Sr. Procurement Accounting Specialist

Overview

Sr. Procurement Accounting Specialist – Country:
United States of America. This role assists the Director of Procurement and Corporate Services in overseeing procurement accounting activities, departmental operations, and corporate services functions. It supports accurate accounting treatment and coding of Purchase Orders, ensuring compliance with procurement and accounting policies, and maintaining alignment with Parent Company standards and governance requirements.

• Assist the Director of Procurement and Corporate Services in overseeing procurement accounting activities, departmental operations, and corporate services functions.
• Support accurate accounting treatment and coding of Purchase Orders, ensuring compliance with procurement and accounting policies.
• Provide accounting support and guidance for procurement transactions, Concur expense reporting, and financial reporting processes.
• Work closely with Procurement, Finance, Accounts Payable, and internal business partners to improve operational efficiency, strengthen internal controls, and support audit preparedness.
• Support Transactions with Affiliates (TWA) approval workflows, maintain procurement and accounting records, coordinate shared service agreements with affiliates, and provide backup assistance for Procurement and Travel‑related functions when needed.
• Manage coding and accounting treatment of Purchase Orders, assigning appropriate general ledger accounts, cost centers, expense classifications, and accounting treatment for operating expenses, capital expenditures, and fixed asset acquisitions.
• Support the Accounts Payable team by guiding and resolving proper application of Purchase Orders to invoice payments, ensuring timely and efficient vendor payment processing.
• Develop, document, and enhance Procurement and Travel policies and procedures in alignment with Parent Company standards and governance requirements.
• Maintain and manage the Transactions with Affiliates (TWA) log and support business units in preparing memos and supporting documentation for TWA approvals.
• Draft and coordinate internal shared services agreements and contracts with affiliates.
• Ensure maintenance of proper documentation for internal, external, and regulatory audits.
• Support the Director of Procurement and Corporate Services in overseeing departmental processes, operations, and administrative activities.
• Identify opportunities to improve operational efficiency, strengthen internal controls, and streamline procurement‑related processes.
• Collaborate with the FP&A team to ensure expenses are aligned with approved budgets and financial forecasts.
• Provide cross‑functional support to maintain continuity of departmental operations and service levels.
• Perform other duties as assigned or requested by the immediate supervisor.

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• 5–7 years of relevant experience or demonstrated proficiency in procurement accounting.
• Strong knowledge of accounting and bookkeeping, including accounts payable and receivables processes.
• Understanding of Purchase Order processes, expense classification, and proper accounting treatment.
• Experience with General Ledger (GL) accounting, Accounts Payable, and Fixed Assets accounting.
• Proven expertise in handling internal, external, and regulatory audit requests.
• Proficiency in Microsoft Excel and PowerPoint.
• Advanced analytical skills.
• Excellent verbal and written communication skills.
• Languages:
  
  American English and Spanish.

• Base Pay Range:
  Minimum $71,250.00 USD;
  Maximum $ USD.
• Santander benefits program (2026) supports employees, families, and well‑being.
• Risk Culture:
  Commitment to a strong risk culture and responsible risk management.

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Frequent minimal physical effort such as sitting, standing, and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.