Centre of Excellence (Policy/Process and audit support) - AM/DM - Noida
Paytm Payments Services · Banking & Financial Services
- Noida, Uttar Pradesh
- On-site
- Posted today
- Finance & Accounting
- Full-time Employment
Role Overview
Responsible for strengthening procurement governance, process excellence, analytics, compliance, standardization and continuous improvement across the Purchase function. The role will drive P2P/S2P governance, procurement MIS, audit readiness, process automation and cross-functional procurement transformation.
Key Responsibilities
Develop and maintain procurement policies, SOPs, process controls, templates and approval frameworks.
Drive governance across PR → RFQ → Evaluation → Negotiation → Approval → PO → SRN/GRN → Invoice lifecycle.
Monitor PR/PO compliance, RFQ coverage, LPP adherence, retrospective procurement, and process deviations.
Develop procurement dashboards covering spend, savings, cycle time, vendor performance, ageing and compliance.
Drive savings and cost optimization through benchmarking, rate contracts, demand aggregation, vendor rationalization and negotiations.
Coordinate internal/external audits and ensure timely closure of procurement observations.
Identify and implement automation and digitization opportunities across procurement processes and systems.
Establish vendor governance, performance management, and procurement risk-control frameworks.
Work closely with Business, Finance, IT, Legal, Project, Operations, Risk, and Compliance teams.
Drive procurement training, process improvement initiatives and continuous improvement projects.
Key KPIs
P2P/S2P compliance and reduction in process deviations
PR-to-PO cycle-time improvement
Savings and cost avoidance
Audit and compliance closure
Vendor performance and risk compliance
Automation and process improvement initiatives
Accuracy and timeliness of procurement MIS
Qualification & Experience
Graduate in Engineering, Commerce, Business, Supply Chain, or related discipline. MBA/PGDM preferred.
5–7 years in Procurement Excellence, COE, Governance, P2P Transformation, or Analytics.
Experience in technology, fintech, e-commerce, BFSI, telecom, or large corporate environment preferred.
Key Skills
Procurement Governance | S2P/P2P | Strategic Sourcing | Spend Analytics
Advanced Excel | Power BI/Tableau | ERP/Procurement Tools
SOP & Process Design | Audit & Compliance | Vendor Management
Process Automation | Cost Optimization | Stakeholder Management