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Sourcing Systems Administrator

2 months ago

Greenwich, Connecticut, United States Interactive Brokers Full time
About Interactive Brokers

This is a hybrid role (three days in the office/two days remote).

Interactive Brokers Group has consistently led the way in trading innovation, beginning with the creation of the first handheld computer for floor trading in 1983. We take pride in being primarily a technology-driven organization that challenges conventional norms. Our commitment to pushing boundaries enables us to provide our clients with the most advanced trading platform, featuring sophisticated tools at the lowest possible cost. Software development is the core of our business, reflected in our exceptional brokerage platform. Interactive Brokers is frequently acknowledged as a leader in the financial services sector.

About Your Team:

Interactive Brokers is in search of a skilled Sourcing Systems Administrator to become part of the Procurement Strategy and Systems team. This team is dedicated to ensuring the ongoing reliability, performance, management, and support of Source-to-Pay procurement systems. The Strategy and Systems team is tasked with developing and overseeing Source-to-Pay (S2P) policies, processes, systems, and reporting for the entire Procurement organization. We are currently spearheading a digital transformation initiative in procurement, which includes upgrading our Source-to-Contract (S2C) platform and implementing a new Procure-to-Pay (P2P) solution. We seek the right individual to help achieve a successful outcome and provide continuous support and maintenance for these solutions.

Your Responsibilities at IBKR:
  • Provision roles and deliver initial training/content for all new users on the Source-to-Pay (S2P) platform.
  • Oversee S2P configuration, data maintenance/management, help desk support tickets, and ad-hoc assistance to the Procurement organization.
  • Assist with Source-to-Pay system upgrades and implementations, including User Acceptance Testing (UAT) and user training.
  • Develop and maintain dashboards, reports, and key performance indicators (KPIs) to monitor Procurement and system performance.
  • Configure monthly and quarterly dashboards and reports for various departments.
  • Build and support ongoing automation initiatives to guide decisions and actions that align with Procurement strategy.
  • Monitor and regularly report on the usage of Source-to-Pay tools and implement plans for enhancing tool usage/value.
  • Conduct regularly scheduled maintenance of the Source-to-Pay platform and requisite data elements.
  • Liaise with the Procurement team, Risk Groups, Legal, and business stakeholders to assess additions, removals, and changes of business objects (suppliers, users, items, accounts, etc.).
  • Evaluate implications of new software releases, configure accordingly, and support change management.
  • Deliver ad hoc requests, special projects, reporting, and status inquiries.
  • Document technologies, workflows, user stories, and processes.
Required Skills:
  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field, or equivalent work experience.
  • Five years of relevant experience in Procurement, Finance, IT, or related functions, with responsibilities as a system administrator with S2P technologies such as SAP/Ariba, Zycus, Coupa, iValua, GEP, etc. (iValua and GEP preferred).
  • Three years of experience maintaining system data, configuration, and integrations for SaaS/On-prem solutions with regular upgrades.
  • Familiarity with the procurement lifecycle, including supplier onboarding, sourcing, Third-Party Risk Management (TPRM), contracting, catalog management, and the PR/PO process.
  • Strong project management, business systems analysis, and reporting skills.
  • Ability to collaborate effectively with stakeholders and suppliers to accomplish daily tasks and drive issue resolution.
  • Technical configuration skills with basic knowledge of relational databases and SQL language.
  • Familiarity with managing integrated source-to-pay platforms.
  • Familiarity with SSO (Single Sign-On) multi-factor authentication tools.
  • Familiarity with ServiceNow and JIRA for tracking and completing system requests.
  • Familiarity with Confluence for policy and procedure publication.
To Succeed in This Role, You Will Need:
  • Self-motivation and the ability to handle tasks with minimal supervision.
  • Excellent analytical and problem-solving skills.
  • Outstanding collaboration and communication skills (both verbal and written).
  • Exceptional organizational and time management skills.
  • A strong technical aptitude and a demonstrated ability to quickly understand complex systems and technologies.
Company Benefits & Perks:
  • Competitive salary, annual performance-based bonus, and stock grant.
  • Retirement plan 401(k) with a competitive company match.
  • Excellent health and wellness benefits, including medical, dental, and vision benefits, along with a company-paid medical healthcare premium.
  • Wellness screenings and assessments, health coaches, and counseling services through an Employee Assistance Program (EAP).
  • Paid time off and a generous parental leave policy.
  • Daily company lunch allowance and a fully stocked kitchen with healthy options for breakfast and snacks.
  • Corporate events, including team outings, dinners, volunteer activities, and company sports teams.
  • Education reimbursement and learning opportunities.
  • Modern offices equipped with multi-monitor setups.
Company Overview:

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, recognized for our cutting-edge technology and commitment to clients.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds, and introducing brokers. Our advanced technology, competitive pricing, and global market access empower our clients to maximize their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.