VP, Global Sourcing & Procurement

Job Posting Title: VP, Global Sourcing and Procurement Grade:15 (relevant to Internal only) Location: New York, Denver, Charlottesville
The Role: The Head of Sourcing and Procurement is responsible for leading strategic sourcing and managing S&P Global's day-to-day Sourcing and Procurement functions. The role is accountable for the building and optimizing Procurement, meeting financial targets related to Strategic Sourcing activities, implementing best in class end-to-end vendor management processes, and identifying risks resulting from those activities. This position will be responsible for achieving an effective balance between implementation of a robust procurement risk governance framework to fulfill risk management obligations and S&P Global's capacity to procure goods and services and realize business opportunities while controlling costs efficiently and innovatively.

• The Team: This role has the following reporting relationships:
  • Direct Report to SVP Business Services
  • Next Level Management, Chief Financial Officer
  • Works closely with finance and busies senior level decision makers
  • Manage a global sourcing and procurement team located across the US, UK, India, and the Philippines

• Key Responsibilities:
  • Define and execute a Procurement strategy and vision that delivers on established financial targets ensuring monetization of sourcing productivity
  • Coordinate with all business segments globally to obtain the best outcomes across S&P Global taking into consideration their long-range procurement needs
  • Articulate and execute a Procurement roadmap that builds capabilities needed for long-term growth and sustainability including the launch of a comprehensive preferred vendor program, enhancing the supplier diversity program, and reducing overall number of vendors
  • Responsible for implementing best in class end-to-end source to pay process improvements working across all key constituents
  • Design a Procurement organization that has the structure, process, technology, talent, metrics, and reporting needed to deliver the plan and build for the future
  • Develop a high-performing and motivated strategic procurement team responsible for interfacing with business and supplier partners
  • Ensure stakeholder alignment and coordination via clearly articulated governance processes including definition of roles and responsibilities, decision rights and communication and coordination mechanisms
  • Establish balanced scorecard metrics (cost, quality, diversity, service, etc.) that drive accountability for Total Operating Cost
  • Manage the supplier relationship, ensuring our suppliers are aligned with our approach and held accountable for their performance
  • Review opportunities across S&P Global's business segments to synergize and consolidates buys
  • Identify, prioritize, and execute continuous improvement opportunities

S&P Global states that the anticipated base salary range for this position is $147,600 to $411,300. Base salary ranges may vary by geographic location. This role is eligible to receive S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .

• Basic Qualifications:
  • B.S. or B.A. degree in Business Management, Supply Chain, Risk Management, Operations, or related field
  • A minimum of 15 years' experience in Strategic Sourcing or Procurement with a proven track record of leading comparable operations and programs (e.g., global purchasing operations, cost reduction programs, etc.) is required. Sourcing and Procurement experience in a global financial services company across multiple spend categories including technology, services, travel, etc.... is preferred
  • A minimum of 10 years of people leadership experience in building and developing high-performing teams is required including the ability to lead global teams
  • Skills in all Procurement process disciplines including spend category, negotiation, supplier selection, supplier value management, benefits capture, requisition to payment, and acquisition integration
  • Exceptional negotiation skills and the ability to coach and develop others to do the same
  • Outstanding interpersonal, relationship management and presentation communication skills
  • Exceptional leadership skills that are demonstrated by achieving desired results through others, while building effective internal customer relationships

• Preferred Qualifications:
  • MBA or advanced degree in a related field is preferred
  • Comprehensive business process and systems knowledge, and the ability to identify and implement best practices
  • Proven strategic and critical thinking skills as well as an ability to execute in a highly matrixed environment
  • Highly organized, with strong attention to detail, clarity, accuracy, and conciseness
  • Expert understanding in e-procurement processes and systems using Ariba or similar P2P system
  • Expert level financial planning, budgeting, and forecasting skills
  • Transformative change management skills and self-awareness to take varying approaches with a dynamic set of stakeholders
  • Desire to work with colleagues of many cultures and languages.

At S&P Global, we don't give you intelligence-we give you essential intelligence. The essential intelligence you need to make decisions with conviction. We're the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets. Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. For more information, visit www.spglobal.com
S&P Global is an equal opportunity employer committed to making all employment decisions without regard to race/ethnicity, sex, pregnancy, gender identity or expression, color, creed, religion, national origin, age, disability, marital status (including domestic partnerships and civil unions), sexual orientation, military veteran status, unemployment status, or any other basis prohibited by federal, state or local law. Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.

The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.

FINANC102 - Senior Management (EEO Job Group)

Job ID: 263677
Posted On: 2021-07-22
Location: New York, New York, United States