As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.
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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)
NoWorkplace 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
In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.
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/
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What We Do
intelliflo widens access to financial advice through leading technology which powers the financial advisory experience. We use open software architectures combined with unmatched industry experience to simplify a complex digital landscape to help our customers thrive and grow. Our solutions support over 30,000 financial professionals worldwide, representing over three million end-investors, with over $1 trillion (US) advised across our platforms. intelliflo operates independently under its own brand as a wholly owned subsidiary of Invesco, a global leader in the asset management industry with $1.6tr AUM. Whilst intelliflo remains independent in operations to Invesco, we draw from its strengths. After bringing together Invesco’s digital advisory solutions under our global intelliflo brand in March 2021, we continue to remain dedicated to powering the entire advisory lifecycle through our range of open architecture solutions, as the global leader in financial advice technology. Digitization is transforming wealth management. Invesco is committed to creating commercial software that allows advisors, institutions, and investors, to unlock technology-enabled possibilities. intelliflo is a key part of Invesco’s ambition to build the future of wealth management.
