Specialist, Procurement Operations

McDonald's Corporation; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

McDonald’s Corporation in Hyderabad is seeking a Specialist, Requisition to Invoice to support indirect procurement processes from requisition through final invoice. You will collaborate with internal stakeholders, ensure policy compliance, and manage discrepancies between invoices and purchase orders.

You will verify invoices against PO and receipts, maintain accurate records in Source-to-Pay, generate KPIs, and help drive process improvements while ensuring timely payments.

Qualifications

• Minimum Associate’s degree required.
• Relevant entry-level experience with or education in Procurement Global Process Ownership, Finance Processes, Continuous Improvement, or process improvement knowledge.
• Skills: Data Visualization & Reporting, Financial Acumen, Technical Aptitude, Compliance Management, Attention to Detail.

Responsibilities

• Work with internal stakeholders regarding Indirect requisition & invoice-related inquiries or disputes and communicate effectively to gather necessary information, clarify discrepancies, and facilitate resolution.
• Oversee the creation, review, and approval of requisitions, ensuring they meet procurement policies and budgetary constraints. Ensure the timely conversion of approved requisitions into purchase orders, aligning them with supplier agreements and organizational needs.
• Track and report on KPIs related to the requisition-to-invoice cycle, such as cycle time, compliance rates, and discrepancies. Provide insights to management for continuous improvement.
• Review and verify Indirect supplier invoices against purchase orders and receipts to ensure accuracy before Finance processes them
• Resolve discrepancies between Indirect invoices, purchase orders, and receiving reports in a timely manner.
• Work with suppliers to ensure timely and accurate intake of Indirect purchase requisitions, purchase orders, goods receipts, and invoices
• Maintain accurate records of Indirect requisitions, purchase orders, and invoices in the Source-to-Pay solution

Skills

Data Visualization

Financial Acumen

Technical Aptitude

Compliance Management

Attention to Detail

Education

Associate degree

Job description

About McDonald’s:

One of the world’s largest employers with locations in more than 100 countries, McDonald’s Corporation has corporate opportunities in Hyderabad. Our global offices serve as dynamic innovation and operations hubs, designed to expand McDonald's global talent base and in-house expertise. Our new office in Hyderabad will bring together knowledge across business, technology, analytics, and AI, accelerating our ability to deliver impactful solutions for the business and our customers across the globe.

Department Overview

McDonald’s currently has an exciting opportunity for a talented and experienced Specialist, Requisition to Invoice. This role presents an exceptional career opportunity to be a part of this journey as the Requisition to Invoice Support Role. The role is responsible for assisting and managing the entire process that spans from the initial requisition to the final invoice processing, ensuring that all procurement activities are completed accurately, efficiently, and in compliance with company policies (for Indirect spend).

Key responsibilities will include management of discrepancies that arise between invoices and purchase orders, working to investigate and resolve these issues, escalating them as necessary to the appropriate departments. They also assist in maintaining accurate records, tracking the status of requisitions and invoices, and ensuring that payments are processed in a timely manner. Additionally, the role may involve generating reports to monitor the efficiency of the requisition-to-invoice process and identifying opportunities for improvement.

Duties

• Work with internal stakeholders regarding Indirect requisition & invoice-related inquiries or disputes and communicate effectively to gather necessary information, clarify discrepancies, and facilitate resolution
• Oversee the creation, review, and approval of requisitions, ensuring they meet procurement policies and budgetary constraints. Ensure the timely conversion of approved requisitions into purchase orders, aligning them with supplier agreements and organizational needs.
• Track and report on key performance indicators (KPIs) related to the requisition-to-invoice cycle, such as cycle time, compliance rates, and discrepancies. Provide insights to management for continuous improvement.
• Review and verify Indirect supplier invoices against purchase orders and receipts to ensure accuracy before Finance processes them
• Resolve discrepancies between Indirect invoices, purchase orders, and receiving reports in a timely manner.
• Work with suppliers to ensure timely and accurate intake of Indirect purchase requisitions, purchase orders, goods receipts, and invoices
• Maintain accurate records of Indirect requisitions, purchase orders, and invoices in the Source-to-Pay solution

Qualifications

• Minimum Associate’s degreerequired
• Relevant entry-level experience with or education in Procurement Global Process Ownership, Finance Processes, Continuous Improvement, or process improvement knowledge
• Skills: Data Visualization & Reporting, Financial Acumen, Technical Aptitude, Compliance Management, Attention to Detail

McDonald’s is the world’s leading global foodservice retailer with over 40,000 locations in over 100 countries. Approximately 95% of McDonald’s restaurants worldwide are owned and operated by independent local business owners. At McDonald’s, we lead through our values centered on inclusivity, service, integrity, community, and family. Here is your chance to get in on something special as we grow our corporate team in India and allow you to grow your career.