The chosen VP of Procurement will report directly to the CFO and will frequently collaborate with senior leaders. This role will be integral to a trusted team of finance and business experts, tasked with implementing financial and business strategies.
Stepping into this new position means being at the forefront of dynamic growth objectives, driven by both diversification and expansion of our current ventures. This role presents the unique opportunity to establish a new Procurement group at the Corporate level. By leveraging our growth and diversified ventures, the aim is to maximize value. The vast scope of this role covers the procurement of a range of products and services, from office essentials to construction materials. Suitable candidates should have overseen an annual spend of $250+ million and generated substantial savings.
Primary Responsibilities:
- Initiate and head a centralized Procurement team, setting up standard practices, tools, policies, and strategies to ensure enterprise-wide procurement management.
- Oversee the Procurement function, guaranteeing the efficient procurement of essential goods and services.
- Design and enforce strategic sourcing plans that highlight value creation.
- Enhance supplier collaboration, capitalize on supplier innovation, and boost product profitability.
- Determine cost-saving prospects, assess pricing dynamics, and lead initiatives to streamline procurement expenses without compromising on quality.
- Pinpoint potential supply chain risks, devise risk mitigation tactics, and uphold adherence to our financial and ethical standards.
- Champion a client-centric mindset within the team, introducing innovations and emphasizing value-addition, revenue generation, and cost savings.
- Cultivate robust relationships with pivotal internal and external stakeholders, ensuring seamless procurement processes and beneficial supplier partnerships.
- Refine the procurement process end-to-end, from the initial sourcing stage to delivery.
- Keep updated on market shifts, emerging technologies, and industry advancements to guide procurement strategies and maintain a competitive edge.
Essential Qualifications:
- Distinct business acumen with a confident, warm, and humble demeanor.
- A natural relationship builder across all tiers. Displays effortless collaboration, addresses conflicts when necessary, and is adept at forging lasting positive business ties.
- Demonstrated experience heading a centralized Procurement unit.
- Mastery over contract formulation and review, invoicing, and negotiation terms.
- Sharp analytical prowess with expertise in KPI creation, monitoring, and unitized costing.
- Familiarity with supply chain management tools, e.g., Coupa.
- Proficiency in Microsoft Office Suite.
- Influential leadership skills that prioritize outcomes over hierarchical stature.
- A knack for attracting top-tier talent and fostering an environment that prioritizes performance, teamwork, and accountability.
- Exceptional attention to detail, problem-solving capabilities, and a focus on results.
- Must be located in Houston or willing to relocate.
For the right individual, this role presents an unparalleled opportunity to lead, innovate, and make a profound impact. If you meet the aforementioned qualifications and are up for a challenging yet rewarding journey, we would love to hear from you.
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