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Director, Direct Procurement
- The Estee Lauder Companies (New York, NY)
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Description
Responsibilities:
+ Finance lead for Direct Procurement – develop and oversee the financial strategy for direct procurement, including budgeting, forecasting, and financial planning.
+ Partner with Direct Procurement team on development of strategy to drive year over year Cost Savings.
+ Prepare and communicate the Long-Range Plan (LRP) and annual savings targets.
+ Manage the procurement budget and estimate departmental expenses.Review capital projects for compliance with Corporate Capital Control Policies and for adequate clarity of justification and reviews to ensure delivery of ROI
+ Provide in-depth financial analysis and reporting related to direct procurement activities including tracking and analyzing procurement costs, supplier performance, and market trends.
+ Oversee direct materials spend. Monitor and analyze procurement costs and identify opportunities for cost savings and process improvements.
+ Review PPV and Production Variances globally. Conduct analysis regarding the need for cost changes and ensure rollout as needed.Support Direct Procurement team savings projects via monitoring of savings vs targeted opportunity by project and communicate results monthly/quarterly.
+ Drive Inbound Transportation standardized efficient closing practices on a global basis.Support Inbound Transportation savings projects through tracking of savings initiatives vs target and communicating results on monthly/quarterly basis.
+ Ensure consistency of reporting savings vs. added value (cost avoidances, NPL etc).Drive enhanced TPM and dTPM reporting to provide actionable insights across the Manufacturing landscape.
+ Monitor third-party partners’ expenses, invoicing, and savings to ensure alignment with contracted savings delivery.
Qualifications
+ Minimum bachelor’s degree in business administration, Accounting, Finance or EngineeringMBA Preferred
+ At least 7 years related experience
+ Excellent business partnering, influencing, and presentation skills
+ Ability to work independently in an unstructured environment and comfortable with ambiguity
+ Deep understanding of direct procurement processes, transportation logistics and cost optimization strategies
+ Expertise in developing, managing and reporting on budgets and forecasts
+ Advanced ability to conduct thorough analysis related to procurement costs, supplier performance and market trends
+ Strong leadership to guide financial strategy and coordinate with cross-functional teams
Equal Opportunity Employer
It is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact [email protected].
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