Procurement Executive (Noida)

Procurement Executive (Noida)

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

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