Procurement Executive

Job description-

• Create Capital Indent
• Negotiations with Suppliers for better pricing
• Maintain & Track all Contracts
• Create PO’s as per instructions
• Coordinate with Vendor for timely Delivery
• Invoice Matching & Clearing to finance for payment
• Track IT expenses and report to management.
• During Budget exercise, provide relative data points to manager
• In case of any delays for payment release and contract closure highlight same to Management
• Contract with IT equipment supplier, review and finalisation will be done by Management.
• Management will approve the invoices for processing.  onsite team can provide the inputs.
• Validation of Monthly Operations Invoice and Process for Payment (validation, approvals from respective department/s, submission to AP - Fin Team for payment processing, ensure payments are released as per schedule, share payment information to service provider, taxation related certification to be coordinated, reconcile SOA from service provider and partners at regular intervals). In case of delays in releasing, the payments to vendors. Procurement executive will highlight to manager to help in payment release.
• Procurement executive will share the Charge back data with management for review and validation of inter-company transactions, obtain approvals and submit to finance. In case of any delays would highlight it to management for faster resolution.
• Procurement executive would negotiate with vendors or service providers to obtain best services at least cost. Final approval or last negotiation would be done by management for better pricing and services.
• In case of delays in releasing, the payments to vendors Procurement executive will highlight to management to help in payment release.