POSITION SUMMARY

The Finance and Procurement Manager will oversee the financial health of the organization and manage procurement processes to ensure cost-effective and timely acquisition of goods and services. This role requires a strategic thinker with strong analytical, negotiation, and leadership skills to align financial and procurement strategies with organizational goals. The position involves managing finances and procurement for a company with an annual turnover of INR 50 Cr, including monitoring OPEX and CAPEX across multiple entities and group companies.

Roles and Responsibilities 

Finance 

• Manage day-to-day financial operations, including budgeting, forecasting, and cash flow management.

• Prepare monthly, quarterly, and annual financial reports for management and stakeholders.

• Oversee accounting operations, including payables, receivables, reconciliations, and financial controls.

• Ensure compliance with tax, audit, and regulatory requirements.

• Lead the annual audit process and liaise with external auditors.

• Develop and monitor KPIs for financial performance and cost optimization.

• Support strategic decision-making with financial analysis and risk assessments.

• Monitor and track OPEX (operational expenditure) and CAPEX (capital expenditure) across different entities and group companies to ensure budget alignment, cost efficiency, and compliance with corporate governance.

Procurement 

• Develop and implement procurement strategies aligned with business objectives.

• Manage end-to-end procurement processes including sourcing, vendor evaluation, contract negotiation, and purchase order management.

• Identify and qualify reliable suppliers, maintain vendor relationships, and negotiate the best terms.

• Ensure timely availability of goods/services while optimizing costs and maintaining quality standards.

• Monitor inventory levels, procurement cycles, and demand planning in coordination with relevant departments.

• Ensure procurement policies, documentation, and systems are compliant and up to date.

Conduct regular procurement audits to improve efficiency and minimize risks

Core Work Principles

• Job knowledge

• Quality of Work

• Communication

• Team Work & Collaboration

• Attendance and punctuality

• Attitude

What We’re Looking For

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.

• Professional certifications such as CA, CMA, CPA, CFA, or CIPS are an advantage.

• Minimum of 5–8 years of experience in finance and procurement, preferably in a managerial role.

• Strong understanding of financial management, reporting, and procurement processes.

• Proficiency in financial software and ERP systems (e.g., Tally, SAP, Oracle).

• Excellent analytical, negotiation, and leadership skills.

• Strong communication and interpersonal abilities.

• High level of integrity and attention to detail.

Preferred Attributes 

• Experience working in [e.g., construction, manufacturing, services, hospitality, or tech].

• Proven ability to drive process improvement and cost reduction.

• Ability to work under pressure and manage multiple priorities.

• Collaborative mindset with a proactive approach