India, Hyderabad, India
1 day ago
Senior Specialist Procurement

FactSet is a leader in providing research and analytical tools to finance professionals. FactSet offers instant access to accurate financial data and analytics around the world. FactSet clients combine hundreds of databases from industry-leading suppliers into a single powerful information system.

The Senior Specialist, Vendor Management is responsible for managing our vendor relationships, constantly optimizing our contract portfolio and the procurement process, coordinating collaboration with internal stakeholders (engineering teams, legal, etc.), and providing procurement performance, cost allocation, and budget reports.

This position is located in the Global Procurement department. Global Procurement is responsible for purchasing hardware, software, and services for FactSet worldwide. We manage large parts of FactSet’s technology budget and act as a service center for other teams/departments

Responsibilities:

Manage commercial relationships with our vendors

Process purchase requisitions and POs

Support planning and administration of FactSet’s budget

Analyze and optimize our contract portfolio

Work with the requesting teams to ensure high-quality service delivery

Meet corporate cost reduction goals which will include enforcing demand management, while achieving corporate objectives related to supplier diversity and sustainability

Required Skills:

Good understanding of data center technology and related services

Clear analysis of business cases and ability to communicate/present them

Experience in contract management

Strong MS Office skills, especially Excel

Qualifications:

Bachelor's degree3- 5 years of experience in procurementDemonstrated capacity to be coachable, take feedback, and incorporate it into your role

Highly Desired:

Presentation skills

Good understanding of Finance

Ability to work independently and team-oriented

Experience with procurement systems (Workday, iProcurement, or similar) is a plus

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