Purchase Executive - Finance

Role & responsibilities

• Review And Approve Purchase Orders Raised By Various departments/functions.
• Validate Pos For Quantity, Pricing, Terms, Taxes, Budget Availability, Cost Centre, Vendor Details And Supporting documentation.
• Analyse The Commercial And Financial Rationale Behind Purchase Requirements Before approval.
• Review Historical Purchase Prices And Identify Price Deviations, Unusual Increases And Potential Cost Saving opportunities.
• Analyse Vendor Dependency/concentration And Identify Risks Arising From Excessive Dependence On Specific vendors.
• Review Vendor-Wise Purchase Volumes, Pricing Patterns, Payment Terms And Purchase trends.
• Identify Opportunities For Vendor Consolidation, Alternate Sourcing, Negotiation And Cost optimisation.
• Check Whether Purchases Are Within Approved Budgets And Highlight Exceptions Or deviations.
• Coordinate With Purchase, Operations, Accounts And Business Teams To Resolve Po Related Queries And discrepancies.
• Monitor Recurring Purchases And Identify Areas Where Procurement Costs Can Be reduced.
• Develop Periodic MIS On Pos, Vendors, Purchase Value, Price Variations, Budget Utilisation And Cost savings.

Preferred candidate profile

We are looking for a Purchase Executive - Finance with an MBA (Full-Time) and minimum 1 year of relevant experience in purchase finance, procurement, or commercial operations. The candidate should have hands-on knowledge of SAP, strong analytical skills, and an understanding of PO validation, budgeting, vendor analysis, and cost optimisation. Candidates residing near NSP, Pitampura will be preferred.