Senior Buyer

5 - 8 years

7 - 10 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

As one of the world s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If youre looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
Job Description
Your Team
Our team is composed of experienced procurement professionals who are committed to delivering strategic sourcing solutions that align with organizational goals. We work collaboratively across departments finance, legal, operations, and technology to ensure procurement processes are efficient, compliant, and value-driven. With a strong focus on supplier relationships, digital transformation, and ESG integration, we aim to build resilient and forward-looking procurement capabilities.
Your Role
As a Senior Buyer , you will lead sourcing and procurement activities to support operational needs, ensuring compliance with policies and optimizing supplier relationships. You will manage the end-to-end procurement lifecycle from developing RFQs/RFPs, negotiating and executing contracts to overseeing purchase orders. Below are few key responsibilities:
  • Lead local sourcing activities and supplier negotiations to fulfil procurement needs for Invesco operations.
  • Collaborate with required teams to develop RFQs, RFIs, and RFPs in alignment with strategic sourcing objectives.
  • Assess contract renewal needs, conduct competitive bidding or renegotiations, and revise or terminate agreements as appropriate.
  • Stay well-versed in applicable policies and procedures, ensuring consistent enforcement and clear communication of guidelines.
  • Build and maintain strong relationships with key suppliers to ensure reliability and quality.
  • Ensuring to use accurate naming conventions, chronological documentation of master agreements and amendments, and proper storage within the contract management system.
  • Administer contract lifecycle activities, including signature coordination and accurate entry into the Contract Management System.
  • Serve as a liaison between suppliers and internal stakeholders to address pending requests, open purchase orders, and payment/invoice issues.
  • Manage purchase order processing as needed and partner with Accounts Payable to resolve any invoice-related discrepancies.
  • Collaborate with internal teams and P2P process owners to enhance procurement efficiency and effectiveness.
  • Review purchase requisitions in approval queue and issue standard purchase orders using the Oracle system.
  • Contribute to P2P-related initiatives and procurement-focused projects.
  • Communicate issue resolutions effectively, both verbally and in writing, with internal and external stakeholders.
  • Independently apply established procedures, policies, and standards with minimal supervision.
  • Support basic project management tasks as assigned.
The Experience You Bring
  • 5 to 8 years experience and demonstrated proficiency in ERP procurement transactions.
  • 3 to 4 years requisition-to-payment process experience.
  • 2 to 4 years tactical sourcing experience.
  • Experience with Continuous Improvement or Six Sigma methodology a plus.
  • Experience with Oracle transaction processing a plus.
  • Project management/CPM certification a plus.
Skills/Other Personal Attributes Required:
  • Proficiency with Microsoft Office and ERP systems (Oracle Procurement experience a plus).
  • Strong problem-solving skills.
  • Excellent organization and time management skills.
  • Excellent customer service skills.
  • Ability to communicate effectively with colleagues and staff at all levels.
Academic requirements
  • Bachelor s degree or equivalent qualification or ability to demonstrate equivalent academic caliber required.

Why Invesco
What s in it for you
Our benefit policy includes but not limited to:
  • Competitive Compensation
  • Flexible, Hybrid Work
  • 30 days Annual Leave + Public Holidays
  • Life Insurance
  • Retirement Planning
  • Group Personal Accident Insurance
  • Medical Insurance for Employee and Family
  • Annual Health Check-up
  • 26 weeks Maternity Leave
  • Paternal Leave
  • Adoption Leave
  • Near site Childcare Facility
  • Employee Assistance Program
  • Study Support
  • Employee Stock Purchase Plan
  • ESG Commitments and Goals
  • Business Resource Groups
  • Career Development Programs
  • Mentoring Programs
  • Invesco Cares
  • Dress for your Day

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