Global Process Lead - Procure-to-Pay
From a small family business to a multi-billion-dollar global company, Sonoco has been changing the face of products and packaging since 1899 — all while keeping the heart of “People Build Businesses” alive.
Our talented people are at the core of our growth, constantly reinventing the Sonoco wheel with brilliant solutions every year. Today we are a world leader in global packaging solutions with diversified operations in over 34 countries. We're extremely proud of our portfolio of brands, our achievements in sustainability and industrialization and the groundbreaking work accomplished by our people.
As part of Sonoco’s Structural Transformation and its efforts to establish Global Shared Service model, a critical role will be our Global process leads who are individuals who own end-to-end processes across the globe for Sonoco regardless of business unit or location with the purpose of helping the company meet and exceed performance targets. They are part of the Sonoco Shared Services leadership team and are tasked with aligning processes and continuous improvement across the organization, reinforcing the overall culture and discipline of the global shared service model. They must possess a strategic thought process, have strong leadership skills, have deep functional knowledge, and have a drive to action.
Procure-to-Pay (P2P) is the end-to-end business process that connects a company’s purchasing and finance operations. It encompasses the entire lifecycle of acquiring goods and services, starting from the initial identification of a need and vendor selection, and ending with the final invoice payment. The P2P process bridges the gap between procurement and accounts payable teams. The standard workflow generally follows this sequence:
- Requisition: A department identifies a need for a good or service and submits a formal purchase request.
- Approval: Management reviews and approves the requisition to ensure it fits within the budget and complies with company policy.
- Purchasing: The procurement team issues a Purchase Order (PO) to the chosen vendor, detailing quantities, pricing, and terms.
- Receiving: The goods or services are delivered, inspected, and verified against the original PO.
- Invoice Processing: The supplier submits an invoice, which undergoes a "three-way match" (verifying that the PO, receiving document, and invoice all align).
- Payment: Accounts payable authorizes and issues the final payment to the vendor per the agreed-upon terms.
What you'll be doing :
- Champions global process standards across the enterprise and works closely across SSS team and functional teams to align SSS model to the business requirements within the regions / divisions across the globe
- Drives an increase in efficiency within the processes, transparency of data, and reliability of data within their span of control
- Accountable for owning the execution of their global process function; understanding timing of deployments and inflight objectives across the SSS function to deliver harmonization of initiatives across the enterprise
- Work with functional team to map processes, identify key areas for improvement, implement improvement initiatives, monitor initiatives, and measure these improvements
- Utilizes lean and six sigma methodologies to optimize and sustain performance of end-to-end processes
- Prioritizes and drives resolution of issues within the business, alerting the appropriate resources as necessary
- Act as a key driver of change, including stakeholder engagement and training for users
- Manage a global team of resources that are across different geographies, time zones, languages and cultures
- Monitor compliance of established processes – track where and how well a required process is being followed by users
- Drive accountability within the SSS governance model across their global process function – model the framework
- Drive rigorous continuous improvement on an ongoing basis, understand the external market within the functional area and what opportunities exist to drive processes to world-class
- Identify opportunities to leverage new technologies, drive process automation and drive efficiencies
- Identify and drive opportunities to centralize, automate, or outsource activities in a scalable, sustainable and standardized manner.
- Ensure that KPIs are established, tracked, measured, analyzed, and improved over time
This is a hybrid position that can be located in our Hartsville, SC or Charlotte, NC office.
We'd love to hear from you if:
- Bachelor's degree, Master's degree preferred
- Minimum 10 years of experience in the functional area assigned
- Process knowledge, and subject matter expertise within the functional area assigned
- Connections with key influencers; secures buy-in
- Superior change management skills; ability to influence senior stakeholders and drive decisive action
- Exceptional communication skills
- Business acumen
- Project management skills
- People management and leadership skills
- Technical skills; awareness of technology within the function
- Knowledge and application of lean and six-sigma methodologies
- Ability to manage remote and diverse teams
Compensation:
The annual base salary range for this role is from $138,640 to $155,970, plus annual target bonus of 12.5% of base salary.
#LI-TW1
At Sonoco Products Company, we offer a comprehensive total rewards package, including competitive pay and benefits. *Benefits listed below are for employees located in the U.S. Specific benefits and wellbeing programs may vary depending on your location (within the U.S. or global), or if you are a union employee.
Benefits
- Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options
- 401(k) retirement plan with company match
- Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services
- Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family
- Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance
- Tuition reimbursement
We are an equal opportunity employer, and we strictly prohibit and do not tolerate discrimination against employees, applicants or any other covered persons because of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, marital status, gender identity or expression, age, disability, genetic information, veteran status, or any legally protected characteristic.
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