Paytm Labs

Digital payments, loans, investments, and insurance

IT Procurement

Procurement & SourcingConfirmed live in the last 24 hours

Full-timeNoida, Uttar Pradesh, IndiaNo salary listedIn-person

About the Job

Requirements

Five to seven years of proven expertise in strategic sourcing and procurement of IT products and services.
Expertise procuring IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, and professional services.
Experience in procurement of IT infrastructure, software licensing, cloud platforms such as AWS, Azure, and Google Cloud, SaaS applications, cybersecurity solutions, telecommunications, and managed services.
Knowledge of strategic sourcing and category management; IT hardware, software, SaaS, and cloud procurement; cybersecurity and telecom procurement; commercial negotiation and contract management; vendor relationship and performance management; procurement governance and compliance; cost optimization and total cost of ownership; procurement analytics and spend management; risk assessment and business continuity; stakeholder management and cross-functional collaboration.
Experience with ERP/eProcurement platforms such as SAP, Oracle, Ariba, Coupa, or Ivalua.
Strong negotiation, analytical, communication, and presentation skills.

Responsibilities

Own end-to-end procurement of IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, data center infrastructure, and technology services.
Develop and execute category sourcing strategies aligned with business objectives and technology roadmaps.
Manage the sourcing lifecycle, including requirement gathering, market assessment, RFI/RFP/RFQ preparation, supplier evaluation, commercial analysis, negotiations, and contract award.
Drive competitive bidding and supplier selection to achieve optimum commercial and technical outcomes.
Negotiate pricing, commercial terms, payment terms, service-level agreements, licensing models, support agreements, renewals, and long-term contracts.
Coordinate timely contract execution with Legal, Finance, Information Security, and business stakeholders.
Manage contract renewals, amendments, vendor obligations, and commercial risk throughout the contract lifecycle.
Deliver measurable cost savings while optimizing total cost of ownership.
Build and maintain strategic relationships with original equipment manufacturers, distributors, system integrators, cloud providers, and technology partners.
Conduct supplier performance reviews, governance meetings, and business reviews to improve service quality and vendor performance.
Collaborate with IT, Information Security, Finance, Legal, Risk, and business teams to understand procurement requirements and provide timely sourcing support.
Advise business stakeholders on sourcing strategies and commercial decisions.

Desired Qualifications

Exposure to European procurement and regulatory requirements.

Position Summary:

We are seeking an experienced and result-oriented IT Procurement Professional

with 5-7 years of proven expertise for strategic sourcing and procurement of IT

products and services. The ideal candidate will have strong expertise in procuring IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, and professional services. The role requires end-to-end ownership of procurement activities, supplier relationship management, commercial negotiations, contract management, and stakeholder engagement while ensuring cost optimization, regulatory compliance, and procurement governance.

Key Responsibilities:

Strategic Procurement & Sourcing:

 End-to-end procurement of IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, data center infrastructure, and technology services.

 Proven experience in procurement of IT infrastructure, software licensing,

cloud platforms (AWS, Azure, Google Cloud), SaaS applications, cybersecurity solutions, telecommunications, and managed services.

 Develop and execute category sourcing strategies aligned with business

objectives and technology roadmaps.

 Manage the complete sourcing lifecycle, including requirement gathering,

market assessment, RFI/RFP/RFQ preparation, supplier evaluation, commercial analysis, negotiations, and contract award.

 Drive competitive bidding and supplier selection to achieve optimum

commercial and technical outcomes.

Commercial & Contract Management:

 Negotiate pricing, commercial terms, payment terms, SLAs, licensing models,

support agreements, renewals, and long-term contracts.

 Ensure timely execution of contracts in collaboration with Legal, Finance,

Information Security, and business stakeholders.

 Manage contract renewals, amendments, vendor obligations, and commercial

risk throughout the contract lifecycle.

 Deliver measurable cost savings while optimizing Total Cost of Ownership

(TCO).

Vendor & Stakeholder Management:

 Build and maintain strategic relationships with OEMs, distributors, system

integrators, cloud providers, and technology partners.

 Conduct supplier performance reviews, governance meetings, and business

reviews to improve service quality and vendor performance.

 Collaborate with IT, Information Security, Finance, Legal, Risk, and business

teams to understand procurement requirements and deliver timely sourcing

support.

 Act as a trusted procurement advisor to business stakeholders on sourcing

strategies and commercial decisions.

Required Skills & Competencies:

 Strategic Sourcing & Category Management

 IT Hardware, Software, SaaS & Cloud Procurement

 Cybersecurity & Telecom Procurement

 Commercial Negotiation & Contract Management

 Vendor Relationship & Performance Management

 Procurement Governance & Compliance

 Cost Optimization & Total Cost of Ownership (TCO)

 Procurement Analytics & Spend Management

 Risk Assessment & Business Continuity

 Stakeholder Management & Cross-functional Collaboration

 ERP/eProcurement Platforms (SAP, Oracle, Ariba, Coupa, Ivalua, etc.)

 Excellent negotiation, analytical, communication, and presentation skills.

 Exposure to European procurement and regulatory requirements will be

preferred.

Requirements at a Glance

Experience Level: Senior

Benefits

Health & Wellbeing - Your group health benefits are 100% funded by us, and start on your first day.
Travel the World - Even though we are currently working remotely, usually our employees make frequent international business-related trips while working on exciting projects.
Continuous Learning - We're passionate about learning and strive to constantly improve and innovate. We learn from others, our challenges & our successes.
Connection - In this virtual world, we stay connected through events like game nights, movie nights, arts & crafts sessions (like Origami), meditation sessions, and much more.
Autonomy & Flexibility - You get to define how you want to make an impact. We truly believe that great things happen when people are given the trust and freedom to create their own path.
Beautiful Office - Whenever we return back to the office, you’ll get to check out our awesome workspace, complete with pool and ping pong tables, a snack-filled kitchen, and tons of cozy work spaces.

About the Company

Paytm Labs

Digital payments, loans, investments, and insurance

Paytm Labs offers an integrated digital payments and financial services platform in India for individuals and businesses, covering UPI payments, mobile recharges, bill payments, ticket bookings, loans, investments, insurance, metro cards, and more. Users initiate payments or financial actions in the app, which are processed through UPI and payment gateways, with revenue from transaction fees and commissions on financial services. It differentiates itself through a large ecosystem of merchants and users, a wide range of services in one app, and a focus on customer support and trust. Its goal is to make a broad set of financial services easily accessible to mass-market users while growing revenue via payment processing and financial services partnerships at scale.

Company size: 10,001+
Company stage: IPO
Headquarters: Noida, India
Founded: 2014

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