Strategic Procurement Accountant

12 hours ago

Agra, Uttar Pradesh, India beBeeFinancial Full time ₹ 4,00,000 - ₹ 7,00,000

Job Overview:

We are seeking a diligent and analytical professional to handle procurement accounting, perform detailed verification, support audit preparedness, and manage cost centre allocations.

The ideal candidate will have a profound understanding of internal controls, procurement processes, and financial reporting to ensure accuracy, compliance, and cost optimisation.

Key Responsibilities include:

  • Procurement Accounting & Controls

Verify and process procurement transactions and vendor invoices. Ensure compliance with purchase order terms, GST input credit rules, and payment terms. Coordinate with the procurement team to reconcile GRNs, POs, and invoices. Validate purchase orders, goods receipt notes (GRNs), and vendor invoices for raw materials, spares, consumables, and capital goods. Monitor vendor balances, advances, and resolve discrepancies.

  • Detailed Verification and Internal Checks

Perform thorough verification of accounting entries, including procurements, expenses, and fixed assets. Ensure appropriate supporting documents (invoices, approvals, contracts) are in place. Identify anomalies, errors, or fraudulent transactions and flag them for corrective action.

  • Audit Support (Internal & Statutory)

Prepare and maintain audit schedules and reconciliations related to procurement and cost accounts. Support internal and external auditors with required documentation and clarifications. Implement audit recommendations and strengthen internal controls accordingly.

  • Cost Centre Accounting

Allocate expenses to correct cost centres in accordance with company policies. Monitor cost centre budgets vs actuals and report variances. Assist in financial reporting by preparing cost centre-wise P&L statements.

Skill Requirements: Strong knowledge of AS, Ind AS, GST, and TDS provisions. Proficiency in ERP systems (SAP, Oracle, Tally, etc.). Attention to detail and strong analytical skills. Effective communication and coordination skills across departments. Ability to work under pressure and meet deadlines.

Key Skills: Financial Reporting, Accounting Management, Procurement Process, Cost Optimisation, ERP Systems.

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