Vendor Compliance Specialist (NVOR)

7 - 8 years

5 - 9 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Promptly review and action new vendor setup and vendor renewal requests initiated by business users by developing an understanding of services to be rendered by the vendor.
  • Validate the responses given by the business regarding the new vendor or renewal request.
  • Review and coordinate with the business for backup documentation before routing the request for approval.
  • Respond to queries and provide support to the requesters in respect to NVOR, Renewal and Purchasing process.
  • Adherence to vendor payment terms as per Rocket standard terms.
  • Coordinate for the vendor payment terms exception approval if required as per approval matrix.
  • Regularly monitoring progress of open requests and follow up with users if required documentation is not received.
  • Work closely with AP manager and AP/Finance Team to provide guidance and ensure prompt setup of vendors in Oracle.
  • Send closed vendor documentation to legal team on monthly basis.
  • Update, modify and maintain the process documentation (SOPs etc) in Rocket Intranet.
  • Perform the monthly control related tasks as assigned by manager.
  • Train requesters on new vendor or renewal request process
  • Automate and streamline the process as per requirements and process modifications.
Required Qualifications:
  • Preferably 7-8 years of experience in Vendor Master Management in global environment.
  • Sound verbal & written communication, stakeholder management, and problem-solving skills.
  • Having an eye for detail and ability to interact/adapt with changing requirements.
  • Basic understanding of Contracts, SOW, legal terms.
  • Proficiency in Microsoft Office - Excel, Word, PowerPoint and Outlook
  • Proficient interpersonal skills
  • Ability to multitask and manage time effectively.
  • Ability to build cross-functional relationships.
  • Have worked on reporting in Excel.

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