Reporting To: Director - Global Sourcing & Procurement

Shift: EMEA (1:30 pm - 10:30 pm IST) (India)

Job Summary

The Associate, Global Sourcing and Procurement is responsible for validating market data vendor invoices, ensuring charges align with contractual agreements, approved budgets, user inventories, and licensing terms. The role serves as the primary control point between Market Data Services, Finance, GSP, and vendors to ensure accurate payment processing, cost allocation, reporting, and audit-ready documentation.

Key Responsibilities

Invoice Validation & Processing
Review and validate vendor invoices against contracts, rate cards, and approved budgets.
Verify pricing, quantities, service periods, user counts, and allocations.
Investigate invoice discrepancies and coordinate with vendors for corrections or credits.
Process invoices through Concur and maintain supporting audit documentation.
Ensure compliance with prepaid expense and amortization policies.
Coordinate invoice approval workflows.

Reporting & Cost Allocation
Produce monthly, quarterly, and ad-hoc market data reports as needed.




Supporting Finance with maintaining budget tracking and cost allocation.
Reconcile vendor inventories against internal records on a quarterly basis.
Maintain accurate service costing, service tagging, and allocation data in Abacus.

Desired Skills & Experience
3 - 5 years of experience in market data operations, financial services operations, procurement, or vendor management.
Understanding of market data products, licensing models, and subscription management [will be part of training]
Experience validating invoices, budgets, and contract pricing.
Solid Excel and data reconciliation skills.
Experience with procurement, contract management, or invoice processing systems (e.g., Concur, Agiloft, Abacus).
Solid attention to detail and ability to maintain audit-quality documentation.

Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Associate, Global Sourcing And Procurement Mumbai
🏢 Russell Investments
📍 Mumbai