Senior Executive - Finance

Job Title: Senior Executive – Procurement Operations
Location: Malad West, Mumbai
Department: Global Commercial Team
Reports To: Dipti Naidu (VP – Procurement)

Role Overview:

We are seeking an energetic and detail-oriented professional to join our Procurement team as Senior Executive – Procurement Operations. This role will focus on driving operational excellence, process automation, delivery tracking, compliance, supplier onboarding and management, ESG integration, and financial reporting to support the organization's strategic procurement goals.

Key Responsibilities:

• Procurement Automation:
• Lead and coordinate automation projects in collaboration with software development teams to enhance the functionality and user experience of the FirstProcure tool.
• Drive continuous improvement by gathering buyer/user feedback, defining technical requirements, and overseeing implementation cycles to ensure alignment with procurement objectives.
• Manage and optimize in-house procure-to-pay (P2P) tools to improve operational efficiency, data accuracy, and cost-effectiveness.
• Leverage process automation and system enhancements to reduce manual intervention, accelerate procurement cycles, and support scalable, compliant procurement operations.
• Process Improvement & Green Belt Projects:
• Identify, lead, and implement process improvement initiatives across the procure-to-pay (P2P) cycle to enhance operational efficiency, ensure compliance, and minimize cycle times.
• Conduct thorough analysis of existing procurement workflows to identify bottlenecks, pain points, redundancies, and control gaps. Collaborate with cross-functional teams to design and standardize optimized processes, leveraging automation tools to streamline transactional tasks. Ensure all improvements align with organizational procurement policies, audit requirements, and applicable regulatory standards to support sustainable, compliant operations.
• Conduct Green Belt Six Sigma projects to enhance overall procurement process effectiveness.
• Supplier Governance & Audit Compliance:
• Act as the Single Point of Contact (SPOC) for procurement audits, ensuring strict adherence to compliance protocols, procurement policies, and financial governance standards.
• Coordinate audit activities by liaising with internal auditors, external reviewers, and relevant departments to provide timely and accurate documentation. Ensure transparency across sourcing processes, contract management, and supplier engagements.
• Identify audit findings, drive the implementation of corrective actions, and support continuous improvement initiatives to strengthen internal controls and mitigate procurement-related risks.
• Financial Reporting and Analysis:
• Conduct detailed financial analysis, including spend analysis, savings tracking, and procurement-related MIS reporting, to identify cost-saving opportunities and optimize turnaround times.
• Analyse procurement data to uncover trends, inefficiencies, and areas for improvement, ensuring a clear view of budget adherence and value delivery. Develop and present insightful reports and interactive dashboards, providing actionable visibility into key procurement metrics, supplier performance, and category spend.
• Environmental, Social, and Governance (ESG) Initiatives:
• Lead and manage ESG-related projects within the procurement function, aligning with organizational sustainability goals.
• Vendor Management:
• Manage Delivery Tracking and Supplier onboarding related activities
• Foster strong vendor relationships, monitor vendor performance, and drive initiatives for continuous improvement.
• Manage vendor reviews to ensure alignment with organizational goals, identify areas for enhancement, and promote strategic partnerships.
• E-Auctions & Cost Optimization:
• Conduct online auctions using SAP Ariba or equivalent tools to drive competitive bidding and achieve cost savings.
• Post-auction, generate reports and provide data-driven insights to inform sourcing decisions.
• MIS & Presentations:
• Develop and deliver periodic MIS reports and executive presentations for senior leadership, highlighting procurement performance and opportunities.

Desired Profile:

• Bachelor’s degree in Commerce, Business Administration, Supply Chain, or a related field (MBA preferred).
• 4–7 years of experience in Procurement Operations, with a strong focus on automation, reporting, and compliance.
• Experience with procurement tools like SAP Ariba, Coupa, or similar platforms.
• Strong analytical skills with hands-on experience in analysis and reporting.
• Familiarity with ESG frameworks and sustainability initiatives in procurement.
• Certified Green Belt in Six Sigma (preferred).
• Excellent communication, presentation, and stakeholder management skills.
• Proficiency in MS Excel, PowerPoint, and data visualization tools.

Key Competencies:

• Process Orientation and Attention to Detail
• Stakeholder Management
• Strategic Thinking and Problem Solving
• Change Management and Agility
• Financial Acumen
• Collaboration and Teamwork