Summary
- To manage and oversee all aspects of contract development, procurement strategies, supplier management, and compliance for goods, services, and works in line with company policy and project requirements
- This role ensures value for money, risk mitigation, and legal compliance across procurement activities.
Key Responsibilities
Contracts Management:
- Develop, review, negotiate, and administer a wide range of contracts (e.g., service agreements, supply contracts, construction contracts).
- Ensure contracts are compliant with legal and regulatory standards.
- Monitor contract execution and enforce terms and conditions.
- Resolve contractual disputes and claims in a timely and cost-effective manner.
Procurement & Sourcing:
- Lead sourcing strategies for key categories of goods and services.
- Ensure transparent, competitive procurement practices aligned with organizational policies.
- Prepare Request for Quotations (RFQs), Request for Proposals (RFPs), and bid evaluation reports.
- Manage procurement planning and supplier prequalification.
Supplier & Vendor Management:
- Identify, evaluate, and onboard new suppliers.
- Maintain strong supplier relationships and conduct periodic performance reviews.
- Negotiate best-value pricing, delivery terms, and service conditions.
Compliance & Risk Management:
- Ensure adherence to procurement guidelines, company policies, and industry regulations.
- Identify and mitigate procurement and contractual risks.
- Maintain proper documentation and audit trails for all procurement activities.
Budget & Cost Control:
- Work with finance and project teams to ensure procurement is aligned with budget forecasts.
- Analyze cost drivers and implement cost-saving initiatives without compromising quality.
Stakeholder Engagement:
- Collaborate with internal departments (engineering, projects, legal, finance) to align procurement strategies with business goals.
- Provide advisory support on contract matters to project teams and senior management.
Key Performance Indicators (KPIs)
- Cost savings achieved through negotiations
- Contract delivery compliance rate
- Supplier performance and risk ratings
- Timeliness of procurement cycle
- Contract dispute resolution success rate.
Requirements
Education & Qualifications:
- Bachelor’s degree in Procurement, Business Administration, Engineering, Law, or related field.
- Relevant certifications (e.g., CIPS, PMP, or equivalent) are highly desirable.
Experience:
- Minimum of 5–8 years’ experience in contract administration and procurement, preferably in the energy, infrastructure, construction, or manufacturing sectors.
- Demonstrated experience managing high-value contracts and tenders.
Skills & Competencies:
- Strong negotiation and analytical skills
- Good understanding of local and international procurement regulations
- Excellent knowledge of contract law, risk assessment, and compliance
- Proficiency in ERP or procurement software (e.g., SAP, Oracle, Coupa)
- Excellent communication and stakeholder management abilities
- Attention to detail and integrity