Early Payment Discount Program Lead -Vice President

Job description

Make a measurable impact by improving how supplier invoices flow through to payment—so the firm captures more early payment discounts. You’ll use data-driven insights to reduce discount leakage and partner across teams to implement sustainable process and technology changes. Job summary As an Early Payment Discount Program Lead -Vice President, you will partner with Sourcing, Procurement, line-of-business stakeholders, and Payment Operations to ensure suppliers with early payment discount terms are set up and managed to maximize discount capture. You’ll combine program execution with analytics across platforms to identify leakage and translate findings into prioritized action plans, while coordinating end-to-end delivery of process and system enhancements with product and technology partners. Job responsibilities Partner with Sourcing, Procurement, and Payment Operations to optimize supplier setup for early payment discount capture (terms, payment channel readiness, and controls)Influence line-of-business processes to improve timely invoice submission and approvals and reduce missed discountsAnalyze data across platforms to identify discount leakage, root causes, and priority opportunitiesTranslate analytical insights into action plans, owners, and timelines to improve discount captureDefine and produce program key performance indicators, dashboards, and recurring reportingPrepare clear updates for senior stakeholders, highlighting outcomes, risks, and decisions neededSupport select operational activities to facilitate refunds and true-ups when requiredDrive system and process enhancements by defining requirements and coordinating testing and business sign-offCoordinate delivery across global stakeholders and time zones to ensure consistent execution Required qualifications, capabilities, and skills Strong knowledge of procure-to-pay, invoicing, and payment processesStrong analytical and problem-solving skills, including ability to evaluate data across multiple systemsDemonstrated experience performing root cause analysis and driving continuous improvementStrong written and verbal communication skills, with ability to influence process adherence across stakeholder groupsProven ability to manage multiple deliverables, prioritize effectively, and meet deadlinesIntermediate to advanced proficiency in Microsoft Excel, Word, and PowerPoint Preferred qualifications, capabilities, and skills Operations experience in invoicing and paymentsExperience applying process improvement methodologiesExperience partnering with cross-regional teams across time zonesFamiliarity with SAP and/or invoice and payment platforms used in payment operationsExperience using AI tools to support analysis, reporting, or workflow efficiency