Jobs NYC

Job Title

Chief Procurement Officer

Job Description Summary

The CPO will lead the global procurement organization, lead Americas and Corporate business planning around procurement savings and benefits, act as business lead for the launch of Cushman’s vendor management capability including infrastructure and oversee the identification and realization of cost reduction programs.

Job Description

The position will report to the Americas CFO/COO and will have four key areas of responsibility:

• Supplier Management – Continue internal efforts to build a robust supplier network. Develop an effective supplier management function including onboarding and ongoing management of suppliers (contracts, safety certifications, COIs, etc.)

• Procurement Monetization – Continue internal efforts to monetize $5B+ in third party spend that C&W administer on behalf of clients. Negotiate Vendor Price Discounts (VPDs) and implement other strategies in order to monetize third party spend and capture additional EBITDA.

• Cost Containment and Reduction – Identify and realize opportunities to reduce corporate and IT spend through negotiations with suppliers and enforcement of procurement policies.

• KPIs including Financial and Operational Reporting – Oversees and coordinates the development of project plans, timelines, key milestones and leading/lagging indicators of success related to all major procurement activities. Responsible for tracking progress of all key projects and reporting status to Americas CFO/COO and management team. This includes ownership, accountability and responsibility to overall data governance within the corporation.

Outcomes (specific objective outcomes that this position should accomplish)

• Supplier Network:

• Grow the national and regional preferred suppliers to over 100+ vendors across over numerous categories; vendors will offer CW preferred pricing and vendor price discounts (VPDs)

• Build a robust local supplier network to support Asset Services, CWS, GOS (including Facilities Solutions) needs; likely to include over 5,000 vendors with multiple work orders per annum

• Optimize a team and infrastructure to enable supplier onboarding and management

• Property Management and Facility Management Spend Monetization

• Identify opportunities to improve Facilities Solutions / QSI profitability through improved monetization of suppliers

• Cost Reduction

• Implement the recommendations of corporate cost reduction initiative to realize substantial savings

• Develop an ongoing program to identify and realize new opportunities to reduce corporate spend

• Procurement Organization

• Upgrade and right size a procurement organization that enables CW to realize its procurement goals through developing and attracting talented individuals to work in a cohesive team

• Spend Analytics

• Reduce the time to generate BU spend analytics

• Increase granularity of spend data from invoice level to detailed activity-based level to inform decisioning

• Improve analytical reporting capability to support ad-hoc reporting and analytical needs of the business

• Account Solutioning and Pricing

• Team with internal stakeholders solutioning and pricing teams to improve the go to client delivery go to market strategy. This includes improving cost estimation, expanding CW’s principal model offering around third part spend and increasing account profitability and risk management.

REQUIRED EXPERIENCE AND QUALIFICATIONS

Education:

• Bachelor’s Degree and at least 15 years of related professional work experience desired

• Master’s degree preferred.

Skills/Previous Experience:

• Executive level experience either as a Chief Procurement Officer or equivalent role. Expected to have 15+ years of experience in procurement space.

• Executive Leadership – Ability to drive performance from direct team and overall corporation. Ability to instill confidence in mission with Corporate Partners, Suppliers and Employees.

• Strategic Planning – Experience and expertise in guiding organization through the development and ongoing management within a strategic framework. Expertise in overall spend management – creating a culture of data/financial decision making.

• Procurement Infrastructure and Data Governance – Experience and expertise in developing/designing and running all aspects of a Procurement Center of Excellence. Experience and expertise in developing a ground-up data warehouse/cube/lake approach to provide the required data to make critical financial decisions and report status to key stakeholders

• Transformation – Experience and expertise in guiding the organization through the ongoing development and management of project plans, project timelines, resource needs and the measurement of critical outcomes.

Role Based Competencies

• Intelligence and Intellectual Curiosity: Learns quickly. Seeks out new information/knowledge. Exhibits a probing mind.

• Strategic and Analytical skills: Demonstrates ability to quickly and proficiently understand and absorb new information and develop penetrating insights. Able to structure and process qualitative or quantitative data and draw insightful conclusions from it and ability to convert data into well thought out strategies.

• Leadership: Able to rally employees to achieve a shared goal

• Organizational development: Demonstrates ability to build strong teams; attract and develop talent

• Attention to detail: Does not let important details slip through the cracks or derail a project

• Persistence: Demonstrates tenacity and willingness to go the distance to get something done

• Communication: Speaks and writes clearly and articulately without being overly verbose or talkative. Maintains this standard in all forms of written communication, including e-mail

• Proactivity: Acts without being told what to do. Brings new ideas to the Company

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $255,000.00 - $300,000.00

Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative​ Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com . Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”