Enfusion, a Clearwater Analytics company

Procurement Specialist

Posted 2 Hours Ago

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Block Noida Authority Office, Sector 6, Gautam Buddha Nagar, Uttar Pradesh

Hybrid

Mid level

Fintech • Software • Financial Services

The Role

The Procurement Specialist will manage the procurement process, including sourcing, negotiating, purchasing materials, and maintaining supplier relationships.

Summary Generated by Built In

Procurement Specialist Job Summary: The Procurement Specialist will play a crucial role in managing the procurement process for our organization. This individual will be responsible for sourcing, negotiating, and purchasing materials, supplies, and services that meet the organization's requirements. The ideal candidate will possess strong analytical skills, attention to detail, and an ability to build relationships with vendors and stakeholders.Key Responsibilities:

Develop and implement procurement strategies that align with the organization’s goals and objectives.
Manage the end-to-end procurement process, including sourcing, evaluation, negotiation, and award of contracts to suppliers.
Conduct market research to identify potential suppliers and evaluate existing ones for performance, cost, and quality.
Prepare and issue requests for proposals (RFPs), requests for quotations (RFQs), and other procurement documentation.
Analyze supplier performance and manage relationships to ensure adherence to contracts and service level agreements.
Collaborate with various departments to identify procurement needs and develop specifications for goods and services.
Monitor inventory levels and establish reorder points to maintain appropriate stock levels.
Maintain accurate records of purchases, pricing, and other procurement data.
Ensure compliance with organizational policies, procedures, and relevant regulations in the procurement process.
Assist in budget development and management related to procurement activities.
Participate in training and development of staff on procurement policies and procedures.

Qualifications:

Bachelor’s degree in business, Supply Chain Management, or a related field.
3+ years of experience in procurement, purchasing, or supply chain management.
Strong negotiation, communication, and interpersonal skills.
Proficiency in procurement software and Microsoft Office Suite (Excel, Word, PowerPoint).
Knowledge of supply chain management principles and practices.
Excellent analytical and problem-solving abilities.
Ability to work independently and collaboratively in a fast-paced environment.
Familiarity with contract management and vendor relationship management.

Top Skills

Microsoft Office Suite

Procurement Software

What the Team is Saying

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The Company

HQ: Chicago, IL

1,100 Employees

Year Founded: 1997

What We Do

Enfusion, a Clearwater Analytics company (NYSE: CWAN), helps investment managers solve their most pressing challenges by approaching innovation from a fundamentally different perspective. Our cloud-native, multi-tenant architecture powers continuous innovation, non-disruptive upgrades, and unmatched speed to market for institutional investors. We empower them to see clearly—so they can act with confidence.

From hedge funds to asset managers, we support firms in streamlining operations and scaling efficiently, so they can remain focused on performance and strategy. Our global team supports over 14,500 investment managers across nine global offices on four continents.

Follow Clearwater (https://builtin.com/company/clearwater-analytics) to stay informed on how we’re driving the future of investment technology—together.

Why Work With Us

Enfusion is your opportunity to pursue your passion, showcase and further develop your skills, and launch a meaningful and rewarding career. Our environment is collaborative and entrepreneurial. We’re self-starters who work together to solve challenges and propel our mission forward. Enfusion is where your future meets the future of finance.