching, and oversight of the five Marketing Budget & Procurement Operations team members. This individual will partner closely with marketing leaders and budget owners as well as partners in FP&A, Legal, Procurement, and Accounts Payable. 

Job Duties:

Manage the Marketing Systems vendor portfolio including: 

  • Maintaining the vendor database for Marketing & Marketing Systems

  • Initiating renewal conversations and/or alternative vendor explorations with business owners well in advance of renewal dates.

  • Partnering with procurement to negotiate vendor rates and increase ROI from vendor spend. 

  • Working with business owners and procurement to evaluate potential new vendors. 

Partner closely with Finance counterparts to:

  • Produce an Annual Operating Plan

  • Complete quarterly spend plans with inputs from marketing budget owners and leadership.

  • Design effective budgeting policies and procedures and lead training & implementation. 

  • Optimize budget management tools to best integrate with financial systems and processes.

Partner with finance, procurement & IT to further develop Procure to Pay system requirements, ERP system requirements, marketing accrual process and financial reporting tools.

Partner closely with Analytics counterparts to: 

  • Plan and execute the quarterly spend & KPI forecasting process.

  • Generate forecasting models that are comprehensive of all required metrics. 

  • Ensure forecasting models are user-friendly and incorporate changes in Marketing business model, KPIs, or attribution frameworks.

  • Enable Marketing team toward completion of forecasting process in a timely manner.

  • Train & enable the marketing team on the end-to-end procurement and budget management process.

  • Coach & upskill a team of analysts responsible for: 

  • Managing the daily operations for the global marketing budget including PO creation, contract processing, invoice management, expenses, variance reporting, etc.

  • Ensuring our Marketing budgeting system (Allocadia) reflects the most accurate and up-to-date in-quarter spend forecast.

  • Working with budget owners to highlight potential plan variances before they occur.

  • Owning all new vendor setup requests in partnership with accounts payable.

  • Opening/managing POs and vendors for all SOWs across the Global Marketing function.

  • Confirming invoices, spend, and taxability are categorized accurately for reporting.

  • Reconciling all transactions & partnering with finance to ensure accurate accruals and monthly/quarterly close.

  • Working with Legal and Procurement to ensure we have copies of the fully executed MSA's, contracts, W-9's, etc. to ensure compliance with the financial system process

To succeed in this role you must have experience in:



 

  • Experience managing marketing budgets and strategic planning, preferably at a fast-growing, matrixed tech company.

  • Strong interpersonal skills, including establishing credibility, trust, and building influential relationships with Marketing, Finance, and Analytics partners.

  • Comfort with ambiguity and working in a fast-paced team with changing priorities.

  • Strong planning, analytical, communications, decision-making, lateral thinking, influencing, interpersonal and project management skills.

  • Experience in scalable process design and project management with a passion for continuous improvement.

  • Excellent communication skills with experience presenting complex challenges and recommendations to senior leaders.

  • Highly organized and autonomous.

Education and Training

  • 5 years of experience in marketing operations, revenue operations, and/or finance.

  • Understanding of marketing business concepts and processes and how that relates to the budgeting and planning cycles.

  • Experience defining strategies to improve return on investment and driving implementation of associated metrics, datasets, and dashboards.

  • Extensive knowledge of Excel or Google Sheets with advanced knowledge of pivot tables, lookups, and logical functions a must.

 


 

What we offer:  

  • Comprehensive medical, dental, vision, disability, life insurance

  • Health Savings Account (HSA), Flexible Spending Account (FSAs) and Commuter benefits

  • 401K match and ESPP

  • Paid time off and paid sick leave

  • Wellness programs including 1:1 coaching and meditation guidance 

  • Paid parental and pregnancy leave and new parent gift boxes

  • Family-forming benefits (IVF, Preservation, Adoption etc.)

  • Emergency backup care (Child/Adult/Pets)

  • Pet insurance and Pet Telehealth

  • Employee Assistance Program (EAP) with counseling sessions available 24/7

  • Free legal services that provide legal advice, document creation and estate planning

  • Employee bonus referral program

  • Student loan refinancing assistance

  • Employee perks and discounts program

RingCentral’s Marketing team uses data, strategy and creativity to share our story with the world—and this is a once-in-a-career chance to help plan, coordinate, implement, and oversee it.  As part of the global leader in the Unified Communications space, you’ll be supported with the resources to produce work that not only moves the needle, but moves markets.  

RingCentral’s work culture is the backbone of our success. And don’t just take our word for it: we are recognized as a Best Place to Work by Glassdoor, the Top Work Culture by Comparably and hold local BPTW awards in every major location. Bottom line: We are committed to hiring and retaining great people because we know you power our success. RingCentral offers on-site, remote and hybrid work options optimized for the ways we work and live now.

About RingCentral

RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™  (MVP™) global platform. More flexible and cost effective than legacy on-premises PBX and video conferencing systems that it replaces, RingCentral® empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral is headquartered in Belmont, California, and has offices around the world.

RingCentral is an equal opportunity employer that truly values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We are committed to providing reasonable accommodations for individuals with disabilities during our application and interview process. If you require such accommodations, please click on the following link to learn more about how we can assist you.

If you are hired in Belmont, CA the compensation range for this position is between $88,550 and $164,450 for full-time employees, in addition to eligibility for variable pay, equity, and benefits. Benefits may include, but are not limited to, health and wellness, 401k, ESPP, vacation, parental leave, and more! The salary may vary depending on your location, skills, and experience.




 

This role has an application deadline of (60 days from the date of posting). Please apply prior to the deadline to be considered for the role.


 

RingCentral

Website: https://ringcentral.com/

Headquarter Location: Belmont, California, United States

Employee Count: 5001-10000

Year Founded: 2003

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Cloud Computing ⋅ Collaboration ⋅ Enterprise Software ⋅ Meeting Software ⋅ SaaS ⋅ VoIP