Procurement Manager

Bread Financial; Bengaluru; Hybrid; INR 2,000,000 - 3,200,000; Full time

Job summary

Bread Financial is seeking an experienced Manager, Procurement & Contracts in Bengaluru to lead strategic sourcing, vendor management, and contract lifecycle activities. The role focuses on technology hiring vendor management, RFP initiatives, and global governance across geographies.

You will guide a team of Leads and Analysts, drive automation initiatives, and ensure SOX controls and policy adherence while delivering cost efficiency and enhanced collaboration.

Qualifications

• Bachelor-level degree in commerce, finance, supply chain or related field.
• PMP, ITIL, CIPS, NCMA or Coupa Advanced certifications are preferred.
• 8-10 years P2P transformation experience with 3+ years in projects, mentoring or coaching.

Responsibilities

• Oversee strategic supplier relationships, lead contract negotiations, and establish governance and performance metrics.
• Manage end-to-end P2P from sourcing to supplier payments; define category strategies and ensure policy compliance.
• Establish SOX-compliant controls; lead audits and proactively manage supplier risk.
• Owner of major P2P system enhancements (Coupa, PeopleSoft, Concur); drive automation and UAT.
• Lead a team of Procurement Leads and Analysts; set goals and provide mentorship.
• Oversee spend analytics, budgeting, and financial forecasting; report to executives.
• Partner with Legal, Finance, Tax and Operations to align procurement with priorities and terms.
• Champion process optimization and digital procurement innovations across geographies.

Skills

Procurement Strategies

Category Management

ERP Systems

Contract Negotiations

Vendor Management

Spend Analytics

Financial Forecasting

Risk Management Tools

Compliance Management

Education

Bachelor's Degree Commerce, Finance, Supply Chain, or related field

Certifications in PMP, ITIL, CIPS, NCMA, or Coupa Advanced

Job description

Job Summary

• The Manager, Procurement & Contracts provides strategic and operational leadership across the full Procure-to-Pay (P2P) lifecycle, with a strong focus on supporting technology hiring vendor management and US-led RFP initiatives.
• This role owns category sourcing strategies, leads complex negotiations, and ensures robust compliance through disciplined governance, policy execution, and SOX controls.
• Partnering with Legal, Finance, HR, and global business stakeholders, the Manager drives supplier performance, optimizes total cost of ownership, and mitigates operational risk.
• The role also guides a team of Leads and Analysts to support end-to-end RFP execution, vendor onboarding, and contract lifecycle management.
• A key change leader, this position champions automation, digital procurement tools, and data-driven insights to enhance efficiency, transparency, and collaboration across geographies

Essential Job Functions

• Oversee strategic supplier relationships, lead contract negotiations, and establish performance metrics and governance reviews. Drive innovation, quality improvements, and cost optimization through strong supplier collaboration and accountability - (30%)
• Own the end-to-end procurement process from sourcing and contracting to purchase order execution and supplier payment. Define category strategies, approve sourcing frameworks, and ensure adherence to global P2P policies and SLAs. Drive consistent governance, efficiency, and compliance across regions or business unit - (25%)
• Establish and maintain SOX-compliant controls across procurement processes. Lead internal and external audits, ensure policy updates are implemented globally, and proactively manage supplier risk and contract exposure - (15%)
• Serve as business owner for major P2P system enhancements (Coupa, PeopleSoft, Concur). Approve functional designs, oversee UAT, manage change-control governance, and drive automation to enable scalable, data-driven procurement operations - (10%)
• Lead and inspire a team of Procurement Leads and Analysts. Set clear goals, monitor performance, and provide mentorship and career development. Foster a culture of accountability, innovation, and continuous improvement - (5%)
• Oversee spend analytics, procurement budgeting, and financial forecasting. Present cost-avoidance, savings, and operational performance reports to executive leadership for strategic decision-making) - (5%)
• Partner with Legal, Finance, Tax, and Business Operations to align procurement strategies with organizational priorities. Provide expert guidance on commercial terms, payment structures, and regulatory compliance - (5%)
• Champion process optimization and digital procurement innovation. Lead initiatives focused on automation, supplier enablement, and end-user adoption to enhance transparency, speed, and value delivery - (5%)

Experience Range : -

Minimum Qualifications

• Bachelors Degree Commerce, Finance, Supply Chain, or related field
• Certifications in PMP, ITIL, CIPS, NCMA, or Coupa Advanced
• 8-10 years P2P transformation, with 3+ years of project(S), mentoring and/or coaching experience

Preferred Qualifications

• 12+ years P2P transformation, with global or cross-functional leadership

Skills/Keywords : -

Skills

• Procurement Strategies
• Category Management
• Enterprise Resource Planning (ERP) Systems
• Contract Negotiations
• Vendor Management
• Spend Analytics
• Financial Forecasting
• ERP Project Management
• Risk Management Tools
• Compliance Management
• Any additional preferences : - Reports To : Senior Manager and above
• Direct Reports: 2 - 5
• Location : -Bangalore office, hybrid model