Embassy Careers

Procurement Manager (Reconciliation & Accounting)

  • operation Procurement
  • operation Bengaluru

COMPANY: NEPL

Job Purpose:

The Position will be responsible for managing the procurement-back office process, accounting bills ,- allocate budget to projects, monitor actual to budgets, issue purchase orders, work with the reporting manager, Audit and MIS to obtain approval of payments and coordinate with Vendors for payments and record procurement transactions on SAP. Manager procurement will work closely with Project teams, Finance and external vendors

  • INTERNAL INTERFACE: Finance Team / Project teams / Treasury team
  • EXTERNAL INTERFACE: Group Vendors

Key Responsibilities:

  • Coordinating for budget approvals for Projects
  • Budget reconciliation of all Residential and Commercial projects
  • Reviewing on going contracts
  • Create work order as per approved budget
  • Accounting bills in SAP (SR/IR )
  • Coordination with PMC for monthly provision
  • Assisting in monthly Book closure
  • Vendor Master Management in SAP
  • Addressing Audit queries
  • Reviewing Purchase request and pricing, ensure it is line with standard terms and conditions
  • Monitor contract amendment /open contract and report periodically
  • Help Treasury with cash flow planning by projecting Project related payment forecasts
  • Coordinate and create Project codes in SAP
  • Co-ordination with SAP Team for new developments
  • Prepare standard MIS that would include work order status, cash flow projections, PO status, certified bills for payment, etc on a periodical basis to Finance and Treasury team copied to CFO
  • Coordinate with Vendors and keep them in communication loop
  • Ensure PF / ESI rules are adhered to by sub-contractors and reported back. In case of deviations, take corrective action

Qualifications and Work Experience:

BCom with minimum 10+ years’ experience in Procurement. SAP MM Module experience is a must.

Knowledge, Skills and Competencies:

  • Excellent interpersonal skills and an ability to build strong relationships with partners
  • Excel Acumen
  • Self-starter with focus on results
  • Collaboration and working through others
  • Business acumen
  • Effective communication skills – Written and Verbal
  • Planning and organization
  • Ability to influence
  • Negotiation skills
  • Conflict resolution
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