P3 Assistant Manager – Procurement and Operations
Mumbai
Payment – Payments India - Finance /
Full-time /
Hybrid
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.
About the Team
Our Procurement team plays a crucial role in optimizing costs and driving efficiency across the organization. Based in Mumbai, our team is responsible for managing procurement activities across various categories, ensuring adherence to best practices and compliance standards. We work closely with multiple departments to align procurement strategies with the business objectives, fostering strong relationships with vendors and suppliers to ensure timely delivery and top-notch service. Our team thrives on collaboration, innovation, and a commitment to excellence in procurement and operations.
About the Role
As the Assistant Manager – Procurement and Operations, you will be a key player in our Procurement team, focusing on the acquisition of goods and services across admin, MEP, marketing, and other general categories. Your role will include driving cost optimization initiatives, ensuring timely delivery of procurement services, and maintaining compliance with procurement policies and best practices. You will leverage your negotiation skills and experience in contract management to establish beneficial agreements with vendors. This position demands a proactive individual who is adept at process improvement, ensuring quality and synergy across business units, and contributing directly to our organizational success.
Responsibilities
- Responsible for the procurement of Admin, MEP, marketing, and other general categories.
- Drive cost optimization initiatives directly contributing to the company's P&L.
- Ensure timely deliveries of goods and services to meet organizational needs.
- Comply with Procurement Policies, Processes, and Best Practices in operations.
- Maintain accurate information for procurement operations and timely reporting.
- Ensure timely procurement of assigned categories and meet requirements from user functions.
- Apply effective procurement strategies, negotiation skills, and deliver on the organization's cost savings objectives.
- Finalize commercial terms, conditions, and robust contracts/agreements.
- Ensure satisfaction of internal and external customers through timely processing of requirements as per agreed TATs.
- Comply with the policies, processes, best practices, and other compliance norms to avoid qualified remarks from auditing agencies.
- Conduct timely reviews and reporting in line with business and other reporting requirements.
- Seek process simplification and quality improvement to enhance synergy across different business units.
Requirements
- Must have 6+ years of experience in procurement, negotiations, and handling procurement operations, with the last 4 years focused on admin, MEP, marketing, retail, and other general purchases.
- Experience in contract/legal agreements negotiations and closures is essential.
- Should have worked in large corporates or listed companies for at least 3 years.
- Preferably an Undergraduate Engineer from a reputed university or a Commerce Graduate with an MBA from a reputed B-School.
- Proficiency with digital tools such as SAP/Oracle, Power BI/Tableau, MS Office 365, Excel advanced skills, and good communication skills.
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 www.payu.com
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.
