Purchase Auditor

BHIVE Workspace - Bengaluru/ Mumbai - Referral Category: Category 3 - 4 - 5 Years - Bachelor's degree in Business Administration, Engineering, Supply Chain Management, Finance or a related field. - **Role**: Purchase Auditor - CEO’s Office **Experience Range**: 4 - 5 years experience as a Purchase Auditor / Purchase Manager, preferably for office interiors/office spaces **Qualification**:Bachelor’s degree in Business Administration, Engineering, Supply Chain Management, Finance or a related field. **Interview Process**: Applicant questionnaire > Assessment > Face to Face Rounds > HR Round **Employee Referral Policy**: **Category **:Referral Category 3 **Role Summary**: This role requires a keen eye for detail, strong analytical skills and the ability to collaborate with various stakeholders to maintain a smooth and cost-effective procurement system. They are responsible for understanding their employer’s needs and communicating with potential vendors. They must be experts at cost-benefit analysis and continuously use it to compare vendors and choose the best fit for their employer, keeping a timeline in mind. They are responsible for documenting all vendor costs and generating monthly cost As a Purchase Auditor at BHIVE, you will be responsible for conducting market research, analyzing data, negotiating with suppliers, and ensuring timely and cost-effective procurement of goods and services. **Why join BHIVE**: - Exciting projects: BHIVE offers innovative projects that have a real impact in the industry. - Collaborative environment: BHIVE values teamwork and collaboration, fostering creativity and providing opportunities for learning. - Work-life balance: BHIVE offers flexibility in work hours to maintain a healthy work-life balance. - Career growth: BHIVE invests in employee development and opportunities for career growth. - Impactful work: Working at BHIVE means making a real impact on the startup ecosystem in India. **Key Deliverables**: - Purchase Audits: - Conduct regular audits of purchase orders, invoices, and related documents to identify discrepancies, errors, and potential areas for improvement. - Ensure compliance with the company’s procurement policies, guidelines, and legal regulations. - Verify the accuracy of purchase requisitions and approvals. - Supplier Invoice Verification: - Verify supplier invoices against purchase orders and contracts to ensure billing accuracy. - Resolve any discrepancies or pricing issues with vendors and internal teams. - Track and report on invoice payment status to maintain timely payment processes. - Cost Analysis: - Analyze procurement data to identify cost-saving opportunities without compromising on quality and service standards. - Monitor and report on price trends, supplier performance, and market conditions. - Vendor Management: - Collaborate with the procurement team to evaluate existing and potential vendors based on their reliability, quality, and pricing. - Assist in negotiating contracts and terms with suppliers to obtain the best possible deals. - Process Improvement: - Suggest and implement improvements to the purchasing process, aiming for increased efficiency and reduced operational costs. - Develop and maintain procurement metrics to measure performance and identify areas for improvement. - Cross-Functional Collaboration: - Work closely with finance, operations, and other departments to ensure a smooth and integrated procurement process. - Provide support during budgeting exercises by offering insights into historical purchase data. - Record-Keeping and Documentation: - Maintain accurate and up-to-date records of purchase orders, invoices, contracts, and vendor information. - Create and update procurement reports for management review. **Key Competencies and Skills**: - Proven experience as a Purchase Auditor, Purchase Analyst or a similar role, preferably in the coworking industry or related fields. - Strong analytical skills with the ability to interpret data and draw actionable insights. - Knowledge of procurement processes, vendor management, and cost analysis techniques. - Familiarity with accounting principles and invoice verification procedures. - Excellent communication and negotiation skills. - Proficiency in using MS Office Suite, particularly Excel and other relevant procurement software. - Attention to detail and accuracy in work. - Ability to handle multiple tasks and prioritize effectively in a fast-paced environment. **How To Apply?