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Procurement Lead at Fairmoney Microfinance Bank

Fairmoney Microfinance Bank

NGN Confidential
New
1 week ago
  • Minimum Qualification :

Job Description/Requirements

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.









We are recruiting to fill the position below:

Job Title: Procurement Lead

Location: Lagos, Nigeria

Job type: Full-time

Department: Finance









About The Role



We are seeking a dynamic and results-oriented Procurement Lead to join our team. This role will focus on driving cost savings and optimizing procurement strategies on a global scale.

The ideal candidate will have extensive experience in contract negotiation, supplier management, and strategic sourcing.



Key Responsibilities



Cost Savings Initiatives: Develop and implement strategies to achieve significant cost reductions across all procurement categories.

Contract Management: Lead the renegotiation of existing contracts to secure more favorable terms, conditions, and pricing structures.

Supplier Relationship Management: Build and maintain strong relationships with suppliers to foster collaboration and drive performance improvements.

Global Sourcing Strategy: Identify and evaluate potential suppliers globally, ensuring alignment with company goals and objectives.

Market Analysis: Conduct thorough market research to stay informed about industry trends, pricing fluctuations, and new sourcing opportunities.

Cross-Functional Collaboration: Work closely with internal stakeholders, including finance, operations, and product development, to align procurement strategies with business needs.

Performance Metrics: Establish and monitor key performance indicators (KPIs) for procurement activities, ensuring continuous improvement and accountability.

Risk Management: Identify and mitigate potential risks within the supply chain, ensuring business continuity.



Qualifications



Bachelor's degree in Business, Supply Chain Management, or a related field; MBA preferred.

7+ years of experience in procurement, with a focus on cost savings and contract negotiation.

Proven track record of achieving significant cost reductions in a global context.

Strong analytical skills and experience with procurement software and tools.

Excellent negotiation and communication skills.

Ability to work in a fast-paced, cross-cultural environment.

Proficiency in [relevant languages]









Benefits



Competitive salary.

Comprehensive benefits package.

Pension Plan

Opportunities for professional development and career advancement.

A collaborative and innovative work environment.

Paid Time Off









Application Closing Date

Not Specified.

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