Sr. Manager, Sourcing & Procurement

Position Summary The Sr. Manager of Sourcing & Procurement leads BU sourcing strategies that reduce total cost, improve cash flow, mitigate supply risk, and strengthen operational performance. With a hyper-focus on Commercial & Industrial (C&I), this role partners across Finance, Operations, Supply Chain, and business units to build out the supplier network, expand capabilities, and deliver measurable value across direct and indirect spend. The ideal candidate combines procurement expertise with strong financial acumen and leads strategic sourcing, supplier negotiations, governance, and continuous improvement to support sustainable growth. Key Responsibilities Strategic Sourcing & Cost Management Develop and execute sourcing strategies across direct materials, indirect spend, capital, logistics, and professional services. Lead competitive bid processes, supplier negotiations, contract management, and supplier rationalization initiatives. Support the development of multi-year sourcing roadmaps that expand the C&I supplier network and capabilities while supporting financial and operational goals. Identify, validate, and track procurement savings opportunities and ensure realization through collaboration with Finance. Develop total cost of ownership models to support sourcing decisions. Finance Partnership & Value Creation Partner with FP&A, Accounting, and Operational Finance teams to develop expense forecasts and annual budgets. Validate savings initiatives and ensure financial benefits are reflected in forecasts and financial statements. Analyze spend trends, commodity impacts, inflation pressures, and supplier cost drivers. Support pricing governance by evaluating supplier cost changes and margin impacts. Lead working capital improvement initiatives, including payment terms optimization, inventory reduction, and cash flow enhancement. Prepare reporting dashboards highlighting procurement performance, savings, risks, and opportunities. Supplier Relationship Management Establish supplier segmentation and strategic supplier management programs. Lead supplier negotiations and performance reviews. Develop supplier scorecards measuring quality, delivery, cost, service, innovation, and risk. Support supplier diversity, sustainability, and continuous improvement initiatives where applicable. Identify and mitigate supplier concentration, geopolitical, and operational risks. Procurement Governance & Compliance Establish procurement policies, procedures, delegation of authority controls, and approval workflows. Drive improvements within the procure-to-pay processes and internal controls. Ensure compliance with SOX, audit requirements, contract management standards, and corporate policies. Partner with Legal, IT, Finance, and Operations on supplier contracting and risk management. Leadership & Team Development Provide leadership, coaching, and development support to procurement team members, as applicable. Foster a culture of accountability, continuous improvement, and data-driven decision-making. Act as a trusted advisor to leadership on procurement strategy and supply market conditions. Qualifications Education Bachelor's degree in Finance, Accounting, Supply Chain, Business, or a related field. MBA, CPA, CMA, CPSM, CPM, or equivalent professional certification preferred. Experience 7-10 years of progressive sourcing, procurement, finance, or supply chain leadership experience. Experience managing significant direct and indirect spend portfolios. Demonstrated success delivering measurable cost savings and working capital improvements. Strong experience in financial analysis, budgeting, forecasting, and executive reporting. Experience leading cross-functional teams and transformation initiatives. Manufacturing, distribution, industrial, consumer products, water treatment, or multi-site operational experience preferred. Critical Competencies Financial Acumen Cost accounting Budgeting and forecasting Financial modeling Savings validation …

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