Procurement Finance Manager

Stepan Company•Northbrook, IL

2d•$103,500 - $160,700•Hybrid

About The Position

Stepan is seeking a Global Senior Procurement Finance Manager to join its Procurement Center of Excellence team in Northbrook, Illinois. Reporting to the Director – Global Procurement Center of Excellence (PCoE), this role serves as a strategic business partner across Procurement, Finance, Supply Chain, and Business Leadership. It leads global procurement analytics, savings governance, financial performance reporting, market intelligence, opportunity identification, and procurement decision support. The role provides visibility into procurement value delivery, aligns savings realization methodologies with Finance, and uses analytics, automation, and digital technologies to support sourcing strategies, working capital improvement, and enterprise cost optimization. It also advances procurement analytics capabilities, AI adoption, and data-driven decision-making. The role owns global reporting for $2 billion in annual procurement spend, including KPIs, scorecards, dashboards, and executive presentations. It develops analytics for sourcing strategies, supplier negotiations, savings opportunities, operational performance, and risk management, and builds and maintains Power BI and Excel analytics models and procurement data structures. It leads tracking, validation, and reporting of Cost Out, Cost Avoidance, Working Capital, and other procurement value initiatives, partnering with Procurement and Finance leaders on savings methodologies, baseline assumptions, passthrough calculations, and consistent regional measurement. The manager leads commodity, chemical, energy, freight, and economic intelligence reporting; supports forecasting and budget planning; and works with category managers to quantify market impacts and identify strategic opportunities, with an emphasis on predictive analytics. The role partners with PCoE on technology roadmaps and analytics improvements; supports implementation and optimization of tools such as Ariba, Zycus, Power BI, SAP, and AI-enabled systems; evaluates technology business cases and ROI; and identifies AI opportunities to improve reporting efficiency and data quality. It also supports annual target setting and multi-year savings planning, aligning procurement objectives with corporate financial targets in collaboration with Finance leadership. The position establishes standards for procurement data quality, reporting integrity, and governance, and drives process improvements for scalability, automation, and analytics maturity. Applicants must be legally authorized to work in the United States at hire; employment visa sponsorship is not available.

Requirements

At least 8 years of experience in Procurement Finance, FP&A, or related disciplines.
Experience supporting global organizations and cross-functional stakeholders.
Advanced Excel, AI, predictive analytics, and Power BI capabilities.
Strong financial modeling and business case development skills.
Experience presenting to senior leaders.
Demonstrated critical thinking.
Experience managing software and/or processes.
Bachelor’s degree in Finance, Accounting, Supply Chain, Economics, Business, or a related field.
Must be legally authorized to work in the United States at the time of hire; employment visa sponsorship is unavailable.

Nice To Haves

Experience with SAP, Ariba, Zycus, or similar technologies.
Experience leading analytics, automation, AI, or procurement transformation initiatives.
MBA, CPA, CMA, CPSM, or a similar certification.

Responsibilities

Own global procurement reporting for $2 billion in annual spend, including KPIs, scorecards, dashboards, and executive presentations.
Develop analytics supporting sourcing strategies, supplier negotiations, savings opportunities, operational performance, and risk management.
Build and maintain Power BI and Excel analytics models and procurement data structures.
Lead global tracking, validation, and reporting of Cost Out, Cost Avoidance, Working Capital, and other procurement value initiatives.
Partner with Procurement and Finance leaders to establish savings methodologies, baseline assumptions, and passthrough calculations, ensuring consistent measurement and reporting across regions.
Lead commodity, chemical, energy, freight, and economic intelligence reporting.
Support procurement forecasting and budget planning cycles and partner with category managers to quantify market impacts and identify strategic opportunities.
Partner with PCoE on procurement technology roadmaps and analytics enhancements.
Identify and support implementation or optimization of systems including Ariba, Zycus, Power BI, SAP, and AI-enabled tools.
Identify and implement AI opportunities that improve reporting efficiency and data quality, and evaluate business cases and ROI for technology investments.
Support procurement leadership in annual target setting and multi-year savings planning, collaborating with Finance leadership to align procurement objectives with corporate financial targets.
Establish and execute standards for procurement data quality, reporting integrity, and governance.
Drive process improvements that support scalability, automation, and analytics maturity.