About the role
Role Overview
Responsible for strengthening procurement governance, process excellence, analytics, compliance, standardization and continuous improvement across the Purchase function. The role will drive P2P/S2P governance, procurement MIS, audit readiness, process automation and cross-functional procurement transformation.
Key Responsibilities
- Develop and maintain procurement policies, SOPs, process controls, templates and approval frameworks.
- Drive governance across PR → RFQ → Evaluation → Negotiation → Approval → PO → SRN/GRN → Invoice lifecycle.
- Monitor PR/PO compliance, RFQ coverage, LPP adherence, retrospective procurement, and process deviations.
- Develop procurement dashboards covering spend, savings, cycle time, vendor performance, ageing and compliance.
- Drive savings and cost optimization through benchmarking, rate contracts, demand aggregation, vendor rationalization and negotiations.
- Coordinate internal/external audits and ensure timely closure of procurement observations.
- Identify and implement automation and digitization opportunities across procurement processes and systems.
- Establish vendor governance, performance management, and procurement risk-control frameworks.
- Work closely with Business, Finance, IT, Legal, Project, Operations, Risk, and Compliance teams.
- Drive procurement training, process improvement initiatives and continuous improvement projects.
Key KPIs
- P2P/S2P compliance and reduction in process deviations
- PR-to-PO cycle-time improvement
- Savings and cost avoidance
- Audit and compliance closure
- Vendor performance and risk compliance
- Automation and process improvement initiatives
- Accuracy and timeliness of procurement MIS
Qualification & Experience
- Graduate in Engineering, Commerce, Business, Supply Chain, or related discipline. MBA/PGDM preferred.
- 5–7 years in Procurement Excellence, COE, Governance, P2P Transformation, or Analytics.
- Experience in technology, fintech, e-commerce, BFSI, telecom, or large corporate environment preferred.
Key Skills
- Procurement Governance | S2P/P2P | Strategic Sourcing | Spend Analytics
- Advanced Excel | Power BI/Tableau | ERP/Procurement Tools
- SOP & Process Design | Audit & Compliance | Vendor Management
- Process Automation | Cost Optimization | Stakeholder Management