Procurement Manager
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Key skills for this role
About the Role
ADCB seeks a Procurement Manager to lead supplier selection, negotiate contracts, and drive cost savings. The role requires at least 6 years of procurement experience and a Bachelor's degree in Finance or Procurement.
Key Skills for This Role
Responsibilities
- Manage supplier selection process, planning and negotiating bid proposals and renewals
- Analyse risks with emphasis on time and cost implications
- Negotiate critical supply contracts and approve/reject deviations
- Support development of procurement strategies to reduce cost and control spend
- Monitor completion of internal processes and ensure adherence to best practices
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Implement continuous improvement strategies to find cost effective deals
- Conduct negotiations with external vendors to secure advantageous terms
- Manage self and team in line with people management policies
- Organise and supervise team activities to achieve targets
Requirements
- At least 6 years of experience in procurement management
- Bachelor's Degree in Finance, Procurement or related subjects
- Chartered Accountant or other equivalent qualification
- Knowledge of sourcing and procurement techniques
- Talent in negotiations and networking
- Good knowledge of supplier or third party management software
Full Job Posting
About the Business Area Finance
- As a Finance team, we are partners to the business in achieving the company’s goals and driving the banks performance.
- We focus on clients and customers, building long standing relationships and improving service quality.
- We balance growth with disciplined management of costs and risks.
Key Responsibilities
- Manage supplier selection process, planning and negotiating bid proposals and renewals.
- Analyse risks with particular emphasis on time and cost implications.
- Negotiate critical supply contracts and approve/reject deviations.
- Support development of procurement strategies to reduce cost and control spend.
- Monitor completion of internal processes and ensure adherence to best practices.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Implement continuous improvement strategies to find cost effective deals.
- Conduct negotiations with current and future external vendors.
- Manage self and team in line with ADCB’s people management policies.
- Organise and supervise team activities to achieve targets.
Qualifications
- At least 6 years of experience in procurement management.
- Bachelor’s Degree in Finance, Procurement or related subjects.
- Chartered Accountant or other equivalent qualification.
- Maturity of judgment and ability to resolve problems under pressure.
- Understanding of macro economic factors affecting sourcing management.
- Knowledge of sourcing and procurement techniques.
- Talent in negotiations and networking.
- Good knowledge of supplier or third party management software.
What we offer
- Comprehensive Benefits Package including medical insurance, group life and personal accident insurance, paid leave and leave airfare.
- Employee preferential rates on loans and finance facilities, staff discounts and offers.
- Children education assistance (for certain job levels).
- Flexible and Remote Working Options subject to eligibility.
- Learning and Development Opportunities including instructor led courses, e learning catalog, on the job training, and professional development programs.
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