Purchase Executive

We have an vacancy for " Purchase Executive "

Company Name : Jain Metal Group
Location : Kilpauk, Chennai.

Experience : 1-3yrs
(Immediate Joiner)

Key Roles & Responsibilities:

1. Procurement & Vendor Management:

Identify and evaluate suppliers based on price, quality, and reliability.

Negotiate terms, pricing, and contracts with vendors to optimize costs.

Process purchase orders, follow up on deliveries, and resolve any discrepancies.

Maintain strong supplier relationships and assess vendor performance.

2. Report Organization & Documentation:

Prepare and maintain procurement records, including purchase orders, quotations, invoices, and vendor agreements.

Organize and analyze data using MS Excel (Pivot Tables, VLOOKUP, HLOOKUP, Conditional Formatting, etc.).

Generate periodic reports on procurement activities, cost analysis, and vendor performance.

Ensure all documentation is up to date and readily available for audits.

3. Accounting & Ledger Reconciliation:

Verify purchase invoices against orders and delivery records.

Reconcile ledger entries, vendor payments, and outstanding balances in coordination with the accounts team.

Ensure compliance with financial policies and assist in month-end closing activities.

Track procurement expenses and ensure timely vendor payments.

4. Inventory & Cost Control:

Monitor and maintain optimal inventory levels to prevent shortages or overstocking.

Coordinate with the warehouse team for stock verification and audits.

Identify cost-saving opportunities and implement effective purchasing strategies.

5. Communication & Mail Drafting:

Draft and send professional emails for purchase inquiries, negotiations, order confirmations, and follow-ups.

Maintain clear and timely communication with vendors, finance, and internal teams.

Prepare and present procurement reports in an easy-to-understand format.

6. Compliance & Audit Preparation:

Ensure all procurement transactions comply with company policies and regulations.

Assist in internal and external audits by providing necessary documentation and reports.

Maintain accurate records for future reference and compliance purposes.

More about this Purchase Executive job

1. What is the eligibility criteria to apply for this Purchase Executive job?
   Ans: The candidate should be Graduate and above and above with 1 - 3 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹20000 - ₹30000 per month that depends on your interview. It's a Full Time job in Chennai.
3. How many working days are there for this Purchase Executive job?
   Ans: This Purchase Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Purchase Executive job?
   Ans: No, there is no fee applicable for applying this Purchase Executive job and during the employment with the company, i.e., JAIN METAL GROUP PRIVATE LIMITED.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Purchase Executive role?
   Ans: There is an immediate opening of 3 Purchase Executive at JAIN METAL GROUP PRIVATE LIMITED
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Back Office / Data Entry job.
8. What are the timings of this Purchase Executive job?
   Ans: This Purchase Executive job has 09:30 AM - 06:00 AM timing.