Sr Manager, Finance Procurement Operations

At Netflix, our mission is to entertain the world. Together, we are writing the next episode - pushing the boundaries of storytelling, global fandom and making the unimaginable a reality. We are a dream team obsessed with the uncomfortable excitement of discovering what happens when you merge creativity, intuition and cutting-edge technology. Come be a part of what’s next.

We are looking for a stunning finance leader to manage Finance Procurement Operations (FPO) for our MarComms Finance Business Partner team. The ideal candidate has experience leading and developing a large global team, a strong understanding of accounting treatment, experience supporting efficient S2P (Source to Pay) workflows, can drive innovative process improvements to scale, has the courage to question the status quo, ability to influence FPO strategies, and is highly skilled at developing strong cross-functional relationships with business partners across various functions (FP&A, Accounting, Business Stakeholders and IT). This position will be a hybrid in-office position (Tuesday-Thursday) based in Los Angeles.

Visit our culture memo and long-term view to learn more about the unique Netflix culture and the opportunity to be part of our team.

This role leads a team of Finance Procurement Operations Business Partners who work closely with the following cross-functional teams:

• Business stakeholders – FPO is an embedded resource that understands the nature of the business they are supporting and provides the following procurement support: reviewing and re-negotiating contracts, supplier management, creating purchase orders, reviewing invoices, expense reporting, and being an active contributor to various teams

• Accounts Payable – FPO BPs create POs and provide non-PO invoice coding to enable timely and accurate invoice processing.

• FP&A – FPO plays a role in ensuring accurate coding to provide meaningful reporting, track actuals effectively to budget including monitoring and explaining material variances and identify opportunities to use data to drive informed business decisions. 

• Accounting – FPO facilitates a timely and accurate month-end close by owning the PO accrual process and explaining variance drivers.

• Systems – FPO participates in designing, simplifying and automating finance and payment workflows as well as partnering on system enhancements to automate workflows to scale.
   

Responsibilities Include:

• Managing a global team, including hiring, promoting, performance management, project delegation, coaching and development

• Partnering closely with FinTech and FP&A teams to manage S2P and Billing, to ensure accurate and meaningful reporting, ongoing training, maintenance and system enhancements

• Reviewing and providing spend analysis to executives, including historical, left-to-spend, actuals, vendor trends, etc.

• Establishing ledger coding structure and hierarchies to ensure the most meaningful tagging of spend for management reporting and decision-making 

• Overseeing the month-end close process, ensuring accuracy and completeness of expense accrual and reconciliation of accounting and planning systems; includes budget-to-actuals variance analyses

• Develop team goals and objectives, including measuring key results and building accountability 

• Review workflows to scale for growth, including process review, enhancement and/or automation in procure to pay, systems and controls

• Partner with multiple stakeholders, including Business Stakeholders, Accounts Payable, Legal, Tax and Corporate Accounting teams, to ensure accurate coding and classification of expense for external reporting, meaningful internal reporting, timely payments to vendors and consistency in workflows across regions

Qualifications:

• At least 12+ years of relevant experience in Procurement, Accounting, or Finance

• 3+ years of experience managing teams, including direct leadership of managers

• Proven experience building processes and scaling workflows

• Inclusive leader capable of flexing to different styles and providing tailored managerial support

• Outstanding strategic skills and critical thinker with the ability to influence and demonstrate troubleshooting and problem-solving skills

• Excellent project management and comfortable in a fast-paced, rapidly expanding environment with minimal direction, with the ability to adjust resources based upon changing priorities

• Exceptional communication skills with the ability to build strong cross-functional relationships

• Courage to give direct and timely feedback

• Selflessness - Ability to create impact through team success vs. personal success

Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $255,000.00 - $435,000.00.

Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more details about our Benefits here.

Netflix is a unique culture and environment. Learn more here.

Inclusion is a Netflix value and we strive to host a meaningful interview experience for all candidates. If you want an accommodation/adjustment for a disability or any other reason during the hiring process, please send a request to your recruiting partner.

We are an equal-opportunity employer and celebrate diversity, recognizing that diversity builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.