Senior Procurement Executive

Job Title: Senior Executive / Lead 

Location: Bengaluru
Employment Type: Full-time
Team: Infra Cost Center & Procurement

Role Overview

We are looking for a seasoned professional to build and manage the organization’s Infrastructure Cost Center, ensuring effective financial planning, procurement governance, vendor management and subscription lifecycle control.

This role will drive end-to-end ownership of AOP, budgeting, procurement, contract management and cost optimisation across business units, while partnering closely with IT, DevOps, Legal, Finance and other stakeholders.

Requirements

Key Responsibilities:

• Own and manage the Infra Cost Center across business units and LOBs, ensuring clear cost visibility and control
• Drive AOP planning, budgeting and monthly forecasting (CapEx & OpEx) in close collaboration with teams
• Track budget vs actuals, proactively highlighting risks, variances and opportunities for optimization
• Build and maintain effective cost models and infra cost accounting practices
• Lead end-to-end procurement including sourcing, RFP/RFQ processes, negotiations and PO governance
• Define and maintain procurement policies, approval workflows and governance controls
• Continuously identify and drive cost optimization and strategic sourcing initiatives
• Manage the complete vendor lifecycle—from onboarding and evaluation to performance tracking and renewals
• Lead commercial negotiations to ensure the best pricing for the organisation
• Own the contract lifecycle, including drafting, negotiation, execution, renewals and repository management in coordination with Legal and Finance team 
• Ensure legal, financial and compliance alignment across all contracts 
• Manage licenses/subscriptions/tools lifecycle including renewals, termination and BU allocation
• Maintain centralised tracking of all software, tools and contracts 
• Partner closely with IT, Finance and business teams for budgeting, AOP planning and cost allocation
• Provide multi-dimensional cost reporting (BU-wise, category-wise, LOB/cost center-wise)
• Demonstrate strong understanding of IT infra, cloud platforms (AWS/GCP/Azure) and SaaS tools

Key Requirements:

• 8–12+ years in procurement, IT cost management, or finance operations (1000+ employee org preferred)
• Strong experience in AOP, budgeting, forecasting and cost center management (CapEx/OpEx)
• Hands-on expertise in end-to-end procurement (RFP/RFQ, sourcing, negotiations, cost optimization)
• Proven vendor management experience (onboarding, performance tracking, consolidation)
• Experience handling contracts across their lifecycle (negotiation, renewals, compliance)
• Exposure to SaaS/license/subscription management and cost allocation across BUs
• Good understanding of IT infra, cloud (AWS/GCP/Azure) and SaaS ecosystem
• Strong financial analysis, budgeting models and spend reporting skills
• Knowledge of procurement governance, audit and compliance (SOC2/ISO)
• Strong stakeholder management and cross-functional collaboration skills
• Excellent communication and ability to present data-driven insights
• Someone who takes ownership and can build or improve processes as the organization scales

Success Metrics:

• Budget adherence (AOP vs actuals)
• Cost savings / optimization achieved
• Procurement turnaround time and overall efficiency
• Vendor performance and contract compliance
• Forecast accuracy and reliable reporting for leadership