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Procurement Officer

5.00 to 10.00 Years   Kuwait   19 Jul, 2019
Tamdeen Mall Management
1 Jobs Openings
Job LocationKuwait
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryReal Estate
Functional AreaNot Mentioned

Job Description

The Procurement Officer will support the Finance Team by taking the lead in the sourcing of key resources and suppliers in a controlled, strategic and cost-effective manner.?Detailed is provided below:?

  • Manage overall direction, coordination, and evaluation of procurement.
  • Responsible to execute full lifecycle RFX processes such as performing all procurement and contracting activities including pre-qualification, tender management, negotiation and preparation of contracts.
  • Work with senior Management to set policy and guidelines for delivering commercial and cost-effective procuring process for the business.
  • Develop key relationships with business stakeholders and strategic supply partners to improve business.
  • Negotiate contracts with suppliers to obtain best price and service.
  • Develop and maintain tools to facilitate / automate procurement transaction processing.
  • Under the guidance of Head of Finance, partner with GM / Heads of Departments / corporate sourcing teams to develop and maintain internal processes to ensure consistent quality and timeliness in service delivery.
  • Prepare and maintain spend and project tracking databases.
  • Establish and maintain mechanism for tracking financial and operational value of procurement efforts.
  • Utilize knowledge of applicable spend categories, which may include Technology, F&B, FF&E, Utilities, Facilities Management, Office Services, or similar.
  • Develop preferred vendor base by developing long term contracts for key services such as event operations, F&B and catering, event marketing, event security, cleaning, manpower services etc.
  • Work in a highly collaborative manner, in a matrixed environment, to represent the procurement team with senior stakeholders and senior executives.
  • Provide rigorous analysis of spend data and industry dynamics to prioritize and launch cost reduction initiatives.
  • Work with cross functional teams to develop SLAs, KPIs and performance monitoring tools for the supply and service vendors.?
  • Support the Head of Finance to analyse business, financial, and legal risks and develop and communicate creative solutions and mitigation strategies for key negotiation points.
  • Comply with audit, financial, and system requirements and assist in resolving post-execution nonstandard contract modification requests and disputes.
  • To support budget and forecasting process.

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