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Sr Buyer - Indirect Procurement

Interactive Brokers
🇮🇳 India
Hybrid
Senior
4 weeks ago

Sr. Buyer – Indirect Procurement

Senior Buyer is responsible for supporting procurement and vendor management activities for various indirect goods and services, including IT, HR, Professional Services, Transportation, Legal, through a systematic procure to pay process.

Job Responsibilities -

  • Lead assigned sourcing projects and drives them to successful completion, including market analysis, RFx process, risk assessment and due diligence, commercial negotiations, contract execution, and Purchase Order management.
  • Perform tactical (BAU) procurement activities per the framework/guidelines defined.
  • Support the supplier risk assessment and due diligence process.
  • Develop strong relationships with internal business partners.
  • Drive cost-saving initiatives to align with company goals.
  • Determine total cost of ownership for products and services procured.
  • Participate in the evaluation of supplier capabilities, cost structure, risks, and ongoing performance monitoring etc.
  • Develop supplier scorecards / ratings on an ongoing basis to measure supplier performance.
  • Issue Purchase orders and track deliveries.
  • Actively work with AP and suppliers to resolve any invoice and payment issues.
  • Manage vendor catalogs and work with Category Leaders and business to keep them current.
  • Ability to review/redline contracts/Order Forms across multiple procurement categories.

 

Qualifications

  • BS or BA in Purchasing, Finance, Economics, Accounting, Engineering, Information Technology or other business-related field
  • 5 – 7 years’ relevant procurement experience
  • Solid negotiation, analytical and reporting skills
  • Expertise in financial analysis with knowledge in cost model development
  • Team player with the ability to work on cross-functional teams
  • Excellent verbal and written communication skills
  • Strong computer skills and hands on with one of the Source to Pay solution
  • Strong organizational and project management skills
  • Ability to collaborate effectively with IT, legal, procurement, finance and other departments as needed to accomplish daily tasks and issues.
  • Comfortable with engaging suppliers and leading internal calls for project resolution
  • Experienced with summarizing and effectively communicating contract summary to senior executives
  • Ability to determine prioritization of sourcing funnels and actively work with Category Leaders.

 

Company Benefits & Perks: 

  • Competitive salary package.
  • Performance-based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company-paid snacks.
  • Hardship/shift allowance with company-provided pickup & drop facility*
  • Attractive employee referral bonus.
  • Frequent company-sponsored team-building events and outings.

 

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.

 

Sr Buyer - Indirect Procurement · Interactive Brokers

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