Job Summary

We are looking for a Assistant Manager - Procurement to manage end-to-end procurement and sourcing activities. The role will involve vendor management, P2P operations, commercial negotiations, cost optimization, and close collaboration with internal stakeholders.

Responsibilities

- Manage the end-to-end procurement and P2P process, including PRs, POs, amendments, deliveries, and closure.

- Develop and execute sourcing strategies based on business requirements and budgets.

- Identify, evaluate, compare, onboard and manage vendors and suppliers.

- Conduct vendor comparison and commercial evaluation to support informed sourcing decisions.

- Coordinate delivery tracking, material/service verification, and timely resolution of procurement issues.

- Lead commercial negotiations to achieve competitive pricing and favorable terms.

- Manage vendor relationships and monitor supplier performance, quality, and delivery timelines.

- Partner with Finance on invoice validation, payment processing, and reconciliation.

- Maintain accurate procurement records, contracts, pricing, vendor data, and reports.

- Track procurement spend and identify cost-saving and optimization opportunities.

- Collaborate with Finance, HR, Admin, IT, Operations, Legal and other teams to ensure timely procurement.

- Support contract renewals, vendor reviews, and procurement-related escalations.





- Ensure procurement activities follow internal policies, approval processes, and compliance requirements.

- Identify opportunities to improve procurement processes and operational efficiency.

What We're Looking For

- Minimum 5 years of experience in procurement, sourcing, purchasing, or vendor management.

- Strong hands-on experience with P2P and end-to-end procurement processes, including PR, PO, vendor onboarding, invoice validation, and PO closure.

- Proven experience in vendor sourcing, commercial negotiation, onboarding, and relationship management.

- Good understanding of commercial terms, contracts, and procurement practices.

- Robust analytical skills with experience in spend analysis, cost optimization, and procurement reporting.

- Experience with P2P, procurement, or vendor management tools.

- Strong stakeholder management and communication skills.

- Ability to manage multiple priorities in a fast-paced startup environment.

- Strong ownership, attention to detail, and a cost-conscious mindset.

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.

📌 Assistant Manager - Procurement - FinBox (Bengaluru)
🏢 FinBox
📍 Bengaluru