The Purchase Officer (Accounts) will be responsible for handling procurement activities with a strong focus on accounting and financial compliance. This role involves managing vendor payments, maintaining accurate purchase records, reconciling accounts, and ensuring cost-effective procurement aligned with budgetary controls.
Key Responsibilities:
Manage end-to-end purchasing processes, including vendor selection, price negotiation, and order placement.
Coordinate with the accounts department for timely invoice processing and payment to suppliers.
Verify purchase bills, delivery notes, and ensure proper documentation for accounting and auditing purposes.
Maintain updated records of purchase orders, invoices, and payment schedules.
Reconcile vendor accounts and resolve discrepancies in invoices or payments.
Ensure that all procurement activities comply with financial policies, budgets, and internal controls.
Collaborate with internal departments to forecast procurement needs and manage inventory.
Prepare periodic reports on procurement expenses, outstanding payments, and vendor performance.
Assist in preparing purchase budgets and cost analysis for financial planning.
Support audits by providing required procurement and payment-related documentation.
Qualifications and Skills:
Bachelor's degree in Commerce, Accounting, Finance, or a related field.
2-3 years of experience in procurement or accounts payable roles.
Strong understanding of accounting principles and financial documentation.
Proficiency in accounting and ERP software (e.g., Tally, SAP, or Oracle).
Good negotiation and vendor management skills.
Excellent attention to detail and accuracy in financial record-keeping.
Strong analytical and problem-solving abilities.
Proficiency in MS Excel and other MS Office applications.
Preferred Attributes:
Certification or diploma in accounting, finance, or supply chain management is an advantage.
Experience with tax compliance (GST, TDS, etc.) in procurement transactions.
Ability to manage multiple priorities under tight deadlines.
Job Type: Full-time
Pay: From ?25,000.00 per month
Benefits:
Cell phone reimbursement
Paid sick time
Schedule:
Day shift
Morning shift
Work Location: In person
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