Procurement Manager

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