Sr Manager Procurement Finance

About the role

The Senior Finance Manager, Procurement is a strategic business partner to the Procurement organization, responsible for driving value creation through financial leadership, sourcing strategy support, productivity delivery, capital investment governance, and enterprise-wide cost optimization. This role partners closely with Procurement, Supply Chain, Manufacturing, Engineering, R&D, and Commercial teams to influence sourcing decisions, improve profitability, and ensure disciplined execution of cost savings and capital investment programs. As a key member of both the Finance and Procurement leadership teams, the Senior Finance Manager provides financial insight, challenge, and governance to maximize shareholder value while supporting long-term growth, supply resiliency, and operational excellence.

Responsibilities

• Strategic Procurement Finance Partnership
  • Serve as the primary finance business partner to Procurement leadership.
  • Influence sourcing strategies through financial analysis, market intelligence, risk assessment, and value creation opportunities.
  • Support development and execution of annual procurement strategies across direct materials, indirect spend, logistics, packaging, commodities, and services.
  • Provide financial leadership in supplier negotiations, contract evaluations, and strategic sourcing initiatives.
  • Partner with category managers to identify and deliver sustainable productivity and cost savings opportunities.
• Cost savings and Productivity management
  • Lead governance of procurement productivity programs and ensure accurate tracking of savings realization.
  • Validate savings methodologies, financial impacts, timing of benefits, and P&L delivery.
  • Establish robust controls to measure cost avoidance, cost reduction, value engineering, and supplier innovation programs.
  • Develop executive reporting and dashboards to monitor procurement performance against financial commitments.
  • Drive continuous improvement initiatives to optimize total cost.
• Commodity and Market analytics
  • Translate commodity market trends, inflation, currency impacts, and economic drivers into actionable financial insights.
  • Assess risks and opportunities related to raw material markets including agricultural commodities, packaging materials, resins, chemicals, energy, and transportation.
  • Support forecasting and scenario planning for commodity volatility and supply chain disruptions.
  • Develop financial models to support hedging strategies and risk mitigation initiatives where applicable.
• Cost Optimization & Productivity
  • Identify and drive cost reduction and productivity initiatives across the network.
  • Lead analysis of COGS, manufacturing variances, overhead absorption, and other key cost drivers.
  • Support evaluation of automation, process redesign, sourcing changes, and footprint initiatives.
• Capital Investment Procurement Finance support
  • Partner with Engineering, Manufacturing, Procurement, and Capital Project teams on strategic capital investment programs.
  • Provide financial leadership for major capital equipment sourcing decisions, plant expansions, manufacturing automation, and supply chain network investments.
  • Evaluate supplier proposals, commercial terms, total cost of ownership, and project economics.
  • Lead financial assessment of capital procurement strategies including should-cost analyses, vendor selection, and sourcing recommendations.
  • Validate business cases, ROI, NPV, IRR, payback, and cash flow projections for capital investments.
  • Monitor project spend, capital commitments, forecasts, and financial benefits realization throughout project lifecycles.
  • Ensure compliance with corporate capital governance and investment approval requirements.
• Financial Planning and Analysis
  • Lead budget, forecast, strategic plan, and monthly performance review processes for procurement-related spend categories.
  • Partner with business leaders to identify risks, opportunities, and corrective actions.
  • Develop long-range financial plans linked to sourcing and productivity strategies.
  • Support annual operating plan development and tracking of procurement initiatives.
• Governance and Controls
  • Ensure compliance with financial policies, procurement procedures, and internal controls.
  • Drive transparency and consistency in savings reporting, capital project accounting, and investment tracking.
  • Support internal and external audit requirements related to procurement and capital expenditures.
  • Establish best practices for financial stewardship across procurement activities.

Qualifications

• Required
  • Bachelor’s degree in Finance, Accounting, Economics, Engineering, or related field.
  • 8+ years of progressive finance experience within a manufacturing, consumer products, industrial, or supply chain environment.
  • Experience supporting Procurement, Supply Chain, Manufacturing, Engineering, or Operations functions.
  • Strong expertise in financial planning, business partnering, investment analysis, and cost management.
  • Experience developing business cases, capital investment analyses, and sourcing evaluations.
  • Advanced financial modeling and data analytics capabilities.
  • Demonstrated ability to influence senior stakeholders and drive business decisions.
• Preferred
  • MBA, CPA, CMA, or equivalent advanced qualification.
  • Experience in a global Consumer Packaged Goods (CPG) organization.
  • Knowledge of commodity markets, procurement analytics, and supplier economics.
  • Experience with SAP, Power BI, Tableau, Anaplan, Hyperion, or similar planning and analytics platforms.
  • Experience supporting capital investment projects.

Core Competencies

• Strategic thinking
• Business Partnership
• Procurement & Supply Chain Acumen
• Capital Investment Management
• Financial Modeling & Analytics
• Executive Communication
• Results Orientation
• Continuous Improvement Mindset

Pay

The pay range for this full-time, salaried position is $124,818–$187,226/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance.

Benefits

• Comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.