• Services - Procurement Management - Analyst - Bangalore

    Location(s) IN-Bengaluru
    Job ID
    2019-58038
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    India
    Division
    Services
    Business Unit
    Procure to Pay
    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.

     

    SERVICES

     

    Corporate Services and Real Estate (CSRE) and the Office of Global Security (OGS), drive productivity and enable the firm’s flow of business while ensuring its safety and security. CSRE creates the world’s best work experience and environment for the people of Goldman Sachs and OGS’s mission is to protect the firm's people, assets, and reputation.

     

    Business Finance & Spend Management (BFSM) is a part of the Services division and the objective of this 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

     

    Analyst role within procurement management requires an individual to work on maintaining third party vendor profiles in ERP system. The role includes responsibility of enabling the firm to actively and effectively manage its vendor population and associated process/program risks. 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 stake holders across different regions and help build partnerships across different divisions with P2P. Individual will support in process transformation initiatives to bring in efficiencies & controls within the process.

     

    PRINCIPAL RESPONSIBILITIES

     

    • Perform vendor On-boarding and profile maintenance activities within the ERP system
    • Develop strong working knowledge on procurement, vendor management and contract management
    • Support vendor management activities performed by regional Vendor Management teams
    • Meet defined service levels for all Vendor On-boarding team activities
    • Support continual process improvements, industrialisation initiatives and data management initiatives to maintain data quality across applications used for Vendor Management
    • Query management and client response
    • Be an active participant/contributor to process re-engineering with / without technology changes
    • Support Third Party Risk Management Governance initiatives like Program and Policy Changes being implemented

     

        SKILL/ EXPERIENCE

     

         MANDATORY SKILLS

         

    • Minimum Bachelor’s Degree
    • Minimum 1 years relevant experience in sourcing/supply chain management/contract administration/ vendor management and operational risk management
    • Prior experience in the source to pay / procure to pay cycle
    • Enthusiastic, hardworking and able to work well under pressure
    • Ability to handle conflicting priorities and multiple deadlines
    • Good PC skills (Word, Excel, PPT): experience of Ariba/SAP systems will be added advantage
    •  Ability to work and contribute in a team environment and positively interact with various levels of management
    •  Collaborative and consensus driven approach
    •  Team player 
    •  Strong listening and communication skills

     

        DESIRABLE SKILLS AND TRAITS

         

    • A flexible and nimble approach to work
    • Excellent partnership building skills and strong customer service perspective
    • Experience in global sourcing projects or Vendor Management initiatives
       

     

     



     

     

    ABOUT GOLDMAN SACHS

    ABOUT GOLDMAN SACHS

    At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

    We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

    We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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