Associate Director - Procurement

About Latham & Watkins Latham & Watkins is one of the world’s leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people, commitment to innovation, and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best, and work with the best, this is where you belong. About the Role The Associate Director - Procurement is an integral part of Latham’s Global Finance team. This role will be responsible for the direct management of the Procurement team and provides support and guidance to those personnel, outside of the procurement function, who are involved in contracting, buying, and other spend activities, while ensuring all procurement developments and procedures are designed and created to support firm strategy, reduce spend, and provide effective process and systems to support contracting and buying activities. This role continuously looks for ways to develop the procurement function to maturity, executes on transformation activities as required, drives spend optimization, and is viewed as a strategic business partner of the firm. This role will be located in our Global Services Office in Downtown Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence. Responsibilities Providing strategic direction and support to the firm regarding the following areas: supplier and risk management, contract negotiation, procurement operations (procure-to-pay), category management / strategic sourcing, contracts administration, asset management, and analytics regarding these areas Leading firm-wide procurement related projects to completion Building and sustaining a high-performing procurement organization and team Communicating procurement activities and vision/roadmap to all relevant stakeholders in the organization on a regular basis Helping sustain a robust vendor management program in partnership with business stakeholders, the vendor risk management function, and a global accounts payable team Staying abreast of current and new procurement related tools, technologies, and market trends as they relate and are relevant to the firm Guiding other firm personnel involved in negotiating contracts or buying activities including providing training in best practices, process support, and other activities in furthering the firm’s policies, procedures, and objectives Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains Desired Qualifications Possess excellent leadership skills, and the ability to lead a team (e.g., organizing, planning, problem-solving, and decision-making) necessary for effective management, in addition to the ability to manage work of others to ensure compliance and accuracy Exhibit knowledge of project management principles and program management experience Demonstrate the ability to undertake large, long-term projects, develop alternative methods for completion, and implement solutions Display a strong interest, understanding and passion for procurement technology, including artificial intelligence, and the ability to leverage these capabilities to drive transformation and influence internal adoption. Required Qualifications A bachelor's degree with a concentration in business administration, preferably An MBA or advanced degree in business, finance or supply chain, or other relevant discipline, preferably A minimum of ten (10) years’ experience of indirect procurement in a similar-sized organization and industry A minimum of seven (7) years’ experience in a procurement leadership role with demonstrated ability to effectively lead a team, with accountability, strategic planning, and budgeting Benefits & Additional Information Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes: Healthcare, life and disability insurance A generous 401k plan At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more) Professional development programs Employee discounts Affinity groups, networks, and coalitions for lawyers and staff Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute. Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link below to review the Ordinance. Please click here to review your rights under U.S. employment laws. #Associate #LI-LK1 Pay Range USD $250,000.00 - USD $280,000.00 /Yr. #J-18808-Ljbffr Latham & Watkins LLP