Procurement Manager
Apparel Group
مجموع سنوات الخبرة :17 years, 3 أشهر
Heading and owning the Procurement department for Pan KSA
Devise & use fruitful Procurement policy and strategy to bring maximum cost benefit
Negotiate with external vendors and finalize the purchasing details of orders and deliverables with maximum cost optimization and with minimum budget utilization
Collaborate with senior management to ensure clarity of the specifications and management expectations
Perform risk management for supply contracts and agreements
Control spend and build a culture of long-term saving on procurement costs
Track and report key functional metrics to reduce expenses and improve effectiveness
Approving the order of goods & services
Supervising the team and ensuring that all assigned tasks are completed on time.
Coordinating with all functions and departments to identify common items purchased, conducting vendor negotiation to finalize the rate card or Contract with vendors.
Identification of new vendors and registering them in system with proper background checks.
Contribute to overall business strategy and annual budget process
Managed General Accounts, Accounts Receivable and Accounts Payable
General Accounts: -
• Maintaining of General Accounts Ledgers, Posting of transactions
• Preparing of Profit and Loss accounts, Cash flow statements and Balance Sheet
• Reporting of all Accounts, expenses, NPA’s, General Statements to the Management
• Review and reconciliation of Bank statements
• Petty Cash Management
• Maintaining financial historical records by filing accounting documents. Maintaining Financial security by following internal accounting controls and Database backup,
Accounts Receivable: -
• Preparing, reviewing, monitoring and reporting of accounts receivable statements
• Informing the due dates and follow-up with customers regarding the payments
• Preparation and reporting of payment due but not received reports
• Posting of all accounts receivable entries in the system
• Preparing and reporting of bad debts and provision reports
Accounts Payable: -
• Receiving and filing of bills
• Preparation and reporting of bills due statements
• Preparation and reporting of bills due but not paid statements and payment follow-ups
• Posting of all accounts receivable entries in the system
• Attending customer enquiries and status of payments
• Obtaining the necessary approvals from the concerned departments regarding the payments
Deliver Commercial & Procurement Support to departments & business units, specialized in Facility, Projects (Capex), Supply Chain, Warehouse & IT.
Inviting suppliers for negotiation as per the department & business unit’s requirement.
Finalizing and awarding the vendor with best rates and services with the cost optimization with minimum budget utilization
Coordinating with all functions and departments to identify common items purchased, conducting vendor negotiation to finalize the rate card or Contract with vendors.
Owning the DOA approval Matrix for all financial process of the company
Identification of new vendors and registering them in system with proper background checks.
Supervising the team and ensuring that all assigned tasks are completed on time.
Conducting management presentations before the senior management
Identified as Business Champion (Pan KSA) for implementing new ERP S2P2P (Source To Procure To Pay) an end to end Oracle Cloud based Sourcing, Purchasing & Payment Module.
o Overseeing administration of the Finance department and coordinating with all department & functions for smooth function
o Vendor Management, Vendor Negotiation & Contracts Management
o Budget forecasting, allocation & spend analysis of all departments
o Supervising preparation of MIS and reconciliation reports
o Coordinating with Banks and other Financial Institutions for transactions & funding requirements.
o Supervising preparation and collection of Market updates
Key Deliverables: Ensuring productivity of the operations team at branch in CASA, Investment Products, Cross Sell and enhancement of existing customer relationship. Ensuring high levels of compliance in regulatory and policy perspectives. Maintaining high level of customer satisfaction, retention and thereby enhancing cross sell references. Monitoring functions like account opening, cash, clearing, remittances, trade operations Managing teams in opening of Current, Savings & NRI accounts and ensuring scrutinizing for adherence of Know Your Customer Norms. Handling Cash Management Services (CMS) for corporate customers and their cheque clearance for tax collection and reconciliation operations at the branch. Generating revenue through sales of Insurance, Mutual Funds, Structured Products & other bank products, identifying the FPR (First Person Responsible) processes in the branch and successful implementation. Processing and reconciliation of all Direct Tax applications Statutory bank audit check list preparation, supporting and ensuring a good audit rating Processing and settling customer Death Claim application and filing control returns Receiving, processing and settling all expenses of the branch within the deadline Generating statements, reviewing, reconciling, controlling and monitoring all branch office accounts
Key Deliverables: Dealing with complaints/queries and turnaround times in order to ensure high level of customer satisfaction, retention and thereby capturing larger wallet share. Conducting smooth handling of departments like account opening, cash, clearing, remittance, domestic bill clearance and trade operations. Opening of Current, Savings & NRI accounts and scrutinizing the same and ensuring adherence of Know Your Customer Norms. Handling Cash Management Services (CMS) for corporate customers and their cheque clearance for tax collection and reconciliation operations at the branch. Assuring regulatory compliance & procedural compliance; authorizing of transactional entries & checking of reports (Daily, Fortnightly, Monthly & Quarterly).