Full-Time

Procurement Practice Associate

Posted on 8/9/2025

Accenture

Accenture

10,001+ employees

Global professional services and technology consulting

No salary listed

Noida, Uttar Pradesh, India

In Person

Category
Operations & Logistics (1)
Requirements
  • Any Graduation
Responsibilities
  • You will be part of a team of Global Sourcing and Procurement Service professionals where in you will be responsible for sourcing third party suppliers according to corporate policies and procedures.
  • You will thoroughly diagnose client business needs, collaborate with legal counsel, and support contract negotiations that maximize customer value while mitigating risk.
  • You will be drafting and negotiating SOWs, Change Orders and similar Contract documents which incorporate all negotiated business terms to assist legal counsel in drafting documents which appropriately document agreed upon business terms such as deliverables, pricing, SLAs, specifications, etc.
  • Contract management
  • Contract Negotiations & drafting
  • Global Sourcing & Procurement
  • Understand when & how to use a request for proposal (price and non-price factors) and RFQ (price only) and how to develop, execute and analyze the results.
  • Collect and analyze quantitative and qualitative information to assess, screen and select suppliers.
  • Close collaboration with client business stakeholders to secure a thorough understanding of client business needs for the supplier relationship.
  • Leading negotiation of business requirements and commercials for routine through complex vendor engagements
  • Collaborating with Category/Sourcing Managers on negotiation strategy
  • Performing in depth analysis of existing contracts or proposed contract amendments against client business needs, draw conclusions, prepare comprehensive summaries, and presenting back to the client in a concise manner
  • Coaching colleagues, transferring knowledge, and developing team members to be more effective in their current roles
  • Sourcing support for SOWs and contract execution
  • Facilitating risk due diligence and assessment
  • Drafting SOWs, Change Orders, Amendments, Work Orders, Schedules, etc.
  • Collaborating with legal counsel to support contract negotiations or use contract templates pre-approved by Legal
  • Ensuring all documentation meets the guidelines of supported category for contract execution.
Desired Qualifications
  • Ability to draft documents which describe negotiated and agreed upon business terms with third party vendors to assist legal counsel in drafting final vendor agreements
  • Comprehensive knowledge of typical corporate policies and procedures, coupled with ability to identify required improvement to established policies and to communicate implementation procedures to others
  • Expert knowledge of purchasing contracting concepts and processes, including deep understanding of contract business terms and working knowledge of contract legal terms.
  • Strong analytical, collaboration and communication skills
  • Use of independent judgment and creativity applied to resolution of contract issues
  • Excellent internal and external negotiation skills
  • Working knowledge of Indirect Sourcing with international Client
  • Spend Analysis
  • MS Excel Skills
  • Contract management
  • Contract Negotiations & drafting
  • Global Sourcing & Procurement

Accenture is a global professional services firm that helps companies navigate technology-driven change. It offers strategies and services across consulting, digital, technology, and operations, with a strong emphasis on cloud, artificial intelligence, security, and enterprise reinvention. Accenture works by delivering end-to-end solutions, combining advisory work with implementation, technology platforms, and managed services to transform how organizations operate and compete in today’s digital world. The company differentiates itself through its long history as a dedicated tech-advisory arm that gained independence in 2001, its scale, and its active acquisitions—particularly since 2013—to expand capabilities in digital, cloud, and security. Its goal is to help the world’s largest corporations rethink and reshape their operations to stay ahead of rapid technological shifts.

Company Size

10,001+

Company Stage

IPO

Headquarters

Dublin, Ireland

Founded

1989

Simplify Jobs

Simplify's Take

What believers are saying

  • NVIDIA Inception partnership accelerates AI startups to enterprise scale.
  • Google Cloud Gemini program delivers pre-built AI agents for clients.
  • Federal Services secures $5.3B VA and weather contracts through 2030.

What critics are saying

  • ServiceNow partnership embeds engineers, capturing Accenture's implementation work.
  • Google Cloud accesses Accenture's AI agents, commoditizing proprietary IP.
  • Portfolio startups compete directly, eroding core consulting revenues by 2028.

What makes Accenture unique

  • Accenture Ventures deploys 5 I’s of Innovation lifecycle for 50,000 startups.
  • Accenture Ventures manages $250M fund with 70+ AI, SaaS investments.
  • Accenture Ventures Tech Next Challenge spotlights Autonomous AI startups.

