Head Procurement - General Manager
Noida, Uttar Pradesh
Purchase – Purchase Operations /
On-roll /
On-site
About Us:
Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.
About Team:
Managing the purchase strategy, developing, and implementing the operating system, and ensuring to develop the business solution to deliver business objectives.
About the role: Responsible for ongoing management of purchasing strategy and activity and for ensuring
optimal supplier performance and price. Develop and implement a strategy to ensure the function is operating in line with the objectives of the business to add value, mitigate supply chain risk and deliver cost savings. Develop and maintain strategic supplier relationships and manage the development of contracts, contractual relationships and contract management to deliver continuous improvement in delivery of goods and services by the supply base. Managing the purchase strategy, developing, implementing the operating system, and ensuring to develop the business solution to deliver business objectives. The right candidate will lead a team of 25-30 employees.
Expectations/ Requirements:
1. Lead and manage a team of Buyers to deliver the appropriate support to the business to ensure corporate and
business development objectives are met. Work alongside the senior management team in
contributing to overall business objectives.
2. Overall responsibility for Purchasing and Cost Estimating activities across the business.
3. Create and implement best practice purchasing vision, strategy, policies, processes andprocedures to aid and improve business performance.
4. Ensure that purchasing strategies and processes are in place to meet business objectives and operational needs in terms of price, quality and delivery targets, which enables the company to function and compete effectively in the market.
5. Evaluate the challenges faced by the business and take action to mitigate risks and
develop opportunities.
6. Contribute to overall business strategy and annual budget process.
7. Take ownership of the Purchasing Policy, Guidelines and any associated documents.
General and Task Management
1. Responsible for managing relationships and negotiating with key suppliers at a senior and strategic level.
2. Oversee team day-to-day operation and performance.
3. Forecast price and market trends to identify changes of balance in buyer supplier power Seek and partner with reliable vendors and suppliers.
4. Develop an overall vendor base which creates and sustains a competitive advantage utilizing global market exploitation, leveraging spends and leveraging technologies.
5. Develop, implement and maintain a supplier relationship and evaluation process to measure effective supplier performance and compliance.
People Management
1. Provide leadership to departments under control. Coach, mentor and develop direct reports and manage a high performing team that delivers continuous improvement, added value and cost reductions.
2. Set department objectives and monitor ongoing progress and performance
3. Ensure strong communication between teams under leadership to facilitate exchange of information and to implement change and improvements.
4. Complete regular performance reviews, manage attendance, holidays, disciplinary issues, and procedures a appropriate.
Relationship Management
1. Develop and maintain strong relationships with internal and external stakeholders to ensure optimal performance.
2. Work collaboratively, negotiate, and engage with key stakeholders to facilitate delivery and compliance with the purchasing strategy.
3. Recommend solutions without compromising quality or service while optimizing cost.
4. Contribute to new business initiatives and projects and review and communicate the impact on Procurement activities.
Key Skills/Experience Required:
1. Minimum 12 years of relevant experience Proven experience in IT procurement, and process implementation.
management.
2. Strong understanding of IT hardware, software, and licensing models.
3. Takes ownership and strong leadership skills and the ability to direct the team according to company standards.
4. Proven leadership and management skills with the ability to optimize team performance and development.
5. Excellent analytical and problem-solving skills, with a focus on cost optimization and value maximization.
6. Effective communication and negotiation skills, both verbal and written.
7. Detail-oriented with a commitment to accuracy and compliance.
8. Ability to work independently and collaboratively in a fast-paced environment.
Education: Bachelor’s degree in Information Technology, Business Administration, or related field OR MBA / CA Intern, Cost Accounting is prefered
Why join us:
A collaborative output-driven program that brings cohesiveness across businesses through technology. Improve the average revenue per use by increasing the cross-sell opportunities. A solid 360 feedback from your peer teams on your support of their goals.
Compensation:
If you are the right fit, we believe in creating wealth for you with enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!
