Procure to Pay, Associate - Global Procurement

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 $1.1 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.
 

The Role:

• Assist in identifying opportunities for P2P and AP process improvements and scalability

• Collaborate with our procuretech team to help lead future P2P enhancements, implementations and testing

• Utilizing Project Management skills, report on various cross functional P2P projects as it relates to statuses, blockers and dependencies

• Work closely with the SVP and VP on strategic and highly visible Procure to Pay projects

• Identifies and problem solve issues while determining best resolutions for the business to ensure minimal disruption to the Procure to Pay process, report findings and results to the leadership

• Review operational and management reports and identify/escalate potential issues – and opportunities for corrective actions

• Familiarity with creating Business Processes, Mitigations and Controls for SoX testing as it relates to Coupa

• Lead / Co-lead functional areas of our India-based COE team to provide oversight to ensure our processes are followed globally – to meet APAC and EMEA regional client requirements

• Create and maintain a holistic P2P project dashboard for Global teams

• Help manage quarter end and annual close processes

• Interact directly with vendors when issues are escalated to resolve situations efficiently and effectively

• Ensures clear and updated communications with all stakeholders regarding corporate approval Policies and Procure to Pay Procedures

• Responsible for the complete and accurate processing of 1099’s and conduct data validation processes for accuracy

Knowledge and Skills:

• Ability to manage multiple projects along with BAU activities for a Global function  

• Knowledge of Coupa P2P and Oracle Fusion ERP

• Willingness to learn and lean into new subject matter and systems

• Strong organizational and analytical skills

• Proactive approach to challenging the status quo and providing solutions to streamline disparate business processes and functions

• Strong written and verbal communication skills, including creation executive level presentations and/or group meetings

• Familiar with working in a global organization with a variety of multiple locations and Shared Services business concepts, best practices and procedures

• Understanding of operational nuances in EMEA and APAC as it relates to invoicing, VAT, GST, IST, compliant invoicing, etc.

Qualifications:

• Coupa P2P certification a plus

• Minimum of 3+ years relevant work experience with a strong focus on AP and P2P

• Experience with AP automation including e-Invoicing, scanning and workflow, online tracking, reporting capabilities, electronic invoice user interfaces, supplier networks, payment services and spend analytics

• Has participated in or co-led a P2P Coupa implementation

• Experience managing BAU activities for an offshore team

• Team oriented with a collaborative approach toward problem-solving

• Eagerness to work in a dynamic environment with proven track record of successfully executing multiple projects simultaneously

• Possess a strong work ethic and professional integrity

• Ability to work in ambiguity and self-manage, self-prioritize as needed

• Be curious - learn and ask questions

• Excellent time management skills, highly organized and strong attention to detail

• Self-starter with a positive attitude and strong desire to work in an entrepreneurial environment

• Strong communication skills, both written and verbal

• Bachelor's degree required

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.

Expected annual base salary range:

$85,000 - $140,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at [email protected].

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.
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