Varun Beverages Limited / RJ Corp - Risks & Controls Role

Company Name : Varun Beverages Ltd Function : Procurement

Role : Risks & Controls Role Level : M06 / M07

Reports To : Manager Level :

About Us :

VBL is part of the RJ Corp group, a diversified business conglomerate with interests in beverages, quick-service restaurants, ice-creams, and healthcare. VBL is one of the largest franchisee of PepsiCo in the world (outside USA); with over 3 decades of association with PepsiCo. In India, VBL is a key player in the beverage industry in India with presence in 27 states & 7 union territories. Our overseas operations span across Indian subcontinent (Nepal & Sri-Lanka) and Africa.

Purpose of the role :

Responsible for driving cost optimization, ensuring robust controls, and managing risks within the procurement function. This role is important in aligning procurement activities with the company's strategic goals and ensuring compliance with regulatory standards. This role will lead initiatives to enhance efficiency, mitigate risks, and deliver sustainable cost savings, all while maintaining the highest levels of quality and service.

Key Deliverables :

Control and Compliance :

• Establish and implement procurement policies and procedures to ensure compliance with corporate standards and regulatory requirements.
• Implement and monitor internal controls to safeguard the organization against risks such as fraud, waste, and non-compliance.
• Conduct regular audits of procurement processes to ensure adherence to established protocols and identify areas for improvement.
• Ensure the procurement process is efficient, transparent, and compliant with internal policies and external regulations.

Cost Optimization :

Budget Management :

Risk Management :

Innovation and Continuous Improvement :

Role Requirements

Qualification : CA / Masters degree in Finance

Experience :

(ref : iimjobs.com)