Procurement Governance and Enablement Manager

McKinsey
Stamford, CT Full Time
POSTED ON 1/18/2023 CLOSED ON 4/16/2023

What are the responsibilities and job description for the Procurement Governance and Enablement Manager position at McKinsey?

You will be based in one of our North America offices as part of the Supplier Risk team within Optimize, McKinsey's global procurement function that delivers distinctive, positive and productive experiences through various services ranging from travel, events, real estate, sourcing, technology, and purchasing.

The Supplier Risk team leads and oversees the firm's global supplier risk management program. You will report to the Director of Supplier Risk and will work with Optimize colleagues and key stakeholders across the firm as you develop and manage a procurement governance framework and advise on all aspects of procurement risk.

You will be responsible for creating, managing, communicating and reporting on procurement policies, processes and controls that are essential for effective procurement governance. This includes ongoing development and enhancement of a procurement governance framework and procedures to achieve best-in-class risk management, compliance and documentation.

You will monitor compliance with procurement policies and processes throughout the supplier lifecycle - ranging from RFP and supplier selection to supplier diligence, onboarding, setup, payment and ongoing monitoring. You will collaborate with stakeholders to create awareness and promote adoption of proper procurement procedures. You will create a governance structure to ensure SOPs and documentation for procurement processes are complete, up-to-date and maintained.

You will plan and perform assessments to monitor and measure adherence with various procurement procedures including RFP process and documentation, ESG requirements, use of purchase orders, contracts and approvals. You will also report to procurement leadership on the results of these assessments, as well as relevant procurement metrics, key performance indicators (KPIs) and trends, together with proposed controls and/or suggestions for improvements.

In addition, you will foster and champion a "risk first" culture and promote personal accountability for procurement risk. You will develop strong relationships with key stakeholders and collaborate on cross-functional initiatives to identify gaps, propose solutions and mitigate procurement risks across processes and functions. And finally, you will be a subject matter expert and advise colleagues and firm-wide collaborators on procurement risk topics.

#LI-MP

  • Bachelor's/university degree is required
  • 5 years of relevant procurement experience, preferably in procurement governance, risk, compliance or audit at global firms and/or consulting firms
  • Deep understanding of procurement processes and the end-to-end supplier lifecycle (including supplier due diligence, onboarding, monitoring)
  • Experience implementing procurement processes and controls, including ongoing improvement opportunities
  • Project and process management skills, with expertise prioritizing and managing multiple projects/tasks simultaneously
  • Demonstrated experience in developing documents and presenting complex information to colleagues at all levels
  • Excellent stakeholder engagement skills to achieve collaboration and alignment
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