Gerard Troy

Gerard Troy

Overseas Professional Player

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location of Gerard TroyNew Zealand

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  • Timeline

  • About me

    Head of Strategic Sourcing & Procurement at Xero

  • Education

    • St Patricks College Silverstream

      -
    • Crusaders Leadership Programme

      2024 -
      Leadership Certificate Organizational Leadership

      - Help your people to thrive- Build a high performing team- Create a culture of learning- Leave a legacy

    • Victoria University of Wellington

      1997 - 2001
      Bachelor of Commerce & Administration; Bachelor of Commerce; Bachelor Information Systems, Management
    • The Open University

      2007 - 2008
      Year 1 MBA Professional Diploma in Mgmt

      Activities and Societies: Open University Alumni

  • Experience

    • Billericay Cricket Club

      Apr 2002 - Sept 2002
      Overseas Professional Player
    • Air New Zealand

      Mar 2003 - Apr 2006
      • Market Analyst

        Feb 2004 - Apr 2006
      • Sales Representative

        Mar 2003 - Jan 2004
    • Bupa

      Aug 2006 - Sept 2007
      Contracts Manager
    • Spire Healthcare Group plc

      Sept 2007 - Jun 2009
      Contracts Manager
    • Bank of New Zealand

      Mar 2010 - Jun 2010
      Procurement Partner
    • Spark New Zealand

      Jun 2010 - Jul 2015

       Leading commercial negotiations and contract management for Spark’s largest government clients. A key member of the customer facing account team throughout the contract lifecycle, including negotiating new business and providing contract and commercial services where required. Led negotiations for major non-standard RFP deals and supported Spark Digital sales teams in key transactions including ensuring all back to back supply agreements are in place.  Negotiated a key supply agreement for handheld devices with a world leading communications firm and the requisite customer agreement to facilitate the sales of these devices.  Leading commercial negotiations on the contract renewal of Spark Digital's largest IT and Telecommunications outsourced customer. Securing an additional contract term and significant at risk revenue. Major clients includes ; NZ Police, NZ Fire, Ministry of Justice, Ministry of Corrections Show less  Responsible for supporting the Head of Sourcing and the Group Procurement Office to achieve business outcomes by developing and managing sourcing strategies, plans and approaches for new and existing supplier agreements. Led & developed innovative sourcing strategies and RFx that have resulted in continuous improvements to cost and/or value meeting Spark’s overall business strategies. Negotiated favourable Master Agreements with key IT suppliers with annual spend of circa $10m that included significant reductions in rate cards and volume discount agreements that have delivered 20%+ ($1-2m) cost saving  Lead commercial negotiator for Spark BU’s – Corporate, Retail and Digital Ventures, covering the following categories; Mobile Phones, Business and Financial Consulting, Customer Content and New Business. Negotiated significant settlement with Major IT supplier through a 12 month period of sustained supplier management  Developed and Implemented a major procurement process improvement initiative that enabled the business to radically change the way Spark contracted with third parties, resulting in an estimated $1m + savings annually Jointly led a Software Support renewals programme that resulted in a $11m annual opex savings Show less

      • Commercial Consultant

        Jul 2014 - Jul 2015
      • Strategic Sourcing Manager

        Oct 2011 - Jun 2014
      • Principal Contracts Manager

        Jun 2010 - Sept 2011
    • Xero

      Aug 2015 - now

      Helping drive the continued evolution of the Xero's Global Finance function. This includes managing and delivering a major change program to deliver significant system automation benefits and implementations of complex finance centric systems.From Dec 2016, I was appointed into a newly established role as Finance Program Manager. I was selected for this role given my extensive commercial and procurement knowledge, experience in complex system implementations and specialist understanding of how projects are managed in Xero. To date highlights achieved are; • Established a program management function within the Global Finance team that has developed a program of work consisting of 11 strategic initiatives and 12 finance led projects.• Completed a comprehensive review of Xero’s finance centric systems and the business processes that underpin these to set the platform for delivering a scalable Global Finance function• Successfully led a review of Xero’s expense management system and the subsequent selection, implementation and rollout globally of a new solution resulting in significant cost savings and considerable reduction in the time and effort to complete expense claims. • Currently overseeing the planning and implementation of a contract management system and improvements to Xero’s procure to pay activities globally.Finance system experience includes; Netsuite, Concur, Expensify, Adaptive, Xero, SAP, Agiloft, Blackline Show less From Feb 2016 – Nov 2016 I was appointed as Acting Head of Commercial & Procurement. During this 9-month tenure as Acting Head of Commercial and Procurement for Xero globally, the Commercial and Procurement Team achieved significant cost reductions and delivered the following highlights; • Grew the team from 3 to 5 and continued to derive considerable value from supplier negotiations and establishing a greater commercial acumen across the company• Managed and oversaw 100+ successful supplier contract negotiations as the team extended their influence across the business • Oversaw the review and selection process of Xero’s contract management solution, resulting in a comprehensive RFP and subsequent selection of a preferred supplier Show less From Aug 2015 – Jan 2016 I was employed as a Commercial & Procurement Manager at Xero focusing on establishing a commercial presence in the Sales & Marketing business unit globally and achieved the following highlights; • Led commercial negotiations on behalf of the Sales & Marketing function within Xero, establishing global relationships with internal stakeholders and building a strategic category approach to how Xero procure marketing services.• Developed and delivered recommendations to the Chief Marketing Officer to improve the way Xero approached digital media spend • Established preferred provider contracts with conversion partners, merchandise suppliers and advertising agencies Show less

      • Head of Strategic Sourcing

        Jun 2022 - now
      • Senior Commercial Manager / Procurement Business Partner

        Feb 2018 - Jun 2022
      • Global Program Manager

        Jan 2017 - Feb 2018
      • Head of Commercial & Procurement

        Feb 2016 - Dec 2016
      • Commercial & Procurement Manager

        Aug 2015 - Jan 2016
  • Licenses & Certifications

    • Crusaders Leadership Programme™

      Crusaders Leadership Programme™
      Mar 2024
      View certificate certificate
  • Honors & Awards

    • Awarded to Gerard Troy
      2024 NZ Procurement Excellence Awards - Finalist in Project of the Year New Zealand Procurement Excellence Forum Oct 2024 Finalist in the Project of the Year award category - for the procurement of a new subscription & billing solution for Xero
    • Awarded to Gerard Troy
      2024 NZ Procurement Excellence Awards - Team of the Year New Zealand Procurement Excellence Forum Oct 2024 Most effective team of the year at the NZ Procurement Excellence awards
    • Awarded to Gerard Troy
      2023 NZ Procurement Excellence Awards - Finalist in Team of the Year NZ Procurement Excellence Forum Sep 2023 Procurement Team of the Year category
    • Awarded to Gerard Troy
      2019 CFO Awards Team of the Year - Winner CFO Awards New Zealand Mar 2019
    • Awarded to Gerard Troy
      2018 EY Procurement Team of the Year - Winner EY New Zealand Apr 2018
    • Awarded to Gerard Troy
      2017 CFO Awards Team of the Year - Finalist CFO Awards New Zealand Mar 2017