Manages IT procurement for software application and staff augmentation engagements, including procurement request due diligence, RFPs, vendor evaluations, commercial benchmarking, reverse auctions, approvals, contracts, purchase orders, audits, reporting, turnaround times, and stakeholder coordination.
The Opportunity:
Position Title: Senior Associate IT Procurement
Year of experience: 2 to 6 years
Year of experience: 2 to 6 years
Job Location: Mumbai
Qualifications: BE/BTech/BSc IT/MCA or MBA
Qualifications: BE/BTech/BSc IT/MCA or MBA
Functional Skills
- Strong sourcing and procurement expertise
- Sound knowledge of GST
- Market intelligence (vendors, pricing, industry trends)
- Contract management knowledge:
- Rate types (fixed/basic)
- Termination clauses
- Force majeure
- Milestones & LD clauses
- Rate types (fixed/basic)
- Understanding of:
- Software application procurement
- IT staff augmentation (T&M model)
- Software application procurement
- Experience in D365 Procurement Module
Application development is a critical spend area across NPCI – G, core NPCI, and subsidiaries. The associated RFP processes are complex, time-intensive, and require extensive coordination with internal and external stakeholders.
This role supports procurement across multiple application verticals, including:
- Fixed-scope engagements
- IT resource augmentation (T&M engagements)
Due to the complexity of multi-vendor and multi-stakeholder environments, this position is essential to strengthen the team’s procurement operations and ensure timely execution.
Requirements
Job Responsibilities:
A. Procurement Operations (40%)
B. Quality Assurance (30%)
C. Turnaround Time (TAT) Management (10%)
D. MIS and Reporting (10%)
E. Stakeholder Management (10%)
4. Major Challenges
Decisions Taken Independently
A. Procurement Operations (40%)
- Review and perform due diligence of Procurement Requests (PRs)
- Collaborate with project managers to define scope and engagement terms
- Drive RFPs/enquiries and manage the quotation process
- Conduct pre-bid meetings and preparations
- Validate vendor offers (eligibility, technical compliance)
- Perform commercial evaluations and ensure price bench marking
- Facilitate price discovery via PDC or Reverse Auction (RA)
- Ensure financial approvals and documentation
- Drive pre-PO audit closures
- Coordinate contract finalization with Legal and other departments
- Ensure PO issuance aligned with approved policies and terms
- Ensure compliance with IT procurement policies
- Address audit queries (target: zero open audit issues)
- Ensure timely PDC agenda clearances
- Track and report process deviations monthly
- PRs < ₹50 Lakhs: Closure within 20 days
- PRs ₹50 Lakhs – ₹1 Crore: Closure within 30 days
- PRs > ₹1 Crore: Closure within 45 days
- Share weekly pendency reports with stakeholders
- Maintain and track vendor follow-ups for pending POs
- Act as SPOC for vendors, ensuring minimal escalations
- Partner with user departments and provide regular updates
- Understanding and interpreting technical requirements
- Ensuring clarity for timely decision-making and execution
- All decisions within approved procurement policies and delegation of authority
- As per procurement practices and delegation of financial powers
National Payments Corporation Of India (NPCI) Mumbai, Maharashtra, IND Office
The Capital, B Wing, 10th Floor,, Bandra Kurla Comple, Mumbai, Maharashtra , India, 400051
Similar Jobs
Artificial Intelligence • Automotive • Computer Vision • Information Technology • Internet of Things • Logistics • Software
Lead and execute internal audits across financial, operational, and compliance areas. Perform process walkthroughs, control testing, evaluate control design and operating effectiveness, report findings, and work with stakeholders to improve controls and efficiency. Collaborate with audit leadership and operate across functions and regions to deliver the annual audit plan.
Fintech • Software • Financial Services
Manage middle- and back-office fund services, including trade affirmations, position, cash, P&L, equity swap, and NAV reconciliations. Book corporate actions, options, accruals, expenses, stock borrow, and swap financing activity. Resolve reconciliation breaks through communication with clients, fund administrators, and trading counterparties. Support hedge fund and financial product accounting processes while independently prioritizing multiple tasks across APAC and EMEA shifts.
Top Skills:
ExcelMicrosoft Word
Artificial Intelligence • Fintech • Information Technology • Logistics • Payments • Business Intelligence • Generative AI
Leads a global Kubernetes platform engineering team, setting the platform roadmap and overseeing enterprise-scale infrastructure health, security, compliance, automation, observability, and scalability. Partners with FinOps, Finance, DevOps, and product leaders to manage budgets, forecast growth, optimize cloud resources, reduce operational toil, and align platform performance with business value. Develops engineering talent and drives organizational adoption of Infrastructure as Code and automated CI/CD practices.
Top Skills:
Amazon EksCi/CdGoogle GkeInfrastructure As CodeKarpenterKubernetesScaleops
What you need to know about the Mumbai Tech Scene
From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.
