Source to Contract Specialist

3 - 7 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

About the Role: As a Source to Contract Specialist at LSEG (London Stock Exchange Group) located in India, you will be a crucial member of the Group Procurement Center of Excellence (CoE) team. Your primary responsibility will be to facilitate upstream source-to-contract processes utilizing SAP Ariba and Oracle Fusion platforms. This involves overseeing procurement activities such as contract management, sourcing, RFP management, and ensuring compliance and reporting requirements are met. Working closely with the GP-CoE Manager, you will focus on contract management processes, collaborating with category managers to review and store signed contracts securely in the repository. Your role will involve populating metadata information in the Ariba/Oracle platform to ensure efficient execution of procurement activities. Key Responsibilities: - Manage third-party supplier engagements to drive high performance and sustainable value from supplier relationships - Provide support in contract creation, administration, quality checks, metadata tagging, repository management, and other sourcing activities - Generate and analyze contract reports to identify trends and areas for improvement - Collaborate with internal teams and partners to resolve complex contract issues - Support upstream applications and implementation of cloud procurement projects - Ensure compliance with organizational policies and regulatory procedures related to contract management - Contribute to enhancing Group Procurement's source-to-contract and third-party risk management approach - Manage service delivery to complete contract management activities, including analysis, metadata tagging, quality assurance, and reporting - Support the wider Group Procurement team in defining and implementing Strategy & Performance processes Requirements: - Bachelor's degree in Business Administration, Law, Sourcing Management, Procurement Process Management, or related field - 3-5 years of experience in contract management, sourcing, and auction management - Experience with contract management systems such as Ariba and Oracle (desirable) - Proficiency in reporting tools like PowerBI and automation tools like Power Automate and Power Apps (preferred) - Strong presentation and client engagement skills - Ability to manage multiple priorities effectively and deliver results - Positive attitude, proactive approach, and ability to take ownership of tasks - Good communication skills and ability to work collaboratively - Cooperative nature and a team player Join us at LSEG and be part of a diverse and inclusive culture where your individuality is valued. We are committed to sustainability and driving economic growth, and your role will contribute to re-engineering the financial ecosystem towards a more sustainable future. Experience the dynamic environment of a global organization and be part of our mission to achieve growth while supporting inclusive economic opportunities.,

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