Associate Sr Associate Procurement

Hiring: Procurement Operations Lead, Procurement Professional (Mumbai): 3–7 Years | US Geography Experience Required

Location: Mumbai

Department: Procurement

Experience: 3–7 years

Type: Full-time

Function: Procurement, Vendor Management

About Cerberus Capital Management

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $66 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.

About The Role

We are looking for a Procurement professional to join our team in Mumbai. The ideal candidate has strong analytical sourcing skills seeking to support a financial services procurement operations organization through data‑driven sourcing strategies, contract governance, and supplier optimization, with direct exposure to the Global Head of Procurement & Sourcing.

Key Responsibilities

• Strategy Development & Execution Excellence
• Support the end‑to‑end Source‑to‑Pay (S2P) lifecycle for indirect procurement, including sourcing strategy development, supplier negotiations, contract management, and supplier relationship management, within a financial services environment.
• Execute sourcing initiatives including market analysis, RFP/RFQ execution, commercial negotiations, contracting, and stakeholder alignment.
• Develop and support category strategies across key indirect spend areas such as professional services, financial and market data services, IT software and SaaS, HR benefits and corporate subscriptions.
• Partner with internal stakeholders to assess demand and ensure timely, compliant procurement of indirect goods and services.
• Support category management and leadership reporting by developing and maintaining supplier data, spend analysis, and performance insights.
• Manage procurement operational activities, including purchase order creation, approval workflows, invoice reconciliation, and issue resolution.
• Contribute to the standardization of procurement processes, templates, and governance across indirect spend categories.
• Continuous Improvement
• Team & Self Development
• Ensure adherence to company policies, legal requirements, and regulatory standards, including third‑party risk and contractual compliance.
• Support ethical sourcing and responsible procurement practices consistent with financial services standards.
• Maintain a high level of professionalism and continuously build procurement, financial, and commercial acumen in support of team and organizational objectives.
• Support the implementation and adoption of procure‑to‑pay (P2P) tools and processes to enhance efficiency, transparency, and internal controls.
• Track, analyze, and report on procurement metrics related to savings, compliance, contract coverage, and supplier performance, with a focus on continuous process improvement.
  
  
Required Skills & Competencies

• Technical Skills
• Working knowledge of ERP, CLM, or Procure‑to‑Pay (P2P) tools (e.g., Coupa, Ariba, Ivalua, Zip, or similar) preferred.
• Strong proficiency in Microsoft Excel (pivot tables, formulas, analysis); exposure to Power BI or other reporting tools is a plus.
• Comfortable working with data to support spend analysis, supplier tracking, and management reporting.
• Exposure to AI‑enabled tools or automation within procurement or analytics environments is beneficial but not mandatory.
• Soft Skills
• Solid communication and coordination skills, with the ability to work effectively across teams and regions.
• Organized, detail‑oriented, and able to manage multiple priorities in a fast‑paced environment.
• Proactive learner with a strong sense of ownership and accountability.
• Collaborative team player with the flexibility to support evolving business needs.
• Core Competencies
• Indirect Sourcing & Procurement Operations
• Supplier & Contract Support
• Stakeholder Coordination
• Analytical Thinking & Data Interpretation
• Commercial Awareness
• Compliance & Process Discipline
• Time & Priority Management
• Clear Written & Verbal Communication
  

• Education
• Bachelor’s degree in supply chain management, Business Administration, Economics, or a related field.
• Relevant Experience
• 3–7 years of experience (Analyst / Sr. Analyst range) in indirect procurement, sourcing, or supply chain operations, supporting category initiatives and day‑to‑day procurement execution.
• Hands‑on experience supporting strategic sourcing activities, including spend analysis, RFP/RFQ execution, supplier evaluations, contract support, and negotiation assistance.
• Exposure to indirect spend categories such as professional services, IT software/SaaS, financial or market data services, corporate subscriptions, HR services, or facilities‑related spend.
• Experience working with cross‑functional stakeholders (finance, IT, legal, HR, operations) to gather requirements, support sourcing decisions, and ensure timely procurement.
• Familiarity with procurement processes and controls within regulated or structured environments such as financial services is preferred
• Demonstrated ability to support cost‑saving initiatives, supplier performance tracking, and compliance reporting under manager or category lead guidance.
• Experience supporting procurement reporting, spend dashboards, and supplier data management.