Chief Procurement Officer

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time

Qiddiya Investment Company is seeking a Chief Procurement Officer - Vendor Management to play a pivotal role in overseeing and optimizing vendor relationships and performance across the organization.

Key Responsibilities
  1. The Chief Procurement Officer will specialize in managing and overseeing IT contracts, developing, negotiating, and reviewing agreements with IT vendors to ensure favorable terms and conditions aligned with organizational goals.
  2. This role involves managing relationships with IT vendors, negotiating contracts, and ensuring the delivery of goods and services according to agreed-upon terms.
  3. Collaboration with procurement and legal teams is essential to optimize vendor partnerships.
  4. Responsibilities include managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships to support the organization's objectives.
  5. The successful candidate will establish and maintain strong relationships with key vendors, ensuring alignment on strategic objectives and performance metrics.
  6. Collaboration with internal stakeholders is crucial to understand their vendor needs and align vendor capabilities accordingly.
  7. Negotiating contracts and agreements to ensure favorable terms, commitment to quality and delivery, and compliance with local regulations is a key responsibility.
  8. The Chief Procurement Officer will lead initiatives for vendor innovation and technology partnerships, exploring opportunities for new solutions and efficiency gains.
Minimum Requirements
  1. A Bachelor's degree in business administration, supply chain management, finance, procurement, or a related field is often required.
  2. Prefer candidates with a master's degree or MBA.
  3. Minimum of 9 years of experience in vendor management, procurement, or contract management, with a proven track record in large-scale projects, with at least 3-5 years in a leadership or managerial role.
  4. Strong negotiation and contract management skills, with experience in managing complex vendor relationships.
  5. Knowledge of local and international vendor markets, especially within sectors including construction, entertainment, or tourism.
  6. Excellent analytical and problem-solving skills, with a data-driven approach to vendor performance management.
  7. Strong communication and interpersonal skills, with the capability to influence and engage stakeholders at all levels.
  8. Fluency in English is required; proficiency in Arabic is highly desirable.
  9. Experience in developing and implementing vendor risk management frameworks and performance improvement plans.

Our company offers a competitive salary and benefits package.


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