Assistant Manager - Procurement - FinBox

Job Summary

We are looking for a Assistant Manager - Procurement to manage end-to-end procurement and sourcing activities. The role will involve vendor management, P2P operations, commercial negotiations, cost optimization, and close collaboration with internal stakeholders.

Responsibilities

• Manage the end-to-end procurement and P2P process, including PRs, POs, amendments, deliveries, and closure.
• Develop and execute sourcing strategies based on business requirements and budgets.
• Identify, evaluate, compare, onboard and manage vendors and suppliers.
• Conduct vendor comparison and commercial evaluation to support informed sourcing decisions.
• Coordinate delivery tracking, material/service verification, and timely resolution of procurement issues.
• Lead commercial negotiations to achieve competitive pricing and favorable terms.
• Manage vendor relationships and monitor supplier performance, quality, and delivery timelines.
• Partner with Finance on invoice validation, payment processing, and reconciliation.
• Maintain accurate procurement records, contracts, pricing, vendor data, and reports.
• Track procurement spend and identify cost-saving and optimization opportunities.
• Collaborate with Finance, HR, Admin, IT, Operations, Legal and other teams to ensure timely procurement.
• Support contract renewals, vendor reviews, and procurement-related escalations.
• Ensure procurement activities follow internal policies, approval processes, and compliance requirements.
• Identify opportunities to improve procurement processes and operational efficiency.

What We're Looking For

• Minimum 5 years of experience in procurement, sourcing, purchasing, or vendor management.
• Strong hands-on experience with P2P and end-to-end procurement processes, including PR, PO, vendor onboarding, invoice validation, and PO closure.
• Proven experience in vendor sourcing, commercial negotiation, onboarding, and relationship management.
• Good understanding of commercial terms, contracts, and procurement practices.
• Strong analytical skills with experience in spend analysis, cost optimization, and procurement reporting.
• Experience with P2P, procurement, or vendor management tools.
• Strong stakeholder management and communication skills.
• Ability to manage multiple priorities in a fast-paced startup environment.
• Strong ownership, attention to detail, and a cost-conscious mindset.