Role Description As Product Manager Procurement & Portfolio Management, you take on one of the most strategically defining product roles within our energy retail business: you design how 1KOMMA5° procures, hedges, and optimizes electricity for an increasingly flexible customer portfolio. You sit at the intersection of energy markets, energy procurement, our flexibility assets, and our customer-facing tariff strategy - and you turn this into a measurable commercial advantage. - Own our Procurement Strategy: Define how and where 1KOMMA5° procures energy for our customer portfolio - across day-ahead, intraday, and forward markets. Develop a clear market split logic, and continuously refine it based on portfolio characteristics, customer mix, and market conditions. - Design Portfolio Hedging & Risk Management: Build hedging and risk management strategies tailored to different customer portfolios (dynamic vs fixed tariffs or flexibility/ancillary services). Define when and how we lock in volumes, what we leave open, and how we balance commercial upside against risk exposure. - Shape Our Flexibility Procurement Model: Design how we procure and steer our flexibility portfolio. Defining models such as flexibility bands, fixed volumes, strike-price-based offers, and the trade-offs between them. Develop the commercial logic and the operational requirements for each model. - Run Quantitative Portfolio Analysis: Independently run analyses on procurement performance, hedging effectiveness, and portfolio economics. Build the analytical foundation that supports strategic decisions, identifies optimization opportunities, and quantifies the impact of changes to our procurement and steering setup. - Monitor Performance and Drive Continuous Improvement: Define KPIs across procurement cost, hedge effectiveness, portfolio risk, and flexibility margin. Use data to continuously sharpen our market positioning and commercial performance. Qualifications - 4+ years of experience in (international) energy procurement, portfolio management, or energy trading, ideally in a utility, energy retailer, trading desk, or aggregator environment. - Strong analytical skills with hands-on experience running portfolio analyses, hedge calculations, and market scenarios (Python, SQL, or comparable tools are a strong plus). - Proven ability to translate market and commercial logic into structured processes and product requirements. - Entrepreneurial, proactive, and comfortable navigating ambiguity in a fast-moving market environment. - Excellent written and spoken English and German. Requirements - Deep understanding of European power markets - day-ahead, intraday, and forward markets - and the mechanisms that drive prices. - Solid working knowledge of hedging instruments (futures, options, OTC), balancing markets, and BRP settlement. - Familiarity with flexibility products and procurement models (flexibility bands, fixed volumes, strike-price offers) and their commercial trade-offs. - Awareness of regulatory frameworks shaping energy retail (Marktkommunikationsprozesse, balancing regimes, market design developments). - Experience working with external procurement partners, ETRM systems, or trading platforms is a strong plus. Benefits - You are part of an international, dynamic, and highly motivated team of people who have proven to make things happen. - With your work, you accelerate the "energy transition" and hence have a direct impact on our climate. - Work with and learn from other super-smart colleagues. - You will enjoy direct contact with core decision-makers. - You will enjoy the best chances of entering full-time in one of Europe's most thriving scaleups. - You can work in one of our offices in Hamburg, Berlin or Munich. - Create a healthy balance alongside your work and enjoy all the benefits of the EGYM Wellpass. - Benefits and discounts are yours with Futurebens. - Whether city bike or e-bike - be flexible with our job bike leasing and do something good for the environment at the same time.

• As Product Manager Procurement & Portfolio Management, you will shape one of the strategically decisive product roles within our energy retail business. • Define how and where 1KOMMA5° procures, hedges and optimizes energy for our customer portfolio. • Develop a clear market segmentation and continuously refine it based on portfolio characteristics, customer mix and market conditions. • Design hedging and risk management strategies tailored to different customer portfolios. • Perform independent analyses of procurement performance, hedging effectiveness and portfolio profitability. • Define KPIs covering procurement costs, hedge effectiveness, portfolio risk and flexibility margin.

