Procurement Manager

The Procurement Manager plays a crucial role in ensuring efficient and effective procurement processes within the organization. This position is responsible for managing administrative tasks related to procurement, vendor relationships, and contract management.

Role & responsibilities

• Manage purchase requisitions and ensure policy compliance
• Source and evaluate vendors; conduct RFQs, tenders, and auctions
• Negotiate best pricing and issue purchase orders
• Monitor costs, market trends, and optimize procurement spend
• Ensure legal and regulatory compliance in procurement activities
• Evaluate vendor performance and maintain strong relationships
• Coordinate inventory, billing, and timely payments
• Collaborate with internal teams for procurement needs
• Drive process improvements and automation
• Generate reports on spend, savings, and vendor metrics
• Uphold ethical standards and procurement code of

Preferred candidate profile

Educational Background:

• Any bachelors degree, preferably in business administration, supply chain management, or a related field is preferred.

Experience:

• Minimum of 8 years of experience in procurement, sourcing, or purchasing roles, preferably in the financial services or NBFC sector.
• Experience with procurement software or ERP systems (Oracle fusion including vendor portal is preferred)

Knowledge and Skills:

• Strong understanding of procurement processes, supplier management, and market analysis.
• Proficiency in procurement software, ERP systems, and Microsoft Excel.
• Excellent organizational and time management skills.
• Strong communication and negotiation skills to interact with vendors and internal stakeholders.
• Ability to manage multiple priorities and meet deadlines.
• Knowledge of relevant procurement laws and regulations