Vice President of Procurement

About Bally's Corporation:

Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence, currently owning and managing 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and having access to OSB licenses in 18 states. The recent acquisition of Aspers Casino in Newcastle, UK, further expands its international footprint and enhances its diverse entertainment offerings. It also owns Bally's Interactive International, formerly Gamesys Group, a leading, global, interactive gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform.

With 10,600 employees, the Company's casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms. Bally's also has rights to developable land in Las Vegas post the closure of the Tropicana.

Upon completion of the announced merger with The Queen Casino & Entertainment Inc. ("Queen"), the above portfolio is expected to be supplemented with four additional casinos across three states, one of which will be an additional state that expands Bally's jurisdiction of operations to include the state of Iowa. Queen will also add over 900 employees, and operations that currently include approximately 2,400 slot machines, 50 table games, and 150 hotel rooms to the Bally's portfolio. Bally's will also become the successor of Queen's significant economic stake in a global lottery management and services business through its investment in Intralot S.A. (ATSE: INLOT).

The Role:

The Vice President of Procurement will lead the strategic sourcing and procurement efforts for the organization on a global scale. The incumbent will be accountable driving consistency and efficiency across the organization including department strategy, negotiation, and driving business growth through effective purchasing programs. The VP of Procurement will collaborate with cross-functional teams to optimize supply chain operations, ensure cost efficiency, and establish strong supplier relationships.

Responsibilities:

• Develop and implement a global procurement strategy that aligns with the company's overall business objectives and supports enterprise growth.
• Establish and enforce compliance policies and procedures to ensure procurement activities align with regulations and organizational standards.
• Implement a structured onboarding process that facilitates the efficient integration of new suppliers into the organization's supply chain.
• Lead the comprehensive development and execution of supplier RFPs, including defining requirements and evaluating proposals.
• Lead the negotiation of contracts with key suppliers to secure favorable terms, pricing, and delivery schedules.
• Drive continuous improvement initiatives in procurement processes to enhance efficiency and reduce costs.
• Analyze market trends, supplier performance, and industry developments to identify opportunities for strategic sourcing.
• Collaborate with product development, operations, and finance teams to forecast purchasing needs and manage inventory levels effectively.
• Establish and maintain strong relationships with suppliers, ensuring high-quality standards and reliability in supply.
• Monitor and report on purchasing metrics to assess performance and identify areas for improvement.
• Oversee the team responsible for purchasing, providing mentorship and guidance to develop their skills and capabilities.
• Ensure compliance with legal and regulatory requirements in all purchasing activities.

Skills:

• Strong strategic thinking and problem-solving abilities.
• Experience in risk management and mitigation strategies related to supply chain disruptions

Qualifications:

• Bachelor's degree in Business, Supply Chain Management, or a related field; MBA preferred.
• 10+ years of experience in procurement or supply chain management, with a focus on enterprise strategy.
• Proven track record of successful negotiation and contract management.
• Strong analytical skills with the ability to interpret data and make informed decisions.
• Excellent leadership and team management skills, with a focus on developing talent.
• Exceptional communication and interpersonal skills, capable of building relationships with stakeholders at all levels.
• Knowledge of supply chain management software and procurement tools.

What's in it for you:

• Competitive salary with annual performance reviews
• Comprehensive health coverage plan that includes medical, dental, and vision
• 401(K)/ Company Match
• Access Perks and Childcare discounts

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.