7-10 years of relevant purchasing, procure-to-pay, or vendor master operations experience
Bachelor's degree preferred in Business Administration, Finance, or equivalent
Demonstrated expertise in purchasing and vendor data management
Advanced knowledge of purchase order lifecycle and vendor record management
Experience developing and monitoring key performance indicators for purchasing operations
Proven ability to coach and develop teams in purchasing and vendor management
Strong leadership skills with a focus on team performance and stakeholder alignment
Responsibilities
Manage and direct purchasing execution and vendor record management
Establish and monitor key performance indicators for purchasing operations
Lead resolution of purchasing and vendor record issues, escalating as necessary
Oversee purchasing and vendor master processes, ensuring compliance
Engage with business units and Finance to resolve cross-team issues
Translate execution excellence strategy into actionable purchasing objectives
Identify automation and process efficiency opportunities with Planning & Optimization teams
Benefits
Comprehensive health insurance options
Retirement savings plan with employer match
Generous paid time off and holiday schedule
Professional development opportunities
Employee assistance programs and wellness initiatives
Full Job Description
Job Description
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Manage the planning and execution of purchasing and vendor data management operations, leading Purchasing and Vendor Record teams to deliver efficient, compliant, and consistent service. Provide operational input to Procurement and Vendor Management planning and priorities. Reports to: Vice President, Execution Excellence.
Responsibilities
Manage, plan, and direct purchasing execution and vendor record management
Establish and monitor key performance indicators, including purchasing cycle time, purchase order accuracy, and compliance, and report results
Lead escalation resolution across purchasing, vendor record, and payment issues, driving timely corrective actions and escalating issues that require additional authority or leadership decisions to VP Execution Excellence
Manage detailed purchasing and vendor master processes with oversight from the
Execution Excellence vice president; remain accountable for operational soundness and compliance
Lead business unit and Finance engagement to resolve cross-team purchase order, vendor record, and payment issues
Translate execution excellence strategy and goals into purchasing and vendor record objectives, plans, and actions; provide operational input to functional planning and priorities
Oversee identification of automation and process efficiency opportunities in partnership with Planning & Optimization teams
Set standards for vendor record revision and maintenance to ensure data accuracy
Oversee the Purchasing Manager and cross-team staff, managing capacity and performance
Coach and develop purchasing and vendor record management talent to strengthen capability and engagement
Meaningfully support NFCU's Integrated Talent Strategy through establishing annual goals and objectives (meeting the SMART model) and conduct quarterly performance check-ins with staff in support of the annual PAR process
Ensure compliance with internal policies, regulatory requirements, and industry best practices
Perform other duties as assigned
Qualifications
7-10 years of relevant purchasing, procure-to-pay, or vendor master operations experience
Bachelor's degree preferred in a related field such as Business Administration, Finance, or the equivalent combination of education, training, and experience
Demonstrated functional expertise in purchasing, procure-to-pay, or vendor data management
Advanced knowledge of the purchase order lifecycle and vendor record management in enterprise resource planning and procurement systems
Advanced experience developing and monitoring key performance indicators, controls, and procedures to enable efficient, compliant purchasing and vendor record execution
Advanced skill in identifying process and automation opportunities and partnering with business units and Finance to resolve issues
Proven ability to coach and develop purchasing and/or master data talent, building strong teams and supporting employee development
Advanced experience in managing and improving management functions, including governance, reporting, performance measurement, and procurement operations management
Strong leadership capabilities with a demonstrated ability to develop high-performing teams and influence across all levels of the organization
Demonstrated ability to build alignment across business units, technology teams, and executive stakeholders
Experience communicating operational performance, risks, and outcomes to senior leadership and governance bodies
Advanced ability to execute in a fast-paced, high-demand environment while balancing multiple enterprise operational priorities
Demonstrated ability to influence stakeholders and provide operational insight and recommendations to leaders and business partners
Advanced critical thinking, analytical, and problem-solving skills
Desired Qualifications
Master's degree in a related field such as Business Administration, Finance, or the equivalent combination of education, training, and experience
Advanced knowledge of banking/financial industry trends, products and services
Additional Information
Hours:
Monday - Friday, 8:00AM - 4:30PM
Location:
820 Follin Lane, Vienna, VA 22180
About Navy Federal Credit Union
Navy Federal Credit Union is a credit union that serves members of the military and their families. The credit union offers a range of financial products and services, including checking and savings accounts, loans, and credit cards. Navy Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virginia. The credit union has more than 9 million members and operates more than 300 branches across the United States and around the world.
