Procurement Manager
Bread Financial · Bengaluru · onsite · Posted 41d ago
Undisclosed8–10 yrsfulltimeSourced from
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About this role
Job Summary
Essential Job Functions
Minimum Qualifications
Preferred Qualifications
Skills
Work Environment
Other Duties
Job Family
Job Type
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.
The Manager, Procurement Contracts provides strategic and operational leadership across the full Procure-to-Pay (P2P) lifecycle, with a strong focus on supporting technology hiring vendor management and US-led RFP initiatives. This role owns category sourcing strategies, leads complex negotiations, and ensures robust compliance through disciplined governance, policy execution, and SOX controls. Partnering with Legal, Finance, HR, and global business stakeholders, the Manager drives supplier performance, optimizes total cost of ownership, and mitigates operational risk. The role also guides a team of Leads and Analysts to support end-to-end RFP execution, vendor onboarding, and contract lifecycle management. A key change leader, this position champions automation, digital procurement tools, and data-driven insights to enhance efficiency, transparency, and collaboration across geographies.
Essential Job Functions
- Oversee strategic supplier relationships, lead contract negotiations, and establish performance metrics and governance reviews. Drive innovation, quality improvements, and cost optimization through strong supplier collaboration and accountability - (30%)
- Own the end-to-end procurement process from sourcing and contracting to purchase order execution and supplier payment. Define category strategies, approve sourcing frameworks, and ensure adherence to global P2P policies and SLAs. Drive consistent governance, efficiency, and compliance across regions or business unit - (25%)
- Establish and maintain SOX-compliant controls across procurement processes. Lead internal and external audits, ensure policy updates are implemented globally, and proactively manage supplier risk and contract exposure - (15%)
- Serve as business owner for major P2P system enhancements (Coupa, PeopleSoft, Concur). Approve functional designs, oversee UAT, manage change-control governance, and drive automation to enable scalable, data-driven procurement operations - (10%)
- Lead and inspire a team of Procurement Leads and Analysts. Set clear goals, monitor performance, and provide mentorship and career development. Foster a culture of accountability, innovation, and continuous improvement - (5%)
- Oversee spend analytics, procurement budgeting, and financial forecasting. Present cost-avoidance, savings, and operational performance reports to executive leadership for strategic decision-making - (5%)
- Partner with Legal, Finance, Tax, and Business Operations to align procurement strategies with organizational priorities. Provide expert guidance on commercial terms, payment structures, and regulatory compliance - (5%)
- Champion process optimization and digital procurement innovation. Lead initiatives focused on automation, supplier enablement, and end-user adoption to enhance transparency, speed, and value delivery - (5%)
Minimum Qualifications
- Bachelor's Degree in Commerce, Finance, Supply Chain, or related field
- Certifications in PMP, ITIL, CIPS, NCMA, or Coupa Advanced
- 8-10 years P2P transformation, with 3+ years of project(s), mentoring and/or coaching experience
Preferred Qualifications
- 12+ years P2P transformation, with global or cross-functional leadership
Skills
- Procurement Strategies
- Category Management
- Enterprise Resource Planning (ERP) Systems
- Contract Negotiations
- Vendor Management
- Spend Analytics
- Financial Forecasting
- ERP Project Management
- Compliance Management
Reports To: Senior Manager and above
Direct Reports: 2 - 5
Work Environment
- Normal office environment, hybrid.
Other Duties
This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.
Job Family
Delivery and Vendor Operations
Job Type
Regular
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.
Sourced from naukri
Skills
AutomationCategory ManagementCompliance ManagementExecutive leadershipContract Lifecycle Managemententerprise resource planningauditsCONCURAnalyticsFinancial ForecastingERPBudgetingcomplianceBusiness Operationsfinance
About Bread Financial
Bread Financial
FinTech
900
employees
1996
30 years old
Bengaluru/Bangalore, Karnataka
India
About
Bread Financial offers personalized financial services with digital solutions for payments, lending, and savings, enhancing customer access and flexibility.
Industries
BankingAuto Components
Employee ratings
236 reviews
3.8/ 5
Culture
3.8
Career growth
3.3
Work-life
3.9
Employees rate it well for
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