Urgent hiring For Assistant Procurement Manager at Pune

6 - 11 years

0 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

for any queries call on- 9354498578

or

mail resume on- ap00841743@TechMahindra.com

Key Responsibilities

1. Procurement Operations MDS (60%)

  • Manage end-to-end procurement cycle for market data, research subscriptions, and financial data services.
  • Review and validate market data requests, renewals, cancellations, entitlements, and price changes.
  • Coordinate with business stakeholders , vendors (Bloomberg, Refinitiv, ICE, S&P, etc.), and internal requestors to ensure optimal pricing and contract terms.
  • Ensure contract compliance, price benchmarking, and monitoring of usage vs. subscribed services.
  • Maintain catalogues, rate cards, and renewal calendars.
  • Support RFx activities for vendor selection where applicable.
  • Track and report savings, cost avoidance, and demand consolidation opportunities for market data spend.

2. Invoice Processing & Financial Controls (40%)

  • Oversee end-to-end processing of MDS invoices (high-value, complex subscription invoices).
  • Ensure 3-way match (PO–GRN–Invoice) and accuracy of entitlements before invoice posting.
  • Resolve price mismatches, tax issues, missing PO, and duplicate invoices by coordinating with vendors and internal teams.
  • Monitor aging, blocked invoices, and ensure SLA adherence for turnaround times.
  • Work with AP teams to ensure timely vendor payments and month-end closing accuracy.
  • Maintain audit-ready documentation and ensure compliance with SOX, internal controls, and corporate policies.
  • Support reconciling accrued vs. unbilled items, annual true-ups, and financial tracking of MDS spend.

Leadership & Stakeholder Management

  • Lead a team of 4–10 analysts/executives involved in procurement and AP activities.
  • Coach team members, conduct performance reviews, and drive skill development.
  • Serve as the operational point of contact for global stakeholders—procurement, finance, market data owners, vendor management, category managers.
  • Escalation handling, risk identification, and proactive issue resolutions.

Thanks & Regards

Abhilasha pandit

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Tech Mahindra

Information Technology & Services

Noida

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