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Benefits

Health Insurance

Professional Development Budget

401(k) Retirement Plan

401(k) Company Match

Company News

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Accenture shares trade at lowest P/E since 2015 despite $117.75B market cap

Oakmark Fund highlighted Accenture in its first-quarter 2026 investor letter, identifying the professional services company as undervalued despite strong fundamentals. The fund outperformed the S&P 500 Index, returning -2.47% versus -4.33% for the index. Accenture, a global leader in consulting and IT services, is nearly three times larger than its next three public competitors combined. The company's top 300 clients spend over $100 million annually, and it is positioned to benefit from enterprise cloud transition and growing technology spending. Despite these strengths, Accenture trades at its lowest price-to-earnings multiple since 2015 due to AI disruption concerns. The stock closed at $191.95 on 13 April 2026, with a market capitalisation of $117.75 billion. Seventy-one hedge funds held positions in the company at the end of Q4.

Tech.eu
Apr 13th, 2026
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Accenture and Google Cloud have launched a Sovereign Centre in Brussels to help European governments and regulated sectors adopt AI whilst maintaining data control and regulatory compliance. The facility features Google Distributed Cloud air-gapped technology for organisations with strict sovereignty requirements. The centre enables organisations to design and validate AI solutions in secure environments, modernise legacy systems, and develop workforce skills. It provides a collaborative space for independent software vendors and partners to create proofs of concept and co-innovate on sovereign cloud applications. The launch follows growing European efforts to reduce dependence on non-European technology platforms. Recent initiatives include France's Visio videoconferencing tool and Germany's openDesk suite, whilst a coalition of European tech players recently launched Euro-Office as an open-source alternative to Microsoft's productivity suite.

Yahoo Finance
Apr 12th, 2026
UBS reaffirms buy on Accenture with $5.3B federal unit securing major VA and weather system contracts

Accenture Federal Services, a subsidiary of Accenture plc, has secured significant government contracts that strengthen the company's long-term growth prospects, according to UBS analyst Kevin McVeigh, who maintained a Buy rating with a $320 price target. AFS generated approximately $5.3 billion in fiscal year 2025, representing 8% of Accenture's total revenue. The unit recently won a 4.5-year contract with the US Department of Veterans Affairs to modernise electronic health records for over 9 million veterans, alongside a separate contract to upgrade the National Weather Service's weather system. McVeigh noted these multi-year contracts provide visibility as AFS recovers from recent budget pressures and government spending cuts. The subsidiary employs around 15,000 people and focuses on mission-critical technology solutions for US government agencies.

Surperformance
Apr 8th, 2026
Accenture acquires Spanish AI firm Keepler to scale data capabilities across EMEA

Accenture has acquired Keepler Data Tech, a Spanish cloud-native AI and data company founded in 2018, to expand its AI and data capabilities in Spain and beyond. Financial terms were not disclosed. Keepler offers end-to-end AI and data services, from strategy and cloud-native data foundations to advanced analytics and agentic AI deployment. The company focuses on industrialised delivery, ethics and compliance to help organisations modernise data architecture and implement DataOps and MLOps at scale. More than 240 Keepler professionals, including technical architects, data scientists and software engineers, will join Accenture. The company has offices in Madrid, London and Lisbon. The acquisition follows Accenture's recent purchases of AI companies including Faculty, Decho, RANGR Data, NeuraFlash and Halfspace as part of its ongoing investment in AI capabilities.

Yahoo Finance
Mar 26th, 2026
Accenture beats earnings for 4th quarter, stock positioned for AI-driven growth

Accenture has raised $120 million in a Series C round led by Ribbit Capital, valuing the company at $1.45 billion. Sequoia and Kleiner Perkins participated, with Emerson Collective joining as a new backer. The pre-revenue company is developing "Mathematical Superintelligence", focused on advanced reasoning that eliminates AI hallucinations by requiring outputs in Lean4 programming language for verification. Its Aristotle model achieved top performance at the International Mathematical Olympiad in July. Founded in 2023, Harmonic has raised $295 million across three rounds in 14 months. The company offers Aristotle via free API and plans to commercialise in safety-critical industries like aerospace and finance, where mistakes carry severe consequences.

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