The Job:
- Collaborate with cross-functional teams to understand procurement needs and ensure timely procurement of goods and services.
- Conduct financial analysis to evaluate vendor pricing, terms, and contracts to optimize cost-effectiveness.
- Maintain accurate records of procurement transactions, invoices, and payments.
- Perform account reconciliations and resolve discrepancies in a timely manner.
- Monitor and evaluate vendor performance, identifying areas for improvement and cost savings.
- Assist in budgeting and forecasting related to procurement activities.
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Generate reports and provide data analysis to support decision-making and process improvement initiatives.
- Stay updated on industry trends and best practices in procurement and financial management.
Requirements:
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams and vendors.
- Commitment to maintaining confidentiality and integrity in handling financial information.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Proven experience in procurement accounting or financial analysis.
- Solid understanding of procurement processes, vendor management, and contract negotiation.
- Proficiency in financial analysis tools and software.
Knowledge of accounting principles and practices.
- Familiarity with ERP systems and procurement software is preferred.
- Advanced proficiency in Microsoft Excel for data analysis and reporting.
