Purchase Manager

Somayaji Estates Pvt Limited

3 - 5 Years
1 Openings
Not Disclosed
Mangalore
Face-to-Face interview

Key Skills

Preparing Order Quotations Accounts Incharge Purchase Manager

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Job Description

A Purchasing Manager is responsible for developing and executing purchasing strategies, tracking metrics to reduce expenses, negotiating deals, and managing vendors.

They ensure clear requirements, forecast market trends, mitigate risks, and collaborate with stakeholders. Strong leadership, negotiation, and analytical skills are required.

Develop, lead and execute purchasing strategies

Track and report key functional metrics to reduce expenses and improve effectiveness

Craft negotiation strategies and close deals with optimal terms

Partner with stakeholders to ensure clear requirements documentation

Forecast price and market trends to identify changes of balance in buyer-supplier power

Perform cost and scenario analysis, and bench marking

Assess, manage and mitigate risks

Seek and partner with reliable vendors and suppliers

Determine quantity and timing of deliveries

Monitor and forecast upcoming levels of demand.

Create detailed journal entries and post them to the general ledger (GL) to track all income statements and expenses

Handle all accounts payable and receivable on a daily basis to make sure each invoice and expense report is accurate

Reconcile all business accounts to ensure our records match up and no transaction gets lost

Enter financial data into computer software, making sure all bills and invoices are filed correctly

Facilitate all incoming payments and outgoing checks, including printing, obtaining signatures for, and distributing checks as necessary

Follow up with vendors for accounts payable and keep in touch as needed for collections and ensure bills are paid on time

Prepare for quarterly reporting using standard best practices and assist in monthly closings

Assist the real estate team or other staff accountants with other accounting duties as needed

Experience
3 - 5 Years
No. of Openings
1
Education
B.Com, M.Com
Role
Purchase Manager
Industry Type
Real Estate / Property / Construction
Gender
Male
Job Country
India
Type of Job
Full Time
Work Location Type
Work from Office

About Somayaji Estates Pvt Limited

Somayaji Estates Pvt Ltd emerging as one of the successful real estate promoters from the coastal city of Karnataka. A premier commercial cum residential complex in Bendoorwell, a commercial shop in Mangalore, based real estate firm, Somayaji Estates was established to bring marginal homemakers to the forefront of enjoying luxury. Somayaji Estates enjoys a track record of over decades of successful functioning and has grown into one of the most trusted in the real estate segment of Mangalore.

Somayaji Estates has, over the years, striven consistently to provide quality living places to the people in and around Mangalore city by accurately understanding client requirements and providing them with personalized solutions to meet their specific individual needs. Today Somayaji Estates Pvt Ltd has its headquarters in Bangalore and its sister concern Essel Builders in Mangalore. Flats in Mangalore for sale to our clients have executed some of the esteemed projects.