A Purchasing Manager is responsible for developing and executing purchasing strategies, tracking metrics to reduce expenses, negotiating deals, and managing vendors.
They ensure clear requirements, forecast market trends, mitigate risks, and collaborate with stakeholders. Strong leadership, negotiation, and analytical skills are required.
Develop, lead and execute purchasing strategies
Track and report key functional metrics to reduce expenses and improve effectiveness
Craft negotiation strategies and close deals with optimal terms
Partner with stakeholders to ensure clear requirements documentation
Forecast price and market trends to identify changes of balance in buyer-supplier power
Perform cost and scenario analysis, and bench marking
Assess, manage and mitigate risks
Seek and partner with reliable vendors and suppliers
Determine quantity and timing of deliveries
Monitor and forecast upcoming levels of demand.
Create detailed journal entries and post them to the general ledger (GL) to track all income statements and expenses
Handle all accounts payable and receivable on a daily basis to make sure each invoice and expense report is accurate
Reconcile all business accounts to ensure our records match up and no transaction gets lost
Enter financial data into computer software, making sure all bills and invoices are filed correctly
Facilitate all incoming payments and outgoing checks, including printing, obtaining signatures for, and distributing checks as necessary
Follow up with vendors for accounts payable and keep in touch as needed for collections and ensure bills are paid on time
Prepare for quarterly reporting using standard best practices and assist in monthly closings
Assist the real estate team or other staff accountants with other accounting duties as needed
Experience : 3 - 5 Years
No. of Openings : 1
Education : B.Com, M.Com
Role : Purchase Manager
Industry Type : Real Estate / Property / Construction
Gender : Male
Job Country : India
3 - 5 Years
1 Openings
Not Disclosed
Mangalore 
Higher Boosting
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3.3 Lac/Yr
All the best! - 
