Business Management Analyst - Vendor and Financial Operations

Business Management Analyst

Role Purpose

This role will join the team responsible for overseeing the end‑to‑end management of external legal vendors and associated fees across LSEG. This role ensures robust financial control, timely processing of purchase orders and invoices, effective vendor relationships, and transparent reporting of spend. The ideal candidate will bring strong organisational skills, attention to detail, and the ability to navigate internal procurement, finance, and risk processes with confidence.

Key Responsibilities

Vendor Management

• Act as primary point of contact for a portfolio of external vendors (law firms, consultants).
• Oversee onboarding and due‑diligence processes in line with procurement and compliance standards.
• Monitor vendor performance and service delivery, escalating issues and coordinating remedial actions where required.
• Support contract renewals, rate reviews, and commercial discussions.

Purchase Order & Invoicing Management

• Create, manage, and track purchase orders in alignment with budget approvals and internal financial controls.
• Ensure accurate coding, timely submission, and seamless workflow with Finance and Accounts Payable.
• Reconcile invoices against contractual terms, fee schedules, and purchase orders; resolve discrepancies promptly.
• Maintain an organised audit trail of financial documents and approvals.

Financial Oversight & Reporting

• Track and forecast vendor spend, identifying variances, risks, and opportunities to optimise cost efficiency.
• Prepare regular reports for senior management, Finance, and Procurement, supporting transparency and effective decision‑making.
• Work with budget owners to ensure accurate accruals, re‑forecasts, and alignment to financial targets.

Process & Controls

• Champion best practices in vendor governance, spend management, and financial operations.
• Identify opportunities to streamline processes and improve efficiency.
• Ensure adherence to internal policies, audit requirements, and compliance standards.

Skills & Experience

Essential

• Experience in vendor management, procurement operations, financial administration, or business management.
• Strong understanding of purchase‑to‑pay processes.
• Excellent attention to detail and ability to maintain accuracy under time pressure.
• Strong communication and relationship‑building skills.
• Ability to work effectively with cross‑functional teams (Procurement, Finance, Legal, Compliance).
• Proficiency with financial systems (e.g., SAP, Ariba, Coupa) and Excel.

Desirable

• Experience managing legal, compliance, or professional services vendors.
• Familiarity with budgeting, accruals, or cost‑centre management.
• Experience within large, complex organisations.

What Success Looks Like

• Vendors are well‑managed with minimal escalations.
• Spend is accurate, predictable, and well‑controlled.
• PO and invoicing workflows run smoothly and efficiently.
• Stakeholders feel supported, informed, and confident in the process.
• Process improvements are proactively identified and implemented.

Career Stage:

Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

Experience Level

Senior Level