VP/Principal-Strategic Sourcing/Procurement-Global Investment Management Leader!

Leading, highly reputable global investment management firm experiencing impressive growth is looking for a VP / Principal for the Strategic Sourcing & Procurement activities of the organization.

Excellent visibility and opportunity to make an immediate impact throughout the firm!

• Top tier management consulting firm and / or large financial services firm required!
• Total Compensation (base + annual bonus) $220K - $340k depending on level / experience.
• Hybrid 3 days / week in office

Responsibilities :

• Provides overall direction to the Sourcing and Procurement organization including efforts to reduce costs, mitigate risks, improve spend compliance and establish best practices
• Monitors and measure Sourcing and Procurement Organization effectiveness against established performance metrics
• Develops a highly qualified and effective Sourcing and Procurement Organization
• Facilitates change management with colleagues and key stakeholders throughout the system
• Monitors and enforces compliance to existing processes and policies and develops new policies and procedures in the areas of category management, sourcing, supplier relationship management and purchasing
• Approves high dollar contracts
• Identifies large-scale business opportunities and improvement initiatives that support system strategic objectives while maximizing profitability
• Drive use of procurement practices and standardization of procurement processes while minimizing supply risk
• Originates new concepts and innovative approaches for the organization; develops skills of supporting team and provides performance review reporting
• Influences large strategic sourcing and purchasing decisions
• Prepares and recommends operating and personnel budgets for approval. Monitors spending for adherence to budget, recommends variances as necessary.
• Establish KPI / Metrics and reporting

Qualifications

• B.S. / B.A. degree in Business (or other related degree programs), MBA preferred
• 8+ years of Strategic Sourcing / Procurement experience, Performance Measurement, Contract Negotiation, Project Management, Category Management, Business Analytics, Change Management
• Strong knowledge of category management, strategic sourcing, and supplier relationship management processes
• Proven track record in delivery of complex, cross-functional sourcing and procurement initiatives on time and on budget
• Demonstrated success in leveraging company-wide spend by ensuring the implementation of global / international agreements
• Knowledge and experience of strategic sourcing processes with technology contracts required . Nationally recognized professional certification preferred (Certified Purchasing Manager or Certified Professional Contract Manager).
• Experience being on a project team implementing new technology and / or enterprise level process change a plus.
• Knowledge and experience with best practice processes, tools, and procurement / spend systems data and analysis
• Strong organizational, planning and problem-solving skills multi-task oriented with strong attention to detail
• Strong people management, development and coaching experience
• Excellent interpersonal skills to facilitate change management with colleagues and key stakeholders (perceptive and adaptable)
• Excellent verbal and written communication and negotiating skills
• Must be able to interface at all levels of the organization and with suppliers to solve problems when facing evolving demands
29 days ago