Multinatinonal Technologies Limited is a Nigerian company into manpower supply and technical services for the oil and gas industry.
We are recruiting to fill the position below:
Job Title: Contract & Procurement Specialist
Location: Port Harcourt, Rivers
Employment Type: Full-time
Overview
- As a Contract & Procurement Specialist, you will play a pivotal role in ensuring efficient procurement processes and managing contracts effectively within the organization.
- Your responsibilities will encompass a range of tasks, from negotiating contracts with suppliers to overseeing the procurement lifecycle.
- You will collaborate closely with various stakeholders to align procurement strategies with organizational goals, ensuring cost-effectiveness and compliance with regulations.
Responsibilities
Procurement Management:
- Develop and implement procurement strategies to optimize cost, quality, and delivery.
- Identify potential suppliers, evaluate their capabilities, and negotiate terms and conditions to secure favorable contracts.
- Conduct market research to stay informed about industry trends, pricing, and supplier performance.
- Maintain relationships with suppliers to ensure timely delivery of goods and services while meeting quality standards.
- Monitor procurement activities to ensure compliance with organizational policies and regulatory requirements.
Contract Management:
- Draft, review, and negotiate contracts with suppliers, vendors, and service providers.
- Ensure contract terms are clear, enforceable, and aligned with organizational objectives.
- Collaborate with legal and finance teams to mitigate risks and address contractual issues.
- Track contract milestones, renewals, and amendments to ensure compliance and timely execution.
- Resolve disputes and discrepancies arising from contract interpretation or performance.
Supplier Relationship Management:
- Cultivate positive relationships with key suppliers to foster collaboration and drive continuous improvement.
- Evaluate supplier performance based on predefined metrics and feedback from internal stakeholders.
- Identify opportunities for cost savings, process efficiencies, and value-added services through supplier engagement.
- Address supplier concerns promptly and effectively to maintain productive partnerships.
Compliance and Risk Management:
- Stay updated on relevant laws, regulations, and industry standards governing procurement and contracts.
- Ensure adherence to internal policies, ethical standards, and best practices in procurement and contracting.
- Assess and mitigate risks associated with procurement activities, including supplier selection, contract negotiations, and performance monitoring.
- Implement measures to enhance transparency, accountability, and integrity in procurement processes.
Reporting and Analysis:
- Generate reports and dashboards to track key performance indicators (KPIs), expenditures, and savings achieved through procurement activities.
- Analyze data to identify trends, opportunities, and areas for improvement in procurement operations.
- Provide insights and recommendations to management for strategic decision-making and process optimization.
Qualifications
- Bachelor's Degree in Business Administration, Supply Chain Management, finance, or a related field. Advanced degree or professional certification (e.g., CSCP, CIPS, CPSM) is a plus.
- Proven experience (5years) in procurement, contract management, or related roles, preferably in a corporate or government setting.
- Strong understanding of procurement principles, contract law, and negotiation techniques.
- Excellent analytical, communication, and interpersonal skills.
- Proficiency in contract management software, ERP systems, and Microsoft Office Suite.
- Ability to work independently, prioritize tasks, and manage multiple projects simultaneously.
- Attention to detail and a commitment to upholding high ethical standards in procurement practices.
Application Closing Date
31st March, 2024.
Method of Application
Interested and qualified candidates should send their CV and professional qualifications alongside a Cover Letter to: [email protected] using the Job Title as the subject of the email.
https://www.hotnigerianjobs.com/hotjobs/604887/contract-procurement-specialist-at-multinational-t.html