Requisition ID : 105800
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Leads Scotiabank’s Purchase to Pay (P2P) Transformation, connecting accounts payable with procurement, optimizing vendor management, internal workflows, and cash flow management through a digital transformation.
As a result, enhance efficiency, reduce risk, improve collaboration and communication, and provide maximum cost savings and value for the business.
The Director, Procure-to-Pay (P2P) Transformation will provide strategic direction and lead a team to the overall success of the P2P rollout and adoption globally through managing various workstreams that deliver on the goal to have all external supplier spend to have an electronic issuance of Purchase Orders (prior to commitment / receipt of goods or services) and invoices.
This goal is with the objective to also harmonize the procurement digital landscape.
The Director will be responsible for strategic planning, designing, building, implementing, and performance optimization of the P2P solutions across the bank.
The Director is expected to work alongside the Procurement Process & Technology team on the overall procurement strategy and vision, as well as working collaboratively across multiple departments (e.
g., Finance, Enterprise Third Party Management, etc.). This role will specifically be accountable for overseeing the success of the P2P process and solution, while meeting audit / regulatory requirements.
We seek an individual with excellent leadership competencies, with proven ability to lead people through change, proven strategic thinking, management and leadership abilities and excellent ability to understand business issues quickly, exercise good judgment in providing timely and practical procurement advice, work effectively at all levels of the organization, and clearly communicate complex procurement requirements.
Furthermore, the successful candidate will possess experience with technology, third party risk, change management and application of innovative solutions or approaches to problem solving.
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Own the P2P process, including understanding current state, gaps and opportunities, with accountability to develop and execute a plan and approach to improve adoption, deployment, and overall change management
Develop a detailed transformation plan and approach / project plan that effectively align scope, time, cost, quality, resources, risks, and communication in a manner that enables highly coordinated execution and control.
Invest in the education and training necessary to obtain total buy-in from the organization (including management, Businesses, cross functional partners, and executives, who will be instrumental in achieving full user adoption)
Implement in stages, with as much education, review, and additional training as necessary to ensure a smooth transition.
Manage change management and communication process.
Establish and monitor key performance indicators to verify improvements and provide insight into areas where additional gains can be made in efficiency, productivity, accuracy, etc.
Lead both the enablement team as well as the BAU operation team, to ensure consistent approaches and interaction.
Track the right key performance indicators (KPIs) including compliance, cash flow management, purchase order management, Invoice management.
Execute smooth transition to BAU once a country’s transformation is complete.
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Supports and contributes to the creation of roadmaps including strategic and tactical initiatives, to enable the vision and achieve Purchase to Pay operational goals and objectives of the department.
Defines, prioritizes, develops business cases, manage budgets, schedules and deliver initiatives through their team to align with the business strategy and meet the department Purchase to Pay operational needs.
Ensures change management plans are socialized, approved, and effective for all campaigns and initiatives.
Oversees communications for status reporting of all initiatives, campaigns, and regular compliance monitoring ensuring timely, consistent, delivery, with appropriate insights included.
Collaborates with the Director, Procurement Operations to ensure ongoing BAU operation success.
Effectively manages direct reports and supervises personnel by setting performance expectations, monitoring performance, providing feedback, including the preparation of performance appraisals, and as needed, providing counsel and coaching, and supporting individual development planning to create and maintain a high-performing team.
Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations of his / her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML / ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML / ATF Global Handbook and the Guidelines for Business Conduct.
Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates team members by fostering an inclusive work environment;
communicating vison / values / business strategy and managing succession and development planning for the team.
Bachelor’s degree in management, business, or related field; master (MA or MSc) in business or related field preferred
7+ years’ previous experience in P2P program management, project management, financial services, or procurement related field
Location(s) : Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose : "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.
If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.
If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role.
We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.