Purchase Officer

5 days ago


Baner, Maharashtra, India Global Excellence Academy Full time ₹ 2,50,000 - ₹ 3,50,000 per year

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.
  • Proficiency in MS Excel and other MS Office applications.

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.

Job Types: Full-time, Permanent

Pay: From ₹25,000.00 per month

Benefits:

  • Provident Fund

Work Location: In person


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