KANPUR · FULLTIME
Associate Debt Manager- Consumer Durable
IDFC Bank
Kanpur · onsite · Posted 45d ago
Sourced from
Not disclosed3–5 yrsfulltimeKanpur
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Section · 01
About this role
Job Requirements
About the Role
A Vendor Management & Budget Control Specialist within the Customer Service department based in Airoli , you will be responsible for managing external suppliers and service providers while ensuring financial discipline across multiple service units, including the CDC, GRD, Email Teams, and Loan Centres . This role involves overseeing the entire vendor lifecycle and business budget control processes—ranging from supplier selection and performance monitoring to relationship management, cost optimization, expense tracking, and internal financial reporting.
Key Responsibilities
Vendor Management :
Identify, evaluate, and onboard vendors in alignment with business needs.
Negotiate contracts, pricing, and service level agreements (SLAs).
Monitor vendor performance and ensure adherence to quality and compliance standards.
Maintain strong vendor relationships and act as the primary point of contact.
Conduct regular vendor audits and risk assessments.
Budget Monitoring & Control :
Collaborate with finance and operations teams to develop and manage budgets.
Track expenditures and ensure alignment with approved budgets
Analyse cost variances and recommend corrective actions
Tracking of monthly, quarterly, and annual budget
Identify opportunities for cost savings and process improvements
What We Are Looking For
Education
About the Role
A Vendor Management & Budget Control Specialist within the Customer Service department based in Airoli , you will be responsible for managing external suppliers and service providers while ensuring financial discipline across multiple service units, including the CDC, GRD, Email Teams, and Loan Centres . This role involves overseeing the entire vendor lifecycle and business budget control processes—ranging from supplier selection and performance monitoring to relationship management, cost optimization, expense tracking, and internal financial reporting.
Key Responsibilities
Vendor Management :
Identify, evaluate, and onboard vendors in alignment with business needs.
Negotiate contracts, pricing, and service level agreements (SLAs).
Monitor vendor performance and ensure adherence to quality and compliance standards.
Maintain strong vendor relationships and act as the primary point of contact.
Conduct regular vendor audits and risk assessments.
Budget Monitoring & Control :
Collaborate with finance and operations teams to develop and manage budgets.
Track expenditures and ensure alignment with approved budgets
Analyse cost variances and recommend corrective actions
Tracking of monthly, quarterly, and annual budget
Identify opportunities for cost savings and process improvements
What We Are Looking For
Education
- Graduation: Bachelor's degree in finance, Business Administration, or a related field
- Strong negotiation and contract management skills
- Proficiency in budgeting tools and ERP systems (e.g., SAP, Oracle)
- 3–5 years of experience in vendor management, procurement, or financial budgeting & planning
- Experience with vendor management platforms
- Knowledge of compliance and regulatory requirements
- Ability to work cross-functionally in a fast-paced environment
- Adherence to contract renewal and regulatory requirements
- Budget variance, cost per seat and employee, preparing increasing and decreasing trend report.
Sourced from foundit
Section · 02
Skills
negotiationvendor management platformsCompliance and regulatory requirementsBudgeting toolscontract management
Section · Company
About IDFC FIRST Bank
IDFC Bank
Banking
43.1k+
employees
2018
8 years old
Mumbai, Maharashtra
India
About
IDFC FIRST Bank is one of India’s fastest-growing new-age private sector banks.
Industries
BankingFinancial Services
Employee ratings
14,599 reviews
3.9/ 5
Culture
3.7
Career growth
3.5
Work-life
3.8
Employees rate it well for
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