Sr Manager Procurement Finance

Philip Morris International U.S.; Stamford (CT); On-site; USD 150,000 - 187,000; Full time

Benefits offered by this job

Annual bonus

Medical, dental and vision coverage

401k with company match

Smart Work hybrid model

Generous PTO

Job summary

Philip Morris International U.S. in Stamford, CT is seeking a Senior Manager Procurement Finance to partner with Procurement, drive financial governance, and lead cost optimization across sourcing activities.

The ideal candidate will blend finance, procurement, and analytical expertise to influence decisions, identify savings, and strengthen financial controls across cross-functional teams.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Supply Chain, Economics or related field.
• Progressive experience in Finance, Procurement Finance, FP&A, or strategic sourcing.
• Experience supporting procurement and cost optimization initiatives.

Responsibilities

• Serve as the primary finance business partner to Procurement and provide strategic support.
• Lead cost analysis, business cases, and financial evaluation of supplier proposals.
• Drive annual procurement budgeting, forecasting, and performance management.
• Develop spend analytics and measure procurement performance.

Skills

Finance

Procurement

FP&A

Strategic Sourcing

Budgeting

Forecasting

Analytics

Stakeholder Management

Excel

ERP systems

Education

Bachelor’s degree

MBA

CPA

Tools

SAP

S/4HANA

Power BI

Tableau

Excel

Job description

Senior Manager Procurement Finance (Stamford, CT)

At PMI U.S., we are building a modern nicotine business- focused on helping make a future without cigarettes a reality in America. As the U.S. businesses of Philip Morris International, we are investing in new products, science, and capabilities to provide the approximately 25 million legal-age adults who still smoke with better alternatives.

Our approach is rooted in innovation, responsible marketing, and a growing U.S. footprint that spans manufacturing, technology, and commercial operations across the country.

That creates real opportunity. You’ll have the space to take ownership, develop new ideas, and contribute to work that is shaping our business and the category. We’re looking for people who are curious, collaborative, and motivated by progress- because the scale of what we’re building creates room to grow in different directions.

About the Role

The Senior Manager Procurement Finance serves as the strategic finance partner to Procurement, driving financial governance, cost optimization, and value creation across the organization’s procurement activities. This role is responsible for providing financial leadership on sourcing initiatives, vendor performance management, category strategies, and budget planning to ensure alignment with business objectives and financial targets.

The ideal candidate will bring a strong combination of finance, procurement, and analytical expertise to influence decision-making, identify savings opportunities, and strengthen financial controls. This leader will work cross-functionally with Procurement, Operations, Supply Chain, FP&A, and business stakeholders to enhance procurement effectiveness while delivering measurable value to the business.

Your 'day To Day'

• Serve as the primary finance business partner to Procurement, providing financial guidance and strategic support across sourcing and category management activities.
• Lead sourcing and negotiation support through cost analysis, business case development, and financial evaluation of supplier proposals.
• Drive annual procurement budget planning, forecasting, and performance management processes.
• Develop and maintain robust spend analytics to identify cost-saving opportunities and measure procurement performance.
• Track procurement savings initiatives and validate financial benefits against approved business cases and category baselines.
• Monitor vendor compliance, contractual obligations, and financial performance to mitigate risk and maximize value.
• Partner with Procurement leadership to establish governance frameworks, financial controls, and reporting standards.
• Provide insights and recommendations to leadership through financial modeling, reporting, and performance analysis.
• Collaborate with cross-functional stakeholders to ensure procurement strategies align with broader business and financial objectives.
• Support continuous improvement initiatives that enhance procurement processes, reporting capabilities, and cost management outcomes.

Who We're Looking For

• Bachelor's degree in Finance, Accounting, Business, Supply Chain, Economics, or a related field.
• 7+ years of progressive experience in Finance, Procurement Finance, FP&A, Strategic Sourcing, or related business partnering roles.
• Proven experience supporting procurement, supply chain, sourcing, or category management organizations.
• Strong financial analysis, budgeting, forecasting, cost optimization, and business case development capabilities.
• Experience conducting spend analysis and identifying opportunities for cost reduction and operational efficiencies.
• Advanced analytical and problem-solving skills with the ability to translate complex data into actionable business insights.
• Strong stakeholder management and influencing skills with the ability to partner effectively across functions and levels of leadership.
• Proficiency with ERP systems, financial reporting tools, and Microsoft Excel.
• Excellent communication, presentation, and relationship-building skills.
• Legally authorized to work in the U.S.

What's Nice To Have

• MBA, CPA, CMA, CIMA, or other relevant professional certification.
• Experience supporting large-scale procurement organizations within consumer products, manufacturing, or highly regulated industries.
• Knowledge of strategic sourcing methodologies, supplier performance management, and contract negotiations.
• Experience with SAP, S/4HANA, Power BI, Tableau, or other analytics platforms.
• Demonstrated success leading cross-functional cost-saving and value creation initiatives.
• Experience developing procurement governance frameworks and financial controls.

Annual Base Salary Range: $149,600 - $187,000

What we offer:

• We offer a competitive base salary, annual bonus (applicable based on level of position), great medical, dental and vision coverage, 401k with a generous company match, incredible wellness benefits, commuter benefits, pet insurance, generous PTO, and much more!
• We have implemented Smart Work, a hybrid model of working that promotes flexibility in the workplace.
• Seize the freedom to define your future and ours. We’ll empower you to take risks, experiment and explore.
• Be part of an inclusive, diverse culture where everyone’s contribution is respected; Collaborate with some of the world’s best people and feel like you belong.
• Pursue your ambitions and develop your skills with a global business - our staggering size and scale provides endless opportunities to progress.
• Take pride in delivering our promise to society: To improve the lives of millions of smokers.

PMI is an Equal Opportunity Employer.

PMI is headquartered in Stamford, Conn., and its U.S. affiliates have more than 3,000 employees.

PMI has been an entirely separate company from Altria and Philip Morris USA since 2008. PMI’s affiliates first entered the U.S. market following the company’s acquisition of Swedish Match in late 2022.Philip Morris International and its U.S. affiliates are working to deliver a smoke-free future. Since 2008, PMI has invested $12.5 billion globally to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke with the goal of transitioning legal-age consumers who smoke to better alternatives. In 2022, PMI acquired Swedish Match - a leader in oral nicotine delivery - creating a global smoke-free champion led by the IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS electronically heated tobacco devices and Swedish Match’s General snus as Modified Risk Tobacco Products and renewal applications for these products are presently pending before the FDA. For more information, please visit www.pmi.com/us and www.pmiscience.com.

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