Senior Procurement Analyst

22 hours ago


Hyderabad, Telangana, India Franklin Templeton Full time ₹ 12,00,000 - ₹ 24,00,000 per year

At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that's both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients' achievements.

Come join us in delivering better outcomes for our clients around the world

What is the Senior Procurement Analyst responsible for?
  • Reporting to the Manager within Enterprise Vendor Management Operations, the Senior Procurement Analyst plays a key role in fulfilling requests for goods/services from third party providers, facilitates the sourcing process by preparing and executing sourcing events, drafts/reviews contracts and administers the contract database, implements supplier catalogs and manages vendor relationships.

What are the ongoing responsibilities of the Senior Procurement Analyst?
  • Collaborate with Business Partners to drive value for the business, while maintaining high quality service standards

  • Analyze key procurement data and create metrics in order to report results to Senior Management to be used in business plan and strategy development.

  • Manages and leverages vendor relationships to optimize procurement activity and contain cost.

  • Strong working knowledge of Coupa or similar Procure to Pay system.

  • Provide education, training, and support to internal clients on contracting, requisition processes, appropriate approvals, and use of procurement systems.

  • Resolve material quality problems at the time of receipt via exchanges, accept as is, or return to vendor. Research and resolve receiving issues reported.

  • Drives suppliers to adopt the self-service capability of the Procure to Pay application including registering to receive PO's electronically and submit invoices electronically.

  • Reviews and processes purchase requests, purchase orders and purchase order change requests for all the types of categories like Facilities, HR, IT – Hardware and Software, Marketing, Tax and advisory services.

  • Reviews and resolves invoice exceptions where invoices do not reconcile to PO's/

  • Leads Request for Information (RFI), Request for Proposal (RFP) or Request for Quote (RFQ) including negotiations.

  • Performs contract administrative duties for ongoing contracts

  • Support programs within the Enterprise Vendor Management team to improve customer experience, increase automation, and enhance speed to market.

  • Enforces enterprise vendor management global policies and procedures.

  • Analyzes spend to identify opportunities to implement new catalogs automating the order process and maintains existing catalogs to ensure product availability and standards are being met.

What ideal qualifications, skills & experience would help someone to be successful?
  • Bachelor's / master's degree in accounting, finance or related field, or equivalent combination of education and work experience

  • 5+ years' procurement industry experience and/or financial services industry experience

  • Excellent English communication skills – both written and verbal

  • Solid knowledge of Microsoft Office (MS-Advance Excel with macros & PowerPoint Presentations skills) , SharePoint

  • Demonstrated ability to complete projects independently and as part of a team

  • Works independently, receives minimal guidance;

  • Solves complex problems; takes a new perspective using existing solutions;

  • May lead small projects with manageable risks and resource requirements;

  • Holding good knowledge on contract life cycle management is a plus.

  • Results driven with attention to detail and the ability to move quickly while staying organized

  • Very strong research, problem solving, and communication skills (verbal and written)

Additional Desirable Qualifications: 

  • Understanding business concepts, Procurement, finance & accounting principles, budgeting, reconciliation.

  • Experience with Procurement systems (Coupa, Ariba) a plus.

Job Level - Individual Contributor

Work Shift Timings - 2:00 PM – 11:00 PM IST

Experience our welcoming culture and reach your professional and personal potential

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

Hear more from our employees

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.  

Highlights of our benefits include:

  • Professional development growth opportunities through in-house classes and over 150 Web-based training courses

  • An educational assistance program to financially help employees seeking continuing education

  • Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee's dependents (spouses, children and dependent parents)

  • Life insurance for protection of employees' families

  • Personal accident insurance for protection of employees and their families

  • Personal loan assistance

  • Employee Stock Investment Plan (ESIP)

  • 12 weeks Paternity leave

  • Onsite fitness center, recreation center, and cafeteria

  • Transport facility

  • Child day care facility for women employees

  • Cricket grounds and gymnasium

  • Library

  • Health Center with doctor availability

  • HDFC ATM on the campus

Learn more about the wide range of benefits we offer at Franklin Templeton

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. 
 
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.


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