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SVP, Global Procurement Operations - London

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Blackstone Group

2mo ago

  • Job
    Full-time
    Expert Level
  • Logistics
  • London
  • Quick Apply

AI generated summary

  • You need a Finance/Business degree, 15+ years in Procure-to-Pay ops, expert in Coupa & Oracle, skilled in BPO management, problem-solving, leadership & communication. Join us in London for this global role.
  • You will lead P2P transformation initiatives, manage offshore team, track metrics, collaborate with finance teams, develop policies, facilitate cross-functional sessions, deliver executive updates, and manage change associated with transformation initiatives.

Requirements

  • Bachelor’s Degree in Finance, Accounting, or Business Administration; an MBA would be a plus
  • 15+ years experience in AP and Procure-to-Pay operations within a financial services business, asset management a plus
  • Deep functional knowledge of Procure-to-Pay and Procurement Operations
  • Extensive experience creating efficiencies leveraging Coupa’s Procure-to-Pay platform
  • Extensive knowledge of accounting, internal controls and management principles and accounts payable procedures
  • At least 5 years’ experience managing third party BPO providers to achieve operational excellence and transformation objectives
  • Highly organised, goal oriented and solutions focused
  • Proven creative problem-solving skills with ability to analyze information and processes; present cases using data and metrics
  • Demonstrable leadership skills with a passion for collaborative team working
  • Motivation to develop and maintain internal and external relationships
  • Excellent communication and interpersonal skills
  • Ability to navigate across business functions and engage a variety of stakeholders to drive value and manage changes through the organization
  • Extensive knowledge/experience with Coupa’s Procure-to-Pay platform as well as Oracle’s Fusion ERP

Responsibilities

  • Lead and manage Procure-to-Pay (P2P) transformation initiatives by leveraging Coupa’s Procure-to-Pay platform. Manage transformational roadmap and delivery.
  • Lead the firm’s offshore (India) team to implement solutions and maintain a robust and error-free operational environment for AP and P2P functions
  • Develop OKRs and metrics and continually track key results to achieve department objectives and prevent escalations
  • Develop process and control reports and dashboards and operational processes to ensure there are reviews of outliers and exception management
  • Work closely with regional (EMEA and APAC) finance teams to ensure alignment and to comply with regulatory and tax requirements
  • Develop, implement and maintain policies and procedures – as well as process flows
  • Facilitate cross-functional working sessions with other departments (e.g., IT, Finance, Treasury) to define business requirements and design solutions that increase efficiencies whilst maintaining controls
  • Develop and deliver presentations for executive leadership – and provide program updates on a monthly basis
  • Develop relationships with business units and corporate groups on policies, procedures/processes and also to manage the change associated with transformation initiatives

FAQs

What are the main responsibilities of the SVP, Global Procurement Operations role in London?

The main responsibilities include leading the transformation of the Procure-to-Pay function, ensuring all AP and P2P processes are operated efficiently, and maintaining control over procurement operations.

What kind of skills and qualities are required for this position?

The ideal candidate should be highly motivated, intelligent, possess excellent communication skills, and have hands-on experience in procurement operations.

What is the primary goal of this role?

The primary goal is to streamline and optimize the Procure-to-Pay function within Blackstone's Procurement department, ensuring efficient and controlled processes.

What location is this role based in?

This role is based in London.

How important is it for the candidate to be a self-starter?

Being a self-starter is crucial for this role as it requires proactive leadership in transforming and optimizing procurement operations within the company.

Blackstone Group

Finance
Industry
1001-5000
Employees
1985
Founded Year

Mission & Purpose

Blackstone is a global investment firm that specialises in alternative asset management and financial advisory services. The company engages in various investment activities, including private equity, real estate, credit, and hedge fund solutions. Blackstone's ultimate mission is to generate attractive investment returns for their clients while managing risk prudently. Their purpose is to provide exceptional investment opportunities and value-added services to their investors, aiming to create lasting value and deliver superior performance. Blackstone strives to be a trusted partner for their clients, leveraging their deep industry expertise, global network, and disciplined investment approach to drive long-term success and contribute to the growth and development of the companies and assets they invest in.

Culture & Values

  • Relentlessly pursue excellence

    We strive to be the best at what we do, applying our global talent and scale to generate compelling outcomes for our clients.

  • Never compromise integrity

    We adhere to the highest standards of integrity, maintaining and deepening our clients’ trust.

  • Outperform through innovation

    We approach our work with a builder mindset, creating new opportunities through innovation and entrepreneurialism.

  • Deliver for our customers

    We are meticulous custodians of capital, deploying it when we have conviction that we can deliver lasting value.

  • Work humbly, work together

    We build diverse teams of extraordinary professionals who advocate for the best ideas and celebrate each other’s wins.

Benefits

  • Health Insurance

  • Vision Insurance

  • Performance Bonus

  • Maternity & Paternity Leave

  • Flexible Spending Account (FSA)

  • Dental Insurance

  • Life Insurance