Procurement Manager

13 hours ago


Chennai, Tamil Nadu, India beBeeProcurement Full time ₹ 15,00,000 - ₹ 25,00,000

Job Title: Procurement Manager

We are seeking a strategic and analytical professional to oversee procurement operations, ensuring cost transparency and profitability analysis. The ideal candidate will be responsible for managing material price changes, preparing financial forecasts and reports, and supporting business case decisions.

This role plays a key part in driving cost efficiency, supporting decision-making through meaningful insights, and fostering cross-functional collaboration.

  • Manage and analyze material price fluctuations influenced by commodity trends, negotiation outcomes, and process parameters.
  • Support localization business cases, in-house vs. outsource decisions, and TCO evaluations.
  • Prepare monthly MIS reports, support bottom-up business planning, budgeting, and forecasting processes.
  • Conduct monthly variance analysis, reporting actual vs. forecasted financials to local and product heads.
  • Identify and support cost-saving initiatives and productivity improvements.
  • Collaborate with stakeholders on ad-hoc requirements and financial impact assessments.

Key Skills:

  • Strong knowledge of Cost Accounting principles
  • Proficient in SAP (FICO/MM) modules
  • Advanced MS Excel and PowerPoint skills
  • Analytical thinking and variance analysis expertise
  • Experience in business planning, budgeting, and forecasting
  • Stakeholder management and cross-functional collaboration

Preferred Background:

  • CA/CWA with 5-7 years of experience in procurement management
  • Prior experience in logistics controlling, CAPEX management, or profitability tracking
  • Exposure to manufacturing, procurement, or supply chain environments

Competencies:

  • Business Excellence & Continuous Improvement
  • Accountability & Result Orientation
  • Entrepreneurial Thinking
  • Collaboration & Stakeholder Communication
  • Adaptability & Self-Development

Be part of a dynamic team where your insights will directly impact business strategy and cost efficiency. You'll work closely with cross-functional teams to enable data-driven decisions and contribute to meaningful cost improvement initiatives.


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