Procurement Manager Finance

Hindustan Coca Cola Beverages (HCCB)

Bengaluru

On-site

INR 4,000,000 - 7,000,000

Full time

3 days ago

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Job summary

Hindustan Coca Cola Beverages (HCCB) in Bangalore is seeking a National Manager - Procurement Finance to lead budgeting, forecasting, spend management, and financial analytics for procurement.

You will partner with Procurement, Finance, and Supply Chain teams to drive savings, stabilize working capital, and strengthen governance, controls, and reporting through dashboards and MIS for senior leadership.

Qualifications include CA/CMA/MBA and 8-16 years of relevant experience.

Qualifications

CA/CMA/MBA qualification
8–16 years of experience in procurement/finance role
Strong understanding of budgeting, forecasting, and spend analytics

Responsibilities

Lead procurement budgeting and forecasting activities
Monitor spend vs. budgets and identify risks/opportunities
Provide financial insights to improve procurement efficiency and cost competitiveness
Develop dashboards and MIS reports for leadership review
Strengthen financial controls, governance, and contract compliance
Drive working capital optimization through terms, inventory, and cash flow strategies
Collaborate with cross-functional teams to enable procurement decisions
Support procurement strategy development and supplier negotiations

Skills

Procurement Finance

Financial Analysis

Vendor Evaluation

Stakeholder Management

Cost Reduction

Dashboard & MIS

Education

CMA

MBA

Tools

SAP

Oracle

Ariba

Coupa

Power BI

Advanced Excel

Job description

Role & responsibilities

Position: National Manager - Procurement Finance

Reporting-- VP - BSS, Treasury & Procurement Finance

Location: Bangalore

Why Join HCCB?

Welcome to the world of HCCB!

We are a story of SOUL and SCALE, HEAD and HEART, STEEL and TECHNOLOGY, PEOPLE and COMMUNITY. Our operations started in 1997 with the simple aim of making beverages for the India of the 21st century. Two decades later, we are one of Indias top FMCG companies. Only because fellow Indians, who have faith in the quality and purity of our products, pick our beverages, 439 times per second. Our 15 factories, spread across India, manufacture the beverages that India wants. And if it is about India, we better make the best. With stringent processes, world-class machines, state-of-the-art equipment, and the best packaging materials, we make 68 different beverage products in multiple categories. In doing so, we strive to leave things better than we first inherited. Be it by skewing our energy sourcing towards renewable and clean energy, or collaborating with the local communities, to make their lives better.

We are HCCB, we are Inspired by India.

To read more about us on www.hccb.in or follow our social media handles.

Job Description:

Objective:

Ensure effective budgeting, forecasting, and spend management for procurement-related expenditures.
Validate, monitor, and track procurement savings realization and report the financial impact of sourcing initiatives.
Provide financial analysis and commercial insights to support sourcing strategies, vendor evaluations, and contract negotiations.
Strengthen financial controls, compliance, and governance frameworks across procurement processes.
Deliver actionable analytics, spend insights, and management reports to support business and procurement decision-making.
Partner with cross-functional stakeholders including Procurement, Finance, Supply Chain, Operations, and Business teams to enhance operational and financial efficiency.
Drive working capital improvement initiatives through effective payment terms management, inventory optimization, and cash flow enhancement.
Support the development and implementation of procurement strategies aligned with organizational goals and profitability objectives.
Identify opportunities for process improvement, automation, and enhanced spend visibility across procurement categories.
Ensure adherence to company policies, procurement guidelines, and audit requirements.

Financial Business Partnering

Partner with Procurement, Supply Chain, and Business stakeholders for financial decision-making.
Support category managers in evaluating sourcing strategies and vendor commercial proposals.
Provide financial insights to improve procurement efficiency and cost competitiveness.

Budgeting & Forecasting

Lead procurement-related budgeting and forecasting activities.
Monitor procurement spent against budgets and identify risks/opportunities.
Prepare monthly, quarterly, and annual spend analysis reports.

Cost Optimization & Savings Tracking

Validate and track procurement savings initiatives.
Drive cost reduction programs across direct and indirect spending categories.
Monitor realization of negotiated savings and report financial impact.

Financial Analysis

Conduct spends analytics, vendor profitability, and cost-benefit analysis.
Develop dashboards and MIS reports for leadership review.
Analyze procurement trends and recommend corrective actions.

Governance & Controls

Ensure compliance with procurement policies, financial controls, and approval matrices.
Support internal and external audits related to procurement transactions.
Monitor contract compliance and vendor payment governance.

Stakeholder Management

Collaborate with Procurement, Operations, Supply Chain, Commercial, and Finance teams.
Present insights and recommendations to senior leadership.
Drive cross-functional initiatives for process improvement.

Direct Reports: Individual Contributor (functional teams at business units/zones will support)

Geographical Scope: Pan India

Reports To: VP - BSS, Treasury & Procurement Finance

Key Customers:

Internal Customers: Corporate Finance, FSS/BSS, Zonal Finance and Taxation, Corporate Supply Chain, Treasury Commercial and procurement department

External Customers: Tax Consultant, Lawyers, Law firms, Regulatory Authorities

Job Requirements:

Qualifications: CA/CMA/MBA

Experience: 8-16 years’ experience

Functional Skills: