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Job Description
Your Role: Senior Buyer- Procurement
General Role Profile:
Primary area of responsibility is local sourcing and vendor negotiations for requirements in support of Invesco s Hyderabad operation.
Maintain proficiency in all relevant policies and procedures, including the ability to articulate and enforce those policies.
Perform contract management functions including facilitating signature process, work with concerned team to ensure contracts are properly input into Contract Management System.
Track and manage contract expirations, verify need for continuation of contracts, competitively bid/negotiate the underlying goods/services, revise contracts as necessary or terminate contracts.
Process purchase orders and collaborate with Accounts Payable to resolve invoice discrepancies.
Maintain Procurement contracts globally, including proper naming convention of master agreement and change orders, date sequence, and storage to central location.
Perform various systems tasks, including extracting data and creating management reports.
Support contract implementation for business units.
Coordinate with vendors and internal stakeholders on outstanding requests, open purchase orders, and any invoice/payment issues.
Work with internal stakeholders and P2P process owners to improve efficiencies and effectiveness.
Coordinate team efforts to construct RFQ s, RFI s and RFP s in support of strategic sourcing.
Participate in requisition-to-pay process for products and services.
Review requisitions daily and issue standard PO s within Oracle R-12 system
Work on P2P related initiatives or projects related to procurement function.
Effectively communicate oral and written resolution of issues with all internal and external partners.
Apply established procedures, policies, and standards with little or no supervisory guidance.
Perform basic project management as assigned.
Proactively initiate periodic review of work progress, action plans, and deliverables with manager.
Working Conditions:
Normally works a regular schedule of hours, however, hours may vary depending upon the project or assignment.
Work with colleagues in different time zones and countries
Sporadic travel to other Invesco offices may apply.
Knowledge
3 to 5 years experience and demonstrated proficiency in ERP procurement transactions.
3 to 5 years requisition-to-payment process experience.
3 to 5 years tactical sourcing experience.
Experience with Continuous Improvement or Six Sigma methodology a plus.
Experience with Oracle transaction processing a plus.
Project management/CPM certification a plus.
Business Acumen
Proficiency with Microsoft Office and ERP systems (Oracle Procurement experience a plus).
Strong problem-solving skills.
Excellent organization and time management skills.
Excellent customer service skills.
Ability to communicate effectively with colleagues and staff at all levels.
Formal Education:
Bachelor s degree or equivalent qualification or ability to demonstrate equivalent academic caliber required.
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
No
Workplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
Why Invesco
In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.
We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).
What s in it for you?
As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.
Our benefit policy includes but not limited to:
Competitive Compensation
Flexible, Hybrid Work
30 days Annual Leave + Public Holidays
Life Insurance
Retirement Planning
Group Personal Accident Insurance
Medical Insurance for Employee and Family
Annual Health Check-up
26 weeks Maternity Leave
Paternal Leave
Adoption Leave
Near site Childcare Facility
Employee Assistance Program
Study Support
Employee Stock Purchase Plan
ESG Commitments and Goals
Business Resource Groups
Career Development Programs
Mentoring Programs
Invesco Cares
Dress for your Day
To know more about us
About Invesco: https: / / www.invesco.com / corporate / en / home.html
About our Culture: https: / / www.invesco.com / corporate / en / about-us / our-culture.html
About our D&I policy: https: / / www.invesco.com / corporate / en / our-commitments / diversity-and-inclusion.html
About our CR program: https: / / www.invesco.com / corporate / en / our-commitments / corporate-responsibility.html
Apply for the role @ Invesco Careers : https: / / careers.invesco.com / india /