20 Aug
|
Ipacesetters Solutions
|
Noida
20 Aug
Ipacesetters Solutions
Noida
CORE RESPONSIBILITIES
PO CREATION & APPROVAL
- Review approved purchase requests and vendor quotations.
- Create accurate POs in NetSuite with correct vendor, item/service, quantity, pricing, tax and accounting dimensions.
- Route POs to the appropriate managers and follow up on pending approvals.
- Send approved POs to the concerned manager and/or vendor.
PO LIFECYCLE & VENDOR MANAGEMENT
- Monitor POs through fulfillment and coordinate with vendors and managers.
- Identify completed, partially fulfilled, delayed, cancelled and no-longer-required POs.
- Coordinate with Accounts Payable on PO, receipt and invoice matching.
- Maintain complete supporting documentation and audit trail.
MONTH-END CLOSE & FORECASTING RESPONSIBILITY
MONTH-END PO REVIEW
- Review all open POs before month-end close.
- Obtain status confirmation from the concerned managers.
- Close/cancel POs that will not be fulfilled, after appropriate confirmation.
- Review partially fulfilled POs and confirm the remaining commitment.
FORECASTING INPUT
- Provide committed and expected PO spend to Finance.
- Identify expected cash outflows and their timing.
- Highlight procurement costs expected but not yet invoiced.
- Support cash forecast and forward EBITDA forecast accuracy.
KEY PERFORMANCE INDICATORS
PO Accuracy
PO agrees with approved quotation/request
Prevents financial and vendor errors
PO Turnaround
PO created and routed within agreed SLA
Avoids procurement delays
Open PO Aging
Aged/inactive POs reduced monthly
Improves commitment visibility
Month-End Closure
All open POs reviewed before close
Supports clean financial close
Forecast Input
Expected PO spend and timing provided to Finance
Supports cash forecasting
EBITDA Forecast Support
Expected unbilled procurement costs identified
Improves forward EBITDA visibility
REQUIRED QUALIFICATIONS & SKILLS
REQUIRED
- Bachelors degree in Commerce, Finance, Accounting, Supply Chain, Procurement or related field.
- 2–5 years of exper
📌 Procurement Executive (Noida)
🏢 Ipacesetters Solutions
📍 Noida