The Purchasing Accountant is responsible for overseeing procurement processes, ensuring accurate financial records related to purchasing, and maintaining compliance with company policies and regulations. This role bridges procurement and accounting, ensuring efficient workflows and accurate cost reporting.
Key Responsibilities- Procurement Oversight: Manage vendor relationships and ensure timely purchasing of goods and services.
- Invoice Processing: Review, reconcile, and process purchase orders, invoices, and payments accurately.
- Cost Analysis: Prepare cost analyses and forecasts to support decision-making.
- Record Maintenance: Maintain accurate records of purchase orders, supplier contracts, and financial transactions.
- Policy Compliance: Ensure all purchasing activities comply with company policies and relevant regulations.
- Audit Support: Provide support during audits by preparing and presenting procurement-related financial data.
- Collaboration: Work closely with other departments, including logistics, operations, and finance, to optimize purchasing processes.
- Purchasing Code Management: Manage the whole Purchasing Code System of the Company
- Contract Management: Prepare/Review contracts with Suppliers
- Education: Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: Minimum of one year in accounting, procurement, or a related role.
- Strong understanding of procurement processes and accounting principles.
- Excellent analytical, organizational, and communication skills.
- Attention to detail and ability to work under pressure.
