Strategic Partners – GP Stakes Spend Management Operations – Associate

Strategic Partners – GP Stakes Spend Management Operations – Associate

Requirements

• Strong analytical and quantitative skills
• 5 – 7 years’ work experience at a highly competitive company within the industry, at a consulting company or an accounting firm preferably in an operating environment
• Confidence and ability to effectively influence and engage key stakeholders at all levels
• Interest in being a ‘hands on’ doer to support the team
• Superb interpersonal skills with excellent written and verbal communication on strategic, financial and operational areas
• Strong analytical skills and tools including Excel, PowerPoint, Salesforce.com, and other data management applications
• Significant procurement-related experience, with a proven track record in strategic sourcing, supplier management, and cost optimization within a cross-portfolio function or across multiple companies
• Well organized and disciplined approach with work effort and project management
• Active listening skills with the ability to integrate new information and develop recommendations
• Ability to work independently if needed and navigate a dynamic environment including partnership with various people to accomplish key initiatives.

Responsibilities

• Support the deployment of the Blackstone Spend Management Platform to Blackstone GP Stakes PE Affiliates and their respective portfolios
• Develop and manage business relationships with GPs and their portfolios
• Drive utilization of the platform through significant portfolio company interactions via weekly project management calls and email communications
• Interact with preferred vendor partners, internal/external reporting at the PE/portfolio company level, tracking PE Affiliate/portfolio company activity in Salesforce
• Provide continuous support to specific portfolio companies including bi-weekly project management calls with portfolio companies, PE affiliates and preferred vendors
• Identify opportunities for engagement, manage vendor introductions and ensure project execution within portfolio companies to leverage the Purchasing Platform
• Provide quantitative and qualitative analysis of the key initiatives across the Blackstone GP Stakes portfolio including bi-weekly, monthly and quarterly performance reporting, group purchasing program execution metrics, cross‐selling results and other functional initiatives
• Extensively use Salesforce to help manage portfolio company data, track status of every procurement project, develop enhancements to the tool and maintain contacts across all PE affiliates and portfolio companies
• Help drive platform utilization including working with the portfolio companies’ senior procurement/IT/HR/Marketing/Operations/Finance and other functions during the execution stage and resolving issues
• Develop deep understanding of the eSourcing solution to help drive portfolio company engagement to leverage the Blackstone Sourcing Center
• Support expansion of new group purchasing categories globally
• Respond to on‐going daily data requests from PE Affiliates, portfolio companies and Blackstone GP Stakes Investment team
• Support developing functional events across PE affiliates to continue to foster program expansion and best practice sharing
• Help identify and support process improvement opportunities across tools, processes and communications.

Preferred Qualifications

No preferred qualifications provided.