Procurement Lead

The primary responsibility of this role is to lead coordination efforts for budget approvals and allocations for projects, ensuring alignment with organizational financial goals. You will be required to generate and manage work orders in accordance with approved budgets, track expenditures against project forecasts, and ensure compliance with the organization's policies and applicable laws and regulations. It is essential to maintain adequate documentation for work order approvals and proactively manage project costs, providing timely reports on budget variances to senior leadership. Additionally, you will oversee the creation and management of Project codes in SAP to ensure data accuracy and consistency across systems. Serving as the main liaison between vendors and internal teams, clear and transparent communication channels must be maintained. Ensuring compliance with PF/ESI regulations, as well as all CLRA regulations for subcontractors, and taking corrective actions in case of deviations are crucial aspects of this role. Furthermore, providing strategic recommendations to enhance procurement efficiency and cost management is expected. The ideal candidate for this position should possess a Post Graduate degree or equivalent with 12-18 years of relevant experience in procurement or financial management, including at least 8 years of experience in a procurement leadership role within the construction or real estate sectors. Strong expertise in managing procurement functions, financial planning, and team leadership is required. Key qualifications for this role include proven ability to manage complex procurement functions and budgets at a senior level, exceptional interpersonal, communication, and presentation skills focused on stakeholder management, strong analytical, problem-solving, and project management skills, as well as the ability to anticipate challenges and develop strategic solutions to mitigate risks and deviations from plans. A strong business acumen with a focus on cost optimization and financial discipline is essential for success in this role.,