Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

About the Role

Position Title   : Finance Strategy, Governance and Procurement Lead                 

Corporate Title: VP or AVP, Finance

Reporting to    : Head of Finance, MGS                   

Jobe Code      :

Location          : MGS - Bengaluru             

Job Profile

Position details

To develop, implement, and manage robust procurement governance frameworks, strategic sourcing initiatives via India based suppliers / vendors, and compliance processes within MGS finance ensuring alignment with global corporate objectives, driving cost efficiencies, and mitigating supply chain risks across all MGS Finance operations.

Roles and Responsibilities

• Leverage existing relationships with the local [India based] vendors / suppliers to ensure Finance specific vendor management
• From MGS standpoint, establish, implement, and maintain Finance specific comprehensive procurement policies, procedures, and internal controls in compliance with relevant international, Indian and SEZ laws and corporate standards.
• Provide expert advice and guidance to finance (Product Control, Accounting, FP&A, Account Payable, Regulatory Reporting, Capital Budgeting) and other finance cross-functional teams (TPRM) and senior stakeholders on procurement governance and policy matters.
• Provide insightful financial analysis, data-driven recommendations, and decision support to commercial and functional leaders.
• Collaborate with senior leadership and the CFO to shape and drive the financial strategy, planning, and policy for the MGS and the enterprise.
• Lead the annual budgeting and rolling five-year financial planning cycles, integrating workforce, technology, and commercial strategies
• Build and maintain strong, influential relationships with senior internal stakeholders across Risk and Information Technology at MGS and experiment the Art of the Possible
• Oversee the entire strategic procurement lifecycle, ensuring all activities are robustly and transparently managed.
• Liaise and work together with global and India GEO team to integrate finance sourcing and seek necessary approvals
• Manage and coordinate internal and external audit readiness, ensuring all procurement documentation and records are accurate and complete.

• Conduct in-depth market research and spend analysis to identify trends, cost drivers, and new opportunities for cost optimization and value creation.
• Align MGS’ procurement strategy with the overall business model
• Manage and lead complex, high-value procurement processes and contract negotiations with key globally originated but India based suppliers.
• Implement robust supplier risk assessment programs and develop mitigation strategies for potential disruptions.
• From a local MGS standpoint, oversee the selection, onboarding, and performance monitoring of suppliers, ensuring they meet quality, compliance, and performance standards.
• Drive and support continuous improvement initiatives in ongoing procurement processes, leveraging digital tools and e-sourcing platforms.

Job Requirements:

Experience:

• Substantial experience in managing procurement/commercial projects or large commercial programs within a complex, global environment.
• Proven experience in developing and implementing procurement strategies, policies, and governance frameworks.
• Experience in contract drafting, negotiation, and supplier relationship management.

Skills:

• In-depth knowledge of relevant procurement legislation, policy, and commercial best practices.
• Proficiency in procurement technologies and e-sourcing tools (e.g., SAP Ariba, Oracle Fusion).
• High level of cultural awareness and effective communication skills for working with diverse global teams.

Qualifications:

• A Bachelor's or Master's degree in Business, Supply Chain, Finance, or a related field is typically required.
• A relevant professional certification such as CIPS (Chartered Institute of Procurement & Supply) or PMP (Project Management Professional) is highly desirable.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.