Job SummaryThe Procurement Finance Analyst is responsible for supporting the financial and operational aspects of the procurement process by partnering with Purchasing, Accounts Payable, and Finance teams. The role ensures accurate vendor management, spend control, inventory costing, financial compliance, and reporting while providing analytical insights to improve supplier performance and cost effectiveness.

Key Responsibilities

Procurement & Spend Management
- Partner with the Purchasing team to support procurement activities and ensure adherence to company policies.
- Verify that all purchase transactions follow established approval workflows and authorization limits.
- Monitor vendor spending against budgets and approved forecasts.
- Identify spending trends, cost variances, and potential savings opportunities.
- Review vendors spend reports and dashboards in Power BI and provide insights to management.

Vendor Management
- Maintain accurate vendor master data and supporting documentation.
- Assist in onboarding current vendors and updating existing supplier records.




- Monitor vendor performance, payment status, and credit terms.
- Escalate issues related to supplier disputes, payment delays, and credit holds.
- Support the development and administration of vendor rebate and incentive programs.

Accounts Payable & Financial Controls
- Ensure invoices are coded correctly to the appropriate General Ledger (GL) accounts.
- Validate invoice accuracy and compliance with purchasing documentation.
- Coordinate with Accounts Payable to ensure timely and accurate vendor payments.
- Support month-end closing activities related to procurement and vendor transactions.
- Maintain compliance with company financial policies and internal controls.

Costing & Inventory Support
- Assist in monitoring inventory valuation and cost allocation processes.
- Review inventory and procurement-related transactions for accuracy.
- Support analysis of product and service margins and investiga

📌 Procurement Finance Analyst (Chennai)
🏢 Sba Business Solutions
📍 Chennai