Assistant Manager Procurement | PayU Finance India Private Limited

Credit – Credit - Credit /
Full-time /
About PayU 
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 

As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 

Thinking of becoming a PayUneer and you are curious to know more about us? Read more about the life in PayU here 

What you’ll be doing:

    • Strategic Sourcing Analytics & Support
    • ·         In this role, you will gain exposure & experience in working with cross-functional teams on various projects, ranging from spend analysis, forecasting, & consolidation. 
    • ·         Conduct quantitative & qualitative assessments to develop TCO & Should Cost models  and present your findings to key client stakeholders by leveraging presentation, data analytics, advanced Excel competencies
    • ·         Facilitate execution of end-to-end Sourcing process from requirements gathering, demand forecasting, budget baselining, value engineering, RFx development, Go - to Market strategy development, and supplier negotiation. 
    • ·         Support development of category strategies including spend, supplier & industry best practices benchmarking to drive data-driven decision making for client objectives. 
    • ·         Handling Hardware/Software, Services (i.e. AMC, Bandwidth) and Digitization (Projects) requirements. 
    • ·         Managing Spend Analysis, Market trend analysis & RFx Management, large spend and cost optimization on IT procurement.
    • ·         Responsible for conducting quantitative and qualitative assessments to develop TCO by leveraging presentations, data analytics, advanced excel competencies.
    • ·         Responsible for planning & purchasing function from procure to pay by developing OEM supplier/ vendors as per client procurement requirement of Non-IT and IT Hardware (laptop, desktop, License, Printer other capex items), IT peripherals, services and electronics goods & gadgets, Telecom products, Project set up products, office automation products etc.
    • ·         Preparing short term & long-term contract with vendors. Track each step as a Procurement SPOC within team from Procure to Pay Process (from Strategic planning, Change Management purchase requisition, release PO through SAP/Pearl/SAP Hana, delivery and analyse the deviation and compliance of process.
    • ·         Responsible for RFI/RFP/RFQ, develop Identification/selection of supplier and negotiation of prices, vendor Selection, share Scope of Work with vendor, Purchase order creation, vendor contract extension in terms of value and validity on pan India basis
    • Reporting & Procurement Operations Administration
    • ·         In this role, you will be expected to support project budget, historical spend, savings projected vs. actuals, and value delivery tracking.
    • ·         Report and update contract, supplier performance (dashboards, KPIs, SLAs, etc.), supplier risk (financial, ethics, regulatory, etc.), and life cycle management. 
    • ·         Manages day-to-day procurement processes: Purchase Requisition (PR) to Purchase Order (PO) conversion.
    • ·         Supports execution of the ad-hoc sourcing requests to provide excellent and timely customer service to all internal customers inquiring about transactional requirements, statuses, and/or general processes.
    • ·         Participate in process improvement & data optimization exercises. 
    • ·         This person will take direction from stakeholders at different levels, produce quality work with minimal detailed oversight, and report status to team leads.

What are we looking for?

    • ·         6-8 years Previous experience in Procurement
    • ·         Expert level skills with financial assessments, data assessments, MS Excel (including pivot tables), creating charts and graphs, and creating MS PowerPoint presentations
    • ·         At least 3 years of Procure-To-Pay platform experience (Ariba, Coupa, SAP etc.) is highly preferred
    • ·         Ability to work creatively and quantitatively in a problem-solving environment
    • ·         Ability to work comfortably with all levels of the organization
    • ·         Ability to work in a fast-paced team environment
    • ·         Self-starter, multi-task, flexible, demonstrating initiative and confidence
    • ·         Excellent communication skills (written and verbal), including formal presentation skills
    • ·         Good organizational, multi-tasking, and time management skills
    • ·         Strategic Sourcing Initiatives: scoping, market and supplier research, RFx (development, management, and evaluation), negotiations
    • ·         Hands on experience on procurement tools like SAP, Ariba, Coupa etc.

As an ideal candidate, you:

    • ·         MBA, SCM, Finance, Engineer (Good to have)
    • ·         Hands on experience on procurement tools like SAP, Ariba, Coupa etc D365, Material management
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 

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 of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and 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.