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Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Job Title:  Finance Manager, Global Procurement

Travel Required?:  No Travel
Date:  Sep 9, 2022
Partial remote working option

Relocation Assistance Offered Within Country
# 138641 - New York, New York, United States

The Global Procurement Organization's key role is to ensure supplier quality, innovation and customer service.  In addition, it deploys strategic sourcing to identify opportunities and mitigate risk.  The GPO organization manages both Direct and Indirect spend amounting to approximately $13bn.

The role of the Finance Manager, Global Procurement is to provide financial and analytical expertise to the Procurement Org, and manage information structures to elevate insights to drive business decision making for both Direct and Indirect spend.  The Finance Manager partners closely with the Procurement leadership team, working closely as a business partner to both measure and drive operating performance.  

Principal duties and responsibilities

  • Lead procurement financial planning for the budget and quarterly updates

  • Provide financial oversight for spend analytics, developing reports and managing information that enables recommendations and review of actions for business opportunities and projects

  • Work with the commodity and division teams to understand the strategies to deliver FTG savings, ensuring appropriate levels of performance tracking are in place

  • Analyzing and tracking the long term productivity ( Funding The Growth - FTG) initiatives

  • Coordinate the preparation of material cost updates for standard cost preparation

  • Collaborate with Division Finance teams to ensure there is alignment on Procurement cost estimates / savings and P&L impact

  • Ensure all reporting and financial procedures are in line with Corporate guidelines and legal requirements

  • Coordinate with GIT (Global Information Technology) on the evaluation and implementation of current/new systems as it relates to Global Sourcing and Procurement (Integrated Costing)

  • In collaboration with the Sustainability Analyst, drive the verification of Responsible certification tracking, costs and supplier diversity spending

 

Additional responsibilities will include:

  • Partner with the Indirect Procurement team on the implementation of the Digital Roadmap initiative

  • Constantly seek out ways to improve our Finance practices, policies and process to deliver more effective and efficient outcomes

  • Partner with Global Procurement to improve cost alignment discipline and process governance for cost simulations and division risk/opportunities updates

  • Assess Supplier solvency and risk watch, including semi-annual concentration analysis

 

 

Education/Experience/Skills Requirements

Minimum 8 years relevant Accounting/Financial experience

Bachelor's degree in Accounting/Finance 

Proven capability to build and manage large databases for scenario planning, data analysis and reporting

Ability to work with ERP systems with end to end capability in material estimates, pricing and variance analysis

Proven experience creating controls and transparent processes

CPA/MBA Preferred

Expected proficiency in: MS Office, especially Excel, SAP-BWP

 

Competencies

Leadership Competencies

Effective Execution:  Achieving results with speed and excellence; eliminating unnecessary work; adding value to the organization by motivating others to action; holding self and others accountable for results

Leading Change:  Initiating and managing change; demonstrating flexibility; showing confidence in the face of ambiguity

Analysis / Decision Making:  Gathering relevant information efficiently; applying logic in solving problems and making decisions; using data to support recommendations; weighing risks and predicting benefits and costs

Functional Competencies. 

Financial Analysis and Business Insight:  Collaborates with business partners to develop business plans that consider risk and cost/benefit relationships, evaluates investment decisions using an ROI mind-set.  Explores connections between various data sources to enhance analysis, to draw innovative, forward-looking insights and to deliver clear, concise recommendations.  Leads efforts to standardize analytics and reports, coaches team on how to enhance analytics.

Leveraging Systems & Technology:  Coaches team on which systems to use to obtain specific data.  Eliminates non-value added or redundant processes.  Promotes system utilization and communicates impact on process/system changes.  Collaborates with IT to identify system and process improvement opportunities. 

Influence Business Decisions:  Applies financial expertise to develop insights and predictive analyses to influence business decisions and address issues.  Influences decisions by providing and explaining implications of a range of possible outcomes.  Demonstrates forward-looking focus when interpreting and sharing information on key value drivers to business partners.  Communicates clear, compelling recommendations to business partners in language they can comprehend.

 

Working Relationships (Key partnerships and reporting relationships)

  • Chief Procurement Officer and CPO Leadership Team

  • Does this position supervise: No

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. 

For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit http://www.hillspet.com. To learn more about Tom’s of Maine  please visit  http://www.tomsofmaine.com.

Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City

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