Associate Manager | Procurement

This job is with Invesco, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

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 you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Job Description Key Responsibilities / Duties :

• 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.
• Promote procurement's strategic value across departments, encouraging early involvement in budgeting and project planning.
• 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.
• Work closely with finance, operations, legal, and other departments to align procurement strategies with business objectives.
• Assist in driving digital procurement transformation and managing organizational change in partnership with cross-functional teams.
• Serve as the primary liaison for procurement-related internal and external audits, ensuring documentation and compliance readiness.
• 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.
• Track service level agreements (SLAs) and escalate issues when vendors fail to meet contractual obligations.
• 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.
• Identify and implement process enhancements to increase efficiency, transparency, and cost savings across procurement functions.
• Guide and mentor a team of procurement professionals, ensuring alignment with compliance, cost-efficiency, and strategic sourcing goals.
• Stay informed on market trends, supplier risks, and technological advancements to support resilient and forward-looking procurement decisions.
• Integrate environmental, social, and governance (ESG) criteria into supplier selection and procurement policies

Working Conditions :

Normally works a regular schedule of hours, however, hours may vary depending upon the project or assignment.

Work with colleagues in different time zones and countries

Sporadic travel to other Invesco offices may apply.

Qualifications - External

Work Experience / Knowledge :

9 to 11 years' experience and demonstrated proficiency in ERP procurement transactions.

4 to 6 years requisition-to-payment process experience.

2 to 6 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.

Formal Education :

Bachelor's degree or equivalent qualification or ability to demonstrate equivalent academic caliber required.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

No Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.

Why Invesco

In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other's identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.

We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).

What's in it for you?

As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.

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

In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.

To know more about us

About Invesco : https : / / www.invesco.com / corporate / en / home.html

About our Culture : https : / / www.invesco.com / corporate / en / about-us / our-culture.html

About our D&I policy : https : / / www.invesco.com / corporate / en / our-commitments / diversity-and-inclusion.html

About our CR program : https : / / www.invesco.com / corporate / en / our-commitments / corporate-responsibility.html

Apply for the role @ Invesco Careers : https : / / careers.invesco.com / india /

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