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Procurement Analyst
Procurement AnalystLeadspire Consulting Pvt. Ltd. • Mumbai, Maharashtra, India
Procurement Analyst

Procurement Analyst

Leadspire Consulting Pvt. Ltd. • Mumbai, Maharashtra, India
1 day ago
Job description

Role Summary

This role strengthens the commercial backbone of the Finance team. The person brings hands-on sourcing and procurement experience but works directly under Finance to manage vendor commercials, validate cost structures, maintain documentation, and keep every transaction compliant, trackable, and value-driven. The job is part numbers, part negotiation, part governance.

Key Responsibilities

Commercial Operations

  • Review vendor quotations, rate cards, cost sheets, and negotiate for cost-effective outcomes.
  • Prepare and maintain comparative statements, commercial evaluations, and approval notes.
  • Validate procurement requirements shared by project teams and ensure alignment with approved budgets.
  • Support creation of POs, Work Orders, and contract amendments with complete commercial clarity.

Vendor & Contract Management

  • Maintain vendor master data, compliance documents, and contract validity trackers.
  • Coordinate vendor onboarding with Finance (banking, GST, PAN, compliance checks).
  • Track service delivery, invoice submissions, payment timelines, and escalations.
  • Assist in drafting and reviewing basic commercial terms in agreements.
  • Financial Coordination

  • Work closely with Finance to map actual spends vs. budgets, highlight variances, and maintain audit-ready records.
  • Reconcile PO values, delivery schedules, and invoices to ensure error-free processing.
  • Maintain trackers for procurements, renewals, payment cycles, and vendor SLAs.
  • Process & Governance

  • Drive adherence to internal procurement and commercial policies.
  • Maintain transparent documentation for all commercial files for audits.
  • Identify cost leaks, incorrect billing, vendor duplication, or scope mismatches early.
  • Required Experience & Skills

  • 1-4 years in procurement, sourcing, or commercial operations.
  • Strong grip on vendor negotiations, cost comparison, and documentation.
  • Comfortable with numbers, Excel / Sheets, basic financial concepts, and PO-invoice cycles.
  • Ability to read and interpret basic commercial clauses in contracts.
  • Fast, organized, and detail-driven — someone who spots inconsistencies before others do.
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    Procurement Analyst • Mumbai, Maharashtra, India

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