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Principal, Finance & Administration - Global Travel Services

Employer
Wellington Management Company, LLP
Location
Boston, USA
Salary
Competitive
Closing date
Nov 25, 2024
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

position
This role exists in the Enterprise Sourcing team within Finance & Administration. This individual is responsible for managing all aspects of the firm's global travel program, which includes the strategic development and day-to-day management of the managed travel program with a focus on programs to control and reduce the firm's annual travel expenditure while maintaining a high level of customer service.

RESPONSIBILITIES INCLUDE:
  • Sourcing and Contract Management and Negotiation
    • In partnership with Procurement, assist and/or lead the contract and pricing negotiations with suppliers on global scale, provide ongoing oversight of contract performance
    • Develop and manage sourcing strategies for the global travel program including serving as the subject matter expert in RFPs/proposal evaluations
  • Vendor Oversight and Relationship Management
    • Oversee the travel management company, ensuring adherence to SLAs and compliance to Wellington's procedures and policies
    • Build and cultivate relationships with global travel vendors such as airlines, hotels and related travel services to ensure best in class service and competitive pricing
    • Serve as escalation point and lead resolution of vendor related issues, as necessary
  • Additional
    • Direct, manage and oversee communication to key stakeholders, travelers, travel arrangers and global office management
    • Maintain travel policy component of the T & E Policy; to include assessment and analysis of modifications based on industry changes and comparative peer benchmarking
    • Act as advisor for Travel Policy, related questions, and direct oversight of all travel exceptions
    • Support the duty of care of employees traveling including providing support in emergency situations, often working collaboratively with Global Security
    • Perform data analysis to drive strategic discussions/outcomes, be familiar with industry trends and best practices, changes in regulations or requirements related to travel
    • Ability to challenge existing processes through change management or technology solutions
    • Provide reporting as required by various teams globally
    • Act as an advisor for meetings and events and management of hotel block space, if required
    • Participate in and/or manage ad-hoc projects and perform other related duties as required
Qualifications
  • Bachelor's degree
  • 10+ years professional experience with major airline, corporate travel management or hospitality industry
  • Demonstrated knowledge of travel industry best practices and experience managing a global travel program in a high touch environment
  • Strong leadership skills- proven ability to lead teams and projects
  • Proven ability to negotiate, implement and manage vendor contracts is a plus
  • Strong communication skills (both verbal and written)- must be outgoing and assertive and possess the ability to influence
  • Strong attention to detail and well organized, ability to prioritize, multi-task and work well under pressure while delivering superior customer service
  • Ability to think strategically while also focusing on the details
  • Self-motivated and works well independently; capable of taking initiative without prompting
  • Strong problem solving techniques, including the ability to identify, research and resolve unfamiliar issues and ability to clearly communicate issues to key stakeholders
  • Ability to collaborate with a professional presence and display sound business judgement; proven ability to cultivate and maintain strong business relationships at all levels within the organization both internally and externally
  • Excellent interpersonal skills required and the ability to use tact & diplomacy in difficult situations
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com .

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 80,000 - 180,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

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