Director, Procurement Finance

AlphiaOgden, UT
23h

About The Position

The Director of Procurement Finance is the lead financial architect for our global sourcing and procurement strategies. This role provides the financial oversight necessary to manage a multi-million dollar spend portfolio—ranging from raw ingredients and packaging to indirect services. You will partner closely with the Head of Procurement to drive cost-savings initiatives, manage commodity price volatility, and ensure a resilient, cost-effective supply chain. Strategic Sourcing Partnership Act as the dedicated financial lead for the Procurement team, providing data-driven insights for supplier negotiations and contract renewals. Lead "Should-Cost" modeling and Total Cost of Ownership (TCO) analysis to guide sourcing decisions. Support the "Make vs. Buy" analysis for new product innovations and manufacturing capabilities. 2. Commodity Risk & Hedging Monitor global commodity markets (e.g., ingredients, resins, energy) and their impact on the COGS (Cost of Goods Sold) forecast. Provide sensitivity analysis to help the business understand the impact of inflationary or deflationary cycles. 3. Cost Transformation & Savings Design and govern the "Value Creation" or "Cost Savings" pipeline, ensuring all procurement savings are validated and flow through to the P&L. Oversee the tracking of Purchase Price Variance (PPV) and explain drivers (market vs. performance). Implement benchmarking tools to ensure competitive pricing across all categories. 4. Working Capital Optimization Drive strategies to improve Free Cash Flow by optimizing supplier payment terms and inventory levels. Partner with the AP (Accounts Payable) team to ensure process efficiency and maximize early-payment discounts.

Requirements

  • 8–10+ years in Finance, with a heavy emphasis on Supply Chain, Manufacturing, or Procurement Finance within the CPG industry.
  • Deep understanding of COGS, standard costing, and inventory accounting.
  • Experience supporting high-stakes negotiations with external vendors through financial modeling.
  • Proficiency in Sage or related ERP and advanced procurement modules or Spend Analytics software.
  • Bachelor’s degree in Finance or Supply Chain.

Nice To Haves

  • MBA or CPA preferred.

Responsibilities

  • Act as the dedicated financial lead for the Procurement team, providing data-driven insights for supplier negotiations and contract renewals.
  • Lead "Should-Cost" modeling and Total Cost of Ownership (TCO) analysis to guide sourcing decisions.
  • Support the "Make vs. Buy" analysis for new product innovations and manufacturing capabilities.
  • Monitor global commodity markets (e.g., ingredients, resins, energy) and their impact on the COGS (Cost of Goods Sold) forecast.
  • Provide sensitivity analysis to help the business understand the impact of inflationary or deflationary cycles.
  • Design and govern the "Value Creation" or "Cost Savings" pipeline, ensuring all procurement savings are validated and flow through to the P&L.
  • Oversee the tracking of Purchase Price Variance (PPV) and explain drivers (market vs. performance).
  • Implement benchmarking tools to ensure competitive pricing across all categories.
  • Drive strategies to improve Free Cash Flow by optimizing supplier payment terms and inventory levels.
  • Partner with the AP (Accounts Payable) team to ensure process efficiency and maximize early-payment discounts.
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