Senior Procurement Specialist

3 weeks ago


New Delhi, India Deluxe Full time

Job Description: Procurement & Vendor Master (Senior Associate)Position Title: • Senior Associate – Procurement & Vendor MasterExperience Required: • Senior Associate: 5+ yearsRole Overview: The role involves end-to-end responsibility for managing vendor master data, procurement operations, and ensuring compliance with internal policies and audit requirements. The Associate/Senior Associate will work closely with business units, accounts payable to maintain accurate vendor records, support purchase requisition (PR) and purchase order (PO) processes, and enable smooth invoice processing.Key Responsibilities: Vendor Master Management: • Create, update, and maintain vendor master data in ERP systems (e.g., SAP). • Validate vendor onboarding requests against company policies and compliance requirements (KYC, tax documents, banking details). • Ensure accuracy, completeness, and audit readiness of vendor records. • Conduct periodic vendor master data cleansing and duplicate checks.Procurement Operations: • Support end-to-end procurement processes: PR to PO cycle. • Liaise with business users to ensure correct and timely PO creation. • Review vendor contracts, pricing agreements, and payment terms for compliance. • Monitor open POs and follow up for timely GR (Goods Receipt) / service confirmation.Process & Compliance: • Ensure adherence to SOX, audit, and internal control requirements. • Support in vendor due diligence and risk assessment. • Document and update SOPs for vendor onboarding and procurement processes. • Drive process improvements to reduce errors and enhance efficiency.Collaboration & Stakeholder Management: • Act as the first point of contact for business users for procurement and vendor master queries. • Partner with Accounts Payable to ensure smooth invoice posting and payment. • Coordinate with cross-functional teams (Finance, Legal, Tax, Compliance) during onboarding and issue resolution.Key Skills & Competencies: • Strong knowledge of Procurement (PR/PO cycle) and Vendor Master processes. • Hands-on experience with ERP systems (SAP, Coupa). • Understanding of compliance requirements (tax, banking, KYC, audit). • Analytical skills to identify and resolve discrepancies in vendor/PO data. • Excellent communication and stakeholder management skills. • Detail-oriented with strong process discipline.Qualifications: • Bachelor’s degree in Commerce, Finance, Business Administration, or related field



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