Corporate Planning & Management – Procurement / Purchasing – Associate

Corporate Planning & Management – Procurement / Purchasing – Associate

Requirements

• Bachelors / Post Graduation; and in addition if any relevant professional qualifications
• Minimum three years’ experience in Strategic Sourcing operations and Category management, particularly in the indirect spend with a preference in professional fees and/or technology sourcing.
• Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, project management vendor management legal and contracting or operational risk management.

Responsibilities

• Work collaboratively with category leads to enhance oversight of tactical sourcing spend which support the delivery of the firm’s commercial and operational objectives
• Partner with business and functional leadership to understand short, medium, and long-term third-party requirements including demand management
• Support execution of key procurement initiatives
• Mitigate vendor proposed price increases and reduce non-contractual market increases
• Consolidate spend to fewer suppliers, leveraging enterprise volume (tail spend mgmt.)
• Increase competition (GS leverage) through increased frequency of RFPs
• Enable opportunities for greater automation and process efficiency
• Implement best practices in procurement, commercial and vendor management
• Drive supply side initiatives to reduce or contain risk, and / or create commercial and revenue generating opportunities
• Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors
• Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as required
• Manage compliance with and provide reporting on the firm’s commitments in relation to ESG
• Facilitate sharing knowledge, experiences and best practice within and across global Category leads and Strategic Sourcing team
• Support compliance to the Firmwide Third Party Risk and Control Framework and associated programs
• Engage with Risk Partners across the organization (e.g., compliance, technology), as needed, to review control requirements and drive resolution of Strategic Sourcing issues

Preferred Qualifications

• Experience of successfully negotiating contracts, including incentivized service level agreements
• Excellent client management skills and experience in projects involving a range of stakeholders.
• Track record of being a team player collaborating with others within and across teams
• Proven, strong communication, interpersonal and organizational skills
• Professional and measured approach that has creditability within industry and with peers
• Strong communication/presentation skills
• Impeccable attention to detail and excellent problem solving and analytical skills
• Proficient with the suite of Microsoft Office software
• Experience of Sourcing procure to pay tools (e.g: Ariba, Fieldglass, Sakon and other procurement tools)