Procurement Lead - Leadspire Consulting

Location: Malad West, Mumbai.

Qualification: Graduate/Post Graduate in Commerce/Supply Chain.

About the Role:

We are seeking a dynamic and detail-oriented professional to join our Finance team as a Procurement Lead.

The ideal candidate will play a critical role in managing commercials, working closely with the procurement and vendor management teams to ensure cost optimization, process compliance, and effective P2P (Procure-to-Pay) cycle management.

Key Responsibilities:

- Develop and implement procurement and supply chain strategies aligned with the company's goals and objectives.

- Lead initiatives to enhance efficiency, reduce costs, and improve overall supply chain performance.

- Establish and maintain strong relationships with suppliers and vendors. Negotiate contracts, manage supplier performance, and ensure the timely delivery of quality materials and services.

- Manage and coordinate contractors, subcontractors, and vendors to meet project milestones.

- Oversee inventory planning and management to ensure optimal stock levels. Implement systems to track and manage inventory effectively, reducing excess and obsolete stock.

- Manage logistics and transportation to ensure the efficient movement of goods from suppliers to our facilities. Optimize logistics processes to minimize delays and costs.

- Work closely with engineering, production, and sales teams to align supply chain activities with production schedules and customer demands. Address any supply chain issues that impact project timelines or customer satisfaction.

- Ensure compliance with industry regulations and standards. Identify and mitigate risks associated with the supply chain, including potential disruptions or compliance issues.

- Prepare and present reports on procurement and supply chain performance to senior management.

- Lead, mentor, and develop a high-performing procurement and supply chain team. Foster a collaborative and result-oriented work environment.

Key Skills and Competencies:

- Strong commercial acumen with negotiation and analytical skills.

- Proficiency in financial modeling, cost analysis, and budget management.

- In-depth knowledge of P2P lifecycle and vendor payment processes.

- Excellent communication, stakeholder management, and interpersonal skills.

- Ability to handle multiple vendors, contracts, and dynamic pricing structures.

- Proficient in MS Excel, ERP systems like Tally ERP.

Preferred Attributes:

- Prior experience in a commercial finance role working closely with procurement or sourcing.

- Experience in managing large volumes of vendor interactions and contracts.

- Exposure to compliance, internal audits, and documentation best practices.

- Familiarity with GST, TDS, and other statutory financial regulations impacting procurement.