Procurement Financial Performance and Cost Controlling (Chennai)

Location: Chennai, (Remote in Chennai)
This role is located in Chennai, and one will work remotely in Chennai

About the Role:

We are seeking a strategic Chartered Accountant to join our Center of Excellence (CoE) for Procurement Financial Performance and Cost Controlling In this role, you will serve as a strategic financial partner to global procurement leadership and category managers. You will leverage your financial acumen to drive cost optimization, perform complex financial analysis (Purchase price variances, benchmarking, price-over-cost, Margin optimisation etc.), ensure robust internal controls and present executive commentary to Management.

Key Responsibilities:

Financial Performance & Category Controlling:

• Prepare and evaluate monthly category-wise spend and financial performance reports
• Perform deep-dive variance commentary identifying key drivers behind spend trends, inflation, and cost movements

Executive Reporting & Stakeholder Management:

• Partner with the Head of Procurement and Head of operational excellence to craft strategic financial presentations and performance updates for the Group Exco.

• Ensure high accuracy and strategic clarity in all executive deliverables on time.

Strategic Cost Intelligence & Sourcing Analytics:

• Collaborate with Global Category Managers on price benchmarking, Purchase Price Variance (PPV), Price-over-Cost analysis, and Best Cost Country (BCC) sourcing models to unlock margin improvements

• Furnish actionable financial intelligence on key suppliers to support high-stakes contract negotiations

Governance, Policy & Risk Management:

• Oversee global procurement policies, ensuring communication, implementation, and compliance across global business units.

• Work closely with teams to implement, maintain, and enforce robust financial controls across the entire procurement cycle.

Digital and AI Transformation & Process Analytics:

• Partner with the Procurement Digital/Tools team to drive continuous improvement in spend visibility, automated reporting, and platform implementations.

Educational Qualification & Experience:

• Education: Qualified Chartered Accountant (CA) with 5+ years of post-qualification experience in Financial Planning & Analysis (FP&A), Financial Controlling, Management Reporting, Cost Accounting or Spend Analytics

• Preferred: Prior exposure to Supply chain, procurement controlling or strategic sourcing.

Technical and Behavioral Skills:

• Strong, hands-on expertise in MS Excel and PowerPoint. Experience usingGoogle Workspace tools alongside visualization platforms like QlikSense

• Strong time-management skills with a proven track record of consistently meeting tight deliverables and project deadlines under pressure

• Excellent team player with strong interpersonal skills, capable of working seamlessly across global, cross-functional teams

• Positive, solution-oriented attitude paired with a continuous growth mindset and an eagerness to learn and adapt

Why join us:

• Executive Exposure: Work directly with senior leaders, presenting strategic insights and financial reports to the Head of Procurement and Head of operational excellence

• Strategic Finance Role: Go beyond traditional accounting into high-impact Finance Business Partnering—driving global cost leadership, spend analytics, and strategic decision-making

• Global Footprint & Mobility: Gain hands-on exposure working with international teams across multi-geography operations

• Digital & Analytics Mastery: Sharpen your capability in modern procurement analytics tools and business intelligence platforms like Qlik Sense.