Group Head- Events Operation
1 day ago
VENDOR MANAGEMENT:
Cost closure with all vendors PAN India after the final requirement is shared with Procurement by the production team with their preferred vendor list.
If the preferred vendor could not be closed at the decided target price then commercial keeps the right to change the vendor by intimating the same to production team.
Preparing pre event P/L after negotiation and getting the final invoices of all the vendors
The vendor ledger account is reconciled in every quarter with accounts for the vendor confirmation to mitigate the difference at the end of the FY.
To look after all purchases of the materials for the events, interior decorator, retail projects and vendor management
Strong leadership skills.
Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management etc.
Industry knowledge of finance and/or accounting in terms of broad industry dynamics on the buy side (and the sell side) but also the internal knowledge and language of the business
(The candidate should ideally be from the event industry)
Strong negotiation skills to use for large commercial deals
Should have experience with modern sourcing and procurement systems
Maintain an updated list of approved vendors & artists ensure that only they are used by the rest of the Operations team.
Ensure that the most appropriate vendors are given work after due diligence.
Zero percent escalation of any vendor issues to HOD
Identification and realization of cost saving and cost reduction opportunities.
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