Role And Responsibilities 

Engage in all aspects of day-to-day activities and deliverables of the Vendor Management, IT Procurement function, encompassing:  

• Establish and maintain supplier agreements and supplier relationships to support the firm.
• Ensure information is accurately and correctly obtained within the Contract Repository.
• Appropriately Manage contract renewals and terminations.
• Using solid business acumen and a basic understanding of contracts, review contractual language to ensure it meets company guidelines and work with legal team on identifying and remediating issues within contracts.
• Work in a team environment to implement sourcing practices and strategies in correlation with market trends, business need, and the competitive landscape.
• Assist business owners with requirement definition and how to strategically engage the marketplace to see those requirements fulfilled.
• Suggest and help to implement process automation/transformation effort in Vendor Management, including preparation of process documentation.
• Collaborate with the team members to conduct day-to-day activities and deliverables.
• Able to cross-train other personnel on major tasks across the shared Finance Shared Services functions.
• Take initiative and manage ad-hoc projects as needed.
• Able to evaluate what additional information is needed from a request to execute tasks required to bring a transaction to conclusion.
• Drive documented cost optimization including hard dollar savings and negotiated cost avoidances to further demonstrate the value of the function.
• Ability to research the markets they are responsible for to show how supplier offers compete within their market to advise stakeholders on best purchase options.
• Ability to identify and remediate supplier performance issues on behalf of their stakeholders.
• Collaborates with Vendor Management team and stakeholders to identify best practice solutions for the company.
• As an indirect procurement organization we do not rely on purchase requisitions or purchase orders, rather focusing on the value proposition of contracts and overall vendor relationships.

Qualifications & Experience  

• 10+ years of experience in Vendor Management, Procurement, Strategic Sourcing or other related function, including review, audit, processing, approval and execution of agreements, administering initiation and review of vendor risk assessments and due diligence, and communicating Vendor Management policy and provisions to employees and other internal stakeholders.
• Strong communication and interpersonal skills. Ability to partner with others and work collaboratively and professionally in the organization to drive business value.
• Highly organized, proactive and efficient in managing and following up on multiple priorities simultaneously.
• Strong negotiator with the ability to convey the viewpoint of the organization to vendors and arrive at win-win solutions.
• Highly motivated induvial who is willing to help drive a function from its infancy, including developing stakeholder relationships and building confidence in the function.
• Demonstrates a natural curiosity and willingness to learn; as each project has induvial needs and requirements as expressed by the business stakeholders.

CTC: upto 35 LPA

Experience: 10+ Years

Location: Goregaon, Mumbai