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Sr.Buyer

Wasl LLC

Dubai, UAE

Full-time

Senior · 3+ years experience

Onsite

Discovered 2 weeks ago

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Born from the vision to elevate Dubai's global prominence, Wasl was founded on May 25, 2008, with the mission to transform the city into an even more captivating destination for residents, businesses, and visitors alike.

Created from the union of the Dubai Development Board and Real Estate Department, Wasl embarked on a journey of seamless integration.

This strategic merger not only streamlined operations but also empowered our team with enhanced expertise, enabling us to adopt dynamic, market-driven investment strategies.

Today, Wasl stands tall as a cornerstone of Dubai's real estate landscape.

As one of the city's largest and most diversified real estate management companies, we proudly oversee an expansive portfolio of landmark assets, entrusted to us by DREC and other esteemed partners.

Position Title: Senior Buyer

Reports to: Senior Manager – Procurement
Department: Procurement 2.

Position Summary

The Senior Buyer is responsible for executing procurement activities related to materials, equipment, and services, ensuring efficient sourcing, supplier management, and contract execution in alignment with organizational objectives.

The role focuses on handling moderately complex procurement requirements, leading negotiations, and ensuring compliance with procurement policies and procedures.

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Total Reports: - 4. KEY RESPONSIBILITIES AND PERFORMANCE STANDARDS:
Execute end-to-end procurement activities including sourcing, RFQs/RFPs, bid evaluation, negotiation, and purchase order issuance for assigned categories and requirements.
Collaborate with internal stakeholders to understand procurement needs, clarify specifications, and ensure accurate and complete requirements prior to sourcing.
Identify, evaluate, and select suppliers based on price, quality, service, delivery capability, and reliability to ensure optimal procurement outcomes.
Lead negotiations with suppliers to secure competitive pricing, favorable commercial terms, and service level agreements.
Manage supplier relationships to ensure consistent performance, quality delivery, and adherence to contractual obligations.
Monitor supplier performance and resolve issues related to delivery, quality, or service in a timely and effective manner.
Support contract preparation and ensure contracts are executed, tracked, and managed in line with procurement and compliance requirements.
Oversee purchase order processing, ensuring accuracy, completeness, and timely issuance.
Track procurement activities and coordinate with suppliers to ensure timely delivery of goods and services.
Conduct market research and analysis to stay informed of industry trends, supplier capabilities, and pricing benchmarks.
Identify opportunities for cost savings, supplier consolidation, and process improvements within procurement activities.
Ensure all procurement activities are conducted in compliance with internal policies, procedures, and ethical standards.
Maintain accurate procurement records, including supplier data, contracts, purchase orders, and sourcing documentation.
Prepare procurement reports and provide insights on supplier performance, procurement trends, and cost optimization opportunities.
Support audit processes by responding to audit queries and providing required documentation and explanations. Classification: Shared - Confidential
Identify procurement risks and support the implementation of mitigation strategies to ensure continuity of supply.
Provide guidance and support to junior procurement staff, sharing knowledge and best practices.
Contribute to continuous improvement initiatives to enhance procurement processes, efficiency, and value delivery. 5. KEY TECHNICAL SKILLS AND KNOWLEDGE Skill Description Proficiency Level Procurement Execution Manage sourcing activities including RFQs, RFPs, and supplier evaluations. Advanced Supplier Management Manage supplier relationships and monitor performance. Intermediate Negotiation Lead negotiations for pricing and commercial terms. Advanced Contract Support Support contract preparation and lifecycle tracking. Intermediate Procurement Policy & Compliance Ensure adherence to procurement policies and procedures. Intermediate Market Analysis Conduct market research and supplier benchmarking. Intermediate Spend Awareness & Cost Optimization Identify cost-saving opportunities and efficiency improvements. Intermediate Procurement Systems & Tools Utilize ERP and procurement systems for sourcing and reporting. Intermediate Reporting & Documentation Maintain records and prepare procurement reports. Intermediate 6. COMMUNICATIONS & WORKING RELATIONSHIPS: Internal:
Senior Manager – Procurement
Procurement Team
Finance and Business Units
Internal Stakeholders across departments External:
Suppliers and Vendors
Contractors and Service Providers 7. CONTEXT, WORK ENVIRONMENT & DECISION-MAKING AUTHORITY:
Operates under the supervision of the Senior Manager – Procurement within defined procurement policies and procedures.
Responsible for executing procurement decisions within assigned scope and delegated authority.
Provides recommendations on supplier selection, sourcing approaches, and negotiation strategies.
Accountable for timely delivery, compliance, and quality of procurement outcomes. 8. FINANCIAL RESPONSIBILITIES:
Supports procurement spend management through effective sourcing and supplier negotiations.
Contributes to cost optimization and budget adherence within assigned procurement activities.
Supports financial reporting and tracking of procurement activities. 9. SELECTION CRITERIA: Classification: Shared - Confidential Essential:
Bachelor’s Degree in Business Administration, Supply Chain Management, or related field.
3–5 years of experience in procurement or supply chain management.
Experience in sourcing, supplier management, and procurement operations.
Strong negotiation and commercial evaluation skills.
Knowledge of procurement processes and purchasing best practices.
Proficiency in Microsoft Office and procurement systems. Desirable:
Professional certifications such as CIPS or equivalent.
Experience in real estate, FM, or service-based procurement environments.
Knowledge of UAE procurement practices and supplier markets. Our Values At Wasl, we are more than just a real estate company. We are active contributors to Dubai's thriving economy, fostering enduring relationships with our valued stakeholders. Our customer-centric approach is rooted in trust, respect, and a relentless pursuit of innovation in every aspect of asset management.

Sr.Buyer

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