SUMMARY

The Sr. Procurement Manager will support the Procurement team by independently managing sourcing and contracting activities while driving procurement reporting, analytics, and operational excellence. This role will partner with business stakeholders, Legal, Information Security, and Finance to facilitate timely contract execution, maintain procurement governance, and provide meaningful reporting for leadership.

The ideal candidate is organized, analytical, customer-focused, and capable of managing multiple priorities in a fast-paced environment.

RESPONSIBILITIES

Sourcing & Contract Management (60%)

• Leads the day-to-day operations of the Procurement function, providing operational oversight, guidance, and mentorship to Procurement team members to ensure consistent execution, quality, and adherence to procurement standards.
• Independently manage procurement engagements from intake through contract execution.
• Lead negotiations for standard commercial & legal terms using approved templates and playbooks.
• Coordinate reviews with Legal, Information Security, Risk, Finance, and business stakeholders.
• Support supplier onboarding and due diligence activities.
• Manage contract renewals, amendments, change orders, and standard Statements of Work.
• Ensure procurement activities comply with company policies and governance requirements.
• Escalate complex commercial, legal, or business risks to senior procurement team members.

Procurement Operations & Reporting (25%)

• Maintain the Procurement Engagement Tracker and contract pipeline for weekly and monthly reporting to the leadership.
• Track procurement KPIs including:
• Procurement cycle time
• Contracts completed
• Upcoming renewals
• Procurement savings and cost avoidance
• Vendor onboarding metrics
• Maintain procurement documentation, templates, and reporting repositories.

 Stakeholder & Vendor Support (10%)

• Provide guidance to business stakeholders on procurement policies and contracting processes.
• Coordinate communications with suppliers throughout the sourcing and contracting lifecycle.
• Support sourcing events, RFIs, RFQs, and RFPs as required.

 Continuous Improvement (5%)

• Identify opportunities to streamline procurement processes through automation and standardization.
• Assist in developing procurement user guides, templates, and best practices.
• Support implementation and ongoing optimization of procurement systems and contract management tools.

EDUCATION & EXPERIENCE

• 8-10 years of experience in Procurement, Strategic Sourcing, Vendor Management, or Contract Administration.
• Experience negotiating IT (SaaS, AI, cloud, Hardware, Telecom) & operations supplier agreements.
• Strong analytical skills with advanced Excel proficiency (pivot tables, dashboards, reporting, data analysis).
• Excellent organizational skills with the ability to manage multiple priorities simultaneously.
• Strong written and verbal communication skills.
• Experience working with contract lifecycle management (CLM), ERP, or procurement platforms (e.g., GEP, Coupa, SAP Ariba, Ivalua) is an asset.
• Bachelor's degree in Business, Supply Chain, Finance, or a related discipline is preferred.

EMPLOYER’S RIGHTS

• This job description does not list all the duties of the job. You may be asked by supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description.
• The employer has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason. This document contains Momentum Group’s confidential and proprietary information and is intended for Momentum internal use only.

At Momentum/Money Mart, our vision is to transform customers’ lives for the better. With over 40 years of experience in financial services and 400+ retail locations across Canada and the U.S., we are committed to providing tailored financial solutions to underserved customers often overlooked by traditional financial institutions.

Now, we’re bringing this purpose-driven approach to India, and we want you to be part of our journey.

OUR CORE VALUES: WHAT DRIVES US

Where Everybody is Somebody: We prioritize inclusivity and respect, ensuring that every team member’s voice matters. We foster a collaborative environment where everyone can thrive. 

We Say “Yes” When Others Say “No”: Our team is friendly and compassionate, dedicated to delivering an uplifting customer experience. We go the extra mile to provide solutions that truly make a difference, no matter where our customers are on their financial journey. 

We Have a Passion for Our Purpose: We act with integrity and continually seek ways to grow and innovate. With the largest breadth of products in our industry and new offerings in development, we challenge the status quo to better serve our customers. 

We Win as a Team: We believe in the power of teamwork and diversity, celebrating the unique talents of every team member. Hard work is recognized and valued, creating an environment where everyone contributes to our collective success. 

WHY JOIN MFSG TECHNOLOGIES INDIA?

Employee Benefits

We’re committed to supporting your health, well-being, and financial growth:

1. Competitive Employee Benefits

💠 Comprehensive Medical Coverage

• Includes employee, spouse, two children, and two parents.
• Coverage Amount: ₹6 lakhs annually.
• ₹5 lakhs top-up is available if you would like to opt, with thousand rupees per month deduction.

💠 Provident Fund Contribution

• Employer contribution of ₹1,800 per month to support long-term financial security.

Reward & Recognition

⭐ Bucketlist Rewards Platform

• Recognizing outstanding contributions through a point-based rewards system.
• Redeem points for gift cards, experiences, and personalized perks that matter most to you.

⭐ Culture of Appreciation

• Celebrating milestones, achievements, and impact across teams.

Work-Life Balance & Flexibility

🏠 Flexible Work Model

• Currently remote, with a future transition to a hybrid model.

📅 Paid Leave Entitlements

• 15 Annual Leaves
• 6 Casual Leaves
• 12 Sick Leaves

If you're looking for a place where passion fuels purpose and where you can make a difference, we invite you to join us at MFSG Technologies (India) Private Limited. Together, let’s win and empower our customers. 

1. Learning & Career Growth

📚 Continuous Learning Culture

• Access to upskilling programs, mentorship, and professional development resources.
• Encouragement to learn, adapt, and innovate in a fast-growing financial services landscape.

🚀 Career Growth Opportunities

• Internal mobility programs to help employees advance in their careers.
• Support for leadership development, industry certifications, and specialized training.

🤝 Collaborative Knowledge Sharing

• Work with global teams, gaining exposure to international best practices.
• Encouragement to share ideas, experiment, and take ownership of impactful projects.