Capex Procurement Manager

Job Title: CAPEX Procurement Manager

Location: Doddaballapur, Bengaluru, Karnataka

Department: Procurement

Reports To: Head of Procurement / Procurement Director

Employment Type: Full-time

Position Overview:

We are seeking an experienced CAPEX Procurement Manager to manage the procurement process for capital expenditures (CAPEX) within our organization. The ideal candidate will have a solid background in managing high-value procurement activities for capital projects, working with various stakeholders, and ensuring compliance with company policies, budgets, and timelines. As the CAPEX Procurement Manager, you will play a critical role in sourcing, negotiating, and managing suppliers and contracts for all capital expenditure projects.

Key Responsibilities:

- Develop and implement a robust CAPEX procurement strategy that aligns with organizational goals and business needs.

- Collaborate with project teams and senior management to understand CAPEX project requirements and define procurement objectives.

- Identify, evaluate, and select suppliers for capital expenditure projects, ensuring optimal cost, quality, and delivery.

- Lead supplier negotiations, manage contracts, and ensure the procurement process is transparent, competitive, and cost-effective.

- Establish and maintain long-term relationships with key suppliers and service providers.

- Ensure CAPEX procurement activities are aligned with budget constraints and help identify cost-saving opportunities while maintaining project timelines.

- Monitor procurement costs, track expenses, and identify potential cost overruns, ensuring corrective actions are taken.

- Review and approve purchase orders, contracts, and invoices in accordance with established budgets and timelines.

- Ensure compliance with all internal procurement policies, company standards, and external regulatory requirements.

- Identify and mitigate procurement risks, including those related to suppliers, contracts, and market conditions.

- Ensure that all CAPEX procurement activities adhere to corporate governance standards.

- Collaborate with internal stakeholders, such as engineering, finance, operations, and legal teams, to ensure alignment on CAPEX project specifications and timelines.

- Provide regular updates to senior management regarding procurement progress, challenges, and opportunities.

- Lead the negotiation of contracts, service-level agreements (SLAs), and terms and conditions for CAPEX-related purchases.

- Ensure that contracts meet the organizations standards and provide value for money, minimizing risks.

- Conduct market research and monitor industry trends to identify new suppliers, materials, technologies, and best practices that could benefit the organization.

- Stay updated on developments within the procurement and capital expenditure sectors to drive continuous improvement in sourcing strategies.

Required Skills & Qualifications:

Education:

- Bachelors degree in Supply Chain Management, Business Administration, Engineering, or a related field. A Master's degree or professional certifications is preferred.

Experience:

- 2-3 years of experience in procurement, with a focus on capital expenditure (CAPEX), ideally in [Industry Sector, e.g., Manufacturing, Construction, Energy].

- Proven track record of managing the procurement of Medium to high-value capital projects.

- Experience in contract negotiation and supplier management for medium to large-scale CAPEX projects.

Technical Skills:

- Strong knowledge of procurement processes, supplier management, and contract law.

- Proficient in procurement software and tools (e.g., Tally, SAP, or other relevant platforms).

- Advanced Excel skills for data analysis, budgeting, and reporting.

Soft Skills:

- Strong negotiation skills with the ability to influence stakeholders and achieve favourable terms.

- Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams.

- Strong analytical and problem-solving skills, with attention to detail and accuracy.

Additional Competencies:

- Ability to manage multiple projects simultaneously and prioritize tasks effectively.

- Strong leadership and people management skills, with experience in mentoring and developing team members.

- Familiarity with the latest trends in supply chain management, risk management, and sustainability practices in procurement.

Working Conditions:

- Full-time role based in Doddaballapur, Bengaluru, Karnataka.

- Occasional travel may be required for supplier visits, project inspections, and negotiations.

- Flexibility in working hours may be required to meet project timelines and objectives.

Why Join Us:

- Competitive salary and benefits package.

- Opportunity to work on Medium to large-scale, high-impact capital projects.

- Collaborative and dynamic work environment with a focus on professional development.