Manager - Procurement

CoinDCX; Bengaluru; On-site; INR 1,400,000 - 2,100,000; Full time

Benefits offered by this job

Custom Benefits

Wellness Leaves

Mental Wellness

Learning Sessions

Job summary

CoinDCX is seeking a Procurement Manager to establish and run the central procurement function, owning end-to-end Procure-to-Pay processes and driving cost optimization across the organization.

You will collaborate with Finance, Legal, IT, Admin, and HR to ensure compliant purchasing, contracts, and value creation while building scalable procurement policies and governance.

Qualifications

• 6–8 years of experience in Procurement / Strategic Sourcing / P2P operations.
• Strong understanding of Procure-to-Pay lifecycle and vendor management.
• Proven experience in commercial negotiations and contract management.
• Experience working with cross‑functional teams and stakeholders.
• Knowledge of procurement compliance, financial controls, and audit practices.
• Strong analytical, negotiation, and stakeholder management skills.
• Experience with ERP / procurement tools is preferred.

Responsibilities

• Establish and manage the central procurement function for the organization.
• Own and drive the end-to-end Procure-to-Pay (P2P) process including requisition, vendor selection, purchase orders, invoicing, and payments.
• Develop and implement procurement policies, frameworks, and governance structures.
• Identify opportunities for cost optimization, vendor consolidation, and value creation.
• Ensure procurement activities are aligned with business needs, budgets, and compliance requirements.
• Partner closely with Business Finance, Admin, Legal, IT, HR, and other business teams for procurement requirements.
• Drive contract governance and documentation standards in coordination with Legal.

Skills

Procurement experience

Vendor management

Contract negotiations

Cross-functional teamwork

Procurement compliance

Analytical skills

ERP tools

Tools

ERP software

Job description

The CoinDCX Journey: Building Tomorrow, Today

At CoinDCX, we believe ‘CHANGE STARTS TOGETHER’. You are the driving force that will help us make Web3 accessible to all. In the last six years, we have skyrocketed from being India’s first crypto unicorn to carrying a community of over 125 million with us. To continue maximising the adoption and acceleration of Web3, we are now focused on developing cutting‑edge products, addressing accessibility and security challenges, and bridging the gap between people and Web3 technologies.

While we go ahead and keep dominating the Web3 world, we would like to HODL you on our team! Join our team of passionate innovators who are breaking barriers and building the future of Web3. Together, we will make the complex simple, the inaccessible accessible, and the impossible possible. Boost your innovation to an ALL TIME HIGH with us!

Inside CoinDCX’s Customer Success Team

Our Customer Success team is dedicated to ensuring our users get the most out of their CoinDCX experience. We build strong relationships, providing support and guidance to help users achieve their goals in the world of digital finance. If you’re passionate about customer satisfaction and success, join us in creating exceptional experiences that turn users into advocates.

We are looking for a Procurement Manager to establish and manage the organiaation’s procurement function. This role will be responsible for building and governing the end-to-end Procure-to-Pay (P2P) process, managing vendor relationships, driving cost optimisation, and setting up procurement policies and frameworks. The individual will act as the single point of contact for procurement across the organisation and will work closely with Business Finance, Admin, Legal, IT, and other internal stakeholders to ensure efficient purchasing, compliance, and value creation.

You need to be a HODLer of these

Mandatory:

• 6–8 years of experience in Procurement / Strategic Sourcing / P2P operations.
• Strong understanding of Procure-to-Pay lifecycle and vendor management.
• Proven experience in commercial negotiations and contract management.
• Experience working with cross‑functional teams and stakeholders.
• Knowledge of procurement compliance, financial controls, and audit practices.
• Strong analytical, negotiation, and stakeholder management skills.
• Experience with ERP / procurement tools is preferred.

Preferred:

• Ability to build and scale procurement processes from scratch.
• Strong ownership mindset and ability to work independently.
• Excellent communication and stakeholder management skills.
• Ability to manage multiple procurement categories and projects simultaneously.

