Procurement Analyst

Job Description

The role holder is responsible for managing procurement and contracting related activities for our client, an reputable financial institution in a transparent, timely and cost-efficient manner. The role holder is also responsible for managing the company's contractors and suppliers through prequalification, tendering, contracting and regular monitoring and for developing guidelines that govern the same.

Core Responsibility:

Assists in the development of the Departments policies, standards, rules and procedures for cost-effective procurement operations for materials, goods and services

Supervises the procurement & contract management activities guided by the groups policies, procedures and processes and carries-out any improvements required to enhance the workflow

Manages competitive bidding process including the generation of RFPs/RFQs, as well as the receipt, opening, evaluation and the custody of received bids

Monitors contracts progress and payment status and ensures that appropriate reporting of project contract status is provided

Develops supplier sourcing strategies in consultation with the relevant stakeholders in order to optimize cost and quality

Manages and monitors negotiations with vendors/suppliers of major services and critical contracts prices, credit terms and other conditions of the agreement with the necessary Departments

To be considered for this role, the successful candidate must demonstrate a proven track record working in a similar role for at least 4-7 years, ideally within the financial services industry with exposure to international markets.

Our client is looking to hire a self-sufficient candidate who has sound judgement and ability to problem solve in time critical situations. This is an excellent opportunity to join a dynamic global team, working in a fast-paced, deadline driven environment.