Key Duties and Responsibilities: The Sourcing Category Manager – Marketing will lead Marketing Procurement across CEMEA. The individual contributor will have exposure in one or more of the following:
Marketing Procurement: ATL/BTL Marketing Sponsorship, Media buying, marketing production, digital
Agency performance management: The role forms part of the CEMEA Sourcing organization, and works cross-functionally within Visa to:
Lead marketing procurement initiatives
Be the marketing subject matter expert
Implement and monitor supplier performance management programs
Engage with relevant internal and external stakeholders
The individual will be responsible for aligning to the global marketing category strategy, whilst contributing to the development of local functional strategies within CEMEA (Central Europe, Middle East and Africa).
The role will require an individual with exceptional procurement, business and financial acumen, and a solid understanding of the impact and importance of marketing, how our brand is developed, secured, and leveraged to increase our global footprint to be ‘Everywhere You Want To Be’.
The individual contributes to improved supplier performance and reduced third party risk whilst challenging the status quo. He/she will consider industry best practice, continuous improvement and innovation to maximize return on investment/objective (ROI/ROO).
The individual will also be responsible for analyzing, interpreting and presenting management information (budget, spend, supplier mix) to identify and develop category pipeline opportunities, identify and implement efficiency opportunities to deliver, track and report on an ongoing basis.
The individual will require a solid understanding of procurement as a strategic enabler to business growth. He/she will apply the art and science of procurement to align best practices on category development and management. He/she will lead implementation through the 7-step sourcing methodology including but not limited to supplier selection, managing commercial negotiations, contract management, and supplier performance management.
Other key responsibilities will include: Implementing SLA’s, monitoring, tracking and reporting on procurement metrics, updating functional and executive management regularly on supplier performance and improvement opportunities, initiating contracting due diligence, and managing audit remediation plans to resolve disputes, and assisting business managers and operations with supplier on-boarding, invoice processing and payment reconciliations.
The individual will build strong relationships with internal business stakeholders including all marketing teams across the geography, financial planning, operations, legal, compliance and risk teams, to deliver solutions within compliance of regulatory and operational requirements. He/she will also build external relationships with suppliers and partners to enable effective service delivery, continuous improvement and innovation.
He/she will establish communication channels to encourage the formation of clear project scope and milestones, clear understanding of project strategy and expectations. He/she will also act as the single point of contact for all category sourcing initiatives and related enquiries for the region. He/she will interact and align with global sourcing and global marketing teams to develop and drive global solutions with local implementation, whilst engaging across all levels.
Qualifications, Skills and Experience:
Bachelor’s degree or business equivalent
Seven to ten years, or greater of solid experience within the financial services industry, or large corporate, spanning the areas of strategic sourcing, category management, commercial management, contract management or procurement management
Marketing procurement experience desired
Proven track record, and ability to demonstrate in your application: Successful category management, implementation of SRM programs, Contract and stakeholder management
Proven ability to execute independently and operate successfully within a matrix/team structure Ability to interact effectively with external partners, at a senior level including suppliers, clients and strategic partners.
Proficient user of all Microsoft products
International business experience is as advantage
Occasional business travel required
Understanding of marketing within a large corporate
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. Visa does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.