Sr. Manager- Procurement- Bajaj Capital Ltd.
- Bajaj Capital
- 5 - 8 years
- Noida, Gurugram
- 10 months ago
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Job Description
Key Job Responsibilities :
Leading and drive lowest overall operating cost
- Responsible for defining and executing a procurement strategy that delivers on established financial targets and collaborate with adjacent business segments to obtain best outcomes
- Articulate and execute a procurement roadmap that builds the capabilities needed for long term growth and sustainability
- Establish balanced score card metrics that drives accountability for total operating cost
- Leverage complex pricing and commodity models for diverse item and ensure a scope for organizations spent
Manage daily procurement operations
- Evaluate organizational supply chain needs and processes and coordinate with internal and external stakeholders in development of solutions for logistic support issues
- Develop, prepare and control the annual budget for procurement and analyse and review budgetary and financial data
- Monitor and authorize expenditures in accordance with established organizational guidelines
- Ensure the execution of standards, controls, policies, procedures and performance metrics to effectively and efficiently manage the acquisition and reporting of third-party spend across the organization
Managing risk in the procurement process
- Manage procurement risk via appropriate commodity derivative and forward buy tactics
- Work closely with the compliance/legal team to create and update the contracts for various categories and regions
- Manage internal procurement related audits and corrective actions
- Conduct business review meetings with key stakeholders to assess risk, review future strategies and identify potential cost down and improvement opportunities
People Management
- Achieve and maintain alignment in the supply value chain between suppliers, procurement team and the internal and external stakeholders
- Responsible for growth and performance of the team members i.e. career development, training and engagement
- Build market intelligence capabilities within the team on key markets, suppliers and solutions to support strategy development purposes
Knowledge, Skills & Attributes
Knowledge
Financial: Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.
Business Acumen: Industry knowledge in terms of broad industry dynamics on the buy-side (and the sell-side), but also the internal knowledge and language of the business
Procurement Principles: Ability to sell procurements value and to run procurement as a services business like any other well-run professional services business. In-depth knowledge of sourcing and procurement principles and best practices
Location: Gurgaon
Contact Person : Gaurav Singh
Ga*********h@ba*********l.com
Job Classification
Industry: Financial Services (Broking)Functional Area:
Role Category: Procurement & Purchase
Role: Procurement & Purchase
Employement Type: Full time
Education
Under Graduation: Any GraduatePost Graduation: Any Postgraduate
Doctorate: Doctorate Not Required
Contact Details:
Company: Bajaj CapitalLocation(s): Noida, Gurugram
Keyskills: Procurement Planning Procurement Management Purchase Planning Purchase Vendor Development Budget Analysis Supply Chain Management budget
Bajaj Capital
Bajaj Capital Limited Being one of India's premier investment companies, we found our purpose in helping people protect and grow their wealth. Here at Bajaj Capital Limited, we offer personalized investment solutions to individual investors, Non-Resident Indians (NRIs), and High Networth clients...
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