HYDERABAD · FULLTIME
Manager- IT Procurement
Highradius
Hyderabad · onsite · Posted 54d ago
Sourced from
Not disclosed8–13 yrsfulltimeHyderabad
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Section · 01
About this role
Job description
Job Summary
Responsible for management of commercial and contractual aspects within the IT spend category. A key part of the role includes developing and maintaining successful relationships with suppliers, peers, and internal business partners.
Key Responsibilities
- Manage end to end commercial and procurement aspects within all IT categories like Hardware, Software, Outsourcing Services, Cloud and SAAS.
- Ensure proper spend categorization.
- Lead and execute end to end strategic/tactical projects, apply proper sourcing approach (single/sole sourcing/ competitive bidding) depending on scope & business requirements, draft detailed statement of work (SOW) covering performance measures- KPIs/ metrics, SLAs, acceptance criteria, commercials, risk/reward provisions etc.
- Manage senior stakeholders and establish relationships
- Advise internal business partners on end-to-end procurement process, policies, templates, RACI, deal risks, and possible risk mitigation steps as part of procurement process or contracting. Articulate pros and cons of, and requirements for various commercial & engagement model options (e.g. managed capacity, managed outcome, managed services, gain-share etc.) for a particular deal
- Ensure full Procure-to-Contract compliance with all applicable sourcing processes, policies, etc. Independently execute RFP / RFQ processes for assigned categories including Contract negotiation, Vendor Selection, Contract Awarding.
- Define and implement plans in line with category strategy, decision trees, play book. Leverage appropriate procurement/ sourcing tools.
- Consolidate supplier base and pursue, where relevant, alternative sources ensuring uninterrupted supply of services, delivered in a cost effective and quality manner.
- Conduct periodic market research for assigned category, incl. monitoring of market trends and supply/demand factors, legal dictates to help in the decision making process to meet the strategic goals of the organization. Answer contract commercial / rate card / legal / business term inquiries on existing contracts.
- Establish regular communications with the key internal business partners, to ensure agreement and adoption of category strategies, on-going review of activities undertaken and maintenance of strong client service. Lead proactive Contract Renewal/ Expiry reviews, and re-source or amend per internal strategy.
- Accurate and continuous collection and reporting of projects managed, contracts concluded and their associated expenditure and financial impacts
Qualification:
- Minimum 8 to 10 years of experience in sourcing or procurement.
- Significant experience of procurement/ sourcing and contracting for Cloud Services.
- Understanding of how to analyse a category cost structure
- Strong negotiation and influencing skills, at same and higher level of organization.
- Experience or good understanding of electronic procurement/ sourcing tools (Ariba, Ivalua, PeopleSoft, etc.).
- Strong understanding of end-to-end Source/ Procure-to-Pay processes and tools.
- Experience working within a very strong compliance and regulatory culture, driving policies and procedures, both internally and externally.
- Strong risk and control culture and an understanding of Supplier Screening programs with the ability to evaluate and mitigate any associated potential business risk.
- Strong presentation skills, including experience using Excel pivot tables and PowerPoint to support analytical techniques and presentation of data.
- Ability to extract detailed procurement requirements from internal business stakeholders, and to translate business requirements into contract language.
- Ability to proactively identify material, unmitigated business or contract risks on a particular deal, to articulate effectively to stakeholders, and to find appropriate solutions.
- Tenacious and resilient approach. Skilled in building relationships; confident, firm, empowering and positive in his/her attitude towards people and of personal stature and reputation to ensure ready acceptance within the company and to create a favourable representation of the company department internally and to external parties.
- Collaborative style, including experience navigating through matrix organizational responsibilities, organizational change, and working across all global regions, global time zones and teams to elicit successful and collaborative approaches and solutions.
- Proactive, hands-on approach and strong organizational skills with capability to manage an increasing book of work over time and the ability to juggle multiple priorities and types of work
- Excellent English communication skills (verbal & written, incl. contracting) required
Sourced from foundit
Section · 02
Skills
Ivaluacloud servicespeoplesoftaribaProcurement
Section · Company
About HighRadius

Highradius
Software Product
3k+
employees
2006
20 years old
Hyderabad/Secunderabad, Telangana
India
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A premier provider of an Autonomous Finance Platform, optimizing financial processes for leading enterprises across various sectors.
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