Junior Analyst, Procurement

4 weeks ago

Hyderabad, Telangana, India ICE Full time
Job Description

Job Purpose

Intercontinental Exchange Inc (ICE) is looking for a highly motivated and proactive individual with excellent analytical, communication, and business acumen skills to join our dynamic procurement team. The ideal candidate will have a strong understanding of the procurement process and manage the lifecycle of facilities contracts.

Responsibilities

- Procure-to-Pay: Be responsible for all aspects of the procurement process as it relates to the facilities spend category
- Procurement Liaison: Assist employees across the company in understanding the procurement process and policy
- Contract Negotiation: Review and negotiate purchasing agreements with optimal pricing and commercial terms
- Cross-Functional Collaboration: Work closely with end users, legal team, senior leadership, and suppliers to define requirements and strategize on contract negotiations
- Reporting: Track and report on procurement metrics to inform decision-making, including spend, savings, and contract performance
- Time Management: Manage and prioritize multiple competing tasks in a fast-paced environment to meet deadlines
- Risk Management: Identify and mitigate risks to the company and vendor relationships including invoice discrepancies

Knowledge And Experience

- Bachelor's degree in Business, Supply Chain Management, Real Estate, Construction Management, or related field
- 1-3 years of indirect procurement experience
- Excellent customer service and interpersonal skills
- Strong cost analysis and negotiation skills
- Must be able to think critically to identify and solve problems
- Must possess sound judgment and meet ethical obligations to perform purchasing duties on behalf of the company
- Ability to prepare clear and concise specifications and other documentation
- Strong knowledge of Microsoft Excel - Oracle Cloud & ServiceNow a plus
- Preferred understanding of procuring facilities and real estate related goods and services

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