Bloomberg

Performance Optimization Transformation Lead - Source to Pay

Bloomberg

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned procurement professional with a passion for driving efficiency and maximizing performance? Do you thrive in fast-paced, dynamic environments and have a knack for identifying and implementing process improvements? If so, we have an exciting opportunity for you to join our team at Bloomberg as a Performance Optimization Transformation Lead for our Source to Pay function.As the Performance Optimization Transformation Lead, you will play a critical role in driving the transformation of our Source to Pay process to ensure maximum efficiency and effectiveness. In this role, you will work closely with cross-functional teams to identify areas for improvement, develop and implement optimization strategies, and track and report on performance metrics. We are looking for a highly experienced and motivated individual who can lead and inspire others to continuously improve and optimize our procurement processes.If you have a track record of success in driving transformation and a deep understanding of Source to Pay processes, along with excellent project management and communication skills, we want to hear from you. Join us at Bloomberg and help us take our procurement function to the next level.

  1. Develop and implement strategies to optimize and improve the Source to Pay process for maximum efficiency and effectiveness.
  2. Work closely with cross-functional teams to identify areas for improvement and develop plans to address them.
  3. Lead and inspire others to continuously improve and optimize procurement processes.
  4. Analyze data and performance metrics to track progress and identify areas for further improvement.
  5. Collaborate with internal stakeholders to ensure alignment and buy-in for optimization initiatives.
  6. Develop and maintain strong relationships with external vendors and suppliers to drive performance and cost efficiencies.
  7. Identify and implement best practices and industry standards to drive continuous improvement in procurement processes.
  8. Communicate progress and results to senior leadership and other stakeholders.
  9. Develop and manage project plans and timelines for optimization initiatives.
  10. Stay up-to-date with industry trends and advancements in procurement technology to inform and improve optimization strategies.
  11. Train and mentor team members on new processes and procedures to ensure successful implementation and adoption.
  12. Identify and address any potential risks or roadblocks to ensure smooth execution of optimization initiatives.
  13. Act as a subject matter expert on Source to Pay processes and provide guidance and support to team members.
  14. Represent the procurement function in cross-functional projects and initiatives.
  15. Continuously monitor and evaluate the success of optimization efforts and make adjustments as needed.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Strong Understanding Of Source To Pay Processes: The Ideal Candidate Should Have A Deep Understanding Of The End-To-End Source To Pay Processes, Including Procurement, Sourcing, Contract Management, And Payment Processes. This Knowledge Is Crucial To Effectively Identify Optimization Opportunities And Drive Process Improvements.

  • Proven Track Record Of Driving Performance Optimization: The Performance Optimization Transformation Lead Should Have A Strong Track Record Of Successfully Leading And Executing Performance Optimization Initiatives In A Source To Pay Environment. This Includes Identifying And Implementing Process Improvements, Driving Cost Savings, And Enhancing Operational Efficiency.

  • Analytical And Problem-Solving Skills: The Candidate Should Possess Strong Analytical And Problem-Solving Skills To Effectively Identify And Diagnose Process Inefficiencies And Develop Data-Driven Solutions To Address Them. They Should Also Have Experience In Using Performance Metrics And Data To Track Progress And Measure The Impact Of Optimization Initiatives.

  • Project Management Experience: As A Transformation Lead, The Candidate Will Be Responsible For Leading And Managing Complex Optimization Projects. Therefore, The Ideal Candidate Should Have A Proven Track Record Of Successfully Managing Projects, Including Defining Project Scope, Developing Project Plans, Managing Resources, And Delivering Results Within The Specified Timeline And Budget.

  • Strong Communication And Stakeholder Management Skills: The Performance Optimization Transformation Lead Will Be Required To Work Closely With Cross-Functional Teams And Stakeholders At All Levels Of The Organization. Therefore, Strong Communication And Stakeholder Management Skills Are Essential For Effectively Driving Change And Gaining Buy-In From Key Stakeholders. The Candidate Should Also Be Able To Effectively Present And Communicate Complex Concepts And Data To Both Technical And Non-Technical Audiences.

Required Skills
  • Change Management

  • Project Management

  • Vendor Management

  • Data Analysis

  • Contract Negotiation

  • Continuous Improvement

  • Risk Mitigation

  • Cost reduction

  • Process mapping

  • Stakeholder management

  • Procurement strategy

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • Critical thinking

  • Organizational skills

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Performance Optimization Transformation Lead - Source to Pay in New York, NY, USA is $110,000 - $160,000 per year. This may vary depending on the specific company, industry, and level of experience.

Additional Information
Bloomberg is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 29th, 2024
Apply BeforeJune 21st, 2025
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Bloomberg is the world's primary distributor of financial data and a top news provider of the 21st century. A global information and technology company, we use our dynamic network of data, ideas and analysis to solve difficult problems every day.

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