
Purchase Officer
2 days ago
**Job Summary**:
The Purchase Officer (Accounts) will be responsible for handling procurement activities with a strong focus on accounting and financial compliance. This role involves managing vendor payments, maintaining accurate purchase records, reconciling accounts, and ensuring cost-effective procurement aligned with budgetary controls.
**Key Responsibilities**:
- Manage end-to-end purchasing processes, including vendor selection, price negotiation, and order placement.
- Coordinate with the accounts department for timely invoice processing and payment to suppliers.
- Verify purchase bills, delivery notes, and ensure proper documentation for accounting and auditing purposes.
- Maintain updated records of purchase orders, invoices, and payment schedules.
- Reconcile vendor accounts and resolve discrepancies in invoices or payments.
- Ensure that all procurement activities comply with financial policies, budgets, and internal controls.
- Collaborate with internal departments to forecast procurement needs and manage inventory.
- Prepare periodic reports on procurement expenses, outstanding payments, and vendor performance.
- Assist in preparing purchase budgets and cost analysis for financial planning.
- Support audits by providing required procurement and payment-related documentation.
**Qualifications and Skills**:
- Bachelor’s degree in Commerce, Accounting, Finance, or a related field.
- 2-3 years of experience in procurement or accounts payable roles.
- Strong understanding of accounting principles and financial documentation.
- Proficiency in accounting and ERP software (e.g., Tally, SAP, or Oracle).
- Good negotiation and vendor management skills.
- Excellent attention to detail and accuracy in financial record-keeping.
- Strong analytical and problem-solving abilities.
**Preferred Attributes**:
- Certification or diploma in accounting, finance, or supply chain management is an advantage.
- Experience with tax compliance (GST, TDS, etc.) in procurement transactions.
- Ability to manage multiple priorities under tight deadlines.
Pay: From ₹25,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Paid sick time
Schedule:
- Day shift
- Morning shift
Work Location: In person
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