Chief Source to Settle Officer, Renton, WA

Posted 10 Hours Ago
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Renton, WA, USA
In-Office
Expert/Leader
Healthtech
The Role
Leads enterprise-wide source-to-settle operations, including strategic sourcing, procurement, accounts payable, supplier management, corporate cards, travel services, ERP optimization, automation, financial controls, and risk management. Drives cost savings, process standardization, compliance, reporting, and transformation across complex healthcare systems. Partners with finance, operations, clinicians, and executives while building and developing large, high-performing teams.
Summary Generated by Built In

The Opportunity


Chief Source to Settle Officer (S2S) is accountable for all system-wide procurement and accounts payable activities, as well as ancillary services such as card programs, travel services, and other related functions. This role ensures the efficient, compliant, and strategic management of the end-to-end Source-to-Settle process, driving operational excellence, cost optimization, and alignment with organizational goals.


KEY POSITION ACCOUNTABILITIES


Procurement Operations

  • Ensure efficient execution of sourcing, contracting, and purchasing processes across all categories.
  • Maintain compliance with organizational policies, regulatory requirements, and ethical standards.
  • Drive supplier performance management and risk mitigation strategies.
  • Skill with PO & Invoice processes, vendor management data management, invoice reconciliation, technical proficiency, and compliance & internal controls.
  • Understanding of clinical workflows and value-based care sourcing strategies. Utilization benchmarking, dashboards, and reporting.
  • Mastery of strategic sourcing, vendor negotiations, market research, and risk mitigation.

Accounts Payable Management

  • Oversee timely and accurate invoice processing and payment execution.
  • Implement controls to prevent fraud and ensure adherence to financial governance.
  • Optimize AP workflows through automation and continuous improvement initiatives.

Ancillary Services Oversight

  • Manage corporate card programs, travel services, and related expense management systems.
  • Ensure policy compliance and cost control for travel and card programs.
  • Monitor vendor performance and service quality for ancillary programs.
  • Ability to lead ESG initiatives and circular supply chain strategies.

Technology & Process Optimization

  • Lead system-wide adoption and optimization of ERP and procurement technologies.
  • Drive automation and digital transformation initiatives to improve efficiency and reduce manual processes.
  • Ensure data integrity and reporting accuracy for all S2S activities.

Financial Stewardship

  • Deliver cost savings and working capital improvements through strategic sourcing and payment terms optimization.
  • Monitor and report on spend analytics, compliance metrics, and operational KPIs.
  • Support budgeting and forecasting for procurement and AP functions.
  • Proficiency in using spend analytics, benchmarking, and predictive modeling,  VAT clinical integration and evidenced-based evaluation

Governance & Risk Management

  • Establish and enforce policies, procedures, and internal controls for procurement and payment processes.
  • Mitigate supply chain and financial risks through proactive strategies.
  • Ensure audit readiness and compliance with all applicable laws and regulations.
  • Experience with policy development, regulatory adherence, and audit readiness.  VAT Committee leadership, consensus building, and policy development.

Stakeholder Engagement

  • Collaborate with finance, operations, and clinical leadership to align S2S strategies with organizational priorities.
  • Serve as a trusted advisor on procurement and payment matters.
  • Communicate performance results and improvement plans to executive leadership.

Talent Leadership

  • Build and develop a high-performing team across procurement, AP, and ancillary services.
  • Foster a culture of accountability, innovation, and continuous improvement.
  • Implement succession planning and professional development programs.

QUALIFICATIONS


  • Education
    • Bachelor’s degree in Business, Accounting, Finance, Healthcare Administration, Supply Chain, or related field (Master’s preferred).
  • Experience
    • 10+ years of progressive leadership experience in procurement, accounts payable, or Source-to-Settle operations.
    • Strong knowledge of ERP systems, procurement technologies, and financial compliance.
    • Proven ability to lead large-scale transformation initiatives and manage complex stakeholder relationships.
    • A minimum of 7 years of experience in a senior or executive level position within a healthcare or related business.
    • Demonstrated experience performing described job functions, including strategic planning, business development and administration, healthcare operations, executive management, healthcare or business consulting, finance and accounting, and personnel management. 
  • Key experience highlights include:  
    • Experience in managing large complex teams with a combined population of over approximately 50 people.
    • Previous leadership in designing, establishing, and maintaining an organizational structure and staffing to effectively accomplish enterprise goals and objectives.
    • Experience standardizing complex and disparate processes from multiple disciplines including supply chain, operations, finance and accounting; experience in change management, operational improvement in complex systems.
    • Demonstrated ability to proactively analyze complex problems, devise strategies for addressing them, and produce clear and effective communications initiatives and materials.
    • Experience in working with executives and clinicians across a board array of specialties and medical care delivery settings.

About Us
At Providence, our strength lies in Our Promise of “Know me, care for me, ease my way.” Working at our family of organizations means that regardless of your role, we’ll walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable.

Posted are the minimum and the maximum wage rates on the wage range for this position.  The successful candidate's placement on the wage range for this position will be determined based upon relevant job experience and other applicable factors. These amounts are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Providence offers a comprehensive benefits package including a retirement 401(k) Savings Plan with employer matching, health care benefits (medical, dental, vision), life insurance, disability insurance, time off benefits (paid parental leave, vacations, holidays, health issues), voluntary benefits, well-being resources and much more. Learn more at providence.jobs/benefits.

Applicants in the Unincorporated County of Los Angeles: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Unincorporated Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Skills Required

  • Bachelor's degree in Business, Accounting, Finance, Healthcare Administration, Supply Chain, or a related field
  • Master's degree
  • 10+ years of progressive leadership experience in procurement, accounts payable, or Source-to-Settle operations
  • Strong knowledge of ERP systems, procurement technologies, and financial compliance
  • Experience leading large-scale transformation initiatives
  • Experience managing complex stakeholder relationships
  • At least 7 years of senior- or executive-level experience within healthcare or a related business
  • Experience with strategic planning, business development and administration, healthcare operations, executive management, healthcare or business consulting, finance and accounting, and personnel management
  • Experience managing large, complex teams totaling approximately 50 or more people
  • Experience designing, establishing, and maintaining organizational structures and staffing models
  • Experience standardizing complex processes across supply chain, operations, finance, and accounting
  • Experience with change management and operational improvement in complex systems
  • Ability to analyze complex problems and devise effective strategies
  • Ability to produce clear and effective communications initiatives and materials
  • Experience working with executives and clinicians across multiple specialties and medical care settings
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The Company
119,000 Employees
Year Founded: 1859

What We Do

Providence is a large healthcare organization that operates hospitals, clinics, and health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington. Its network includes 51 hospitals and 1,000 clinics, supported by approximately 119,000 caregivers. The organization focuses on delivering broad healthcare and social-service offerings to communities throughout the western United States through its extensive regional network and caregiver workforce.

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