You will be mining through these tasks

Procurement Strategy & Operations

• Establish and manage the central procurement function for the organization.
• Own and drive the end-to-end Procure-to-Pay (P2P) process including requisition, vendor selection, purchase orders, invoicing, and payments.
• Develop and implement procurement policies, frameworks, and governance structures.
• Identify opportunities for cost optimization, vendor consolidation, and value creation.
• Ensure procurement activities are aligned with business needs, budgets, and compliance requirements.

Vendor Management & Negotiations

• Identify, evaluate, and onboard vendors and service providers across categories.
• Facilitate commercial negotiations and contract discussions by coordinating inputs, ensuring pricing alignment, and maintaining compliance with internal frameworks.
• Build long‑term strategic vendor partnerships to ensure quality, service levels, and cost efficiency.
• Conduct periodic vendor performance reviews and maintain vendor scorecards.

P2P Process Ownership

• Drive process excellence across the procurement lifecycle, ensuring efficient intake, sourcing, and handoff into the Procure-to-Pay (P2P) process.
• Develop and roll out standard operating procedures (SOPs) and procurement workflows.
• Work closely with Finance to ensure smooth invoice processing, budget tracking, and payment cycles.
• Ensure adherence to internal financial controls, audit requirements, and compliance standards.

Cross‑Functional Collaboration

• Partner closely with Business Finance, Admin, Legal, IT, HR, and other business teams for procurement requirements.
• Provide procurement guidance and support to stakeholders across the organization.
• Act as the single point of contact for all procurement‑related matters.

Governance, Policies & Compliance

• Establish procurement policies, approval matrices, and spending guidelines.
• Drive contract governance and documentation standards in coordination with Legal.
• Ensure compliance with internal policies, audit guidelines, and regulatory requirements.
• Implement procurement tracking, reporting, and dashboards for leadership visibility.

Process Improvement & Automation

• Identify opportunities to automate procurement workflows and tools.
• Implement best practices to improve procurement efficiency, transparency, and turnaround time.
• Support implementation of procurement systems or procurement modules in ERP tools if required.

Key Deliverables

• Set up a structured procurement function from the ground up.
• Roll out organisation wide procurement policies and SOPs.
• Establish a fully functional Procure-to-Pay framework.
• Create a centralised vendor database and negotiation framework.
• Drive cost savings and procurement efficiency.

Are you the one? Our missing block

• You are knowledge-hungry when it comes to VDA and Web3, always eager to dive deeper and stay ahead in this evolving space.
• The world of Web3 and VDA excites you, fuelling your curiosity and driving you to explore new opportunities within this dynamic landscape.
• You act like an owner, constantly striving for excellence, impact, and tangible results in everything you do.
• You embrace a ‘We over Me’ mindset, growing individually while fostering the growth of those around you.
• Change is your catalyst, igniting your passion to build and innovate.
• You think outside the box, unbound by limitations or doubt, always pushing the boundaries of what’s possible.

Perks That Empower You

Our benefits are designed to make a lasting impact on your life, giving you the freedom to create a work‑life balance that truly suits you.

• Design Your Own Benefit: Tailor your perk package to fit your unique needs. Whether you’re eyeing a new gadget or welcoming a furry friend into your life, our flexible benefits ensure that you can prioritise what matters most to you.
• Unlimited Wellness Leaves: We believe in the power of well‑being. Take the time you need to recharge, knowing that your health is our priority. With unlimited wellness leaves, you can return refreshed, ready to build and grow.
• Mental Wellness Support: Your mental health is as important as your professional growth. Benefit from access to health experts, free counseling sessions, monthly wellness workshops, and regular team outings, all designed to help you stay balanced and connected.
• Bi-Weekly Learning Sessions: These sessions are more than just updates—they’re opportunities to fuel your growth. Stay ahead with the latest industry knowledge, sharpen your skills, and accelerate your career in an ever‑evolving landscape.