Vice President Procurement

Vice President/Lead

Procurement

About TresVista

TresVista is a global enterprise whose business model is built to deliver enduring value. TresVista combines best practices, technology enabled execution, and industry-leading talent to drive meaningful results. By integrating advisory capabilities with scalable delivery, TresVista helps clients operate smarter and grow stronger. TresVista's services include investment diligence, industry research, valuation, fund administration, accounting, and data analytics.

About Department

The Procurement department at TresVista contributes to the profitability of the company. The department helps streamline processes, reduce costs, and identify better sources of supply, thus improving organizational efficiency. They deal with sourcing activities and tactical sourcing, negotiation and vendor management, strategically selecting goods and services, approving corporate purchase requests, and receiving goods and services.

Roles and Responsibilities

The Procurement Lead role at TresVista is a multi-faceted role requiring the individual to work closely with and manage a team of Analysts, Associates, Senior Associate and report to the Executive Director.

1) Departmental Management:

▪Standardization and Improvement of processes across all facilities and delivery capacity (Infrastructure & Facilities)

▪Standardizing current procurement policies, procedures, and programs with a focus on their ability to enhance organizational value and efficiency

▪Collaborating with various risk management partners, such as Legal, Finance, Information Security and Compliance, to ensure adherence to the firm’s vendor management policies and procedures

▪Owning procurement activities including vendor strategy, business requirement scoping, sourcing, vendor development, request for proposal administration, contract renewal and analysis, pricing and contract negotiation

▪Developing senior level stakeholder relationships at priority accounts and developing stakeholder relationship plans

2) Team Management:

▪Developing, communicating and administering procurement team’s performance and developing plans and appraisals

▪Goal setting and performance review of direct reports

▪Providing guidance, coaching, and mentoring where appropriate

▪Recruiting and retaining the highest quality talent into the team

▪Instituting knowledge sharing / best practice sharing forums and provide appropriate training, coaching for the team

3) Strategy:

▪Building a Procurement Center of Excellence (CoE) to help transform Procurement, and support the broader transformation of the value chain and the enterprise

▪Driving commercial savings on existing portfolios, ensuring compliance

▪Evolving a detailed due diligence and risk management framework for developing processes for defining, developing, planning and finalizing business plans for new international destinations

Prerequisites

• Good understanding of Vendor Management
• Strong interpersonal, networking and leadership skills
• Excellent written and oral communication skills coupled with public speaking
• Solid judgment along with decision-making skills
• Strong eye for detail and ability to multi-task
• Team management experience with a focus on mentoring
• Results-oriented, a metrics-driven leader with good exposure to Procurement, supplier collaboration, vendor development and compliance is preferred

Experience

12-14 years

Education

MBA/PGDM

Compensation

The compensation structure will be as per industry standards