Business Analyst - Sr Associate

We Are:

At Synopsys, we drive the innovations that shape the way we live and connect. Our technology is central to the Era of Pervasive Intelligence, from self-driving cars to learning machines. We lead in chip design, verification, and IP integration, empowering the creation of high-performance silicon chips and software content. Join us to transform the future through continuous technological innovation.

You Are:

You are a meticulous and detail-oriented individual with a passion for precision in procurement processes. With a strong background in IT procurement, you have a proven track record of managing vendor relationships and ensuring cost-effective purchases. Your expertise in vendor management and data entry skills enable you to track every order and payment efficiently. You thrive in a collaborative environment, working closely with IT Managers to streamline purchasing workflows and support critical business objectives. Your ability to research vendors, negotiate the best prices, and handle invoicing processes with meticulous attention to detail sets you apart. You are comfortable using Service Now to track operations and are committed to continuous improvement initiatives for leaner working processes and practices. With a bachelor's degree and over two years of experience, you are ready to take on the challenge of overseeing the IT procurement operation at Synopsys.

What You’ll Be Doing:

• Coordinate and execute comprehensive procurement processes with precision, maintaining strict adherence to organizational policies and financial guidelines.
• Collaborate closely with IT Managers to streamline purchasing workflows and support critical business objectives.
• Work with vendors to get the best price and quote, submit purchase orders, and handle the invoicing process.
• Track every order and payment accurately, ensuring timely execution and documentation.
• Lead contractual processes with vendors and participate in company improvement initiatives.
• Develop negotiation strategies for the procurement of CAPEX equipment and maintain real-time digital trackers.

The Impact You Will Have:

• Ensure cost-effective procurement processes, contributing to the overall financial health of Synopsys.
• Streamline purchasing workflows, enhancing operational efficiency and productivity.
• Foster strong vendor relationships, ensuring the best prices and timely deliveries.
• Maintain accurate and transparent documentation, providing accountability and clarity.
• Support continuous improvement initiatives, driving innovation and leaner processes.
• Deliver timely and efficient resolution of internal customer requests, consistently meeting committed timelines.

What You’ll Need:

• Bachelor's degree in BE/BA/BCOM or related field.
• Proven experience in procurement, operations, or vendor management.
• Strong analytical and organizational skills.
• Advanced proficiency in Microsoft Office and procurement tracking software.
• Excellent communication abilities across multiple stakeholder levels.

Who You Are:

• Detail-oriented with a high level of accuracy in your work.
• Collaborative and able to work effectively in a team environment.
• Proactive in identifying opportunities for improvement and driving change.
• Strong negotiator with the ability to build and maintain vendor relationships.
• Efficient in managing multiple tasks and meeting deadlines.

The Team You’ll Be A Part Of:

You will be part of a dynamic and dedicated team focused on optimizing IT procurement processes and supporting the company's strategic objectives. The team works collaboratively to ensure seamless procurement operations, fostering innovation and efficiency.

Rewards and Benefits:

We offer a comprehensive range of health, wellness, and financial benefits to cater to your needs. Our total rewards include both monetary and non-monetary offerings. Your recruiter will provide more details about the salary range and benefits during the hiring process.