The role acts as a strategic financial advisor to the indirect procurement department, collaborating closely with cross-functional teams to drive financial performance, optimize procurement strategies, and ensure sound financial decision-making.
As a Procurement Finance Business Partner, you will play a critical supporting role in driving operational efficiency, identifying cost-saving opportunities, and providing valuable financial insights to support business growth.
KEY RESPONSIBILITIES
1.
Financial Analysis and Planning:
Conduct financial analysis and provide insights on indirect procurement spend, cost drivers, and financial performance.
Develop and maintain financial models to support budgeting, forecasting, and decision-making processes.
Collaborate with indirect procurement teams to identify cost-saving opportunities and optimize procurement strategies.
2. Savings Validation:
Collaborate with the indirect procurement department and cross-functional teams to capture cost savings.
Monitor actual performance against budgets, identify variances, and provide recommendations to improve financial outcomes.
Support the development of procurement-specific KPIs and metrics to track and evaluate financial performance.
3. Stakeholder Collaboration:
Partner with indirect procurement team and cross-functional teams to align financial objectives with business strategies.
Provide financial guidance and support during contract negotiations, vendor evaluations, and supplier relationship management.
Collaborate with finance, accounting, and operations teams to ensure accurate financial reporting and compliance.
4. Financial Reporting and Analysis:
Prepare regular financial reports on cost savings, executive summaries, and presentations for senior management and key stakeholders
Analyze financial data to identify trends, patterns, and opportunities for improvement.
Provide actionable insights and recommendations to enhance procurement efficiency and effectiveness.
Prepare business cases for specific initiatives
Job Posting End Date:
2025-08-26
Target Hire Date
2025-09-08
Target End Date
:
Beware of fraud agents! do not pay money to get a job
MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.