Finance and Procurement Controller
2 days ago
**About the Role**:
We are seeking a **Finance &** **Procurement Controller** with a strong **finance and analytical background** to oversee the **review, validation, and approval** of all operational and procurement-related requisitions.
This role acts as a **financial and operational checkpoint**, ensuring that every spend, vendor engagement, or procurement activity is **justified, cost-efficient, and aligned with company policies and budgets.**
**Key Responsibilities**:
**Requisition Validation & Cost Control**:
- Review and validate all purchase, procurement, and operational spend requests raised by the operations and project teams.
- Verify pricing, quantity, vendor selection, and alignment with approved budgets.
- Conduct cost-benefit analysis and recommend approval or escalation of spend requests.
- Ensure compliance with internal approval hierarchies, financial policies, and documentation standards.
- Maintain records of approvals for audit readiness and reporting purposes.
**Process Governance & Reporting**:
- Strengthen approval workflows for transparency and compliance.
- Monitor departmental spend and highlight cost-saving opportunities.
- Prepare MIS reports on spend patterns, variances, and vendor efficiency.
Recommend improvements in procurement and spend approval processes
**Vendor & Procurement Oversight**:
- Evaluate vendor quotations and ensure fair and competitive pricing.
- Coordinate with vendors for rate finalization post-validation in collaboration with finance and operations teams.
- Verify invoices, ensure correct billing, and work with finance for timely payments.
- Track vendor performance and maintain records of contracts, pricing, and payment terms.
**Skills & Competencies**:
- Strong financial analysis and cost validation skills.
- Excellent attention to detail and structured, process-driven approach.
- Sound understanding of procurement cycles, vendor management, and operational spend.
- Proficiency in Excel, Tally, ERP, or financial tracking systems.
- Strong communication and cross-functional coordination skills.
- Ability to balance operational needs with financial discipline.
**Qualifications**:
- Graduate in **Finance / Commerce / Accounting** (MBA in Finance preferred).
- 10-14 years of experience in **Procurement, Finance Operations, or Spend Control**.
- Prior experience in a review, approval, or validation-focused role is highly desirable.
**Key Attributes**:
- Financially prudent and process-oriented.
- Integrity, accountability, and ethical decision-making.
- Analytical mindset with problem-solving capability.
- Strong ownership, attention to detail, and adherence to timelines.
**Job Types**: Full-time, Permanent
Pay: ₹700,000.00 - ₹1,200,000.00 per year
Work Location: In person
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