Director of Accounts Payable & Procurement

Cleveland, Ohio
Not Specified
Sep 07, 2016
Nov 06, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_Director of Accounts Payable & Procurement_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.

PositionDirector of Procurement

LocationOH, Cleveland

DescriptionThe Director of Accounts Payable & Procurement will be responsible for developing the overall procurement strategy and manage our AP function. This will include establishing AmTrust Financial Services procurement policies, purchasing strategy, and vendor relations. The individual in this role will identify, evaluate, and capitalize on opportunities to reduce cost and improve the organizations buying patterns and supply channels as well as help streamline the AP process and tie it in into Procurement..
  • Responsible for the development of the Business Unit purchasing/procurement/sourcing policy and negotiating for effective purchasing of, equipment, supplies, and services to maximize cost efficiencies, price leverage, and quality.
  • Will need to evaluate if a purchasing order process is needed and make recommendations on how to implement
  • Assists in the development and implementation of purchasing/procurement/sourcing policies and administers all purchasing activities, including selecting sources of supply
  • Managing relationships with suppliers, and negotiating terms of contracts.
  • Develops a system to evaluate vendor quotations that utilizes appropriate negotiation and purchasing techniques to ensure quality, price, delivery, and service.
  • Prepares and reviews contracts, bids, proposals, and vendor agreements for legal correctness, price, and acceptability of items to specifications.
  • Primarily responsible for designing and implementing the policies that control the organization's procurement/purchase of software, supplies, equipment and services with responsibility for ensuring compliance with federal regulations applicable to federal contractors and corporate policies.
  • Lead the organization's procurement function to minimize the organization's overall purchasing costs without compromising quality or reliability of supply.
  • Establish purchasing budgets, plans, policies, systems, and procedures that will achieve our strategic objectives.
  • Identify, evaluate, and capitalize on opportunities to reduce purchasing costs by improving the organization's buying patterns and supply channels.
  • Evaluate, negotiate, and manage the most complex or strategically important supplier and vendor relationships to secure terms that are in the organization's best interest. #LI-Post

    Open Date8/16/2016

    Position Requirements
  • 7- 10 years of managing a AP Department as well as sourcing/commodity management experience
  • Bachelor's degree in, Supply Chain Management, or Business Administrations. Master's degree preferred.
  • Experience with P&L responsibility with thorough knowledge of accounting and financial management
  • Experience in a multi-national corporation and global sourcing experience
  • A passion for financial services, lean & continuous improvement and high level strategic decision making.
  • Ability to travel up to 25%


    Req NumberEXE-16-00004

    Shift-not applicable-

    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.