Senior Procurement Executive

Role Overview

This position involves managing procurement operations, including vendor coordination, material acquisition, and financial tracking to ensure smooth project execution.

Key Responsibilities

• Obtain Bill of Materials from the Design team and solicit quotations from multiple vendors.
• Develop and continuously update a cash flow plan to support project financial management.
• Prepare comparative price analyses and present them to management for decision-making.
• Issue purchase and work orders to vendors including setting appropriate payment terms and delivery schedules.
• Coordinate with the accounts department to arrange advance payments and ongoing vendor payments as per agreed terms.
• Ensure timely delivery of materials through regular follow-ups with suppliers.
• Schedule and oversee inspections of materials upon vendor readiness.
• Manage timely receipt and condition of materials by coordinating with vendors and transporters, also ensuring invoice collection.
• Record all vendor invoices into the SAP system accurately.
• Handle procurement related to operational expenses (OPEX).
• Maintain and update a comprehensive vendor database.
• Oversee insurance for work activities, personnel, and material movements.
• Analyze and fulfill various project requirements regarding utilities, procurement, and overall procurement and logistics monitoring to guarantee on-time project completion.
• Implement and document procurement procedures, manage contracts and commercial activities regarding equipment and related items.
• Engage with vendors for effective resource utilization and cost monitoring.
• Produce management reports and vital performance metrics; manage supplier relationships including onboarding new suppliers.
• Maintain detailed worksheets tracking payments against purchase orders and inventory; update these daily.

Eligibility Criteria

Applicants should possess a B.Tech or B.E. degree in Mechanical Engineering, Civil Engineering, or Electrical Engineering.