Sr. Manager Finance Transformation – Purchase to Pay

Sr. Manager Finance Transformation – Purchase to Pay
Vertiv

Europe, Romania, Cluj, Cluj-Napoca

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Salary

$100,000 - $130,000 Per Year

Rank

Senior Manager

Responsibility

Design/Transform

Scope

Global

Workplace

100% in office

Functions

Finance

Procurement

Reports to

CAO and Sr Director of Finance Transformation

Level

N-2

Travel Max:

25%

Posting Date

02-06-2025

Description

The Sr Manager of Finance Transformation – Purchase to Pay will lead and drive the finance transformation agenda across the finance/accounting organization, ensuring alignment with strategic business objectives. This role is responsible for reengineering processes, implementing best practices, and leveraging technology to enhance efficiency, accuracy, and decision-making capabilities. The Sr Manager will work closely with senior leadership, finance teams, our shared service centers in Cluj, Romania, Manila, Philippines and Reynosa, Mexico.

Sr. Manager Finance Transformation – Purchase to Pay

Key Responsibilities

Strategy Development and Execution:

  • Lead the development and execution of the Purchase to Pay Transformation strategy, ensuring alignment with overall business goals and priorities.
  • Own and execute transformation roadmaps, milestones, and success metrics for the Purchase to Pay processes.
  • Provide strategic direction and guidance to the finance leadership team to ensure effective implementation of transformation initiatives.
  • Establish overall Transformation governance structure and KPI’s.

Process Optimization and Efficiency:

  • Drive the reengineering of processes to streamline workflows, enhance automation, and improve data accuracy.
  • Lead initiatives to improve the days payable outstanding (“DPO”) across all regions while improving quality and customer experience.
  • Partner with upstream teams such as procurement and the business to drive further touchless automation and three-way match of invoices.

Technology Integration and Innovation:

  • Lead the implementation, and integration of finance technology solutions (e.g., robotic process automation, AI tools) to modernize finance operations. The role will also look to optimize existing tools and partnerships where they exist.
  • Stay ahead of emerging trends in finance technology and innovation, ensuring the finance function leverages the latest tools to stay competitive.
  • Foster a culture of continuous learning and adoption of digital tools across finance teams.

Change Management and Stakeholder Engagement:

  • Manage transformation projects, including stakeholder engagement, risk management, and communication across departments.
  • Develop and implement change management strategies to support the transition to new systems, processes, and ways of working.
  • Work closely with business leaders to ensure successful adoption and alignment of transformation initiatives with broader business goals.

Governance and Compliance:

  • Ensure that finance transformation initiatives adhere to regulatory standards and internal governance policies.
  • Establish frameworks for monitoring the performance of new processes and systems to ensure compliance and continuous improvement.

Leadership and Team Development:

  • 3 to 4 direct reports including regional subject matter experts for Purchase to Pay.
  • Lead, mentor, and develop a high-performing transformation team, providing coaching and guidance to help team members achieve their professional development goals.
  • Foster a culture of collaboration, innovation, and accountability within the finance function.

Performance Tracking and Reporting:

  • Implement metrics and KPIs to track the effectiveness of finance transformation initiatives and measure progress against objectives.
  • Regularly report progress to the CAO and Sr Director of Finance Transformation, providing insights on key outcomes, challenges, and areas of improvement.

Financial Stewardship and Risk Management:

  • Collaborate with other finance leaders to ensure that finance transformation efforts support sound financial management and risk mitigation.
  • Ensure that new processes and systems maintain the integrity of financial data and minimize operational risk.

Qualification & Requirements

No Information Available

Benefits

  • Insurance, Health & Wellness
  • Financial & Retirement
  • Family & Parenting
  • Vacation & Time Off
  • Other Perks & Discounts…

Company Profile

Vertiv
Industry

Appliances Electrical and Electronics Manufacturing

Revenue

$6.8B

Employees

27,000

Fortune 500 Rank

#597

Global 500 Rank

NA

View Company Profile