Salary
💰 $250,000 - $280,000 per year
About the role
- The Associate Director – Procurement is an integral part of Latham’s Global Finance team. This role will be responsible for the direct management of the Procurement team and providing support and guidance to those personnel, outside of the procurement function, who are involved in contracting, buying, and other spend activities, while ensuring all procurement developments and procedures are designed and created to support firm strategy, reduce spend, and provide effective process and systems to support contracting and buying activities.
- This role drives the procurement function to maturity, executes on the transformation of the function, drives spend optimization, and is viewed as a strategic business partner of the firm.
- Responsibilities include providing strategic direction and support regarding supplier and risk management, contract negotiation, procurement operations (procure-to-pay), category management/strategic sourcing, contracts administration, asset management, and analytics; Leading firm wide procurement related projects to completion; Building and sustaining a high-performing procurement organization and team; Communicating procurement activities and vision/roadmap to all relevant stakeholders; Developing and managing a vendor management program; Staying abreast of procurement tools, technologies, and market trends; Leading and guiding other firm personnel involved in negotiating contracts or buying activities including providing training; Protecting and maintaining highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains.
Requirements
- Possess excellent leadership skills, and the ability to lead a team (e.g., organizing, planning, problem-solving, and decision-making) necessary for effective management, in addition to the ability to manage work of others to ensure compliance and accuracy; Exhibit knowledge of project management principles and program management experience; Demonstrate the ability to undertake large, long-term projects, develop alternative methods for completion, and implement solutions; A bachelor's degree with a concentration in business administration, preferably; An MBA or advanced degree in business, finance, supply chain, or other relevant discipline, preferably; A minimum of ten (10) years’ experience of indirect procurement in a similar-sized organization and industry, preferably; A minimum of seven (7) years’ experience in a procurement leadership role with demonstrated ability to effectively lead a team, with accountability, strategic planning, and budgeting