About Us:
Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.
About Team:
Managing the purchase strategy, developing, and implementing the operating system, and ensuring to develop the business solution to deliver business objectives.
About the role:
Procurement Specialist is responsible for procurement and management of HR/Admin or
Non-IT related goods and services to support the organization's infrastructure and
operations. This role involves liaising with vendors, negotiating contracts, and ensuring the
timely acquisition of hardware, software, and services necessary for maintaining a reliable
and efficient business operations.
Expectations/ Requirements:
Identify, evaluate, and select vendors for hardware, software, and
HR/Professional services based on quality, cost, and reliability.
Cultivate and maintain strong relationships with vendors to ensure favorable
pricing, terms, and service levels.
Negotiate contracts, licenses, and service agreements with vendors to achieve
optimal terms and conditions.
Collaborate with internal stakeholders to understand their requirements and
develop procurement strategies aligned with organizational objectives.
Generate purchase orders and ensure timely processing of procurement requests,
adhering to budgetary constraints and procurement policies.
Monitor and track the status of orders, ensuring on-time delivery and resolving any
issues or delays with vendors.
Provide pro-active support in new source identification, assessment and
evaluation as per strategic sourcing process (RFP/RFQ) followed by PO
documentation and compliance.
General and Task Management
Responsible for managing relationships and negotiating with key suppliers at a
senior and strategic level.
Oversee team day-to-day operation and performance.
Forecast price and market trends to identify changes of balance in buyer supplier
power Seek and partner with reliable vendors and suppliers.
Develop an overall vendor base which creates and sustains a competitive
advantage utilizing global market exploitation, leveraging spends and leveraging
technologies.
Develop, implement and maintain a supplier relationship and evaluation process
to measure effective supplier performance and compliance.
People Management
Provide leadership to departments under control. Coach, mentor and develop
direct reports and manage a high performing team that delivers continuous
improvement, added value and cost reductions
Set department objectives and monitor ongoing progress and performance
Relationship Management
Develop and maintain strong relationships with internal and external stakeholders
to ensure optimal performance.
Work collaboratively, negotiate and engage with key stakeholders to facilitate
delivery and compliance with the purchasing strategy.
Self-Management
Inspire and motivate the team
Knows, develops the team and consistently manages performance firmly and
fairly
Resilient, optimistic and open to change
Shows moral courage, openness and honesty in all dealings
Self-motivated and able to work well under pressure
Key Skills/Experience Required:
Bachelor’s degree in Information Technology, Business Administration, or related
field with 6+ years of experience.
Proven experience in Non-IT (HR & Admin) procurement, contract negotiation, and
vendor management.
Strong understanding of HR & Admin functions.
Familiarity with procurement processes, including purchase requisition, purchase
order issuance, and invoice reconciliation.
Proficiency in using procurement software and tools for vendor management and
contract administration.
Excellent analytical and problem-solving skills, with a focus on cost optimization
and value maximization.
Effective communication and negotiation skills, both verbal and written.
Detail-oriented with a commitment to accuracy and compliance.
Ability to work independently and collaboratively in a fast-paced environment.
Education: Bachelor’s degree in Information Technology, Business Administration, or related field.
Why join us:
A collaborative output driven program that brings cohesiveness across businesses through technology. Improve the average revenue per use by increasing the cross-sell opportunities. A solid 360 feedback from your peer teams on your support of their goals.
Compensation:
If you are the right fit, we believe in creating wealth for you with enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!
