for any queries call on- 9354498578

or

mail resume on- ap00841743@TechMahindra.com

Key Responsibilities

1. Procurement Operations MDS (60%)

• Manage end-to-end procurement cycle for market data, research subscriptions, and financial data services.
• Review and validate market data requests, renewals, cancellations, entitlements, and price changes.
• Coordinate with business stakeholders , vendors (Bloomberg, Refinitiv, ICE, S&P, etc.), and internal requestors to ensure optimal pricing and contract terms.
• Ensure contract compliance, price benchmarking, and monitoring of usage vs. subscribed services.
• Maintain catalogues, rate cards, and renewal calendars.
• Support RFx activities for vendor selection where applicable.
• Track and report savings, cost avoidance, and demand consolidation opportunities for market data spend.

2. Invoice Processing & Financial Controls (40%)

• Oversee end-to-end processing of MDS invoices (high-value, complex subscription invoices).
• Ensure 3-way match (PO?GRN?Invoice) and accuracy of entitlements before invoice posting.
• Resolve price mismatches, tax issues, missing PO, and duplicate invoices by coordinating with vendors and internal teams.
• Monitor aging, blocked invoices, and ensure SLA adherence for turnaround times.
• Work with AP teams to ensure timely vendor payments and month-end closing accuracy.
• Maintain audit-ready documentation and ensure compliance with SOX, internal controls, and corporate policies.
• Support reconciling accrued vs. unbilled items, annual true-ups, and financial tracking of MDS spend.

Leadership & Stakeholder Management

• Lead a team of 4?10 analysts/executives involved in procurement and AP activities.
• Coach team members, conduct performance reviews, and drive skill development.
• Serve as the operational point of contact for global stakeholders?procurement, finance, market data owners, vendor management, category managers.
• Escalation handling, risk identification, and proactive issue resolutions.

Thanks & Regards

Abhilasha pandit