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Procurement Expert

2 weeks ago

Mumbai, Maharashtra, India beBeeNegotiator Full time ₹ 1,00,00,000 - ₹ 1,50,00,000
Commercial Manager Role

We are seeking a dynamic and detail-oriented professional to fill this key position within our Finance team.

The successful candidate will be responsible for reviewing, evaluating, and structuring commercials for procurement proposals, vendor contracts, and service agreements.

Key Responsibilities:

  • Review and evaluate commercials for procurement proposals, vendor contracts, and service agreements.
  • Ensure alignment of commercials with internal budgeting and cost controls processes.
  • Support business teams in preparing cost-benefit analyses and commercial models.

Vendor Management & Negotiation:

  • Engage with vendors and service providers to drive competitive pricing and favorable commercial terms.
  • Lead commercial discussions and negotiations ensuring value-for-money procurement while maintaining strong vendor relationships.
  • Periodically review vendor performance and renegotiate terms where required.

Procure-to-Pay (P2P) Process Oversight:

  • Ensure smooth execution and financial compliance of the P2P process.
  • Validate PRs, POs, GRNs, and invoice processing in coordination with relevant teams.
  • Coordinate with accounts payable to ensure timely vendor payments and reconciliations.

Budgeting & Forecasting Support:

  • Assist in budgeting exercises for procurement spends and monitor adherence.
  • Analyze cost trends and propose optimization strategies across categories.

Required Skills & Qualifications:

  • Strong commercial acumen with negotiation and analytical skills.
  • Proficiency in financial modeling, cost analysis, and budget management.
  • In-depth knowledge of P2P lifecycle and vendor payment processes.