Senior Procurement Analyst

3 weeks ago

Delhi, Delhi, India Boston Consulting Group Full time
Procurement Expertise

The Boston Consulting Group is seeking a skilled Procurement Senior Analyst to join our Global Procurement team. As a key member of our organization, you will play a critical role in guiding business users through the buying process, ensuring adherence to procurement policies and procedures.

Key Responsibilities:

  • Assist and guide business users in the correct buying channels, creation and submission of purchase requisitions and purchase orders.
  • Provide expert advice on procurement processes and policies to ensure compliance.
  • Provide end-user trainings on the process and support in closing any gaps in technical and process understanding.

Purchase Requisition Validation:

  • Review and validate purchase requisitions for accuracy, completeness, and compliance with procurement guidelines.
  • Collaborate with business users to address any discrepancies or missing information.

Purchase Order Generation and Modification:

  • Facilitate the creation and modification of purchase orders based on approved requisitions.
  • Coordinate with suppliers and internal stakeholders to ensure timely and accurate order placement.

Approval Process:

  • Manage the approval workflow for purchase requisitions, ensuring that all necessary approvals are obtained.
  • Collaborate with relevant teams to expedite approval processes when required.

Procurement System Management:

  • Utilize and navigate Coupa system effectively to streamline processes and maintain accurate records.
  • Troubleshoot issues related to procurement systems.

Compliance and Risk Mitigation:

  • Ensure procurement activities comply with organizational policies, industry regulations, and ethical standards.
  • Identify and mitigate potential risks associated with procurement processes.

Reporting and Analysis:

  • Generate and analyze reports related to purchasing activities, providing insights to improve efficiency and compliance.
  • Contribute to the development of key performance indicators (KPIs) for procurement operations.

Requirements:

  • University degree or equivalent.
  • 4+ years of experience preferably in a service center, running procurement operations with a focus on purchase requisitions and purchase orders.
  • Good understanding of the end-to-end procurement processes (PR, PO, Invoice, Payment).
  • Understanding of Purchase-to-pay tools (e.g., Coupa, Ariba, Oracle, etc.).
  • Experience of managing multi geographies across time-zones.
  • Proficiency in Microsoft suite (Word, Excel, and PowerPoint).
  • Global Experience within the professional services industry in procurement or related function.
  • Experience of managing SLA and performance for support.
  • Strong understanding of procurement policies, compliance, and risk management.

About the Role:

The Boston Consulting Group is a global management consulting firm with a strong commitment to procurement excellence. Our Global Procurement team is responsible for managing the firm's procurement activities, ensuring compliance with organizational policies and industry regulations. As a Procurement Senior Analyst, you will play a critical role in supporting the team's efforts to drive procurement excellence and improve efficiency.

What You'll Bring:

  • A proactive and positive customer service mindset to ensure that business users receive a great buying experience.
  • Strong initiative and willingness to take on projects in a proactive manner.
  • Relationship building and collaborative skills.
  • Attention to detail.
  • Excellent analytical and critical thinking to identify the root cause and implement remedial action.
  • Effective communication and interpersonal skills.
  • Time management and organizational skills.
  • Comfort with ambiguity and iterative process.
  • Highly self-motivated with the ability to drive change in a global organization with minimum supervision.
  • Demonstrates accountability and ownership.

Working with Us:

The Boston Consulting Group is a highly matrixed firm where purchasing decisions are often taken at the local level. Our Global Procurement team is located in various regions (London, Boston, New Delhi, and Munich) and works closely with each other. We learn from and challenge each other daily, driving innovation and excellence in procurement.

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