What You’ll Do:
Would you like to spearhead continuous improvement initiatives, implement innovative solutions across the entire Source to Pay (S2P) and Supplier Relationship Management (SRM) processes, and establish standardized frameworks and procedures to support our global team, resulting in measurable benefits?
Join us as a Source to Pay Operational Excellence Analyst and support S2P Global Procurement programs by linking technology with business to help define how we craft value and efficiency for the business!

EXPERIENCE PRINCIPAL

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

• Continuous Improvement & Optimization: Analyze current S2P process to identify bottlenecks, potential issues, assess root causes, and implement solutions to improve operational performance.
• Process Standardization: As an S2P process SME, develop standardized processes and procedures incorporating leading practices. Partner with system admins to plan and support system improvements.
• Source to Pay Process Adoption: Collaborate with diverse stakeholders from Procurement, Finance, IT, Risk, and Suppliers to develop and execute strategies to drive Source-to-Pay adoption.
• Supplier Enablement and e-Invoice Adoption: Collaborate with suppliers to select appropriate enablement channels and ensure compliance.
• Project Management: Lead and coordinate cross-functional initiatives aimed at improving service delivery, process efficiency, automation, and compliance.
• Change Management: Develop and implement effective communication strategies to inform users of upcoming changes and impacts. Continuously update process and training documents.
• Special Projects: Facilitate S2P rollout in international markets, implement innovative solutions (automation, GEN-AI) and assist in special projects as assigned.
  Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Who You Are:

• Bachelor’s degree or equivalent
• 6+ years of experience with end-to-end source-to-pay processes
• Experience using Coupa or other Source-to-Pay suite
• Strong communication, interpersonal, and negotiation skills
• Analytical, problem-solving, and decision-making skills
• Strong product, systems and technology knowledge including PowerBI, Excel and Robotic Process Automation

The ideal candidate will have:

• Excellent leadership skills, the ability to influence results, facilitate change, and strong analytical/documentation skills
• Ability to build and maintain relationships and facilitate collaboration and communication with people at all levels, including across the enterprise, outside consultants, and vendors
• Strong technical, and business processes competence

Salary Range Information: Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salary Range: $95200 - $130000 / year Time Off Program: Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Pension Eligible: Yes Additional Information: