Chief Procurement Strategist

2 days ago

Bengaluru, Karnataka, India beBeeProcurement Full time ₹ 20,00,000 - ₹ 25,00,000
Procurement Excellence Manager

Job Purpose:

This role oversees the strategic alignment of procurement back-office processes with project financial management, ensuring compliance and robust controls. It involves managing budget allocations, monitoring expenditures, and coordinating transactions in SAP, while working closely with stakeholders to drive efficient procurement processes.

Key Responsibilities:

  • Design and implement effective control on the procurement process.
  • Periodic review of the design and operating effectiveness of those controls.
  • Ensure no non-compliance issues on the procurement process during audits.
  • Lead coordination efforts for budget approvals and allocations for projects, ensuring alignment with organizational goals.
  • Generate and manage work orders in accordance with approved budgets and track expenditures against project forecasts.
  • Ensure work orders are in due compliance with applicable laws and regulations.
  • Proactively manage project costs and provide timely reports on budget variances to senior leadership.
  • Collaborate with Treasury to forecast project-related payments and contribute to cash flow planning.
  • Oversee the creation and management of Project codes in SAP, ensuring data accuracy and consistency across systems.
  • Deliver comprehensive and actionable MIS reports to the Finance and Treasury teams.
  • Serve as the primary liaison between vendors and internal teams, maintaining clear and transparent communication channels.
  • Ensure compliance with all CLRA regulations for subcontractors and take corrective actions in case of deviations.

Qualifications and Work Experience:

The ideal candidate will have a Post Graduate degree or equivalent with 8-10 years of relevant experience in procurement or financial management, including at least 8 years in a procurement leadership role within the construction or real estate sectors.

Knowledge, Skills and Competencies:

  • Proven ability to manage complex procurement functions and budgets at a senior level.
  • Excellent interpersonal, communication, and presentation skills with a focus on stakeholder management.

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