Procurement Buyer

Posted 2 Days Ago
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Chennai, Tamil Nadu
Entry level
HR Tech • Payments • Software • Financial Services
The Role
The Procurement Buyer at EQ will manage procurement operations, providing helpdesk services and handling purchase requisitions. The role includes maintaining supplier catalogs, supporting compliance activities, performing spend analytics, and managing supplier onboarding processes. Strong communication and a team-oriented approach are essential for success in this position.
Summary Generated by Built In

Management Level

H

About EQ

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries. EQ's vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services.

EQ India provides Information Technology Services, BPO, Marketing, Sales Support, People Services & Finance Shared services support to various EQ Group companies and clients of EQ. EQ India has 1300 employees- operating out of capability centres in Bangalore and Chennai.

There has never been a better time to join EQ

Business Unit: Group Procurement

Job Title : Procurement Buyer

Reporting to Procurement Manager

Location: India – Chennai

Role Summary

Reporting to the Procurement Manager, this role will be responsible for procurement operations activity within EQ.

Proactiveness, self-drive, determination, and a positive attitude and behaviours are requirement of this role, as is a target orientated individual.

The Procurement Buyer role is responsible for delivering best practice operational processes and practices by utilising technology and following EQ policies and procedures. The jobholder will seek continuous improvement in all activities performed, working under the instruction and closely with the Procurement Operations Manager.

The role holder will deliver excellent customer service, truly understanding the business need and any issues raised by internal stakeholders, seeking speedy and effective solutions.

Developing strong working relationships with all members of the Procurement Team and being flexible in approach and tasks required for the betterment of the team (and its desired outcomes) is a key aspect of this role.

Core Duties/Responsibilities

The successful candidate will be responsible for the following:

  • Providing helpdesk services (via phone, email and systems like ServiceNow) to support front line business with procurement enquiries or problems, resolving issues.
  • Managing centralised requisition and purchase order processes (front end P2P services), including providing an order on behalf of service for key stakeholders.
  • Undertaking compliance to business led sourcing activity (in line with Policy)
  • Creating, updating and maintaining supplier catalogues on Workday to ensure a great end user ordering experience.
  • Performing system contract management and database admin (including milestones/flags/client dependencies)
  • Producing procurement management information (performance, compliance etc.) to the Procurement Team and the business, via a range of sophisticated dashboards
  • Performing spend analytics to uncover insights for the Procurement Team and EQ businesses
  • Producing market intelligence reports for the Procurement Team 
  • Managing the supplier onboarding and due diligence process (issue, follow up and close) in line with policy.

Skills, Knowledge & Experience

The successful candidate will demonstrate the following experience, skills and behaviours:

  • Proactiveness, self-drive, determination, and a positivity
  • Team player, with the capability to lead and motivate peers across the organisation.
  • A track record of achieving targets and results.
  • A desire to provide best in class customer service.
  • 3 to 5 years’ experience in procurement operations or related activity 
  • Strong grounding in procurement operations processes and practices
  • Understanding of procurement processes and systems, including P2P, strategic sourcing and supplier relationship and risk management practices
  • Experience in supporting the development of process and systems in procurement.
  • Strong data and analytical skills, comfortable using fact-based analysis to support business decision making.
  • Excellent data and information presentation skills
  • Excellent interpersonal skills, with the capability to “sell” procurement and understand and win over sceptical stakeholders.
  • Industry experience, potentially including financial services background. 
  • Capacity to engage with strategic issues and work alongside stakeholders to develop pragmatic plans of action which are aligned with their business needs.

Benefits:

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

  • 31 days + 9 bank holidays (UK)
  • Comprehensive Medical Assurance cover
  • Two-way cab transport for staff working in UK & US shift
  • Maternity leave of 6 months full pay, 10days paid paternity leave
  • Accidental & Life cover 3 times of concerned CTC

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.

The Company
Chennai
4,092 Employees
On-site Workplace

What We Do

Our people and platforms engage customers with investments, connect businesses with markets, and enable organisations to grow.

Our vision is to be a leading global share registrar and transfer agent, offering complementary services in pensions and remediation, to help our customers succeed.

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