• Director, Procurement Operations

    Job Locations US-NY-New York
    Job ID
    3693
    Function
    Accounting / Finance
    Location Name
    423 West 55th Street
  • Overview

    Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.

     

    Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, and Shanghai and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s West Side. Related also manages approximately $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World.

     

    Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is a partner in CORE, a boutique residential brokerage.

    Responsibilities

    The Director, Procurement Operations is responsible for leading the Procure to Pay (P2P) initiative and team within Related.  This effort will require working with all Related stakeholders to document existing spend management processes to enable the processes on Related’s P2P Platform.  In addition, this individual will lead the Procurement Operations team with responsibility for system administration, supplier enablement, user enablement (training/communications) and support.

    This lead serves as an expert on application functionality and configuration requirements. They are responsible for formulating and evaluating policies, recommendations for policy changes and obtaining approvals.  The lead is a key driver for inputs into Communications, Training, Performance Metrics and Supplier Enablement.

      

    • Responsible for implementing and managing on-going operations for Related’s P2P solution
    • Responsible for the acquisition, deployment, and management any other P2P related technologies to drive efficiencies and cost savings
    • Develop and implement on-going training and communication programs with internal customer groups
    • Monitor and report on usage of P2P tools and implement plans for improving tool usage/value
    • Originate new concepts and innovative approaches for the Purchase-To-Pay processes and technologies
    • Work with Procurement, AP, Accounting and IT to manage on-going data expansion needs for data analysis and reporting systems
    • Develop skills of P2P Operations team and provide performance review reporting
    • Lead Related end-users through our implementation.
      • Guides stakeholders through the design process to make decisions with full visibility into best practices.
      • Authors Functional Design and Configuration documents as needed
      • Plans and manages project tasks and resources to ensure deliverables are on time and meet quality standards to achieve high customer satisfaction.
    • Ensures procurement and disbursement controls are effective and imbedded in the process and technology.
    • Drive continuous improvement through metric based performance and business unit partnership.
    • Shares expertise through training and communications with end-users ensuring knowledge transfer and the desired level of self-sufficiency is achieved.

     

    Team Work / Leadership 

     

    • Executes with minimal guidance and shows strong initiative.
    • Leads team of individuals to execute goals for P2P program
    • Works with other departments to determine what resources/skills are needed (e.g., accounts payable, accounting, legal, sourcing, IT) and brings them in as necessary.
    • Maintains regular communication with team members (e.g., face-to-face, via voicemails, emails).
    • Proactively collaborates with teammates to anticipate and respond to issues that could impact solution delivery (e.g., change in scope).
    • Manages internal and external resources to optimize Business Unit impact.

    Qualifications

    • Bachelor’s Degree required (Business, Computer Science or Information Systems preferred)
    • Minimum 7-10 years’ experience in Procurement/Supply Chain/AP function required
    • Experience with leading eProcurement platforms, Coupa experience preferred
    • Proficiency with Microsoft Word, Excel, PowerPoint, and Access required
    • Broad knowledge of spend management strategies, procurement, sourcing, category management, vendor performance management.
    • Demonstrated ability to successfully manage large scale projects is a plus.
    • Excellent written, verbal, and presentation skills.
    • Industry experience is a plus
    • Strong analytical and organizational talent
    • Demonstrated Project Management or PMI preferred

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