Chief Vendor Financial Governance Specialist
7 days ago
The Chief Vendor Financial Governance Specialist plays a vital role in maintaining control over vendor Statements of Work (SOWs), ensuring alignment with client and project estimates, and overseeing the invoice verification process.
This position acts as the custodian of vendor related financial and operational governance, ensuring compliance with established budgets, estimates, and organizational standards.
Key Responsibilities
- Vendor SOW Management
Serve as the custodian of vendor SOWs, ensuring accurate documentation, tracking, and validation. Verify that all vendor SOWs are backed by appropriate and approved estimates.
Cross-check vendor SOW details against client implementation SOWs, approved Capex project estimates, and enhancements to ensure alignment. Exercise strict control to ensure vendor SOW terms are consistent with approved estimates.
Invoice Verification & Validation
Oversight of the invoice verification process ensures accuracy and alignment with vendor SOW terms. Validate invoices against D365 time entries and allocate charges across appropriate financial categories.
Governance & Compliance
Ensure that all vendor-related financial and operational processes adhere to organizational policies and audit standards. Identify and escalate discrepancies or non-compliance issues for resolution.
Maintain documentation to support audit trails and enhance transparency.
Collaboration & Reporting
Liaise with vendors, project managers, and finance teams to facilitate smooth SOW and invoice processes. Prepare reports highlighting vendor spend, invoice status, and budget utilization.
Provide insights into resource allocation and financial performance to stakeholders.
Qualifications & Skills
Bachelor's degree in Finance, Business Administration, Project Management, or a related field. 3-5 years of experience in vendor management, financial governance, or a similar role.
Familiarity with project financials, SOW management, and invoice validation processes.
Technical Skills
Proficiency in MS Office Suite (Excel, PowerPoint, Word). Experience with financial tools and ERP systems (e.g., D365, SAP, Oracle).
Strong analytical and data validation skills.
Salary Estimate: $90,000 - $120,000 per year.
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