Role Description As Procurement Operations Manager, your primary focus will be to architect and manage the systems, processes, and analytical frameworks that empower the global sourcing and procurement organization. You will be reporting to the Senior Manager, Strategic Sourcing in North America, to transform procurement operations into a data-driven engine of efficiency. You will work closely with global sourcing leads to drive value through operational excellence, automation, and high-quality organizational metrics across all technical and non-technical spend categories. This role is highly cross-functional and requires consistent liaison with IT, Accounts Payable, and other key departments across the company to ensure operational alignment. What You Will Be Doing - Operations, Systems, & Analytics - Act as project manager for the Sourcing team, keeping key projects on track and supporting weekly key deals reviews. - Improve procurement and contract management policies, processes, and procedures while ensuring compliance. - Develop and track key metrics including contract review cycle time, savings, supplier consolidation and relationship management, risk reduction and management, and improved visibility and control of expenditures. - Strengthen reporting and analytics across procurement and contract activities to highlight trends, risks, challenges, and opportunities. - Support implementation of systems and tools that drive productivity gains across procurement, sourcing, and contract management. - Serve as subject matter expert for procurement tools such as Workday, Lucid, BigQuery, Tableau, Netsuite, and Omnea, ensuring system integrity. - Support new procurement tool implementation through cross-functional collaboration and representation of sourcing interests. - Build and maintain advanced analytics dashboards for real-time visibility into global spend, contract cycle times, and supplier performance. - Architect and automate intake-to-pay workflows to remove manual bottlenecks and improve stakeholder experience. - Operational Support & Procurement Enablement - Overseeing the contract administration lifecycle and coordinating review processes using established playbooks to ensure compliance. - Managing tactical, high-volume procurement proposals and bids aligned with broader category strategies and technical requirements. - Operationalizing global agreements by partnering with Legal and IT to streamline execution of SOWs, MSAs, and NDAs. - Owning the training curriculum for the sourcing and procurement team to support development and knowledge sharing. - Rolling out automation projects to improve operations and efficiencies within the Sourcing team. Qualifications - Expertise in procurement tools and systems implementation, including Workday, ServiceNow, Tableau, Lucid, Netsuite, Omnea, and similar platforms. - Strong analytics and reporting skills, with the ability to draw insights from complex data and improve procurement visibility. - Experience automating procurement workflows and intake-to-pay processes to drive productivity gains. - A Bachelor’s or Master’s degree in business, law, or equivalent, plus 7 to 10 years of relevant experience in sourcing and procurement operations. - Deep understanding of vendor contracts, purchasing, and contract review processes, with a focus on compliance and efficiency. - Experience leading international procurement operations and contract teams in global high-growth technology companies. - Ability to translate complex contractual terms into operational workflows and playbooks in partnership with Legal teams. - Strong leadership, coaching, presentation, and relationship-building skills, with the ability to manage a distributed team and influence business partners. - Ability to build strong relationships with key business partners and vendors, and lead purchasing projects across categories. - Flexibility to support global time zones, especially North America, and willingness to travel as needed. - A self-starter mindset with a positive, can-do attitude, initiative, and focus on results. - Passion for operational improvement, productivity gains, and performance metrics. - Proven ability to govern and orchestrate AI agents for tail spend management and contract intelligence, while helping upskill the procurement team for the AI era. - Active participation in procurement networks and industry forums such as SIG, with strong knowledge of AI-driven procurement tools, automation, and emerging trends. Benefits - Competitive pay based on the work you do here and not your previous salary. - Health coverage for you and your family in many locations. - Ability to craft your calendar with flexible locations and schedules for many roles. - Generous number of vacation days each year. - Increase your impact - We match up to $2000 (or local currency equivalent) for financial donations and service. - Up to 40 hours each year to use toward volunteer projects you love. - Embracing parenthood with a minimum of 16 weeks of parental leave.

• Lead and support procurement consulting engagements from discovery through implementation. • Conduct spend analysis, procurement diagnostics, and benchmarking assessments to identify cost-saving opportunities and operational efficiencies. • Develop category and sourcing strategies, supplier management frameworks, and procurement governance models. • Perform supplier market research and support RFP/RFI development, bid evaluations, and contract negotiations. • Collaborate with cross-functional teams to assess procurement processes and implement improvement initiatives. • Facilitate stakeholder workshops and interviews to align procurement strategies with business objectives. • Support procurement technology implementations, including Coupa, Ariba, SAP, Jaggaer, Ivalua, and GEP. • Prepare and deliver executive-level presentations, recommendations, and reports for client and internal stakeholders. • Coach and mentor junior consultants while contributing to proposal development and practice-building initiatives.