Executive Manager - Procurement

Executive Manager – Procurement

Job Description

Role Purpose:
The procurement executive manager role is significant in driving the strategic direction and operational excellence of the procurement function. You are tasked with spearheading end-to-end procurement activities, ensuring efficient sourcing, effective supplier management, risk mitigation, compliance adherence, and process optimization. Your primary objective is to orchestrate procurement strategies aligned with the organization's objectives, ultimately contributing to cost savings, operational efficiency, and the attainment of quality goods and services.
Key Accountabilities:
1- Strategic Sourcing Leadership;
Develop and execute comprehensive sourcing strategies aligned with organizational objectives, emphasizing cost-effectiveness and quality. Conduct thorough market analysis, supplier assessments, and negotiations to secure optimal terms and pricing agreements
2- Contractual Expertise and Administration;
Lead and oversee contract negotiations, crafting robust agreements compliant with legal, regulatory, and performance parameters. Collaborate closely with Legal and Finance teams to ensure contractual terms mitigate risks and align with organizational interests.
3- Supplier Relationship Cultivation;
Cultivate and maintain strong relationships with key suppliers, conducting regular performance reviews and effectively managing any issues or escalations. Drive collaborative efforts with suppliers for continuous improvement initiatives and innovation.
4- Compliance Management and Risk Mitigation;
Establish and enforce rigorous procurement policies and procedures, ensuring strict adherence to industry regulations and ethical standards. Identify, assess, and mitigate procurement-related risks, implementing measures to safeguard organizational interests..
5- Process Optimization and Innovation;
Continuously assess and optimize procurement processes, identifying opportunities for improvement and implementing best practices. Integrate technological tools and data analytics for streamlined operations, enhanced reporting capabilities, and informed decision-making.
6- Leadership and Cross-functional Collaboration;
Provide effective leadership, guidance, and mentorship to the procurement team, fostering a culture of collaboration, growth, and accountability. Collaborate cross-functionally with departments to ensure procurement strategies align with organizational goals.

Skills

Procurement experience including 3 years of managerial role in the medical procurement field. Financial Acumen. Process Design and Implementation. Vendor Management. Billing and Collections. Cash Flow Management. Reporting. Technology Adaptability. Problem-Solving. Critical Thinking. Stakeholder Management. Clear Communication. Proactive Approach. Team Leadership. Decision-Making. Time Management.

Education

Bachelor's degree in Accounting, Finance, Industrial Enginering or related feild.
Job Location Jeddah , Saudi Arabia Job Role Accounting/Banking/Finance Years of Experience Min: 5 Max: 9 Residence Location Jeddah , Saudi Arabia