Procurement Lead

Job Description

Job Purpose: This role will lead and oversee procurement back-office processes, ensuring strategic alignment with project budgets, financial reporting, and vendor management. This role will involve managing the allocation of project budgets, monitoring expenditures, coordinating procurement transactions in SAP, and working closely with the CFO to ensure timely approvals for payments. They will collaborate extensively with Project Teams, Finance, and external vendors to drive efficient procurement processes while maintaining robust financial controls. Key Responsibilities: •Lead coordination efforts for budget approvals and allocations for projects, ensuring alignment with organizational financial goals. •Generate and manage work orders in accordance with approved budgets and track expenditures against project forecasts. •Ensure work orders are in due compliance with the Organization’s policy and applicable laws and regulations •Ensuring adequate documentations are in place for work order approvals •Proactively manage project costs and provide timely reports on budget variances to senior leadership. •Collaborate with Treasury to forecast project-related payments and contribute to cash flow planning. •Oversee the creation and management of Project codes in SAP, ensuring data accuracy and consistency across systems. •Deliver comprehensive and actionable MIS reports, including work order status, cash flow projections, PO tracking, and payment certifications, to the Finance and Treasury teams, ensuring visibility to the CFO. •Serve as the primary liaison between vendors and internal teams, maintaining clear and transparent communication channels. Ensure compliance with PF/ESI regulations all CLRA regulations for subcontractors and take corrective actions in case of deviations. •Provide strategic recommendations to improve procurement efficiency and cost management. Qualifications and Work Experience: •Post Graduate degree or equivalent with 12–18 years of relevant experience in procurement or financial management. •At least 8 years of experience in a procurement leadership role within the construction or real estate sectors. •Strong experience in managing procurement functions, financial planning, and team leadership. Knowledge, Skills and Competencies: •Proven ability to manage complex procurement functions and budgets at a senior level. •Excellent interpersonal, communication, and presentation skills with a focus on stakeholder management. •Strong analytical, problem-solving, and project management skills. •Anticipates challenges and develops strategic solutions to mitigate risks and deviations from plans. •Strong business acumen with a focus on cost optimization and financial discipline. Show more Show less