Procurement Manager

About Groww

We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, and every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity, and the passion to constantly challenge the status quo.

Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services.

Our long-term vision is to become the trusted financial partner for millions of Indians.

Our Values

Our culture enables us to be what we are — India’s fastest-growing financial services company. Everyone at Groww enjoys the autonomy and flexibility to bring their best work to the table, as well as craft a promising career for themselves.

The values that form our foundation are:

• Radical customer centricity
• Ownership-driven culture
• Keeping everything simple
• Long-term thinking
• Complete transparency

We seek an experienced, results-driven purchasing manager to join our team at Groww.

As a purchase manager, you will be responsible for handling the procurement process, sourcing suppliers and managing vendor relationships to ensure a seamless supply chain and optimise costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our procurement function. This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market.

Roles and Responsibilities

• Develop procurement strategies for cost optimization and efficient supply chains.
• Select suppliers based on quality, reliability, and sustainability standards.
• Negotiate contracts for favorable pricing, terms, and mutual benefits.
• Collaborate with stakeholders to align procurement with organizational goals.
• Conduct market research to monitor industry trends and pricing.
• Manage and evaluate supplier performance, fostering long-term partnerships.
• Monitor inventory to balance stock levels, avoiding shortages and excess.
• Implement procurement systems for streamlined, efficient processes.
• Present procurement metrics and reports to management.
• Ensure regulatory compliance, supporting ethical and sustainable sourcing.

Skills and Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field.
• Over 8 years of experience as a Purchasing Manager in the Indian market.
• Strong knowledge of procurement principles, strategies, and best practices.
• Extensive experience in the Indian market, with familiarity with local suppliers and sourcing channels.
• Proven track record in sustainable and socially responsible procurement practices.
• Expertise in budgeting, cost optimization, and negotiation.
• Proficient in vendor and inventory management systems.
• Analytical thinker with excellent communication and interpersonal skills.
• Skilled in collaborating with cross-functional teams.
• Proficiency in procurement software and systems.
• Understanding of local and national procurement laws and regulations.
• Experience managing spends in Admin, HR, IT, and Marketing.
• Adaptable to fast-paced, competitive environments.
• Qualifications: B.E./B.Tech, Any Gradute with MBA