Corporate and Workplace Solutions-Procurement Operation Associate - Hyderabad

Location(s) IN-TS-Hyderabad
Job ID
2021-73812
Schedule Type
Full Time
Level
Associate
Function(s)
General
Region
India
Division
Corporate and Workplace Solutions
Business Unit
Spend Management
Employment Type
Employee

MORE ABOUT THIS JOB

WHO WE ARE

 

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

 

CWS

 

Comprised of Corporate and Workplace Solutions (CWS) and the Office of Global Security (OGS), the division focuses on commercial management, client support, advisory solutions, strategic planning, risk management, people security, real estate and technology solutions. The division delivers a world-class work experience and environment to the people of Goldman Sachs. We effectively manage the firm’s third party operating expense, including fostering opportunities to innovate and enable sustainable approaches, while also managing the risks associated with vendor engagements and a contingent workforce. Our core disciplines, focus on the following areas: Third Party Governance, Strategic Sourcing, Infrastructure and Transformation, Procure to Pay, and Product Finance.

 

The objective of the Procure to Pay (P2P) group is to deliver commercial value and front-to-back cost transparency across the firm. Under the Spend Management umbrella and focused on the front-to-back theme the Procure to Pay team is divided into 3 pillars - Procurement Management, Expense Management and Accounting & Tax Control.

RESPONSIBILITIES AND QUALIFICATIONS

 

JOB SUMMARY AND RESPONSIBILITIES

 

Procurement Operations personnel will be expected to have a good understanding of sourcing and contracting ERP functionalities specifically in Services Procurement space. Key focus areas will include creating sourcing projects, creating and releasing RFX and managing all support activities, contract metadata set up, operationalizing of SOWs in Services Procurement Applications (eg. SAP Fieldglass) and creation of pricing terms in Ariba Buying for invoice validation and payment.

 

The individual needs to exhibit the ability to identify problems and control gaps and come up with innovative solutions to mitigate the risk. The role also demands the ability to effectively communicate with stakeholders across different regions and help build partnerships across different divisions with P2P. Individual will support in process transformation initiatives to enhance efficiencies & controls within the process.

 

 

SKILL / EXPERIENCE

 

  • Experience of working in Procurement Centre of Excellence (CoE) type functions supporting global procurement operations involving both downstream and upstream activities
  • Good understanding of creating sourcing projects, RFX and contracts in sourcing applications
  • Key skillsets include experience in sourcing request review, RFP management, contract setup, pricing terms creation, services procurement related to Fixed Fee, Time & Materials, hybrid contract types, rate, time entry, and cost center controls at the worker and deliverable level
  • Prior experience of managing above processes / activities in Ariba, SAP Fieldglass application will be preferred
  • Proficiency in MS Office and other Microsoft office tools

SOFT SKILLS

  •  Very high standards of business ethics
  • Ownership towards managing risks and protecting organizations reputation
  • Hardworking and high level of commitment
  • Ability to work with global teams and manage stakeholders across different regions
  • Collaborative and consensus driven approach
  • Team player
  • Strong listening and communication skills
  • Excellent partnership building skills and strong customer service perspective