P3 Assistant Manager - Procurement & Operations

About the Team

The Procurement department at our organization plays a critical strategic role in driving business efficiency and cost optimization. As part of our centralized procurement team in Mumbai, you will join a dynamic group of professionals who collaborate closely with various business functions to ensure smooth operations while maintaining quality standards and cost-effectiveness. The team prides itself on building strong vendor relationships, implementing innovative procurement strategies, and delivering measurable value to the organization's bottom line.

About the Role

As an Assistant Manager of Procurement & Operations, you will be responsible for end-to-end procurement activities across multiple categories including Admin, MEP, Marketing, and other general categories. This role is pivotal in driving cost optimization initiatives that directly impact the company's P&L. You will ensure timely delivery of goods and services while maintaining compliance with procurement policies and best practices. Additionally, you'll be responsible for maintaining accurate procurement data and generating timely reports for management decision-making.

Responsibilities:

• Execute procurement activities for assigned categories (Admin, MEP, Marketing, and general requirements) in alignment with business needs and timelines
• Develop and implement effective procurement strategies, tactics, and negotiation approaches to achieve organizational cost-saving objectives
• Negotiate favorable commercial terms and conditions, and establish comprehensive contracts/agreements with vendors
• Process requirements within agreed TATs to ensure high satisfaction levels among internal business teams and external vendors/agencies
• Ensure strict compliance with company policies, processes, best practices, and other regulatory norms to maintain audit readiness
• Prepare and submit timely reviews and reports as per business and management requirements
• Identify opportunities for process simplification and quality improvement to create synergies across different business units
• Maintain productive relationships with vendors and internal stakeholders
• Conduct regular market analysis to stay informed about pricing trends and supplier capabilities

Requirements:

• 5+ years of experience in procurement, negotiations, or procurement operations, with at least 4 years specifically handling Admin, MEP, Marketing, Retail, and other general purchases
• Proven experience in contract negotiation and legal agreement closures
• Minimum 3 years of work experience in large corporate or listed companies
• Educational qualification: Preferably an undergraduate Engineering degree from a reputed university OR a Commerce graduate with MBA from a reputed B-School
• Proficiency in digital tools including SAP/Oracle, Power BI/Tableau, MS Office 365, and advanced Excel skills
• Strong analytical and problem-solving abilities
• Excellent negotiation and communication skills
• Detail-oriented with the ability to manage multiple procurement projects simultaneously
• Knowledge of procurement best practices and industry standards

What we offer?

• A positive, get-things-done workplace
• A dynamic, constantly evolving space (change is par for the course – important you are comfortable with this)
• An inclusive environment that ensures we listen to a diverse range of voices when making decisions.
• Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale
• Access to 5000+ training courses accessible anytime/anywhere to support your growth and development (Corporate with top learning partners like Harvard, Coursera, Udacity)

About us:

At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high growth markets the financial services and products they need to thrive. Our expertise in 18+ high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs to offering credit to underserved individuals, to helping merchants buy, sell, and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more at www.payu.com

Our Commitment to Building A Diverse and Inclusive Workforce

As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive, and safe environment, for all our people, communities, and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility, and unbiased attention to every PayUneer so they can succeed, irrespective of gender, color, or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities, or the LGBTQ communities.