Vice President, Purchasing and Accounts Payable Operations
Job Summary
The Vice President of Purchasing and Accounts Payable Operations is responsible for overseeing the strategic direction and operational efficiency of the company's purchasing and accounts payable shared service organization. This role ensures the alignment of procurement strategies with business objectives, optimizes supplier relationships, and maintains robust financial systems, business controls and compliance.Job Description
Key Responsibilities:
Strategic Leadership
Develop and implement Procure to Pay strategies that align with the company's goals and objectives.
Lead the purchasing and accounts payable shared service teams to ensure timely and accurate processing of purchase orders, invoices and payments.
Collaborate with senior management to drive cost-saving initiatives and improve on existing policies and processes.
Provide leadership and subject matter expertise on system implementations and business integrations
Operational Management
Oversee the day-to-day operations of the purchasing and accounts payable departments in a centralized, high volume, automated environment. Duties include vendor management, invoice processing, payment disbursement, sourcing and catalog management.
Partner with the finance organization and other stakeholders to provide efficient and secure end-to-end processes and controls.
Monitor and analyze key performance indicators (KPIs) to identify areas for improvement.
Financial Oversight
Manage the operations budget and ensure cost-effectiveness of the department.
Implement and maintain key reconciliations and internal controls to safeguard company assets and prevent fraud.
Prepare and present financial reports to senior management.
Team Development
Recruit, train, and mentor a high-performing team of purchasing and accounts payable professionals.
Foster a culture of inclusivity, continuous improvement and professional development.
Conduct performance evaluations and provide feedback to team members.
Supplier Management
Partner with the Enterprise Strategic Procurement and Supply Chain organizations.
Build and maintain strong relationships with certain suppliers and vendors.
Negotiate certain contracts and agreements to secure favorable terms and conditions.
Maintain the supplier onboarding platform.
Desired Qualifications:
Bachelor's degree in Business Administration, Accounting, or a related field; MBA preferred.
Minimum of 10 years of experience in purchasing, procurement, accounts payable, or other shared service operation with at least 5 years in a key leadership role.
Understanding of key accounting and internal controls principles.
Experience working in a high volume, multi-national shared service operation.
Excellent negotiation, communication, and interpersonal skills.
Proven ability to lead and develop high-performing teams with proven experience in driving efficiency across operations and systems.
Proficiency in ERP and other financial systems.
Key Competencies:
Strategic Thinking
Financial Acumen
Cutting Edge Financial Technologies
Leadership and Team Management
Analytical and Problem-Solving Abilities
Communication, Negotiation and Interpersonal Skills
Working Conditions:
This position is located at our Philadelphia HQ (Comcast Center) and surrounding offices, and may require occasional travel to meet with key stakeholders and attend industry conferences.
Employees at all levels are expected to:
Understand our Operating Principles; make them the guidelines for how you do your job.
Own the customer experience - think and act in ways that put our customers first, give them seamless digital options at every touchpoint, and make them promoters of our products and services.
Know your stuff - be enthusiastic learners, users and advocates of our game-changing technology, products and services, especially our digital tools and experiences.
Win as a team - make big things happen by working together and being open to new ideas.
Be an active part of the Net Promoter System - a way of working that brings more employee and customer feedback into the company - by joining huddles, making call backs and helping us elevate opportunities to do better for our customers.
Drive results and growth.
Respect and promote inclusion & diversity.
Do what's right for each other, our customers, investors and our communities.
Disclaimer:
Comcast is an EOE/Veterans/Disabled/LGBT employer.
This information has been designed to indicate the general nature and level of work performed by employees in this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications.
Comcast is proud to be an equal opportunity workplace. We will consider all qualified applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information, or any other basis protected by applicable law.
Skills:
Leadership; Internal Controls; Analytical Thinking; People Management; Shared Services; Continual Improvement Process; Financial Accounting
Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. Most sales positions are eligible for a Commission under the terms of an applicable plan, while most non-sales positions are eligible for a Bonus. Additionally, Comcast provides best-in-class Benefits to eligible employees. We believe that benefits should connect you to the support you need when it matters most, and should help you care for those who matter most. That’s why we provide an array of options, expert guidance and always-on tools, that are personalized to meet the needs of your reality – to help support you physically, financially and emotionally through the big milestones and in your everyday life. Please visit the compensation and benefits summary on our careers site for more details.
Education
Bachelor's Degree
While possessing the stated degree is preferred, Comcast also may consider applicants who hold some combination of coursework and experience, or who have extensive related professional experience.
Relevant Work Experience
10 Years +, 5-7 Years, 2-5 Years, 0-2 Years, 15 Years +, 7-10 Years
Our Benefits
We’re proud to offer comprehensive benefits to help you live your best life:
- Medical, prescription, vision, and dental insurance for eligible employees.
- 401(k) savings plan with dollar-for-dollar matching up to the first 6% of your pay.
- Paid time off including eight observed company holidays and flex time.
- Exclusive perks + discounts, including tuition assistance, commuter benefits and more!
Jobs For You
-
Retail Sales Consultant
Lansing, Michigan Retail 10/22/2024
-
Retail Sales Consultant
Saint Clair Shores, Michigan Retail 01/12/2025
-
Retail Service Associate
Fort Wayne, Indiana Retail 10/25/2024
No Recently Viewed Jobs
View All JobsNo Saved Jobs
View All JobsRelated Content
-
Fortune Media and Great Place To Work® Name Comcast NBCUniversal One of the Top 10 Companies to Work for in the U.S.
For the second year in a row, Great Place To Work® and Fortune Media have recognized Comcast NBCUniversal as one of the top 10 of 100 Best Companies to Work For™ in 2024
-
Converge
To kickoff 2024, Comcast hosted its Converge event in Philadelphia where it showcased its latest tech developments and network advancements, designed to seamlessly integrate media and technology.
-
Values & Integrity
We are passionate about the work we do and the important role we play in millions of people’s lives. We constantly challenge ourselves to innovate and create the best products, content, and experiences.
Talent Community
Join our talent community so we can get to know you better, learn more about your skills and experience, and how they could align with future open positions at Comcast.
Job Alerts
Sign up for Job Alerts to be the first to know about new opportunities. After signing up or logging in to Workday, select Job Alerts in the top right corner to create a new alert or edit an existing one.