Head of Source to Pay Leadership

1 month ago

London, Greater London, United Kingdom abrdn Full time
About the Role

We are seeking a highly experienced and strategic leader to join our Finance Operations team as the Head of Source to Pay. This is a key role that will lead the development and implementation of our global source to pay strategy, ensuring alignment with our business objectives and driving commercial value while achieving improved service and effective risk management within the supply chain.

The successful candidate will have a proven track record of leading a team within a strategic source to pay function, with strong management and organisational skills. They will be able to optimise an end-to-end S2P solution, develop individual members within the team, and operate successfully at a senior management level within a complex, pan-global business.

The Head of Source to Pay will be responsible for leading the Procurement and Payables teams, reporting directly to the Finance Operations Director. They will work closely with the Finance Operations Leadership Team to support cost challenge and demand management initiatives, and ensure full compliance with all Source to Pay policies across all business areas.

Key Responsibilities

  • Lead and develop the Source to Pay team, ensuring all team members are competent and maintain the correct skills expected.
  • Develop, implement and lead strategic and tactical sourcing strategy across all categories and business divisions that drives the global Source to Pay vision.
  • Global Process Owner across abrdn's source to pay activities, standards, tools and procedures.
  • Provide thought leadership and guidance across all Source to Pay teams, ensuring collaboration at all levels to deliver the widest range of benefits and opportunities.
  • Lead and drive engagement with key senior business leaders, ensuring the source to pay strategy supports and addresses their key department objectives and challenges.
  • Responsible for sign-off of all benefits and oversight of budget reductions.
  • Ensure representation at strategic Senior Stakeholder Forums.
  • Foster collaborative relationships and effective networks across all business areas.
  • Partner closely with the Team leads to build and implement effective communication plans.
  • Lead, develop and implement innovative source to pay solutions to address business requirements and challenges while maximising value and ensuring delivery of breakthrough results.
  • Work closely with the Finance Operations Leadership Team to support cost challenge and demand management initiatives.
  • Ensure full compliance with all Source to Pay policies across all business areas.
  • Ensure the continuous improvement of the Global Source to Pay Function.

Requirements

  • MBA or other advanced degree or equivalent experience.
  • Proven experience of strategic results' delivery under pressure.
  • Extensive experience of successfully leading a team within a strategic source to pay function and demonstrating strong management and organisational skills.
  • Ability to optimise an end-to-end S2P solution, and develop individual members within the team.
  • Experience of operating successfully at a senior management level preferable within a complex, pan-global business.
  • High level of 'ownership' with an ability to think creatively, innovate, constructively challenge the status quo and see the wider picture developing innovative solutions to business problems weighing up cost versus risk.
  • Excellent engagement skills, managing relationships at a senior and C-suite level with the ability to influence effectively to drive collaboration and results.
  • Highly developed interpersonal skills with the ability to communicate and challenge at all levels. Highly motivated, confident, credible and trustworthy with a strong sense of integrity.
  • Experience working with, and managing, a third party outsource provider.
  • Knowledge of SOX and fundamental accounting principles.
  • Analytical mentality and ability to proactively problem solve.
  • Proficient and broad technology skills across ERP infrastructure and source to pay tools.

About abrdn

We are proud to announce that we have officially become a Disability Confident Committed – Level One employer. Therefore, if you have a disability and would like to submit an application to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire and one of our team will reach out to support you through your application process.

Our Benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around, including 40 days annual leave, a 16% employer pension contribution, a discretionary performance-based bonus (where applicable), private healthcare and a range of flexible benefits including gym discounts, season ticket loans and access to an employee discount site amongst many others. You can read more about our benefits

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