Procurement Financial Performance and Cost Controlling expert

Job Summary

Location: Chennai, (Remote in Chennai). This role is located in Chennai, and one will work remotely in Chennai

About the Role: We are seeking a strategic Chartered Accountant to join our Center of Excellence (CoE) for Procurement Financial Performance and Cost Controlling In this role, you will serve as a strategic financial partner to global procurement leadership and category managers. You will leverage your financial acumen to drive cost optimization, perform complex financial analysis (Purchase price variances, benchmarking, price-over-cost, Margin optimisation etc.), ensure robust internal controls and present executive commentary to Management.

Responsibilities

Financial Performance & Category Controlling

• Prepare and evaluate monthly category-wise spend and financial performance reports
• Perform deep-dive variance commentary identifying key drivers behind spend trends, inflation, and cost movements

Executive Reporting & Stakeholder Management

• Partner with the Head of Procurement and Head of operational excellence to craft strategic financial presentations and performance updates for the Group Exco.
• Ensure high accuracy and strategic clarity in all executive deliverables on time.

Strategic Cost Intelligence & Sourcing Analytics

• Collaborate with Global Category Managers on price benchmarking, Purchase Price Variance (PPV), Price-over-Cost analysis, and Best Cost Country (BCC) sourcing models to unlock margin improvements
• Furnish actionable financial intelligence on key suppliers to support high-stakes contract negotiations

Governance, Policy & Risk Management

• Oversee global procurement policies, ensuring communication, implementation, and compliance across global business units.
• Work closely with teams to implement, maintain, and enforce robust financial controls across the entire procurement cycle.

Digital and AI Transformation & Process Analytics

• Partner with the Procurement Digital/Tools team to drive continuous improvement in spend visibility, automated reporting, and platform implementations.

Educational Qualification & Experience

Education: Qualified Chartered Accountant (CA) with 5+ years of post-qualification experience in Financial Planning & Analysis (FP&A), Financial Controlling, Management Reporting, Cost Accounting or Spend Analytics

Preferred: Prior exposure to Supply chain, procurement controlling or strategic sourcing.

Technical and Behavioral Skills

• Strong, hands-on expertise in MS Excel and PowerPoint.
• Experience using Google Workspace tools alongside visualization platforms like QlikSense
• Strong time-management skills with a proven track record of consistently meeting tight deliverables and project deadlines under pressure
• Excellent team player with strong interpersonal skills, capable of working seamlessly across global, cross-functional teams
• Positive, solution-oriented attitude paired with a continuous growth mindset and an eagerness to learn and adapt

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.