Procurement Finance Supervisor

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Job Description:

Procurement Finance Supervisor (20E) (Shift Timing 16:00 – 01:00 IST)

The Procurement Finance Supervisor is responsible for assisting the Procurement Finance Manager in providing financial, analytical and reporting support for UPS procurement teams and conducting and executing company-wide cost savings initiatives. He/She is responsible for developing forecasts and budgets and for creating, analyzing, and developing a wide range of reports, financial models and management presentations. This position supervises specialists and the administrative staff within the department.

Key Responsibilities

• Support the Procurement Finance Manager in developing and executing procurement finance strategies and cost optimization initiatives.
• Analyze procurement spending trends, supplier costs, savings opportunities, and key financial metrics.
• Develop, maintain, and enhance financial models to support sourcing decisions, negotiations, and business cases.
• Monitor procurement savings initiatives and validate realized savings against established targets.
• Partner with Procurement, Operations, F&A, and other business functions to ensure alignment of financial objectives.
• Support month-end, quarter-end, and year-end financial closing processes.
• Support corporate card programs through rebate reconciliations, forecasting, reporting and program performance tracking.

Qualification:

• Bachelor’s Degree (Finance/Accounting or equivalent)
• Prior experience in Financial Analysis, or related financial functions (Preferred).

Requirements:

• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Proficiency in SQL/Power BI for analytics & reporting (Preferred).
• Prior experience of driving large cost savings initiative (Preferred).
• Excellent oral and written communication skills.
• Experience working with ERP systems and financial reporting tools.
• Strong analytical, problem-solving, and decision-making skills.

Employee Type:

Permanent UPS is committed to providing a workplace free of discrimination, harassment, and retaliation.