Procurement Officer – National Development Bank

Job Description

ROLE RESPONSIBILITIES

Procurement Planning:

• Develop and implement procurement plans aligned with organizational goals.
•  Coordinate with departments to forecast procurement needs.

Supplier Management:

•  Identify, evaluate, and select suppliers based on quality, cost, and compliance.
• Build and maintain strong supplier relationships to ensure reliable supply chains.
• Conduct supplier performance reviews and resolve disputes.

Tendering and Contracting:

•  Draft and issue requests for proposals (RFPs), quotations, and tenders.
•  Evaluate bids using transparent criteria and recommend the best supplier.
• Negotiate terms, conditions, and pricing to secure optimal contracts

Procurement Operations:

• Process purchase orders and ensure timely delivery of goods/services.
•  Manage procurement documentation, including contracts, invoices, and delivery records.
• Address and resolve procurement-related issues.

Compliance and Risk Management:

• Ensure all procurement activities adhere to organizational policies and relevant laws.
• Conduct due diligence on suppliers to mitigate risks.
• Monitor adherence to regulatory frameworks, including anti-corruption and ethical standards.

Cost Management:

•  Identify cost-saving opportunities and implement procurement strategies to reduce expenses.
• Monitor procurement budgets and report variances.

Reporting and Analytics:

• Maintain detailed procurement reports and dashboards.
•  Analyze procurement data to identify trends, inefficiencies, and opportunities.

Continuous Improvement:

• Evaluate and enhance procurement processes to improve efficiency and effectiveness.
• Recommend and implement sustainable procurement practices.

QUALIFICATIONS & EXPERIENCE

Qualifications

• Bachelor’s degree in Procurement, Supply Chain Management, Business Administration, or a related field.
• Chartered Institute of Procurement & Supply (CIPS).
• Certified Professional in Supply Management (CPSM).
• Certified Procurement Professional (CPP) or equivalent.

Experience 

• 2–4 years of experience in procurement, supply chain management, or a related field, preferably in a financial institution or regulated environment.
• Experience in managing procurement budgets and vendor relationships.

Knowledge & Skills required

• Proficiency in MS Office tools (Excel, Word, PowerPoint).
• Handling complex contracts and supplier evaluations.
• Knowledge of procurement cycles, supplier evaluations, and contract negotiations.
• Ability to analyze budgets, cost structures, and negotiate pricing.
• Familiarity with procurement laws, anti-corruption guidelines, and ethical standards

Technology Proficiency:

• Experience using procurement software (e.g., SAP, Coupa, Oracle).
• Strong negotiation and influencing skills.
• Analytical and critical thinking skills.
• Effective communication and interpersonal abilities.
• Ability to prioritize tasks and meet deadlines.

Closing date: February 14, 2025

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