Job Description

Senior Manager - Supply Chain FinanceCurrently we are hiring as Sr Manager_ Purchase Finance/Procurement Finance/ Supply Chain finance.Job Location : BangaloreIndustry : FMCG/ Foods/ BeveragesEducation : MBA / CA.:- The Senior Manager Procurement Finance will be responsible for establishing strong processes and governance in the procurement function, ensuring effective cost control measures, and maintaining optimal inventory levels.- The Senior Manager Procurement Finance will work closely with cross-functional teams, including procurement, operations, and finance, to drive efficiency, controls and cost optimization across both outsourced manufacturing and in-house operations.Key Responsibilities:- Design, implement, and maintain robust procurement processes and governance frameworks.- Collaborate with procurement and supply chain teams to develop inventory control strategies, including forecasting, demand planning, and safety stock management.- Oversee the purchase order process from initiation to approval, ensuring accuracy, completeness, and adherence to budgetary guidelines.- Implement and maintain a robust purchase order review system, verifying contract terms, pricing, and quantity requirements.- Collaborate with procurement teams to ensure favourable terms and conditions with suppliers are negotiated optimizing cost savings opportunities.- Monitor and analyse procurement costs, identifying areas of potential cost savings and efficiency improvements.- Collaborate with cross-functional teams to develop and implement cost control initiatives.- Conduct regular cost variance analyses and provide recommendations to management for cost optimization.- Monitor supplier performance, conduct periodic reviews, and implement corrective actions when necessary.Qualifications and Skills Requirements:- MBA/CA with 5 to 12 years of proven experience in procurement finance, supply chain finance, or related roles- Candidates from manufacturing industry in foods and beverages are preferred- Strong understanding of procurement processes, inventory management, and purchase order management.- Solid knowledge of financial analysis, cost control, and budget management principles.- Proven experience in setting up and maintaining strong governance and control frameworks.- Excellent analytical and problem-solving skills, with a keen attention to detail.- Strong interpersonal and communication skills, with the ability to collaborate effectively with cross-functional teams.- Demonstrated leadership abilities and the capacity to drive change and process improvements.

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