Vice President, Purchasing and Accounts Payable Operations

Key Responsibilities

Strategic Leadership

• Develop and implement Procure to Pay strategies that align with the company’s goals and objectives.
• Lead the purchasing and accounts payable shared service teams to ensure timely and accurate processing of purchase orders, invoices and payments.
• Collaborate with senior management to drive cost-saving initiatives and improve on existing policies and processes.
• Provide leadership and subject matter expertise on system implementations and business integrations

Operational Management

• Oversee the day-to-day operations of the purchasing and accounts payable departments in a centralized, high volume, automated environment. Duties include vendor management, invoice processing, payment disbursement, sourcing and catalog management.
• Partner with the finance organization and other stakeholders to provide efficient and secure end-to-end processes and controls.
• Monitor and analyze key performance indicators (KPIs) to identify areas for improvement.

Financial Oversight

• Manage the operations budget and ensure cost-effectiveness of the department.
• Implement and maintain key reconciliations and internal controls to safeguard company assets and prevent fraud.
• Prepare and present financial reports to senior management.

Team Development

• Recruit, train, and mentor a high-performing team of purchasing and accounts payable professionals.
• Foster a culture of inclusivity, continuous improvement and professional development.
• Conduct performance evaluations and provide feedback to team members.

Supplier Management

• Partner with the Enterprise Strategic Procurement and Supply Chain organizations.
• Build and maintain strong relationships with certain suppliers and vendors.
• Negotiate certain contracts and agreements to secure favorable terms and conditions.
• Maintain the supplier onboarding platform.

Qualification & Requirements

Desired Qualifications

• Bachelor’s degree in Business Administration, Accounting, or a related field; MBA preferred.
• Minimum of 10 years of experience in purchasing, procurement, accounts payable, or other shared service operation with at least 5 years in a key leadership role.
• Understanding of key accounting and internal controls principles.
• Experience working in a high volume, multi-national shared service operation.
• Excellent negotiation, communication, and interpersonal skills.
• Proven ability to lead and develop high-performing teams with proven experience in driving efficiency across operations and systems.
• Proficiency in ERP and other financial systems.

Key Competencies

• Strategic Thinking
• Financial Acumen
• Cutting Edge Financial Technologies
• Leadership and Team Management
• Analytical and Problem-Solving Abilities
• Communication, Negotiation and Interpersonal Skills

Benefits

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