Banking career | Axis Bank job in Mumbai

Centralized Procurement Team:Procurement Operations | Axis Bank


AboutFinance and Accounts:

The Finance and Accounts department at Axis is responsible for planning, organizing, auditing, accounting and controlling the Bank’s finances. The finance department produces the company’s financial statements and is responsible for compliance with government norms and tax filings


About the Role:

The Procurement Operations team is responsible for finalizing rate contract, order placements, invoice processing, sharing regular MIS with Senior Management and for Supply Chain Management. The Job Holder is expected to remain updated with new technology/ latest industry practices in procurement and share innovative/ creative ideas for increasing overall efficiency and performance of Department


Key Responsibilities

  • Initiate procurement following SOPs which includes floating enquiry, inviting quotes from market, shortlisting vendors based on credentials, past performance, referrals etc.
  • Conduct eAuctions and publish results
  • Arrange committee meetings for vendor finalizations
  • Issue Master Purchase Order and ensuring vendor compliance
  • Monitor all procurement processed to ensure same are happening as per approved SOP and as per guidelines set by internal and external regulatory bodies.
  • Conduct regular risk review
  • Proactively envisage risk (market, operational, financial) and implement mitigation measures.
  • Ensure compliance to all observations shared by Risk Department
  • Endeavor to minimize Risk score of Department
  • Regularly provide data analysis/ MIS to Senior Management which will contribute in taking business decisions
  • Ensure enhancement and automation of the processes
  • Contribute in replacing manual processes with automation wherever possible

Qualifications:

Optimal qualification for success on the job is:

CA/MBA/ B. Com from a recognized institute


Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

  • Knowledge of Order placement, invoice processing, rate contract finalization, supply chain
  • Good communication (both verbal & written) and inter-personal skill
  • Strong Excel and database manipulation skills, financial and statistical analysis skills
  • Ability to work as a part of team and contribute towards team goals

Job Description

Role/Function Centralized Procurement Team:Procurement Operations
Department Finance & Accountsh
Location Airoli, Navi Mumbai
Openings 1
Experience 10 to 14 (Years)

Skills :

Knowledge of Order placement, invoice processing, rate contract finalization, supply chain · Good communication (both verbal & written) and inter-personal skill · Strong Excel and database manipulation skills, financial and statistical analysis skills · Ability to work as a part of team and contribute towards team goals


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