Senior Associate, Procure-to-Pay Operations & Asset Management

Oaktree Capital Management, L.P.; Hyderabad; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Oaktree Capital Management, L.P. in Hyderabad seeks a Senior Associate to lead Procurement Operations and asset management. You will own day‑to‑day P2P processes, maintain the asset register, and deliver analytics to measure performance.

This role is an individual contributor now and may scale to managing multiple reports. Strong execution, data quality, and process discipline are essential for effective service delivery in a global procurement environment.

Qualifications

• Bachelor’s degree in a related field or equivalent experience.
• 5–8 years of procurement-related experience in financial services or regulated environments.
• Experience running RFX and providing decision support to internal customers.

Responsibilities

• Lead Hyderabad Procurement Operations Center of Excellence and supervise Tier 1–Tier 2 tasks.
• Manage P2P operations: triage, coding validation, approvals, and match resolution.
• Maintain and reconcile the asset register; lifecycle tracking from acquisition to disposal.
• Administer procurement service catalogs in ServiceNow and drive data quality improvements.
• Produce ServiceNow reports on cycle time, spend patterns, and match exceptions.
• Collaborate with Sourcing Managers and Heads of Procurement to support category strategy.

Skills

Procurement operations

ServiceNow

P2P processes

Data analytics

Team leadership

ERP systems

Education

Bachelor’s degree

Tools

ServiceNow

Workday

Job description

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with more than$220 billionin assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate.The firm has more than 1,400 employees and offices in more than 25 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizingstrong supportfor our local communities through philanthropic initiativesareessential to our culture.

Foradditionalinformation, please visit Oaktree’s website at http://www.oaktreecapital.com/

The Senior Associate will spearhead the formation of a high-quality diversified service delivery model that enables Oaktree’s procurement maturity objectives. This anchor role in Hyderabad will join as an individual contributor and eventually transition into managing multiple direct reports with procurement-oriented responsibilities. The Senior Associate will be instrumental to establishing a follow‑the‑sun operating model ensuring global situational awareness to emerging procurement opportunities, task management and SLA-driven support to global Procurement Operations colleagues.

The Senior Associate, Procure-to-Pay Operations & Asset Management is the hands-on operational owner of the day-to-day procure-to-pay (P2P) process and the firm’s asset register. This is an individual contributor role. The Senior Associate guides the transactional process from intake through match resolution, owns the asset register, and provides the analytics and reporting that make the procurement operation measurable and controlled.

All requests for purchasing assistance and purchase orders enter through ServiceNow, which is the single intake channel the role operates against.

The role is the operational backbone that allows the Sourcing Managers to focus on strategy and sourcing. It suits an experienced procurement operations professional who is strong on execution, data quality, and analysis, and comfortable being the person who does the work and holds the standard.

Responsibilities include:

Supervise Personnel & Manage Hyderabad Procurement Operations

• Lead the establishment of Oaktree’s Procurement Operations Center of Excellence in Hyderabad in partnership with colleagues at Los Angeles Headquarters
• Train and retain a motivated team of individual contributors capable of supporting dynamic diverse tasking
• Directly contribute to development of tier-based task workflows to ensure timely and accountable service delivery
• Manage Tier 1 and Tier 2 service tasking for Procurement tasks – directly fulfill Tier 2 tasks and elevate to Tier 3 according to protocols for specialized or sensitive requests

P2P Operations

• Work the ServiceNow intake queue for purchasing and PO requests: triage, action, and track to completion across all purchasing patterns.
• Serve as PO Buyer. Validate that purchase orders carry correct coding and complete information before they route to the approval workflow.
• Steward approvals: when needed, route requisitions and POs to the correct cost-center and threshold approvers, ensuring approvals occur without acting as the spend approver.
• Resolve the three-way match: confirm that purchase order, receipt, and invoice reconcile. Review and clear match exceptions.

Asset Management

• Maintain the equipment asset register: tagging, recording, and lifecycle tracking from acquisition through transfer and disposal.
• Reconcile the asset register against purchasing receipts and records.
• Raise and resolve asset record exceptions to appropriate internal stakeholders.

Administration and Continuous Improvement

• Administer Procurement-related service catalogs in ServiceNow, processes and workflow tools to ensure efficient service delivery and data quality
• Consistently represent Procurement Operations in partnership with software platform owners, project managers, vendor partners and business Associates to drive improvement of service delivery and procurement technology
• Clearly define and maintain SLAs, performance metrics to SLAs and other reporting as required to keep management informed of service delivery performance while informing operational and strategic decision making
• Identify continuous improvement opportunities – articulate requirements for system/process enhancements and/or defects

Procurement Analytics and Reporting

• Produce ServiceNow reporting that highlights cycle time, intake volume, coding quality, and match exceptions.
• Monitor off-catalog and maverick-spend patterns and surface where a standard should be added to the catalog.
• Maintain data quality across the P2P process and the asset register.

Functional Support and Controls

• Provide coding-quality review and functional guidance to the Buyers. Help maintain consistent standards across the team’s work.
• Maintain the integrity of the P2P control environment day-to-day and elevate control gaps or process drift to the Head of Procurement.
• Identify process, cycle-time, and data-quality improvement opportunities.
• Partner and develop a rapport with Sourcing Managers and Operational Owners so transactional execution supports category strategy and demand.

Experience

• 5-8 Years of relevant procurement-related experience for a financial services institution or analogous regulated industry
• Specific experience running RFX and providing exceptional decision support to internal customers across a wide variety of vendor-provided products and services (software, hardware, consulting, etc.)
• Experience in a federated or multi-entity global procurement environment.
• Solid experience in global procurement operations, procure-to-pay, and buying operations. Including hands-on transactional execution and three-way match.
• Working knowledge of ERP-based Purchase Orders (Workday or analogous) and ticket-based intake (ServiceNow or analogous).
• 2-5 years of asset management experience

Education

• Bachelor’s degree required

Personal Attributes

• Outstanding individual initiative and self-starter
• Demonstrates non-linear thinking and have excellent written, verbal and interpersonal communication skills
• Thrives managing multiple competing tasks across disciplines
• Collaborates and leads with a strong sense of empathy, integrity and professionalism
• Strong analytical and reporting skills. Comfort working with spend and operational data.
• Strong attention to data quality, coding accuracy, and process discipline.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equalopportunityemployment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms,conditionsand privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.