Procurement Systems Administrator

Posted 17 Days Ago
Be an Early Applicant
Greenwich, CT
Senior level
Financial Services
The Role
As a Procurement Systems Administrator, you will manage and maintain S2P procurement systems, train users, assist with system upgrades, develop performance dashboards, support automation initiatives, and ensure optimal tool usage while collaborating with various stakeholders.
Summary Generated by Built In

About INTERACTIVE BROKERS!

 

This is a hybrid role (three days in the office/two days remote).

 

Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push boundaries to offer our clients the best trading platform with the most sophisticated features at the lowest cost. Software development is the lifeblood of our firm, and it shows in our stellar brokerage platform. Interactive Brokers is regularly recognized as a leader in the financial services industry.

 

About your team:

 

Interactive Brokers is seeking an experienced Procurement System Administrator to join the Procurement Strategy and Systems team, which is responsible for maintaining the ongoing reliability, performance, management, and support of Source-to-Pay procurement systems. The Strategy and Systems team is responsible for developing and managing Source-to-Pay (S2P) policies, processes, systems, and reporting for the overall Procurement organization. We are currently leading a procurement digital transformation initiative, including a Source-to-Contract (S2C) platform upgrade and the implementation of a new Procure-to-Pay (P2P) solution and seeking the right person to help deliver a successful outcome and provide ongoing support and maintenance of these solutions.

 

What will be your responsibilities within IBKR: 

 

  • Provision roles and provide the initial training/content for all new users on the Source-to-Pay (S2P) platform. 
  • Responsible for S2P configuration, data maintenance/management, help desk support tickets and ad-hoc support to the Procurement organization. 
  • Assist with Source-to-Pay system upgrades and implementations, including UAT and user training.
  • Develop and maintain dashboards, reports, and key performance indicators (KPIs) to monitor Procurement and system performance. 
  • Configure monthly and quarterly dashboards and reports for various departments.
  • Build and support ongoing automation initiatives to guide decisions and actions that support Procurement strategy. 
  • Monitor and regularly report on usage of Source-to-Pay tools and implement plans for improving tool usage/value. 
  • Conduct regularly scheduled maintenance of the Source-to-Pay platform and requisite data elements. 
  • Liaise with the Procurement team, Risk Groups, Legal and business stakeholders to assess additions, removals, and changes of business objects (suppliers, users, items, accounts, etc.) 
  • Assess implications of new software releases, configure accordingly, and support change management. 
  • Deliver ad hoc requests, special projects, reporting, and status inquiries. 
  • Document technologies, workflows, user stories and processes 

 

Which skills are required:

 

  • Bachelor’s degree in Business Administration, Supply Chain Management, or related field. Or equivalent work experience.
  • Five years of relevant experience in Procurement, Finance, IT, or related functions, with responsibly as a system administrator with S2P technologies such as SAP/Ariba, Zycus, Coupa, iValua, GEP, etc. (iValua and GEP preferred)
  • Three years of experience maintaining system data, configuration, and integrations for SaaS/On-prem solutions with regular upgrades. 
  • Familiarity with the procurement lifecycle, including supplier onboarding, sourcing, Third-Party Risk Management (TPRM), contracting, catalog management, and the PR / PO process.
  • Strong project management, business systems analysis, and reporting skills 
  • Ability to collaborate effectively with stakeholders and suppliers to accomplish daily tasks and drive issue resolution. 
  • Technical configuration skills with basic knowledge of relational databases and SQL language.
  • Familiarity with managing integrated source to pay platforms. 
  • Familiarity with SSO (Single Sign-On) multi-factor authentication tools.
  • Familiarity with ServiceNow and JIRA for tracking and completing system requests 
  • Familiarity with Confluence for policy and procedure publication

 

To be successful in this position, you will have the following:

 

  • Self-motivated and able to handle tasks with minimal supervision.
  • Superb analytical and problem-solving skills.
  • Excellent collaboration and communication (Verbal and written) skills
  • Outstanding organizational and time management skills.
  • Possess strong technical aptitude and demonstrated ability to quickly grasp complex systems and technologies 

 Company Benefits & Perks

  • Competitive salary, annual performance-based bonus and stock grant
  • Retirement plan 401(k) with a competitive company match
  • Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium
  • Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
  • Paid time off and a generous parental leave policy
  • Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
  • Corporate events, including team outings, dinners, volunteer activities and company sports teams
  • Education reimbursement and learning opportunities
  • Modern offices with multi-monitor setups.
Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Top Skills

Ariba
Coupa
Gep
Ivalua
SAP
Zycus
The Company
HQ: Greenwich, CT
2,441 Employees
On-site Workplace

What We Do

Rated #1 Best Online Broker in 2022 for 5 consecutive years by Barron's.

Interactive Brokers Group (Nasdaq: IBKR) and its predecessor companies have been building trading technology for over 44 years. Interactive Brokers Group’s consolidated equity capital exceeds $10 billion.

Throughout its history, the company’s mission has remained unchanged: Create technology to provide liquidity on better terms. Compete on price, speed, size, diversity of global products and advanced trading tools.

Interactive Brokers LLC is a member of NYSE, FINRA, SIPC. For more information, visit: ibkr.com

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