Contracting and Procurement Specialist

Location - Open to locations across PAN India

About the role

The candidate will be responsible for supporting the development and execution of the category plans for the assigned high value/high complexity and high risk category/categories (for example Application Development and Application Maintenance (ADAM), Technology, Professional Services and Business Process Outsourcing, and Contingent Labor). This role also leads the contractual and commercial negotiations with third parties on medium complexity/medium risk transactions and supports the negotiations on high value/high complexity/high risk transactions for the assigned category/categories.

Responsibilities

• Driving a competitive commercial edge in contractual arrangements with suppliers
• Delivering on annual procurement savings targets
• Clearly defining and managing the recharge mechanisms
• Supports the development of the category strategies and annual category plans for assigned high value/high complexity/high risk category/categories (Technology, Application Development and Application Maintenance (ADAM), Professional Services and Business Process Outsourcing, and Contingent Labor)
• Analyzes and prepares reports on the supply market for products/services within assigned categories
• Analyzes and prepares reports on key stakeholder needs and priorities
• Researches innovative or emerging procurement processes
• Researches and consolidates procurement activities, and identifies potential opportunities and risks
• Supports stakeholder demand planning and reporting activities for assigned category/categories
• Modifies category plans based on any unforeseen circumstances/ new stakeholder requirements identified
• Supports the execution and delivery of approved category plans for assigned category/categories
• Analyzes and monitors buying channel options to ensure that the right, value-added channels are used for the different types of spend
• Recommends supplier segmentation based on optimal alignment with business requirements
• Monitors and updates preferred supplier lists
• Monitors plans and resolves issues or escalates to the Senior Manager, Global Procurement
• Leads all aspects of the sourcing and contractual and commercial negotiations with third parties for assigned requests
• Gathers detailed requirements
• Develops sourcing strategies and obtains approval from the appropriate governance forums
• Establishes supplier selection criteria, metrics and measures based on business needs
• Partners with stakeholders to source and select suppliers
• Provides the analysis and response to the commercial proposal from suppliers
• Negotiates contractual terms and conditions, detailed statements of work, pricing, service levels, and executes agreements
• Engages subject matter experts and/or individuals who can best influence the outcome of supplier negotiations
• Addresses the requirements of the various stakeholders, balancing the business need, the commercial value and risk mitigation
• Delivers on annual procurement savings targets
• Supports the Senior Manager, Global Procurement in the sourcing, contractual and commercial negotiation activities with third parties for high risk transactions within assigned category/categories
• Provides ongoing support for procurement activities for assigned category/categories
• Ensures Global Procurement systems, and the data contained therein, are accurate and current at all times
• Escalates risk and stakeholder issues in a timely and proactive manner
• Assists in negotiations with products/services
• Provides advice and counsel on procurement services provided by Global Procurement
• Provides advice and counsel to Buyers in Global Procurement Operational Sourcing on how to operationalize and execute against the Category Strategy
• Participates in Global Procurements continuous improvement program by identifying opportunities to improve effectiveness and/or better align to stakeholder needs
• Maintains subject matter expertise in assigned category/categories
• Researches latest trends and best practices
• Monitors relevant legislation and regulatory requirements
• Participates in internal and external forums to build capability, establish a network of experts, Identify emerging trends and best practices for potential implementation

Qualifications

• Education and Training: University/ College 4Yrs Law background preferred
• Certified Procurement professional qualifications are desirable. For example: (CSCP), (CPIM), (APICS), (CPSM), (ISM), The SCPro from (CSCMP), The Complete Skilled Negotiator

Required Skills

• Be reasonably experienced (at least 3-5 years) in assigned category/categories (all aspects of Services Procurement for example Technology, Application Development and Application Maintenance (ADAM), Professional Services and Business Process Outsourcing, and Contingent Labor)
• Understand supplier management (managing technical, schedule, commercial, and terms and conditions compliance)
• Have knowledge of sourcing and procurement principles and best practices
• Have sound commercial and contractual acumen - Be able to draft and negotiate strong contracts

COMPENSATION

Compensation is competitive with industry standards

Details of the compensation breakup will be shared with short-listed candidates only

Driving a culture of recognition through ENCORE our quarterly rewards and recognition program

Comprehensive medical insurance coverage for staff and family

Expansive general and accidental coverage for staff

Executive Health checkup (Manager & above, and for staff above the age of 30)

Les Concierge desk

Internal & Global mobility

Various other people friendly initiatives

Strong commitment to our Values such as CSR initiatives

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential KPMG Advisory Services is for you!