Procurement Manager
2 days ago
About Us:
We are a leading engineering and construction company with a global presence. Our commitment to excellence has earned us recognition as industry leaders.
Job Description:
We are seeking an experienced Procurement Lead to manage strategic procurement operations at our PMO Office in Riyadh, Saudi Arabia.
Responsibilities
Strategic Procurement Planning & Execution:
- Develop and implement procurement frameworks aligned with the company's business objectives.
- Oversee procurement strategies for long-lead materials, equipment, and services across multiple projects.
- Ensure compliance with client procurement policies and regulatory frameworks.
Vendor Management & High-Level Negotiations:
- Lead negotiations for large-scale contracts with key suppliers, ensuring optimal pricing and contract conditions.
- Manage supplier prequalification processes, ensuring all vendors meet technical and financial requirements.
- Develop and oversee Letter of Credit processes, ensuring smooth transactions and timely financial settlements.
- Monitor supplier performance, compliance, and adherence to contract terms.
Contract & Risk Management:
- Review, draft, and manage addendums, amendments, and contractual modifications as per project needs.
- Ensure procurement activities align with Saudi regulations and internal compliance policies.
- Conduct risk assessments and mitigate potential vulnerabilities within the supply chain.
Factory Acceptance Testing (FAT), Third-Party Inspection (3PI) & Commissioning:
- Coordinate Factory Acceptance Tests (FATs) with Project management for critical materials and equipment, ensuring technical compliance before shipment.
- Manage Third-Party Inspections (3PI), ensuring quality assurance and compliance with project specifications.
- Ensure commissioning support by working closely with vendors, ensuring materials and equipment function as per design specifications.
- Assist in managing punch lists and warranty claims post-commissioning to ensure suppliers fulfill their contractual obligations.
- Collaborate with technical teams to resolve any non-conformities identified during FATs, 3PIs, or commissioning phases.
Interdepartmental Coordination:
- Serve as a strategic liaison between project sites, engineering, planning, finance, and logistics teams.
- Provide procurement insights and recommendations to senior management for data-driven decision-making.
- Work closely with logistics teams to ensure timely delivery of procured materials and equipment.
Budget Control & Cost Optimization:
- Manage procurement budgets at a macro level, optimizing financial efficiency across multiple projects.
- Implement cost-saving initiatives to maximize value without compromising project quality.
Process Improvement & Reporting:
- Develop and enhance procurement policies, SOPs, and digital tools for streamlined operations.
- Generate procurement reports, cost analyses, and supplier performance reviews for executive leadership.
Leadership & Team Development:
- Supervise and mentor the PMO procurement team, fostering a culture of excellence and innovation.
- Train procurement professionals on best practices, negotiation techniques, and market trends.
Skills
Job Qualifications
Experience:
- Minimum 10 years of experience in large-scale procurement, EPC, or mega projects.
- Proven expertise in strategic sourcing, contract management, and supplier performance evaluation.
- Experience in working with senior leadership and providing strategic procurement insights.
Technical Knowledge & Skills:
- Strong understanding of Prequalification (PQ) processes, ensuring compliance with client and project requirements.
- Hands-on experience in Letter of Credit (LC) tracking and execution.
- Expertise in managing addendums, amendments, and contract modifications.
- Experience in Factory Acceptance Testing (FAT) and Third-Party Inspections (3PI) for quality assurance.
- Strong knowledge of cost analysis, budgeting, and financial planning in procurement.
- Proficiency in SAP, ERP systems, and advanced Excel tools for data-driven procurement management.
- Excellent negotiation skills, with a proven track record of securing high-value contracts.
Preferred Qualifications:
- Experience in multinational companies.
- Strong knowledge of Saudi Arabia and/or Middle East procurement regulations and supplier networks.
- Experience in importing/exporting materials and managing international logistics.
Language Skills:
- Fluent in English; Arabic is a plus.
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