Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at. Follow @blackstone on,, and .
Description:
Blackstone’s Procurement department seeks a highly motivated, intelligent, self-starter with excellent communication and hands on skills to lead the transformation of its Procure-to-Pay function and to ensure all AP and P2P processes are operated in a controlled and efficient manner.
Responsibilities:
* Lead and manage Procure-to-Pay (P2P) transformation initiatives by leveraging Coupa’s Procure-to-Pay platform. Manage transformational roadmap and delivery.
* Lead the firm’s offshore (India) team to implement solutions and maintain a robust and error-free operational environment for AP and P2P functions
* Develop OKRs and metrics and continually track key results to achieve department objectives and prevent escalations
* Develop process and control reports and dashboards and operational processes to ensure there are reviews of outliers and exception management
* Work closely with regional (EMEA and APAC) finance teams to ensure alignment and to comply with regulatory and tax requirements
* Develop, implement and maintain policies and procedures – as well as process flows
* Facilitate cross-functional working sessions with other departments (, IT, Finance, Treasury) to define business requirements and design solutions that increase efficiencies whilst maintaining controls
* Develop and deliver presentations for executive leadership – and provide program updates on a monthly basis
* Develop relationships with business units and corporate groups on policies, procedures/processes and also to manage the change associated with transformation initiatives
Requirements:
* Bachelor’s Degree in Finance, Accounting, or Business Administration; an MBA would be a plus
* * Deep functional knowledge of Procure-to-Pay and Procurement Operations
* Extensive experience creating efficiencies leveraging Coupa’s Procure-to-Pay platform
* Extensive knowledge of accounting, internal controls and management principles and accounts payable procedures
* At least 5 years’ experience managing third party BPO providers to achieve operational excellence and transformation objectives
* Highly organised, goal oriented and solutions focused
* Proven creative problem-solving skills with ability to analyze information and processes; present cases using data and metrics
* Demonstrable leadership skills with a passion for collaborative team working
* Motivation to develop and maintain internal and external relationships
* Excellent communication and interpersonal skills
* Ability to navigate across business functions and engage a variety of stakeholders to drive value and manage changes through the organization
* Extensive knowledge/experience with Coupa’s Procure-to-Pay platform as well as Oracle’s Fusion ERP
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.