Procurement Manager

insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financialdata. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com

Work Timings: 2:30-11:30PM 

Location:  Bangalore 

Summary

In this role, you will be responsible for managing the procurement and vendor management teams and their day-to-day operations. The ideal candidate will be a go-getter known for consistently ensuring operational efficiency. The appropriate candidate will be a success driven self-starter, skilled at managing teams and working with cross functional groups to ensure the team objectives are met 

Primary Responsibilities:

• Manage the Vendor Management and Procurement team – build, train and manage performance goals
• Improve and execute purchasing policies and procedures that include vendor base management, purchasing cycle (requisitions, purchase orders), developing the appropriate audit and goods received process.
• Review Purchase Requisition forms and create Purchase Orders accordingly.
• Complete New Vendor Setups in compliance with policies
• Review purchase orders against purchasing guidelines; obtain legal contract review, check against finance budget, review & confirm accounting coding. Approve or reject and issue purchase orders to vendors.
• Negotiate and complete contracts for goods and services utilizing established contracting policies and procedures
• Review vendors, assess vendor capabilities and prevent vendor duplication. Additionally ensure clean vendor data, deactivating vendors not being used.
• Manage and update process controls and ensure team alignment to the controls
• Collaborate with internal leadership in other functional areas, as it relates to their respective programs, to ensure alignment of activities, objectives, and expectations.
• Build and develop vendor relationships, managing effective partnerships with key suppliers to encourage superior service, obtain competitive pricing, and obtain quality products and/or services.
• Identify and implement process improvements throughout the department to increase efficiency and accuracy and decrease high risk areas.
• Lead and contribute to the Coupa implementation and stabilization efforts.
• Maintain purchasing documents and assure that they are properly completed with all terms and conditions of purchases being met.
• Assure department records are maintained and that purchases are followed up or expedited when required.
• Maintain purchase contracts database. Audit database system for accuracy on a continual basis preventing any vulnerability for fraud or excessive errors.
• Ensure compliance with local and foreign requirements.
• Lead low-dollar sourcing efforts within the team

Interface with accounting on audit issues and system management to ensure proper controls are in place and operating as planned

Qualifications

• Bachelor’s Degree, preferably in accounting.
• 10 plus years in procurement and vendor management with 3 plus year of team management experience
• Exceptional work ethic and strong attention to detail
• Excellent written and verbal communication skills, and the ability to interact effectively
• Self-starter who can take on responsibility with little oversight
• Ability to read and comprehend moderately complex instructions, short correspondence, and memos
• Ability to write correspondence with understanding of audience
• Ability to effectively present information in one-on-one and small group situations to other managers and employees

Exhibits our core values: Results Orientation, Winning Attitude, Be One Team, Disciplined Execution, and Growth Mindset

• Additional qualification in supply chain management is an add-on
• NetSuite and Coupa experience preferred
• Experience in data migration as part of acquisitions or system changes preferred
• Flexibility to work in shifts

** At this time insightsoftware is not able to offer sponsorship to candidates who are not eligible to work in the country where the position is located. **

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At insightsoftware, we are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, national origin, gender, sex, gender identity or expression, sexual orientation, age, citizenship, marital or parental status, disability, veteran status, or other class protected by applicable law. We are proud to be an equal opportunity workplace.