This position oversees and directs the financial reporting, planning, and analyses for the Global Procurement Organization at both the Corporate and Business Unit level. Supporting the Chief Procurement Officer, this position is responsible for the preparation of accurate and timely budgets and forecasts as well as tracking actual results and comparative analyses. Acting as the CFO for Global Procurement, this position will also perform financial analysis to support and enable business goals and objectives. The position requires regular interface and communication with the Procurement Team as well as various Business Units. Key duties include: financial support of the procurement business; participation in strategic planning, budgeting and forecasting; monthly and quarterly management reporting; and tool development validate and track cost savings initiatives; working capital reporting and the global SG&A budget.
This challenging role helps to drive the achievement of company goals by completing complex financial analyses, generating financial driven insights, supporting business decision making activities, and delivering timely financial reporting to management.
Must be results oriented with a can do attitude and able to communicate and collaborate effectively with senior executives.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Act as the essential finance business partner to the Procurement Organization
Collaborate directly with the Procurement Team to develop budgets, forecast, and analyze results on a monthly, quarterly basis
Collaborate directly with the Procurement Team to develop and track cost savings initiatives on both direct and indirect bases.
Be the liaison for other Business Unit Finance colleagues in regards to contracts and pricing questions and concerns.
Provide financial input to the Procurement Team for strategic initiatives, evaluation of vendor/supplier risk, raw material pricing, etc.
Provide financial input into policy/process development
Provide input to the Working Capital / Free Cash Flow analysis and work with Treasury to highlight FCF impact
Partner closely with executive leadership on key initiatives and long-term planning objectives, specifically as it relates to the evaluation, simplification, and standardization of our key financial and accounting processes, structures, and systems.
Develops effective, influential partnerships with business unit stakeholders to drive appropriate behaviors and achieve results objectives, optimize revenue and maximize resource allocation through effective budgeting and controls.
Effectively manage project workflow in a fast-paced environment with tight deadlines
Initially will directly supervises 2 employees. Indirectly may lead up to 10 finance and procurement leaders.
Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
This Job has decision-making responsibilities which will impact the bottom line by millions of dollars
Minimum Required Education: Bachelor’s degree in Accounting, Finance, Engineering or supply chain
Minimum Required Experience: 10+ years of Accounting/FP&A experience; experience managing large projects with multiple stakeholders. Experience in procurement and/or supply chain desired.
GAAP and cost accounting methods
Global FP&A experience preferred
CERTIFICATES AND LICENSES
CPA or MBA, APICS, ISM
JOB RELATED COMPETENCIES: To perform the job successfully, an individual should demonstrate the following competencies:
Analytical Skills -
Demonstrates strong math aptitude.
Identifies opportunities to increase accuracy and optimize resources and develops/recommends/implements solutions.
Strong aptitude for understanding and analyzing large amounts of data from multiple sources.
Performs complex analysis of data, processes, policies, procedures and/or systems.
Develops insightful, value-added and actionable analyses with detailed explanations regarding drivers of those results.
Communication Skills –
Present ideas with bold conviction, a compelling business case, and appropriate persistence that shapes the opinions of stakeholders; position proposals by linking to others’ needs and concerns
Utilizes variety of interpersonal styles and communication methods to effectively adapt to new work structures, processes, or cultures.
Demonstrates group presentation skills and excellent negotiation skills to deal effectively with individuals and groups within and outside the organization.
Time Management Skills -
Demonstrates follow-up skills.
Provides timely and professional support to all internal/external customers and vendors.
Prioritizes regular workload, special tasks and concurrent projects, allocating time and resources to ensure that work is completed accurately and efficiently within established time frame.
Leadership Skills (for Managers/Supervisor)–
Strong business focus with demonstrated ability to act in partnership with management teams.
Performs with high level of initiative exhibiting persistence and willingness to stimulate new ideas within the organization.
Serve as a Finance thought leader and technical resource for the department, guide and influence people, processes, and resources to support the best interests of the business. Build trusting relationships with Finance leaders and partners
Takes calculated risks, makes strategic, results-oriented decisions, and accepts responsibility for the results (positive or negative).
Self-motivated; works with minimal supervision
Results-oriented in meetings and strives for closure on issues
Establishes and maintains effective, collaborative work relationships both internally and externally.
Maintains strict confidentiality.
Basic Computer Skills –
Advanced knowledge of Windows applications and Microsoft Office programs such as MS Project, Word, Excel and PowerPoint.
Demonstrates ability to create complex formulas in MS Excel; create queries in company software applications.
Other Technical / Computer Skills -
Acts as subject matter expert and provides training, troubleshooting and other support for software applications managed by business unit (i.e. COGNOS, FIS, Incentive Scorecards)
Understands and is familiar with the most widely known and emerging tools, technologies and social applications.
Offer input on enhanced technology resources to increase productivity and profitability
WORK ENVIRONMENT & PHYSICAL DEMANDS-
Occasional domestic and/or international travel
We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.
XPO provides cutting-edge supply chain solutions to the world's most successful companies, including Disney, Pepsi, L'Oréal, Toyota and many others. We're growing worldwide. And we're constantly looking for talented individuals at all levels who can deliver the caliber of service our customers require. If you're ready to give us your best, let's talk. We'd like to invest in you. (NYSE: XPO)