Sr Manager Procurement Finance

Philip Morris International U.S.•Stamford, CT

8d•$149,600 - $187,000•Hybrid

About The Position

The Senior Manager Procurement Finance serves as the strategic finance partner to Procurement, driving financial governance, cost optimization, and value creation across procurement activities. The role provides financial leadership on sourcing initiatives, vendor performance management, category strategies, and budget planning to support business objectives and financial targets. The position partners across Procurement, Operations, Supply Chain, FP&A, and other business functions to influence decisions, identify savings opportunities, strengthen financial controls, and improve procurement effectiveness. It also supports continuous improvement of procurement processes, reporting capabilities, and cost management outcomes. This is a hybrid role based in Stamford, Connecticut. PMI U.S. describes its business as focused on developing alternatives to cigarettes, with an emphasis on innovation, responsible marketing, and a growing U.S. footprint.

Requirements

Bachelor's degree in Finance, Accounting, Business, Supply Chain, Economics, or a related field.
7+ years of progressive experience in Finance, Procurement Finance, FP&A, Strategic Sourcing, or related business partnering roles.
Proven experience supporting procurement, supply chain, sourcing, or category management organizations.
Strong financial analysis, budgeting, forecasting, cost optimization, and business case development capabilities.
Experience conducting spend analysis and identifying opportunities for cost reduction and operational efficiencies.
Advanced analytical and problem-solving skills, including the ability to translate complex data into actionable business insights.
Strong stakeholder management and influencing skills, with the ability to partner effectively across functions and leadership levels.
Proficiency with ERP systems, financial reporting tools, and Microsoft Excel.
Excellent communication, presentation, and relationship-building skills.
Legally authorized to work in the U.S.

Nice To Haves

MBA, CPA, CMA, CIMA, or another relevant professional certification.
Experience supporting large-scale procurement organizations within consumer products, manufacturing, or highly regulated industries.
Knowledge of strategic sourcing methodologies, supplier performance management, and contract negotiations.
Experience with SAP, S/4HANA, Power BI, Tableau, or other analytics platforms.
Demonstrated success leading cross-functional cost-saving and value creation initiatives.
Experience developing procurement governance frameworks and financial controls.

Responsibilities

Serve as the primary finance business partner to Procurement, providing financial guidance and strategic support across sourcing and category management activities.
Lead sourcing and negotiation support through cost analysis, business case development, and financial evaluation of supplier proposals.
Drive annual procurement budget planning, forecasting, and performance management processes.
Develop and maintain spend analytics to identify cost-saving opportunities and measure procurement performance.
Track procurement savings initiatives and validate financial benefits against approved business cases and category baselines.
Monitor vendor compliance, contractual obligations, and financial performance to mitigate risk and maximize value.
Partner with Procurement leadership to establish governance frameworks, financial controls, and reporting standards.
Provide leadership with insights and recommendations through financial modeling, reporting, and performance analysis.
Collaborate with cross-functional stakeholders to align procurement strategies with broader business and financial objectives.
Support continuous improvement initiatives that enhance procurement processes, reporting capabilities, and cost management outcomes.