Capex procurement Manager

15 hours ago


Bengaluru, Karnataka, India finroles Full time ₹ 1,04,000 - ₹ 1,30,878 per year

**Job Title: CAPEX Procurement Manager

Location: Doddaballapur, Bengaluru, Karnataka

Department: Procurement

Reports To: Head of Procurement / Procurement Director

Employment Type: Full-time

Position Overview:**

We are seeking an experienced CAPEX Procurement Manager to manage the procurement process for capital expenditures (CAPEX) within our organization. The ideal candidate will have a solid background in managing high-value procurement activities for capital projects, working with various stakeholders, and ensuring compliance with company policies, budgets, and timelines. As the CAPEX Procurement Manager, you will play a critical role in sourcing, negotiating, and managing suppliers and contracts for all capital expenditure projects.

Key Responsibilities
:

o Develop and implement a robust CAPEX procurement strategy that aligns with organizational goals and business needs.

o Collaborate with project teams and senior management to understand CAPEX project requirements and define procurement objectives.

o Identify, evaluate, and select suppliers for capital expenditure projects, ensuring optimal cost, quality, and delivery.

o Lead supplier negotiations, manage contracts, and ensure the procurement process is transparent, competitive, and cost-effective.

o Establish and maintain long-term relationships with key suppliers and service providers.

o Ensure CAPEX procurement activities are aligned with budget constraints and help identify cost-saving opportunities while maintaining project timelines.

o Monitor procurement costs, track expenses, and identify potential cost overruns, ensuring corrective actions are taken.

o Review and approve purchase orders, contracts, and invoices in accordance with established budgets and timelines.

o Ensure compliance with all internal procurement policies, company standards, and external regulatory requirements.

o Identify and mitigate procurement risks, including those related to suppliers, contracts, and market conditions.

o Ensure that all CAPEX procurement activities adhere to corporate governance standards.

o Collaborate with internal stakeholders, such as engineering, finance, operations, and legal teams, to ensure alignment on CAPEX project specifications and timelines.

o Provide regular updates to senior management regarding procurement progress, challenges, and opportunities.

o Lead the negotiation of contracts, service-level agreements (SLAs), and terms and conditions for CAPEX-related purchases.

o Ensure that contracts meet the organization's standards and provide value for money, minimizing risks.

o Conduct market research and monitor industry trends to identify new suppliers, materials, technologies, and best practices that could benefit the organization.

o Stay updated on developments within the procurement and capital expenditure sectors to drive continuous improvement in sourcing strategies.

Required Skills & Qualifications
:


• Education:

o Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field. A Master's degree or professional certifications is preferred.


• Experience:

o 6 to 8 years of experience in procurement, with a focus on capital expenditure (CAPEX), ideally in [Industry Sector, e.g., Manufacturing, Construction, Energy].

o Proven track record of managing the procurement of Medium to high-value capital projects.

o Experience in contract negotiation and supplier management for medium to large-scale CAPEX projects.


• Technical Skills:

o Strong knowledge of procurement processes, supplier management, and contract law.

o Proficient in procurement software and tools (e.g., Tally, SAP, or other relevant platforms).

o Advanced Excel skills for data analysis, budgeting, and reporting.


• Soft Skills:

o Strong negotiation skills with the ability to influence stakeholders and achieve favourable terms.

o Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams.

o Strong analytical and problem-solving skills, with attention to detail and accuracy.


• Additional Competencies:

o Ability to manage multiple projects simultaneously and prioritize tasks effectively.

o Strong leadership and people management skills, with experience in mentoring and developing team members.

o Familiarity with the latest trends in supply chain management, risk management, and sustainability practices in procurement.

Working Conditions:


• Full-time role based in Doddaballapur, Bengaluru, Karnataka.


• Occasional travel may be required for supplier visits, project inspections, and negotiations.


• Flexibility in working hours may be required to meet project timelines and objectives.

Why Join Us:


• Competitive salary and benefits package.


• Opportunity to work on Medium to large-scale, high-impact capital projects.


• Collaborative and dynamic work environment with a focus on professional development.


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