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Job Summary

The Procurement Officer will manage the end-to-end procurement process, ensuring the organization secures the best value for goods and services while maintaining quality and compliance. This role involves budgeting, forecasting, supplier negotiations, and risk management to support the company's operations effectively and efficiently.

  • Minimum Qualification : Degree
  • Experience Level : Mid level
  • Experience Length : 3 years

Job Description/Requirements

Responsibilities:

  • Procurement Management: Review and vet bills for payment to ensure accuracy and compliance. Coordinate the timely delivery of goods and services to meet operational and project deadlines.
  • Budgeting and Forecasting: Collaborate with relevant departments to prepare procurement budgets. Monitor expenses against approved budgets and provide regular management updates.
  • Risk Management: Analyze market trends to identify potential risks and develop mitigation strategies.
  • Cost Reduction: Identify opportunities for cost savings through effective purchasing strategies.
  • Compliance: Ensure all procurement activities align with organizational policies and legal.
  • Documentation: Maintain and update procurement records, including contracts, purchase orders, and delivery schedules. Generate regular reports on procurement activities for management review.
  • Sourcing and Supplier Management: Identify and establish relationships with reliable suppliers and vendors. Maintain a database of pre-qualified suppliers and conduct regular performance evaluations.


Requirements:

  • Strong negotiation skills to secure favorable terms with suppliers while ensuring quality.
  • Background in Finance/Accounting
  • Proficiency in managing procurement budgets and identifying cost optimization opportunities.
  • Exceptional organizational skills to manage multiple procurement projects effectively.
  • Analytical abilities to assess risks and market trends.

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