EP&P Senior Analyst, P-Card

1 month ago

Gurugram, India Boston Consulting Group Full time

Who We Are

BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible-and unlocking your potential to advance the world. Our team called Global Services (GS) provides corporate support to business areas such as Finance, Legal, HR, Marketing and IT. This diverse team of experts, operators and specialists represent all levels from Partner to entry level staff, operating across the globe in multiple countries. Global Services is in short, the backbone of BCG.

What You'll Do

BCG enjoys double digit growth year on year employing 25,000 people across 50 countries. It is one of the world's largest true partnerships (1,500 partners); operates a matrix of business units (geographies), practice areas and functions; and culturally places a strong emphasis on values, entrepreneurialism and decision making through consensus. Our growth means there is a continuous change agenda.

 

Key value drivers for the firm, and Procurement, are ensuring the right quality products and services are sourced from a reputable, global, and diverse supplier base, achieving speed to market, value for money and operational efficiency.

 

As part of the global Procurement Operations team, the appointee will play a pivotal role in supporting Procurement's transformation agenda.  The ‘Credit' Card Administrator manages the overall credit card program including card applications, end user training, policy development and evolution, MCC controls and Templates, monthly auditing, and ongoing exception requests.

 

  • Responsible for overall card program management and serves as a liaison between Supply Chain and other personnel and suppliers involved in the credit card program.
  • Produces and analyzes reports and audits monthly P-Card transaction data.
  • Serves as the point of contact for the cardholders and merchants/vendors supporting application processes, training, and upfront and ongoing customer support internally and externally.
  • Support system set up to simplify cost allocation and reconciliation.
  • Reviews and audits P-Card reconciliation to verify completeness and confirms that supporting data is included and compliant.
  • Builds, setup, and maintains credit card accounts including recovery of funds owed.
  • Assists in the enforcement and development of purchasing card policies
  • Ensure adherence to company policies and procedures and banking regulations
  • Tracks submission of receipts and takes appropriate action for late submissions (shuts cards off, escalates problems, sends appropriate notices)
  • Monitors the transaction 'review and approval' steps for compliance
  • Audits receipts and transactions each month using a systematic approach with a focus on high risk and high dollar transactions
  • Works with first-time merchants to facilitate on-boarding
  • Coordinates and tests with new vendors
  • Works with vendors to resolve questions and issues
  • Assists in reconciliation when necessary
  • Analyzes activity and presents updates to management
  • Maintains reporting and dashboard to track and monitor program benchmarks 


What You'll Bring

  • Degree: Associate degree or Equivalent
  • A minimum of 4 to 7 years working within a supply chain and/or purchasing environment in a similar capacity
  • Working knowledge of Card Programs and Administration, Policies & Controls
  • Experience with card systems and controls examples, Citi, JP Morgan, Amex, etc.
  • Must be detail-oriented and have strong analytical skills.
  • Problem Solving and Continual Improvement
  • Strong basic mathematical skills required
  • Strong Computer Skills – Microsoft Office Excel, Word, Power Point
  • Excellent organizational and communication skills required
  • Attention to detail is a strong requirement


Who You'll Work With

BCG spends ~$1.6B on goods and services across the firm globally. At its core, Procurement is accountable for ensuring that BCG is supplied with goods and services that meet business requirements, drive value and at best whole life cost to BCG.

 

The functional procurement team at BCG is a healthy, yet nascent operating function that has generated material savings to BCG over the past 5 years. Over the past 18 months, we've embarked upon a procurement transformation to define and implement strategies, organization, systems and policies to create a sustainable operating model. This model should maximize value from our suppliers, mitigate risk and meet savings targets. BCG is a highly matrixed firm where purchasing decisions are often taken at the local level, therefore this transformation will need to be carried out with high levels of stakeholder engagement, alignment and collaboration.

 

The BCG Global Procurement function is currently made up of more than 45 procurement professionals located in London, Stockholm, New Delhi, Boston and Munich. This Sourcing Manager position will be supporting our team with sourcing projects on a strategic and operational level.

 

Scope of work will be global, regional as well as local, requiring procurement experience, relationship building, sell-in capabilities and sensitivity to local requirements. The individual taking on this challenge must possess a very high level of self-motivation/drive, persistency, resourcefulness and a willingness to facilitate change.



Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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