Procurement Manager
2 weeks ago
Oaktree Capital is seeking a highly skilled and experienced Assistant Vice President, Procurement to join our Corporate & Technology Services department. As a key member of our Operations team, you will be responsible for supplier lifecycle management, budget management, and expense forecasting.
Key Responsibilities:- Support the department's supplier lifecycle, including procurement and contract management, as part of Oaktree's Vendor Management program.
- Ensure strong financial stewardship through budgeting, expense forecasting, department-level spend management, and various ad hoc analyses.
- Support the monthly expense reconciliation and annual budgeting process.
- Monitor budget performance, highlighting trends and analyzing causes of unexpected variance, and work with department leads to provide recommendations for corrective actions to achieve targets.
- Understand the components, drivers, and evolution of the department's expenses and identify opportunities for cost savings and process improvements.
- Analyze the profitability of the department's business, including expense allocations, margin metrics, and growth opportunities.
- Effectively collaborate with internal departments, stakeholders, cross-functional teams, and suppliers to develop and maintain strong relationships and ensure compliance with Oaktree's Vendor Management program.
- Provide guidance to other team members on the department's supplier lifecycle, expense management, and budget processes.
- 8+ years of relevant experience across Finance, Accounting, and supplier management.
- Expertise in preparing and reviewing complex financial models.
- Advanced understanding of budget management and forecasting.
- Strong analytical skills with the ability to interpret financial data.
- Experience in managing procurement processes, including commercial negotiation, and managing supplier relationships.
- Ability to manage tasks with competing priorities and deadlines, while independently driving projects to completion.
- Strong track record in engaging and managing stakeholders across different seniorities and functions.
- Strong working knowledge of Microsoft applications, e.g., Excel, PowerPoint, SharePoint.
- Familiarity with Workday or other financial planning and analysis software is a plus.
- Outstanding organization skills with high attention to detail.
- Outstanding initiative and a strong work ethic.
- Responsible with a strong sense of dedication.
- Excellent interpersonal, verbal, and written communication skills.
- Works well under pressure and with time constraints.
- Flexible and team-orientated with strong integrity and professionalism.
A Bachelor's degree from a top university is preferred.
Compensation:The base salary range is $100,000 - $120,000. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package, and a flexible work arrangement.
Oaktree Capital is an equal opportunity employer and is committed to diversity and inclusion. We do not discriminate on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition, pregnancy, childbirth, and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status, or any other classification protected by applicable federal, state, and local laws and ordinances.
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