Location: Remote - USA
Employment Type: Salaried
Team: Fanatics Betting & Gaming
Fanatics is building a leading global digital sports platform to ignite and harness the passions of fans and maximize the presence and reach for hundreds of partners globally. Optimizing these long-standing partnerships, a database of more than 80 million global consumers and a trusted, recognizable brand name, Fanatics is expanding beyond its position as a global leader for licensed sports merchandise to now becoming a next-gen digital sports platform, featuring an array of offerings for fans across the sports ecosystem.
The Fanatics family of companies currently includes Fanatics Commerce, a vertically-integrated licensed merchandise business that has changed the way fans purchase their favorite team apparel, jerseys, headwear and hardgoods through a tech-infused approach to making and quickly distributing fan gear in today’s 24/7 mobile-first economy; Candy Digital, a digital collectibles company that is partnering with prominent sports properties, including MLB and MLBPA, to build an official NFT ecosystem; Fanatics Collectibles, through Topps as a cornerstone of the business, building a new model for the collectibles and trading cards hobby with top leagues and players association partners; and Fanatics Betting & Gaming, a mobile betting, gaming and retail sportsbook platform. Fanatics’ partners include all major professional sports leagues (NFL, MLB, NBA, NHL, NASCAR, MLS, PGA) and hundreds of collegiate and professional teams, which include several of the biggest global soccer clubs.
As a market leader with more than 9,000 employees, and hundreds of partners, suppliers, and vendors worldwide, we take responsibility for driving toward more ethical and sustainable practices. We are committed to building an inclusive Fanatics community, reflecting and representing society at every level of the business, including our employees, vendors, partners and fans. Fanatics is also dedicated to making a positive impact in the communities where we all live, work, and play through strategic philanthropic initiatives.
At Fanatics, we’re a diverse, passionate group of employees aiming to ignite pride and passion in the fans we outfit, celebrate and support. We recognize that diversity helps drive and foster innovation, and through our IDEA program (inclusion, diversity, equality and advocacy) at Fanatics we provide employees with tools and resources to feel connected and engaged in who they are and what they do to support the ultimate fan experience.
Fanatics Betting and Gaming is seeking a Director, Procure-to-Pay who thrives in a dynamic and fast-paced environment to join our high-energy accounting and finance team. The Director, Procure-to-Pay plays a critical role within the accounting and finance department. Reporting to the Controller, VP of Accounting, this individual is primarily focused on developing and managing the procurement function within the organization. This position will design and lead implementation of more automated, scalable
processes and will manage all transactional and operational activities of this function. Assignments maybe advanced or specialized and may involve complex and/or confidential data requiring the use of independent judgment. This includes assisting business owners with assessing and determining the most cost-effective sourcing strategies, negotiating major sourcing contracts, maintaining and enforcing
purchase order procedures and processes, and ensuring departments coordinate material purchasing through the procurement team. Our successful candidate must be a collaborative professional with the background and interpersonal skills to function successfully in a high growth and fast-paced environment with excellent skills around prioritization, collaboration and influencing. This position will have high exposure to all other areas and will frequently interact with business owners and other finance and
accounting departments. Our candidate will be expected to anticipate and surface issues, solve problems and recommend solutions, while exercising good business judgment and risk management. This role requires strong communication skills to effectively facilitate information flow between business functions and Accounting and Finance, and to drive discussions with executives.
Director, Procure-to-Pay Responsibilities:
Partner with business leaders to determine key sourcing needs and partner with finance to adhere to department budgets
Define and implement procedures for vendor management, invoices, purchase orders, contracts, and other similar transactions
Develop and document business processes and accounts payables accounting policies to strengthen internal controls
Develop and maintain financial reporting processes and operational controls for procurement and accounts payable activities
Manage the contract creation process to ensure business and legal needs are incorporated by examining and evaluating vendor relationships
Drive RFI and RFP processes and assist with vendor contract negotiations to drive the most optimal cost-effective solutions
Build and maintain relationships by collaborating across departmental lines and throughout – fostering trust and accountability
Assure timely adherence to monthly closing timelines and other deadlines including review of payment batches, reconciliations, balance sheet flux, etc.
Assist with all external and internal audits to ensure complete, timely, and accurate responses to information requests
Communicate with various departments and vendors on escalations, expenditure information, payment status, vendor master data, and others
Partner with the data analytics team to produce and analyze KPI’s, dashboards, and robust tracking and reporting mechanisms to help business owners understand the performance, opportunities and challenges
Provide support for special projects, business initiatives, system upgrades etc. as needed
Be a key driver on efficiency improvement by continuously reviewing existing processes,
defining new and more efficient solutions, and applying best practices
Bachelor’s degree in accounting/finance
8+ years of accounting/finance experience in both public accounting and industry with
progressively increasing responsibilities
Considerable knowledge of best practices in procurement
Considerable knowledge of modern, professional accounting principles and practices
Thorough knowledge of accounts payable accounting policies
Ability to define problems, collect data, establish facts, draw valid conclusions, and determine and implement effective action plans
Excellent interpersonal skills: ability to work successfully with teams across the organization; experience influencing and leveraging the skills of yourself and others to achieve objectives
Ability to think strategically, synthesize the most complex data and develop innovative solutions within an entrepreneurial environment
Excellent written, oral, organizational, and presentation skills to influence company leadership and decisions at all levels
Ability to design workflow processes, plans and KPIs.
Ability to juggle multiple priorities and make things happen in a rapidly growing, fast-paced, interactive, results-based team environment; strong bias for action and value adds, coupled with excellent judgment
Advanced excel skills required
Advanced degree or qualification in Finance, Economics or Accounting (e.g. MBA or CPA)
coupled with solid accounting skills and experience
10+ years experience in professional procurement including processes, operational planning, governance, systems, training program and reporting capability to optimize financial and operational excellence
Experience leading the entire procure to pay process, including general vendor oversight and approval, payment management, and vendor dispute resolution
Prior experience creating a brand-new procurement department and implementing new processes
Experience implementing procurement processes from the ground up in a fast growth
Proven excellence in fast paced and unstructured business environments
Advanced knowledge of sourcing and purchasing techniques
Contracting and contract management skills
Ensure your Fanatics job offer is legitimate and don’t fall victim to fraud. Fanatics never seeks payment from job applicants. Fanatics recruiters will only reach out to applicants from an @fanatics.com or @fanatics.co.uk email address. For added security, where possible, apply through our company website at www.fanaticsinc.com/careers
Tryouts are open at Fanatics! Our team is passionate, talented, unified, and charged with creating the fan experience of tomorrow. The ball is in your court now.
Fanatics is committed to responsible planning and purchasing (RPP) practices, working with its business partners across its global and multi-layered supply chain, to ensure that planning, sourcing, and purchasing decisions, along with other supporting processes, do not impede or conflict with the fulfillment of Fanatics’ fair labor practices.
NOTICE TO CALIFORNIA RESIDENTS/APPLICANTS : In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. _ _ We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or other types of positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.