Blackstone · 1 week ago
Blackstone Operating Team, Vice President, Spend Management
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$185K/yr - $200K/yr
8+ years expBlackstone is the world’s largest alternative asset manager, seeking to create positive economic impact and long-term value. The Vice President of Spend Management will lead the strategic development and deployment of the Group Purchasing Spend Management platform, working with portfolio companies to implement best practices in spend management.
Financial Services
Responsibilities
Lead deployment of Spend Management platform across major Blackstone investment funds including by developing value creation opportunity assessments, conducting extensive due diligence for new investments, facilitating vendor connections, and tracking, executing, and summarizing impact across key portfolio company investments
Cultivate productive relationships with portfolio company senior-level and executive leadership teams across all business functions (Procurement/IT/HR/Finance/Legal/Marking/Operations) to identify decision makers and influence best practices
Lead and coordinate design and development for components of the Spend Management technology ecosystem platform including data architecture, expanding our Data Under Management (DUM), spend visibility, due diligence, AI automation and CPO Desktop vision
Accelerate development and engagement of senior-level portfolio company leadership to execute large scale procurement transformation consulting projects and oversee leading consulting firms projects
Coordinate the Spend Management Action Committee, which manages our Group Purchasing strategies, integrating our team across the four business units (private equity, real estate, credit and GP Stakes)
Encourage engagement and promote the Blackstone procurement community, supporting CPO talent management, training and development, community events, and communications with portfolio companies
Support due diligence of new investment opportunities including through spend analysis and assessment of performance, operations, people, and processes
Support identification of RFQ/RFPs/eAuctions with portfolio companies using the Spend Management eSourcing solutions and Blackstone Sourcing Center
Execute meticulous project management in Salesforce.com, lead cadence check-in calls, manage email communications, and maintain issue resolution between portfolio companies and vendor partners
Utilize negotiation, relationship management, and communication skills to develop, cultivate, and advance vendor partnerships within the Group Purchasing Platform
Support vendor performance management processes to track and address service issues and opportunities to drive differentiated service levels across the portfolio
Collaborate cross-functionally with Blackstone internal stakeholders on Investment Deal Teams, BXOT Operating Executives, Finance, IT, Technology, Public Affairs, etc. to report performance and share data, trends, and insights from the procurement community
Support annual Chief Procurement Officer global conference(s) planning, design, facilitation, and execution including by working closely with Blackstone Events planning
Support internal process improvement programs, leveraging our Center of Excellence resources and AI, including portfolio company data requests and analysis, and other internal process improvement opportunities
Qualification
Required
Undergraduate degree with a focus on engineering, operations, supply chain, or business management
8+ years of work and leadership experience preferably in procurement, category management, or sourcing
Experience supporting or administering procurement, sourcing, supply chain, or P2P/S2P systems, for example, Coupa, Ariba, Ivalua, Jaggaer, Oracle, SAP, ServiceNow or Workday
Exposure to system configuration, integrations, data flows/architecture, and collaborating with technical teams
Interest in being a 'hands on' doer to support the program and team
Strong interpersonal skills with excellent written and verbal communication skills regarding strategic, financial, and operational areas
Works well with others and collaborates on a team as a Blackstone culture carrier
Confidence skills to interface with senior-level executives across many functional business areas
Strong analytical and quantitative skills and proficiency with program management tools including Excel, PowerPoint, Salesforce.com, and other data management applications
Well organized and disciplined; highly productive; project management skills
Active listening skills; absorbs and integrates new information and develop recommendations
Establishes fact-based recommendations and decision making
Works well independently and effectively navigates dynamic environments involving cross-functional collaboration to accomplish tasks
Benefits
Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
Paid time off
Life insurance
401(k) plan
Discretionary bonuses
Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.
Company
Blackstone
Blackstone is the world’s largest alternative asset manager.
1001-5000 employees
H1B Sponsorship
Blackstone has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (102)
2024 (52)
2023 (44)
2022 (11)
Funding
Current Stage
Late StageLeadership Team
Brad Marshall
Global Head of Private Credit Strategies, Co-CEO of BCRED/BXSL
jesse blackstone
SECURITY & EDUCATION CEO
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