VP Procurement

Grow your career with a growing organization

Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

As Vice President of Procurement, you will set the long-term strategy and lead the team responsible for partnering with business leaders and vendors to maximize results, minimize costs and maintain a high level of customer service. You’ll drive purchasing decisions based on cost and scenario analysis and market trends, and negotiate contracts with key suppliers. You will develop and implement policies and procedures related to strategic sourcing, negotiations, contract execution, strategic supplier relationship management, and oversee spend analysis/management activities. ​

What you will do:

• Develop and implement global efficiencies, standardized tools, and procedures to shorten the quotation, RFP, new supplier, and decision making and evaluation time
• Deliver cost reduction corporate initiatives through the identification, development and execution of strategic sourcing initiatives
• Establish KPIs and metrics to drive insights into business trends and measure cost avoidance results. Present these insights to key stakeholders and decision makers
• Provide thought leadership, development and guidance on procurement policies and practices. Identify new purchasing opportunities and savings strategies through spend concentration analysis
• Lead development and execution of a performance-driven supplier management process resulting in structured feedback, joint problem solving, simplification, reduced variation and overall quality improvements
• Establish the strategy for and leads the supplier selection process through management of formal RFP, RFQ and RFI processes
• Manage suppliers and stakeholder to determine specifications and requirements for information technology and digital, hardware and software and telecommunications
• Understand and partner with the company’s IT Strategy and Plan objectives, timelines, and goals. Support company-wide innovation strategy
• In conjunction with the legal department, negotiate favorable terms and conditions with suppliers and approves contracts
• Influence senior leader business stakeholders to adopt improved sourcing methods and process compliance
• Develop the skills and abilities of all team members, with the result that they perform to their highest potential and optimize their current and future job performance
• Develop the depth of the strategic and operational procurement management team, including ongoing management succession planning

What you will bring:

• Bachelor's degree in business management, accounting, finance, or relevant field or equivalent experience
• 10-12 years of experience in the purchasing/procurement field, including experience managing procurement function and staff
• Skilled in sourcing, negotiation, market/product/supplier analysis, and contract formulation
• Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
• Superb communication skills with various audiences, including internal and external stakeholders and senior leadership to yield results for the organization
• Exceptional analytical and strategic thinking abilities

What will set you apart:

• Advanced degree in business, accounting, or finance
• Exemplary leadership, collaboration, and problem-solving capabilities
• Ability to adapt and thrive in an evolving environment
• Strong business acumen
• Experience and proven ability to drive change with management direction by influencing others at all levels within the organization
• Excellent cost modeling capabilities, including understanding of value streams, cost drivers and how to break down cost structures to derive a TCO
• Experience in drafting and redlining contracts. Strong knowledge of the key aspects of the RFI/RFP/RFQ and the sourcing process

#PJHTF

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

$179,700.00 - $260,625.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer • Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

Job Posting End Date at 12:01 am on:

09-27-2024