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

Oaktree is a leader among global investment managers specializing in alternative investments, with more than   $220 billion   in 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 emphasizing   strong support   for our local communities through philanthropic initiatives   are   essential to our culture.     For   additional   information, 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 escalate 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