Director, Procurement Strategy

Toast, Inc.

Confirmed live yesterday High trust
Remote

Quick summary

Work type
Remote
Location
New York, NY
Salary
$186,000–$298,000 / yr
Posted
7 days ago
Freshness
Confirmed live yesterday
Closes
Dec 22, 2026

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $233k
This role $242k
$165k most similar roles pay here $312k

This role pays more than 56% of similar roles. Most pay $193,000–$273,987 — the shaded band above. At the midpoint, this role pays about $242k versus about $233k for comparable roles.

Based on 240 similar postings.

Employer

About Toast, Inc.

Toast is a cloud-based restaurant management platform providing point-of-sale, payment processing, and operations software for the food service industry.

Toast, Inc. currently has 24 open roles on FindRole.

Listed pay typically runs $184,500–$295,500 across 24 roles with salary data.

Most-posted roles

View all roles at Toast, Inc.

At a glance

TL;DR · Director, Procurement Strategy

Director, Procurement Strategy joins the Procure-to-Pay team to own the forward agenda for the company’s purchasing operations. This role focuses on defining a multi-year roadmap involving process, policy, tooling, and category strategy while leading high-value vendor negotiations and driving an automation and AI agenda across the lifecycle. The successful candidate will build business cases for investment, establish operating principles, and manage a direct report to grow team capabilities. Key responsibilities include partnering with IT, Engineering, and Legal to integrate technology that improves cycle time and cost. The role requires expertise in procurement, sourcing, and finance transformation, specifically utilizing modern source-to-pay technology and AI tools. This position solves the challenge of evolving manual procurement tasks into a strategic function by creating scalable systems for how the organization buys and pays for goods and services.

What you'll do

  • Define and own the multi-year Procure-to-Pay strategy, including process, policy, tooling, and category roadmap.
  • Develop business cases for P2P investments regarding cost, risk, and return for senior leadership approval.
  • Drive the automation and AI agenda to improve cycle time, cost, and user experience across the P2P lifecycle.
  • Lead complex, high-value negotiations with Toast's top-tier strategic vendors to secure favorable terms and contract structures.
  • Manage, coach, and develop a direct report while building team capabilities for future transformation goals.
  • Serve as the senior procurement voice to executive leadership across Finance, IT, Engineering, and Legal departments.
  • Establish operating principles, control philosophies, and policy frameworks for the P2P function.

What we're looking for

  • 10+ years of experience in procurement, sourcing, finance transformation, or a related discipline focused on strategy and change.
  • Experience managing and developing people is required.
  • Proven track record leading complex, high-value vendor negotiations that set precedent.
  • Demonstrated ownership of an end-to-end transformation agenda including diagnosis, business case, executive buy-in, delivery, and adoption.
  • Fluency with modern P2P/source-to-pay technology and a clear point of view on automation and AI value.
  • Exceptional executive communication skills to influence senior leaders and drive decisions.
  • Ability to drive outcomes through influence and build partnerships with non-reporting operating leaders.
  • Experience in high-growth tech or SaaS, scaling P2P functions, working with global teams, or SOX compliance (preferred).

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