SVP Procurement

Posted 6 Days Ago
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New York, NY
320K-380K Annually
1-3 Years Experience
News + Entertainment
The Role
The Senior Vice President Procurement will lead the global procurement function at MSG Entertainment, setting strategies for diverse business activities. Responsibilities include managing a procurement team, driving efficiencies and cost-saving initiatives, overseeing vendor relationships, enhancing internal controls, and ensuring compliance with procurement policies.
Summary Generated by Built In

Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The Company’s portfolio includes a collection of world-renowned venues – New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre – that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 90 years. More information is available at www.msgentertainment.com. 

Who are we hiring?

The Senior Vice President Procurement will lead the global procurement function and be responsible for the procurement strategy of diverse business activities at Madison Square Garden Entertainment, Madison Square Garden Sports, and Sphere Entertainment Co which also includes MSG Networks. The SVP Procurement will be focused on setting a global strategy for each business using a procurement process that addresses key specific risks, with swift IT transformative change at the forefront.  The SVP Procurement will manage a team that is focused on efficiencies, cost savings, and internal spending controls and will report to the SVP Controller and Principal Accounting Officer. In collaboration with the corporate accounting group, the SVP Procurement will review our Procurement-to-Pay end-to-end processes to identify and enhance efficiencies and automation where appropriate. 

What will you do?

  • Set and execute a global procurement strategy for businesses within the MSG Family of Companies. (MSG Entertainment, MSG Sports, Sphere – Las Vegas and future expansion activities, MSG Networks, and associated food, beverage, and merchandise activities within our venues.)
  • Lead swift IT transformation throughout the global procurement process with a focus on automation and productivity.
  • Lead a team of procurement professionals focusing on processing and approval of purchase requisitions; overseeing the bidding process; working with vendors to ensure best possible pricing, quality, discounts, and payments terms favorable to MSG.
  • Lead the evaluation of bid exception requests as appropriate.
  • Enhance processes and controls to allow for greater control over spending.
  • Ensure that there is integrity and transparency in the selection of vendors.
  • Present spending dashboards and other relevant KPIs to executive leadership on a regular basis
  • Work closely with Threat Management on the review of new vendor relationships.
  • Update Procurement policies and procedures as businesses evolve with a focus on global growth and on enhanced internal controls around all spending activities.

 What do you need to succeed?

  • BS in Finance, Business, Purchasing or Operations related field; MBA preferred.
  • 20+ years of experience in general procurement role; Minimum of four years of experience in a VP or SVP role.   
  • Ability to effectively build relationships at all levels and have dynamic presence with various executive leaders.
  • Ability to translate goals into procurement opportunities as well as effectively communicate progress.          
  • Expert technical depth in procurement best practices – particularly in procurement transformation strategies, and process and improvements with focus on complete procure-to-pay processes within Coupa and Oracle.
  • Ability to automate and improve processes.
  • Experience in managing and developing talent within a large diverse team.
  • Excellent interpersonal, written, and verbal communication skills.
  • Excellent organizational and problem-solving skills. 
  • Proficient technical abilities to navigate software applications (Coupa & Oracle) and Microsoft Office.

#LI-Onsite

Pay Range

$320,000$380,000 USD

At MSG, we recognize the importance of upskilling employees’ talents and strengths so they can drive their careers forward. We are proud to offer a robust set of tools and resources to help employees understand their interests and purpose, harness their talents and obtain the skills they need to reach the next step in their careers. Growth and longevity for our employees are top priorities here.

We value diversity and are looking for extraordinary employees of all backgrounds! MSG is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, sexual and reproductive health choices, national origin, citizenship, age, genetic information, disability, or veteran status. In addition to federal law mandates, MSG complies with all applicable state and local laws governing nondiscrimination in all locations and will consider requests for reasonable accommodations as required.

The Company
New York, New York
1,651 Employees
On-site Workplace

What We Do

MSG Entertainment is a world leader in live entertainment, comprised of world-renowned venues and marquee brands. Utilizing our powerful assets and expertise, we produce, present, or host a variety of entertainment and sports events, delivering unforgettable experiences for millions of fans each year. Across our venues and brands, MSG Entertainment sets the standard for excellence and innovation while forging deep connections with diverse and passionate audiences.

Our Company includes our portfolio of iconic venues: New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre – each a prominent destination for unforgettable experiences and events. With flexible seating capacities and configurations that range from 2,800 to 21,000, our venues enable us to showcase a broad array of compelling sporting events, concerts, family shows, and special events that cover a wide spectrum of genres. This includes at Madison Square Garden, known as “The World’s Most Famous Arena,” which serves as home to the New York Knicks and New York Rangers – two of the most recognized franchises in professional sports – and perennially hosts the biggest names in music and entertainment.

MSG Entertainment also features the wholly-owned original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for generations of fans at Radio City Music Hall since 1933. The show’s enduring popularity is driven by the world-famous Radio City Rockettes, the longest-running precision dance company in America.

More information is available at www.msgentertainment.com

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