Highlights
Oversee preparation of regular management reports and spend analysis (e.g., total vendors, vendor changes, new vendors, top vendors, Open Purchase Orders, highest vendors, contract compliance, etc.) and develops/reports on key performance indicators to measure performance and internal/external customer satisfaction levels. Deep experience working in procurement consulting, finance shared services, and outsourcing environment including procurement with thorough understanding of accounting controls in a Sarbanes Oxley environment, and managing or oversight of multi-entity and multi-state processes, including managing external service providers and vendors.
Numbers & Facts
| Location | San Diego, CA |
| Industry | Staffing/Employment Agencies |
| Salary | $120,000–$150,000 Per Year |
| Company Size | 500 to 999 employees |
| Year Founded | 1999 |
| Website | http://www.eclaroit.com |
Description
VP, Procurement
Job Number: 26-00962
Job Number: 26-00962
Join a leading Financial Services organization. ECLARO is looking for a VP, Procurement for our client in San Diego, CA.
ECLARO’s client is a forward-thinking financial institution delivering digital banking and financial solutions that help individuals and businesses manage their finances with ease and confidence. If you're ready for a rewarding challenge, apply today!
Position Overview:
- The VP, Senior Manager Procurement oversees the procurement process, develops and implements procurement strategies, manages supplier relationships, and ensures compliance with company policies.
- They analyze market trends, negotiate contracts, and lead a team of procurement professionals to optimize purchasing efficiency and cost-effectiveness.
Responsibilities:
- Develop sourcing strategies in conjunction with key business partners to ensure achievement of business requirements
- Develop key category strategies, including outsourced services and IT/development, in collaboration with stakeholders, to address risk, total cost, supply, etc.
- Monitor economic drivers, supply market, to assess impact to Client.
- Liaise with key internal stakeholders to determine their product and service needs; collaborate to ensure clarity of specifications and expectations are anticipated and met.
- Proactively bring cost management opportunities to stakeholders
- Source and engage reliable suppliers and vendors, and initiate business and organization partnerships
- Examine and test existing contracts; renegotiate as required
- Lead contract negotiations planning and execution, in collaboration with internal stakeholders
- Provide counsel to key stakeholders on both key legal and business terms during contract negotiations
- Develop vendor spend database and tracking
- Support an improved source to pay process, including proper review of contracts by all necessary stakeholders, support coordination with Purchase Order creation
- Oversee preparation of regular management reports and spend analysis (e.g., total vendors, vendor changes, new vendors, top vendors, Open Purchase Orders, highest vendors, contract compliance, etc.) and develops/reports on key performance indicators to measure performance and internal/external customer satisfaction levels.
- Track and report key functional and contractual metrics to reduce expenses and improve effectiveness
- Control spend and build a culture of long-term savings on total cost of ownership
- Ensure contracts terms meet regulatory guidance and requirements.
- Ensure vendors and contracts are properly reviewed with Risk, Legal, and other stakeholders for proper due diligence
Required Qualifications:
- Bachelors' degree in supply chain management, logistics, business administration, or relevant degree; MBA preferred
- 7+ years of procurement or related role
- Deep experience working in procurement consulting, finance shared services, and outsourcing environment including procurement with thorough understanding of accounting controls in a Sarbanes Oxley environment, and managing or oversight of multi-entity and multi-state processes, including managing external service providers and vendors
- Experience with managing RFI/RFP process for large complex categories of spend
- Experience with implementation and operational management of requisition to PO process
- Demonstrated problem solving skills with a detail-oriented mindset and able to work with complex business challenges
- Excellent analytical abilities and ability to apply mathematical concepts such as statistical data, fractions, percentages, ratios, and proportions to practical situations
- Collecting and analyzing data
- Talent in negotiations and networking
- Good leadership capabilities
- Proficient in Excel
- Banking industry preferred
- Experience with online sourcing / procurement tools is a plus
Salary: $120000.00-$150000.00/Year
If interested, you may contact:
Kath Torres
katherine.torres@eclaro.com
5134499042
Kath Torres | LinkedIn
Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.
About Company
Eclaro is a Business and Technology Consulting Firm that connects top talent with opportunities nationwide. We have direct access to Hiring Managers from leading Fortune 1000 organizations in almost every industry segment, with particular expertise in:
• Technology and Business Consulting
• Financial Services and Insurance
• Pharmaceuticals and Life Sciences
• Consumer Products, Public Sector, and Utilities
Eclaro provides fully customizable, comprehensive talent acquisition and management of seasoned professionals through a number of business models, including:
• Consulting
• Professional Hiring
• Global Integrated Delivery™
• Managed Services
Eclaro recruits and manages a staff of highly skilled individuals in an array of specialized disciplines enabling our clients to leverage new opportunities, respond to increased and changing demands, and increase their profitability.
Eclaro’s Management Team averages over 25 years of experience in partnering with clients in technical, corporate operations and human capital solutions. We hold ISO 9001:2008 certification and have achieved SOC 2 Type 2 certification in Security, Availability and Confidentiality. Eclaro’s decades of expertise and collaborative practice have proven that The Right People are The Answer.
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