Senior Manager - Supply Chain Finance - FMCG

Senior Manager - Supply Chain Finance

Currently we are hiring as Sr Manager_ Purchase Finance/Procurement Finance/ Supply Chain finance.

Job Location : Bangalore

Industry : FMCG/ Foods/ Beverages

Education : MBA / CA.

Job Description:

- The Senior Manager Procurement Finance will be responsible for establishing strong processes and governance in the procurement function, ensuring effective cost control measures, and maintaining optimal inventory levels.

- The Senior Manager Procurement Finance will work closely with cross-functional teams, including procurement, operations, and finance, to drive efficiency, controls and cost optimization across both outsourced manufacturing and in-house operations.

Key Responsibilities:

- Design, implement, and maintain robust procurement processes and governance frameworks.

- Collaborate with procurement and supply chain teams to develop inventory control strategies, including forecasting, demand planning, and safety stock management.

- Oversee the purchase order process from initiation to approval, ensuring accuracy, completeness, and adherence to budgetary guidelines.

- Implement and maintain a robust purchase order review system, verifying contract terms, pricing, and quantity requirements.

- Collaborate with procurement teams to ensure favourable terms and conditions with suppliers are negotiated optimizing cost savings opportunities.

- Monitor and analyse procurement costs, identifying areas of potential cost savings and efficiency improvements.

- Collaborate with cross-functional teams to develop and implement cost control initiatives.

- Conduct regular cost variance analyses and provide recommendations to management for cost optimization.

- Monitor supplier performance, conduct periodic reviews, and implement corrective actions when necessary.

Qualifications and Skills Requirements:

- MBA/CA with 5 to 12 years of proven experience in procurement finance, supply chain finance, or related roles

- Candidates from manufacturing industry in foods and beverages are preferred

- Strong understanding of procurement processes, inventory management, and purchase order management.

- Solid knowledge of financial analysis, cost control, and budget management principles.

- Proven experience in setting up and maintaining strong governance and control frameworks.

- Excellent analytical and problem-solving skills, with a keen attention to detail.

- Strong interpersonal and communication skills, with the ability to collaborate effectively with cross-functional teams.

- Demonstrated leadership abilities and the capacity to drive change and process improvements.