Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

 

Description:

Blackstone’s Procurement department seeks a highly motivated, intelligent, self-starter with excellent communication and hands on skills to lead the transformation of its Procure-to-Pay function and to ensure all AP and P2P processes are operated in a controlled and efficient manner. 

Responsibilities:

• Lead and manage Procure-to-Pay (P2P) transformation initiatives by leveraging Coupa’s Procure-to-Pay platform.  Manage transformational roadmap and delivery.
• Lead the firm’s offshore (India) team to implement solutions and maintain a robust and error-free operational environment for AP and P2P functions
• Develop OKRs and metrics and continually track key results to achieve department objectives and prevent escalations
• Develop process and control reports and dashboards and operational processes to ensure there are reviews of outliers and exception management
• Work closely with regional (EMEA and APAC) finance teams to ensure alignment and to comply with regulatory and tax requirements
• Develop, implement and maintain policies and procedures – as well as process flows
• Facilitate cross-functional working sessions with other departments (e.g., IT, Finance, Treasury) to define business requirements and design solutions that increase efficiencies whilst maintaining controls
• Develop and deliver presentations for executive leadership – and provide program updates on a monthly basis
• Develop relationships with business units and corporate groups on policies, procedures/processes and also to manage the change associated with transformation initiatives

Requirements:

• Bachelor’s Degree in Finance, Accounting, or Business Administration; an MBA would be a plus
• 15+ years experience in AP and Procure-to-Pay operations within a financial services business, asset management a plus
• Deep functional knowledge of Procure-to-Pay and Procurement Operations
• Extensive experience creating efficiencies leveraging Coupa’s Procure-to-Pay platform
• Extensive knowledge of accounting, internal controls and management principles and accounts payable procedures
• At least 5 years’ experience managing third party BPO providers to achieve operational excellence and transformation objectives
• Highly organised, goal oriented and solutions focused
• Proven creative problem-solving skills with ability to analyze information and processes; present cases using data and metrics
• Demonstrable leadership skills with a passion for collaborative team working
• Motivation to develop and maintain internal and external relationships
• Excellent communication and interpersonal skills
• Ability to navigate across business functions and engage a variety of stakeholders to drive value and manage changes through the organization
• Extensive knowledge/experience with Coupa’s Procure-to-Pay platform as well as Oracle’s Fusion ERP

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.