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Sr. Procurement Specialist

4 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Geidea Group Full time

Join to apply for the Sr. Procurement Specialist role at geidea.

Established in 2008, Geidea epitomises customer focused empowerment and commercial success through continuous innovation.

Geidea makes best in class digital payment solutions available for all by attracting and leveraging the best creative & entrepreneurial talent in the market.

Our technology mirrors our people - Smart, Innovative & Forward Thinking.

To maintain competitive advantage as we grow, we are currently looking for new Sr. Procurement Specialist.

Job purpose:

Responsible for participating in group-wide procurement activities, particularly leading technology procurement, including the day-to-day operations, delivery follow-ups, and supplier relationship management.

Key accountabilities and decision ownership:Review and Process Purchase Requisitions:
  • Evaluate all approved technology-related purchase requisitions within the SAP system.
  • Convert approved requisitions into purchase orders, adhering to procurement policies and standard operating procedures (SOPs).
  • Sourcing for renowned technical suppliers in local and global markets.
  • Identify, evaluate, and select technology vendors and suppliers, ensuring they meet the organization's technical and compliance requirements.
  • Develop and maintain strong relationships with strategic technology suppliers in the market, to ensure optimal performance and value.
Contract Negotiation and Management:
  • Negotiate contracts with technology vendors, focusing on cost-effective pricing, and service level agreements (SLAs).
  • Basic legal review of vendor contracts in terms of favorable terms as well as technical / compliance requirements.
  • Monitor key existing contracts, facilitating timely renewals or terminations, as needed.
Delivery and Implementation Oversight:
  • Ensure timely delivery and implementation of technology products and services, coordinating with internal IT teams and external suppliers.
  • Address and resolve any issues related to technology deliveries or implementations promptly.
  • Collaborate with the finance team to ensure accurate budgeting, forecasting, and timely payments to technology suppliers.
Risk Management and Compliance:
  • Identify potential risks in technology procurement and develop mitigation strategies.
  • Ensure all procurement activities comply with relevant legal and regulatory requirements, as well as internal policies.
Process Improvement and Automation:
  • Recommend and assist in implementing automation and integration opportunities to enhance procurement workflows and processes.
Must have technical / professional qualifications:
  • 5+ years of experience in procurement, with at least 2 years in technology-related procurement.
  • Banking sector or IT background experience is preferred.
  • Should be experienced with technical RFIs / RFPs & bidding / tendering, regulatory requirements for vendor registration & screening, and technical / commercial scorecard (evaluation).
  • CIPS certificate or procurement/supply chain certificate is preferred.
  • Strong understanding of technology products and services, including software, hardware, and IT services.
  • Proficiency in SAP or similar enterprise resource planning (ERP) systems.
  • Preferred to have experience with introducing procurement software.

Our values guide how we think and act - They describe what we care about the most:

  • Customer first - It's embedded in our design thinking and customer service approach.
  • Open - Openness allows us to constantly improve and evolve.
  • Real - No jargon and no excuses
  • Bold - Constantly challenging ourselves and our way of thinking.
  • Resilient – If we fail, we bounce back stronger than before.
  • Collaborative - We know that we can achieve a lot more as a team.

We are changing lives by constantly striving for a better solution.

Click apply below and become part of the Geidea story.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Purchasing

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