Procurement Manager

1 day ago

Pune, India Poonawalla Fincorp Ltd. Full time

The Procurement Manager plays a crucial role in ensuring efficient and effective procurement processes within the organization. This position is responsible for managing administrative tasks related to procurement, vendor relationships, and contract management.

Role & responsibilities

  • Manage purchase requisitions and ensure policy compliance
  • Source and evaluate vendors; conduct RFQs, tenders, and auctions
  • Negotiate best pricing and issue purchase orders
  • Monitor costs, market trends, and optimize procurement spend
  • Ensure legal and regulatory compliance in procurement activities
  • Evaluate vendor performance and maintain strong relationships
  • Coordinate inventory, billing, and timely payments
  • Collaborate with internal teams for procurement needs
  • Drive process improvements and automation
  • Generate reports on spend, savings, and vendor metrics
  • Uphold ethical standards and procurement code of

Preferred candidate profile

Educational Background:

  • Any bachelors degree, preferably in business administration, supply chain management, or a related field is preferred.

Experience:

  • Minimum of 8 years of experience in procurement, sourcing, or purchasing roles, preferably in the financial services or NBFC sector.
  • Experience with procurement software or ERP systems (Oracle fusion including vendor portal is preferred)

Knowledge and Skills:

  • Strong understanding of procurement processes, supplier management, and market analysis.
  • Proficiency in procurement software, ERP systems, and Microsoft Excel.
  • Excellent organizational and time management skills.
  • Strong communication and negotiation skills to interact with vendors and internal stakeholders.
  • Ability to manage multiple priorities and meet deadlines.
  • Knowledge of relevant procurement laws and regulations

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