VP, Procurement Support Services
VP, Procurement Support Services
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Salary Not Disclosed
1 Vacancy
Job Description
Job Description:
VP Procurement Support Services
The Role
The VP Procurement Support Services will oversee all of the Centers of Excellence that support the strategic sourcing and contracts groups in procurement including Competitive Events Supplier Administration Purchasing Spendworks Service desk Payments and Invoicing. This role will ensure alignment with Procurement Risk Financial Controls and the Risk Management framework. Experience with managing a Global Services Team. The ideal candidate will have a deep knowledge of procurement best practices account payable financial controls and enterprisewide process improvements.
The Expertise and Skills You bring
- Ensure compliance with procurement policies regulatory requirements and corporate governance standards to ensure valid purchase orders and payments are being sent to our thirdparty suppliers.
- Partner with finance legal and risk team in the US Ireland and India to develop and enforce procurement controls and mitigate thirdparty risks and potential fraud.
- Continue to evolve the Service Desk by utilizing chat and voice functions for quick turnaround on BU and Supplier questions.
- Oversee the endtoend AP process including invoice processing payment execution and supplier reconciliation ensuring accuracy and timelines.
- Implement AP automation einvoicing and digital payment solutions to enhance operational efficiency and reduce errors
- Ensure compliance with financial controls tax regulations and audit requirements minimizing risk exposure
- Develop and maintain strong vendor payment terms and cash flow optimization strategies in collaboration with treasury and finance teams.
- Lead a highperforming procurement operations and AP team fostering a culture of operational excellence innovation and collaboration
- Act as a strategic advisor to senior leadership providing insights on procurement operational trends and financial efficiencies through competitive bidding and discount rates for ontime payments.
- Ability to travel 25% of the time domestically and internationally
The Team
The Procurement Support Services team is responsible for leading and optimizing the endtoend procurement and payment processes to drive efficiency compliance and cost savings across the organization. The team works across Procurement Risk Financial Controls and the Risk Management framework.
Note: Fidelity is not providing immigration sponsorship for this position
Certifications:
Category:
ProcurementFidelitys hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days MF) in a Fidelity office.
Required Experience:
Exec
Employment Type
Full-Time
