Lead Associate | Sourcing & procurement | Hyderabad | Supply Chain & Network Operations

Lead Associate will be responsible for ensuring completion of delivery of day-to-day transactions and activities within Procurement function (for e.g., Invoice Processing, Vendor Management, Travel & Expense Management, Accounts Payable, Purchasing, PO Processing (Creation and placement), Change Request, Management Reporting, Analysis, Customer Support / Vendor Support - Voice calling, Supplier Sourcing and Research, Supplier Selection and Negotiation)Key responsibilities for the Lead Associate will include: Performance and day-to-day delivery of Procurement processes, sub-processes, activities, and transactions2) Principal AccountabilitiesPrimary ResponsibilitiesSupporting ActionsService DeliveryKnowledge to perform and deliver one or more of the following Procurement activities:Invoice ProcessingoInvoice Processing, review, and processing of vendor invoices accurately and in a timely manneroInvoice matchingoExperience with 3-way matchingPurchasing / POoPurchasing ConfirmationoPurchase order creation and placementoPurchase order enter, update, approvaloPurchasing PO Discrepancy ResolutionoNew Item Request ProcessoChange Item Request ProcessoCustomer Service RequestsoVendor Management including Issue ResolutionCustomer ServiceoCustomer Service RequestsoCustomer support / vendor support (Voice Calling)oCustomer Service Follow-upsoInvoice pre-processing (Receiving)Vendor ManagementoResponding to vendor inquiries and resolution of discrepancies in a timely and professional manner.oMaintaining positive relationships with vendors to facilitate smooth transactions.oReconciling statements and resolving discrepancies with vendorsTravel and Expense ManagementoReviewing and processing employee expense reports, ensuring compliance with company policies.oVerifying receipts and reconciling expense claims with supporting documentation.Accounts PayableoMaintain accurate and organized records of accounts payable transactions.oAssist in month-end closing activities related to accounts payable.Provide necessary documentation and reports for financial reporting.Ensure compliance with company policies, accounting principles, and relevant regulations.Stay informed about changes in accounting standards and best practices in Procurement functionSupport to Team LeadSupport Team Lead (as required) in areas such as:Operational ExcellenceProcess ImprovementsReporting3) Attributes RequiredExperienceQualifications: B. Com / BBA / BMS or similar three-year graduate courseM.Com / CA Inter4-6 years of previous work experienceBasic / working knowledge of Procurement processes and applicationsWorking knowledge of MS Office and other computer applicationsEffective communication, problem solving and analytical skillsPrior experience in BPO sector (preferred)B. Com / BBA / BMS or similar three-year graduate courseM.Com / CA Inter