Purchasing Controller

Placements24; Sandton; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Pension fund contribution

Professional development

Wellness programs

Subsidized facilities access

Job summary

Placements24 in Sandton, Gauteng, seeks a Purchasing Controller to lead procurement budgeting, cost control and financial governance in a prominent financial services firm. You will analyze spend patterns, negotiate favorable terms with suppliers and implement controls to safeguard assets and enhance value.

The role emphasizes strong financial acumen, procurement best practices, ERP proficiency and on-site collaboration with finance teams to drive strategic purchasing decisions.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Admin, or Supply Chain.
• Minimum 5 years in purchasing/finance/controllership with procurement focus.
• Proven budget management, cost control, and financial analysis experience.
• Strong negotiation and vendor-management skills.
• Knowledge of procurement best practices and internal controls.
• Proficiency with financial software and ERP systems; advanced Excel.

Responsibilities

• Manage procurement budget and expenditures.
• Analyze spending data for cost-saving opportunities.
• Negotiate contracts to reduce costs and increase value.
• Develop and implement procurement policies and procedures.
• Ensure compliance with financial regulations and policies.
• Monitor vendor performance and relationships.
• Prepare regular financial reports on procurement activities.
• Oversee the requisition-to-payment process.

Skills

Budget management

Cost control

Financial analysis

Vendor management

Negotiation

Procurement best practices

ERP software

Microsoft Excel

Strategic planning

Leadership

Education

Bachelor's degree in Finance/Accounting/Business Admin/Supply Chain

Tools

ERP software

Microsoft Excel

Job description

About the Role

Our client, a prominent player in the financial services industry, is seeking a highly analytical and detail-oriented Purchasing Controller to oversee their procurement operations in Sandton, Gauteng . This critical role involves managing procurement budgets, ensuring cost control, and optimizing purchasing processes to enhance financial efficiency. The Purchasing Controller will be responsible for analyzing spending patterns, negotiating with vendors for favorable terms, and implementing robust financial controls within the procurement function. The ideal candidate will possess a strong financial acumen combined with a thorough understanding of procurement best practices. This is an exceptional opportunity to make a significant impact in a leading financial services organization. Our client is committed to maintaining the highest standards of financial integrity and operational excellence. You will be instrumental in safeguarding company assets and driving value through strategic purchasing decisions in the heart of Sandton 's business district.

Key Responsibilities

• Manage and control the company's procurement budget and expenditures.
• Analyze spending data to identify cost-saving opportunities and inefficiencies.
• Negotiate contracts and terms with suppliers to achieve cost reductions and value enhancement.
• Develop and implement financial policies and procedures for the procurement department.
• Ensure compliance with financial regulations and company purchasing policies.
• Monitor vendor performance and manage relationships to ensure adherence to contract terms.
• Prepare regular financial reports on procurement activities, budget adherence, and cost savings.
• Conduct audits of procurement processes and transactions.
• Collaborate with the finance department to align procurement activities with overall financial objectives.
• Oversee the requisition-to-payment process, ensuring accuracy and efficiency.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, Supply Chain Management, or a related field.
• Minimum of 5 years of experience in a purchasing, finance, or controllership role, with a strong emphasis on procurement financial management.
• Proven experience in budget management, cost control, and financial analysis within a procurement context.
• Strong negotiation skills and experience in vendor management.
• In-depth knowledge of procurement best practices and financial controls.
• Proficiency in financial software, ERP systems, and advanced Microsoft Excel skills.
• Excellent analytical, problem‑solving, and strategic planning abilities.
• Strong communication, interpersonal, and leadership skills.
• Experience in the financial services sector is a plus.
• Must be able to work on‑site in Sandton, Gauteng .

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health, dental, and vision insurance.
• Generous pension fund contribution.
• Opportunities for professional development and certifications.
• A dynamic and prestigious work environment.
• Employee wellness programs.
• Subsidized access to company facilities.