Purchase Accounts Coordinator

7 days ago

Bommasandra Bengaluru Karnataka, India Multitech System Industrial Automation Pvt Ltd Full time

Job Description:
Purchase Responsibilities:
1. Vendor Management:Source and negotiate with Vendors for materials and services.Maintain a data base of approved vendor s and monitor vendor performanceEnsure compliance with company procurement policies.

2. Purchase Orders:Prepare, issue and track purchase ordersEnsure timely delivery of goods and servicesWarehouse maintenance and coordinate with the warehouse and other departments to confirm the receipt of the goods

3. Price Negotiation:Negotiate term, price and contract with suppliers to secure the best deals.Work on cost reduction strategies while maintaining quality.

4. Inventory Management:Maintain accurate record of orders, receipts and paymentsEnsure all purchase related documents are maintained up-to-date and easily accessible.

Accounting Responsibilities:
- 5. Invoice Processing:Process vendor invoices and ensure timely payments.Reconcile purchase order with invoices and resolve any discrepancies.Assist in managing accounts receivables and payables.

6. Budget tracking:Monitor budgets for procurement and ensure expenditure and within the limitsProvide regular update to management with regard to financial matters.Petty cash handling

7. Financial reporting:Maintain accurate and up to date financial recordsAssist in preparing monthly, quarterly and annual financial reportsEnsure compliance with applicable tax regulations and company policies.Reconcile statement with vendors and resolve any payment disputes.Bank Reconciliation.

Qualifications:
Any degree.2-3 years of experience in purchasing and accounting roles.

Strong knowledge of procurement processes and vendor management

Strong negotiation, communication and interpersonal skills.

Ability to work collaboratively in a team-oriented environment.

Familiarity with ERP systems and proficiency in Word, especially Excel.

Prior experience in a manufacturing or trading company is an advantage

Pay: ₹18,000.00 - ₹25,000.00 per month

Schedule:

- Day shift

Supplemental Pay:

- Performance bonus
- Yearly bonus

Application Question(s):

- accounting knowledge

**Experience**:

- Purchasing: 2 years (required)

Work Location: In person

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