Senior Executive - Purchase
- Bajaj Finance
- 3 to 7 Yrs
- 10 months ago
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Job Description
- Job Title Senior Executive - Purchase Department / Division Finance & Accounts External Interface (Enlist external agencies/authorities that you are required to deal with while discharging your duty) Vendors/Service Providers Financial institutions/ Corporate bodies Auditors Statutory/ Regulatory agencies Minimum Qualification (i.e. education, training etc.) BCom , MBA in Finance (Purchase) Minimum Experience Around 3-4 years of experience in Procurement, out of which atleast 2 years should be for procurement for operational requirements (and not only project related procurement) Experience in developing a strong vendor base Special Skills/Attributes (required for performing the job effectively) Sound Knowledge of Accounting Standards & Systems Understanding of Statutory/Regulatory Compliance Management Overall Purpose/Objective Of the job Ensure timely and cost effective purchase of all materials and services required by the various departments in the Center through efficient procurement processes and effective vendor development and relationship management. Key Responsibilities (List major responsibilities, that you have, to achieve the key objectives) Formulating the Centres procurement strategy and procedures (defining processes to be followed, formats to be used for raising indents, etc.) Develop the Annual Procurement Plan for the center based on the projected requirements of materials and services sent by the various departments Manage Vendor Relationship Management by identifying the vendors/suppliers, negotiating with them for various departments and thus ensuring best financial terms and agreement for the Centre Identify suppliers / vendors who can meet requirements for frequently required materials and services and meet pre-defined evaluation parameters on cost, supply reliability and quality Ensure adherence to defined processes in case of procurement of goods & services (preparation of comparative quotation analysis statement, necessary approvals as per the authority matrix, documentation, etc.) Ensure timely preparation of Purchase Order/Work Order containing technical specifications, price, applicable quality standards, quantity, delivery schedule and other necessary terms & conditions Ensure modification / re-negotiation of the contractual terms and conditions in the event of major problems in delivery / work execution working closely with Legal and in coordination with the concerned department Monitor the delivery process ensuring that the delivery schedule is being executed as planned and adopting corrective measures if found necessary Develop and implement risk mitigation / back-up plans in the event of delivery disruption Ensure the preparation of daily indent status for review by GM Finance & Accounts Support the preparation of the monthly MIS report as per defined timeline and ensure proper documentation across all stages of the purchase operations. Support in providing inputs on controlling the centers cost in the form of detailed procurement expenditure analysis Ensure leveraging of information technology for timely and accurate reporting of MIS and other functional operations Minimum Qualification (i.e. education, training etc.) BCom , MBA in Finance (Purchase) Primary Location IN-MH-Pune Work Locations Pune Viman Nagar Job Purchase & Stores Organization Mall Business Schedule Regular Shift Standard Job Type Full-time Job Level Day Job Job Posting May 2, 2025, 4:58:21 AM,
Employement Category:
Employement Type: Full timeIndustry: ManufacturingRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: Senior Executive - PurchaseContact Details:
Company: The Phoenix Mills Ltd.Location(s): Maharashtra,+ View Contact
Keyskills: Procurement Vendor Development Accounting Standards
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