Job Posting for Information Technology Procurement Manager at Indiabulls Securities Limited
Designation: Manager - IT Procurement
Location: Gurgaon (On-site)
Key Deliverables / KPIs / Matrices:
Ensure purchasing strategies and processes are aligned with business objectives and operational needs (price, quality, and delivery targets) to enable effective market competition.
Establish and enforce IT procurement policies, define scalable processes, and strengthen compliance frameworks.
Lead the entire IT Capex and Opex spend for the group.
Manage the sourcing team, develop sourcing strategies, lead large-scale negotiations, and manage strategic vendor relationships.
Drive IT planning and budgeting processes on a quarterly basis.
Oversee the day-to-day procurement operations, including Source-to-Contract and Requisition-to-Pay cycles, ensuring efficiency and value generation for IT.
Act as a SPOC (Single Point of Contact) for IT vendor negotiations, vendor selection, PO releases, and ensuring timely payments.
Develop and maintain a supplier relationship management and evaluation process to ensure supplier performance and compliance.
Handle partner payment issues proactively and ensure their timely resolution.
Drive IT cost reduction initiatives and business process improvements.
Ensure strict adherence to the Company's Spend & Transaction Policy.
Conduct all procurement and vendor management activities with the highest ethical and professional standards.
Desired Skills:
Experience: Minimum 10 years in IT Procurement and Financial Diligence.
Strong vendor management and negotiation skills.
Excellent planning, research, and organizational abilities.
Deep knowledge of vendor networks across multiple locations for faster procurement cycles.
Experience working in a dynamic, fast-paced, and growing startup environment.
Proficient in procurement technical tools like SAP or equivalent ERP platforms.
Strong exposure and experience in IT product procurement and vendor negotiations.
Team management and leadership skills.
Persona:
A professional with 10 years of experience in IT procurement with strong financial acumen.
Proven experience with IT sourcing strategies, cost optimization, and supplier relationship management.
Hands-on experience with procurement process automation tools and platforms.
Ability to manage a team, handles multiple priorities, and work effectively under tight deadlines.
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