• Job Description

  Req#: 852296

  At Franklin Templeton, everything we do is focused on one thing – delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries. For more than 75 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

  What is the Procurement Analyst responsible for?

  • Reporting to the Manager within Enterprise Vendor Management Operations, the Senior Procurement Analyst plays a key role in fulfilling requests for goods/services from third party providers, facilitates the sourcing process by preparing and executing sourcing events, drafts/reviews contracts and administers the contract database, implements supplier catalogs and manages vendor relationships.

  What are the ongoing responsibilities of the Procurement Analyst?

  • Collaborates with Business Partners to drive value for the business, while maintaining high quality service standards

  • analyze key procurement data and create metrics in order to report results to Senior Management to be used in business plan and strategy development.

  • Manages and leverages vendor relationships to optimize agreements and contain cost.

  • Strong working knowledge of Coupa or similar Procure to Pay system.

  • Provide education, training, and support to internal clients on contracting, requisition processes, appropriate approvals, and use of procurement systems.

  • Resolve material quality problems at the time of receipt via exchanges, accept as is, or return to vendor. Research and resolve receiving issues reported.

  • Drives suppliers to adopt the self-service capability of the Procure to Pay application including registering to receive PO’s electronically and submit invoices electronically.

  • Reviews and processes purchase requests, purchase orders and purchase order change requests

  • Leads Request for Information (RFI), Request for Proposal (RFP) or Request for Quote (RFQ) including negotiations.

  • Performs contract administrative duties for ongoing contracts.

  • Drafts contracts, contract amendments, extensions, and terminations to ensure compliance with contract requirements.

  • Support programs within the Enterprise Vendor Management team to improve customer experience, increase automation, and enhance speed to market.

  • Enforces enterprise vendor management global policies and procedures.

  • Maintains a contract repository that provides historical information on the status of contracts.

  • Analyzes spend to identify opportunities to implement new catalogs automating the order process and maintains existing catalogs.

  What ideal qualifications, skills & experience would help someone to be successful?

  • Bachelor’s / Master’s degree in accounting, finance or related field, or equivalent combination of education and work experience

  • 5+ years’ procurement industry experience and/or financial services industry experience

  • Excellent English communication skills – both written and verbal

  • Solid knowledge of Microsoft Office (MS-Advance Excel with macros & PowerPoint Presentations skills) , SharePoint and SQL Knowledge

  • Demonstrated ability to complete projects independently and as part of a team

  • Works independently, receives minimal guidance;

  • Solves complex problems; takes a new perspective using existing solutions;

  • May lead small projects with manageable risks and resource requirements;

  • Results driven with attention to detail and the ability to move quickly while staying organized

  • Very strong research, problem solving, and communication skills (verbal and written)

  Additional Desirable Qualifications:

  • Understanding of business concepts, Procurement, finance & accounting principles, budgeting, reconciliation.

  • Experience with a Procurement systems (Coupa, Ariba) a plus.

  Job Level - Individual Contributor
  Work Shift Timings - 2:00 PM – 11:00 PM IST

  What makes Franklin Templeton Investments unique?

  In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

  Highlights of our benefits include:

  • Professional development growth opportunities through in-house classes and over 150 Web-based training courses
  • An educational assistance program to financially help employees seeking continuing education
  • Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee’s dependents (spouses, children and dependent parents)
  • Life insurance for protection of employees’ families
  • Personal accident insurance for protection of employees and their families
  • Personal loan assistance
  • Employee Stock Investment Plan (ESIP)

  “Location specific benefits” as mentioned below

  • Onsite fitness center, recreation center, and cafeteria
  • Cricket grounds and gymnasium
  • Library
  • Health Center with doctor availability
  • HDFC ATM on the campus

  Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at Franklin Templeton Careers to learn more about our company and our career opportunities.

  Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need a workplace arrangement to search for, or apply for, one of our positions please send an email to accommodations@franklintempleton.com . In your email, please include the arrangement you are requesting and the job title and job number you are applying for. We will review the request and make a best effort to enact the arrangement. It may take up to three business days to receive a response to your request. Please note that only requests for arrangements will receive a response.

• About the company

  Franklin Resources Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.

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