Chief Source to Settle Officer, Renton, WA

Description

The Opportunity

Chief Source to Settle Officer (S2S) is accountable for all system-wide procurement and accounts payable activities, as well as ancillary services such as card programs, travel services, and other related functions. This role ensures the efficient, compliant, and strategic management of the end-to-end Source-to-Settle process, driving operational excellence, cost optimization, and alignment with organizational goals.

KEY POSITION ACCOUNTABILITIES

Procurement Operations

• Ensure efficient execution of sourcing, contracting, and purchasing processes across all categories.
• Maintain compliance with organizational policies, regulatory requirements, and ethical standards.
• Drive supplier performance management and risk mitigation strategies.
• Skill with PO & Invoice processes, vendor management data management, invoice reconciliation, technical proficiency, and compliance & internal controls.
• Understanding of clinical workflows and value-based care sourcing strategies. Utilization benchmarking, dashboards, and reporting.
• Mastery of strategic sourcing, vendor negotiations, market research, and risk mitigation.

Accounts Payable Management

• Oversee timely and accurate invoice processing and payment execution.
• Implement controls to prevent fraud and ensure adherence to financial governance.
• Optimize AP workflows through automation and continuous improvement initiatives.

Ancillary Services Oversight

• Manage corporate card programs, travel services, and related expense management systems.
• Ensure policy compliance and cost control for travel and card programs.
• Monitor vendor performance and service quality for ancillary programs.
• Ability to lead ESG initiatives and circular supply chain strategies.

Technology & Process Optimization

• Lead system-wide adoption and optimization of ERP and procurement technologies.
• Drive automation and digital transformation initiatives to improve efficiency and reduce manual processes.
• Ensure data integrity and reporting accuracy for all S2S activities.

Financial Stewardship

• Deliver cost savings and working capital improvements through strategic sourcing and payment terms optimization.
• Monitor and report on spend analytics, compliance metrics, and operational KPIs.
• Support budgeting and forecasting for procurement and AP functions.
• Proficiency in using spend analytics, benchmarking, and predictive modeling, VAT clinical integration and evidenced-based evaluation

Governance & Risk Management

• Establish and enforce policies, procedures, and internal controls for procurement and payment processes.
• Mitigate supply chain and financial risks through proactive strategies.
• Ensure audit readiness and compliance with all applicable laws and regulations.
• Experience with policy development, regulatory adherence, and audit readiness. VAT Committee leadership, consensus building, and policy development.

Stakeholder Engagement

• Collaborate with finance, operations, and clinical leadership to align S2S strategies with organizational priorities.
• Serve as a trusted advisor on procurement and payment matters.
• Communicate performance results and improvement plans to executive leadership.

Talent Leadership

• Build and develop a high-performing team across procurement, AP, and ancillary services.
• Foster a culture of accountability, innovation, and continuous improvement.
• Implement succession planning and professional development programs.

QUALIFICATIONS

• Education
• Bachelor's degree in Business, Accounting, Finance, Healthcare Administration, Supply Chain, or related field (Master's preferred).
• Experience
• 10+ years of progressive leadership experience in procurement, accounts payable, or Source-to-Settle operations.
• Strong knowledge of ERP systems, procurement technologies, and financial compliance.
• Proven ability to lead large-scale transformation initiatives and manage complex stakeholder relationships.
• A minimum of 7 years of experience in a senior or executive level position within a healthcare or related business.
• Demonstrated experience performing described job functions, including strategic planning, business development and administration, healthcare operations, executive management, healthcare or business consulting, finance and accounting, and personnel management.
• Key experience highlights include:
• Experience in managing large complex teams with a combined population of over approximately 50 people.
• Previous leadership in designing, establishing, and maintaining an organizational structure and staffing to effectively accomplish enterprise goals and objectives.
• Experience standardizing complex and disparate processes from multiple disciplines including supply chain, operations, finance and accounting; experience in change management, operational improvement in complex systems.
• Demonstrated ability to proactively analyze complex problems, devise strategies for addressing them, and produce clear and effective communications initiatives and materials.
• Experience in working with executives and clinicians across a board array of specialties and medical care delivery settings.

About Providence

At Providence, our strength lies in Our Promise of "Know me, care for me, ease my way." Working at our family of organizations means that regardless of your role, we'll walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable.

Posted are the minimum and the maximum wage rates on the wage range for this position. The successful candidate's placement on the wage range for this position will be determined based upon relevant job experience and other applicable factors. These amounts are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Providence offers a comprehensive benefits package including a retirement 401(k) Savings Plan with employer matching, health care benefits (medical, dental, vision), life insurance, disability insurance, time off benefits (paid parental leave, vacations, holidays, health issues), voluntary benefits, well-being resources and much more. Learn more at providence.jobs/benefits.

Applicants in the Unincorporated County of Los Angeles: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Unincorporated Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Requsition ID: 442070

Company: Providence Jobs

Job Category: Procurement

Job Function: Supply Chain

Job Schedule: Full time

Job Shift: Day

Career Track: Leadership

Department: 4015 SS REH EXE LEADRSHP

Address: WA Renton 1801 Lind Ave SW

Work Location: Providence Valley Office Park-Renton

Workplace Type: On-site

Pay Range: $$275K - $$350K

The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.