
Location: Hyderabad (Nanakaramguda / Projects across India).
Industry: Hospitality / Real Estate / Luxury Communities.
Experience: 15-20 Years (Hospitality / Hotels Mandatory).
Role Overview:
- We are looking for a highly experienced Procurement & Contracts leader to drive end-to-end sourcing, contract management, and cost optimization strategies across large-scale hospitality, wellness, and real estate projects.
- The role will be responsible for managing procurement across pre-opening, construction, renovations, and operational phases, ensuring cost efficiency, quality standards, and compliance with organizational goals.
Key Responsibilities
Strategic Procurement & Sourcing:
- Develop and implement centralized procurement strategies aligned with business objectives.
- Drive strategic sourcing, vendor consolidation, and cost optimization initiatives.
- Identify procurement opportunities across projects, operations, and new developments.
- Lead global and domestic sourcing for materials, FF&E, OS&E, and services.
Contracts & Commercial Management:
- Lead end-to-end contract lifecycle management (drafting, negotiation, execution, closure).
- Handle high-value contract negotiations with contractors, vendors, and consultants.
- Ensure commercial viability, risk mitigation, and compliance with statutory norms.
- Oversee tendering processes (RFI / RFP / RFQ / ITT) and bid evaluations.
Project Procurement (Pre-Opening & Development):
- Manage procurement for civil, MEP, interiors, and hospitality fit-outs.
- Support design, planning, and execution teams for timely project delivery.
- Ensure alignment with brand standards (luxury hotels / wellness retreats).
- Drive procurement for green / sustainable / LEED-certified projects.
Vendor Management & Supplier Development:.
- Build and maintain a strong vendor ecosystem (local & international).
- Lead supplier evaluation, onboarding, and performance management.
- Conduct e-auctions and competitive bidding to ensure best pricing.
- Develop long-term strategic partnerships with key vendors.
Budgeting, Cost Control & Cash Flow:
- Drive budget planning, cost benchmarking, and variance control.
- Monitor project and operational procurement budgets.
- Optimize cash flow, payment cycles, and working capital efficiency.
- Identify cost-saving opportunities without compromising quality.
Operations Procurement:
- Oversee procurement for ongoing hotel/resort operations.
- Manage sourcing for F&B, retail, spa, and facility management.
- Ensure uninterrupted supply chain and inventory optimization.
Compliance & Governance:
- Ensure adherence to statutory compliance, import/export regulations (EPCG/DFCE).
- Maintain procurement policies, SOPs, and audit readiness.
- Ensure ethical sourcing and governance standards.
Leadership & Stakeholder Management:
- Lead and mentor procurement and contracts teams across projects.
- Collaborate with projects, finance, design, and operations teams.
- Work closely with leadership on procurement strategy and planning.
- Engage with international brands, consultants, and partners.
Key Skills & Competencies:
- Strategic Sourcing & Procurement Leadership.
- Contract Negotiation & Commercial Acumen.
- Vendor Management & Supplier Development.
- Tendering (RFI/RFP/ITT) & E-Auctions.
- Budgeting, Cost Optimization & Cash Flow Management.
- Project Procurement (Civil, MEP, Interiors, FF&E, OS&E).
- Import/Export & Regulatory Compliance.
- Stakeholder & Cross-functional Collaboration.
Preferred Background:
- Mandatory experience in Hospitality / Hotels / Resorts / Luxury Projects.
- Experience with brands like Accor, Marriott, Hyatt, Hilton, Mahindra Holidays, etc. preferred.
- Exposure to large-scale multi-location projects and pre-opening setups.
- Experience in sustainable / green building projects is an added advantage.
Educational Qualifications:
- Bachelor's Degree (Engineering / Science / Commerce).
- Certifications in Supply Chain / Procurement / Project Management (preferred).
Why Join Ridhira Group:
- Opportunity to work on luxury wellness communities & hospitality projects.
- Exposure to end-to-end project lifecycle (design to operations).
- High-impact leadership role with strategic decision-making.
- Fast-growing organization with innovation-driven culture.
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