Procurement Manager

Procurement Manager

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we provide opportunities to help you reach your potential while helping our clients reach theirs.

Come join us in delivering better outcomes for our clients around the world!

Reporting to the Director within Enterprise Vendor Management, the Procurement Manager leads an offshore team responsible for day-to-day tactical procurement activities. The team ensures speed, compliance, and cost control across the organization while managing supplier onboarding, catalog enablement, tactical sourcing, purchase order execution, invoice exception resolution, and tactical contract management. This is a hands-on leadership role where success is measured by cycle time, accuracy, compliance, supplier performance, and stakeholder satisfaction.

Team members collaborate closely with stakeholders and legal partners to maintain high standards and deliver value.

Florida, Maryland, Massachusetts, and other East Coast locations may be considered. Hybrid or remote preferred.

• You will lead and coach an offshore team responsible for tactical procurement execution.
• You will oversee supplier onboarding, catalog enablement, and tactical sourcing activities.
• You will manage purchase order processing and invoice exception resolution.
• You will handle tactical contract management and ensure compliance with policies.
• You will run RFQs / RFPs and make award recommendations for low-to-mid complexity spend.

• You will set performance expectations, SLAs, and KPIs.
• You will drive standardization, process discipline, and continuous improvement initiatives.
• You will analyze procurement data and report KPIs to senior management for strategy development.
• You will lead initiatives to improve customer experience, automation, and Procure-to-Pay adoption.
• You will enforce global vendor management policies and procedures.

• You will act as escalation point for procurement, supplier, and stakeholder issues.
• You will collaborate with Legal, Risk, AP, and Compliance to resolve onboarding blockers.
• You will partner with business stakeholders to set expectations and drive value.
• You will manage supplier relationships at an operational level to ensure performance.

• Bachelor’s degree in accounting, finance, or related field, or combination of education and work experience.
• 7+ years’ procurement industry experience.
• Microsoft Office (advanced Excel with macros and PowerPoint skills), SharePoint.
• Experience with procurement concepts, processes, systems, tools.
• Experience in strategic sourcing (RFIs / RFPs) and contract review and negotiation.
• Demonstrated ability to lead projects independently and as part of a team.
• Works independently, requires minimal guidance.
• Player coach with initiative to deliver results.
• Solves complex problems; takes a new perspective.
• Proven people leadership and management skills.
• Results driven with attention to detail and the ability to move quickly while staying organized.
• Strong research, problem solving, and communication skills (verbal and written).
• Continuous improvement mindset.
• Contract management experience preferred.

• Understanding of procurement, finance and accounting principles, budgeting, and reconciliation.
• Experience with a Procurement system (i.e. Coupa or Ariba) a plus.
• Familiarity with contract lifecycle management (CLM) tools.
• Experience supporting indirect spend categories.
• Experience in a regulated industry or complex enterprise environment preferred.

Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and…