Assistant Manager - Procurement, Bangalore

Job description

About the Role We are looking for an experienced Assistant Manager - Procurement Audit to strengthen procurement governance, ensure compliance with company policies, and identify opportunities for process improvement and cost optimization. The incumbent will be responsible for auditing procurement activities, assessing risks, evaluating controls, and working closely with Procurement, Finance, Projects, and Business stakeholders. Key Responsibilities Procurement Audit & Compliance Conduct end-to-end audits of procurement processes, including sourcing, vendor selection, contract management, and purchase order issuance. Evaluate compliance with procurement policies, SOPs, approval matrices, and delegation of authority (DOA). Review procurement transactions for accuracy, completeness, and adherence to established controls. Identify business and compliance risks and recommend corrective actions. Vendor & Contract Audits Audit vendor onboarding, empanelment, and performance evaluation processes. Review RFQs, tendering processes, bid evaluations, comparative statements, and negotiation records. Assess contractual compliance and monitor adherence to agreed commercial terms and conditions. Identify instances of procurement deviations and non-compliance. Risk Management & Controls Evaluate the effectiveness of procurement controls and risk mitigation measures. Identify potential risks related to vendor management, procurement fraud, conflict of interest, and contract execution. Perform control testing and validate closure of audit observations. Audit Reporting & Analytics Analyze procurement spend data to identify trends, exceptions, and cost-saving opportunities. Prepare detailed audit reports highlighting findings, risk ratings, and recommendations. Track and monitor closure of audit findings with relevant stakeholders. Support management with procurement MIS, dashboards, and compliance reports. Stakeholder Management Coordinate with Procurement, Finance, Legal, Projects, and Business teams during audit assignments. Conduct discussions with stakeholders to understand processes and validate observations. Drive awareness and implementation of procurement best practices across the organization. Education Bachelor's Degree in Engineering, Commerce, Finance, Supply Chain Management, or related discipline. MBA/PGDM in Supply Chain, Finance, Operations, or Procurement preferred. Experience 5-8 years of experience in Procurement Audit, Internal Audit, Procurement Operations, Supply Chain Controls, or Risk Management. Experience in Construction, Real Estate, Infrastructure, EPC, Manufacturing, Engineering Services, or Project-based organizations is preferred. Exposure to procurement lifecycle audits and vendor compliance reviews. Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance. Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community. Please find out more about us at Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter Instagram LinkedIn It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review. Who is Turner & Townsend? All over the world people are using buildings, infrastructure, and assets we helped to deliver. It could be the hospital they work in, the railway they travel on every day, the fuel that powers their car or the data centre they depend on at work. For more than 75 years we’ve been helping to deliver transformational programmes across the real estate, infrastructure and natural resources sectors, making a difference to people’s lives and ensuring a return on investment for our clients and their investors. Our purpose: Transforming performance for a green, inclusive, and productive world. The world is changing and we have a responsibility to support that change, helping drive it and be part of it. Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments and society. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure and natural resources sectors. It’s how we’ve made the difference for more than 75 years. Our values: Love a challenge: We love a challenge and we work hard to make change happen and see things through. We don’t stand still, challenging ourselves and others to do better every day. And we are trusted to do the right thing, raising standards all the time. Stronger together: We’re stronger together by connecting people in diverse teams, so that we can all collaborate to deliver our best work. We focus on what matters and use our influence to build a better world for everyone. Bring out the best in everyone: We bring out the best in everyone. We help each other to make the most of our potential, always learning from our experience. We treat each other with care and respect and make time to give everyone a voice