HYDERABAD · FULLTIME
Procurement Manager
O2 Spa
Hyderabad · onsite · Posted 54d ago
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Section · 01
About this role
Procurement Manager Hotel Pre-Opening & Projects (ICWA/CMA)
Manager/Sr. Manager Procurement (Hospitality Pre-Opening)
Cost Accountant (ICWA/CMA) Procurement, Hotel Projects
Job Description
Manager/Senior Manager, Procurement (Hotel Pre-Opening)
Company: Ridhira Group
Location: Hyderabad (with travel to project sites)
Experience: 8–10 years
Qualification: ICWA / CMA (Cost & Management Accountant) mandatory
About the Role
Ridhira Group is expanding its heritage hospitality portfolio with multiple hotels in pre-opening/project phase. We're hiring a Procurement professional with a CMA/ICWA background to lead FF&E, OS&E, capex, and project procurement for hotel pre-openings — owning cost control, vendor negotiation, and budget compliance from groundbreaking to opening day.
Key Responsibilities :
- Lead end-to-end *procurement for hotel pre-opening projects* — FF&E (Furniture, Fixtures & Equipment), OS&E (Operating Supplies & Equipment), MEP, kitchen equipment, and capex items
- Prepare and monitor *procurement budgets*, cost sheets, and BOQ (Bill of Quantities) reconciliation against approved capex
- Drive *vendor development, negotiation, and contracting* for hospitality-specific categories (linen, crockery, kitchen equipment, furniture, lighting)
- Ensure *cost accounting* rigor — variance analysis, cost-benefit analysis, landed cost computation, GST/tax implications on procurement
- Coordinate with project management, architects, interior designers, and operations teams for *pre-opening timelines*
- Implement procurement *SOPs, vendor empanelment, and approval matrices* across multiple properties simultaneously
- Manage *import/indent procurement*, customs, logistics coordination where applicable
- Track *cash flow impact of procurement commitments*, working closely with finance for payment schedules and LC/BG (Letter of Credit/Bank Guarantee) requirements
Ideal Candidate
- *ICWA/CMA qualified* with strong cost accounting fundamentals
- 8–10 years in *procurement, project purchase, or supply chain, with at least 3–4 years specifically in **hotel pre-opening / hospitality projects*
- Prior experience with hotel brands, EPC/construction procurement, or FF&E/OS&E vendors preferred
- Strong in *Excel, ERP (SAP/Oracle/Tally), budgeting, and cost control*
- Experience managing *multi-property, multi-vendor procurement simultaneously
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Skills
Section · Company
About O2 Spa

O2 Spa
Beauty & Personal Care
750
employees
2007
19 years old
Hyderabad,Telangana
India
₹4.4L PA avg
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