
Sr Buyer - Indirect Procurement
Interactive Brokers
🇮🇳 India
Hybrid
Senior
4 weeks ago
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.
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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.
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Company Benefits & Perks:Â
- 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.
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*Â Depending upon the shifts.
**The benefits package is subject to change at the management's discretion.
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Sr Buyer - Indirect Procurement · Interactive Brokers