Vacancy title:
Lead Procurement
Jobs at:
NTF consultantDeadline of this Job:
Wednesday, May 17 2023
Summary
Date Posted: Wednesday, May 17 2023, Base Salary: Not Disclosed
JOB DETAILS:
A senior role to support leadership and management in the finance department to meet the evolving needs and opportunities of a dynamic and results-driven organization. Reporting directly to the CFO serves as both a thought partner for setting the long-term strategy and a day-to-day manager. The Procurement Manager oversees the procurement of goods and services to maximize the value business units receive efficiently and effectively. The Procurement Manager will work with each business unit to lead centralized direct and indirect sourcing and procurement efforts. This will include working with the internal stakeholders from initial need identification to final goods or service delivery to meet stakeholder needs. The Procurement Manager will be responsible for the overall procurement strategy and for increasing spend under management, identifying and evolving best practices, and transforming the unit into a center of excellence. The Procurement Manager will apply knowledge and expertise to assist the business units in strategy development, tender execution, contract negotiation, and supplier performance evaluation.
ROLE AND RESPONSIBILITIES
• Creation and ongoing value creation with a best-in-class supply base
• Development of organizational procurement strategy
• Creation and management of short-, mid-, and long-term goals and objectives for the procurement unit
• Creation and improvement of best practice-based processes (e.g., the leadership of high-value/strategic sourcing efforts)
• Management of business process outsourcing activities
• Identification and realization of cost-saving and cost-reduction opportunities
• Selection and management of procurement systems
• Leading the procurement team in (and across) sourcing, contracting, transactional purchasing, supplier management, and miscellaneous internal procurement support activities
• Creating a talent management process in coordination with HR to ensure that the right resources are in place
• Managing the skills and competency development of procurement staff, including training development and knowledge management capabilities
• Leadership of cross-functional teaming across other business functions and initiatives
• Budget management for categories under management – and for procurement itself
• Development of benchmarks and scorecards to be used for continuous improvement for the procurement unit
• Building a Procurement Centre of Excellence (CoE) to help transform Procurement, and also support the broader transformation of the value chain and the organization
Qualifications
• Bachelor’s degree, advanced degree preferred
• Professional certifications such as CIPS, Certified Professional in Supply Management (CPSM), Certified Purchasing Professional (CPP), Certified Management Accountant (CMA)
Skills and competencies
• Strong leadership skills
• Team player able to collaborate with business units and functional partners like IT, finance, HR, legal, etc.
• Solid operational management and general business skills and savvy
• Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.
• Industry knowledge in terms of broad industry dynamics on the buy-side (and the sell side), but also the internal knowledge and “language of the business”
• Excellent communication skills and even better listening skills that allow the Procurement Manager to get the “voice of the internal customer” and to understand the company culture and how to best communicate procurement’s value to it
• Ability to “sell” procurement’s value and to run procurement as a services business like any other well-run professional services business
• In-depth knowledge of sourcing and procurement principles and best practices, but doesn’t have to come from within the procurement ranks
• Strong negotiation skills to use for large commercial deals
• Experience with modern sourcing and procurement systems
• Familiarity with relevant legislative and regulatory requirements, as well as an understanding of standard contractual terms and conditions to mitigate legal risk
• Strategic mindset and problem-solving skills
• Change management skills and self-awareness to take varying approaches with a dynamic set of stakeholders (e.g., expert model vs. facilitative model)
• Knowledge of enterprise risk management and business continuity planning
• Analytical mindset, but also creativity to seek, encourage and find non-traditional approaches that have historically “boxed-in” procurement
• High level of proficiency with Microsoft Office (Outlook, Word, Excel, PowerPoint, and SharePoint), Adobe, and Oracle NetSuite ERP or other accounting software preferred
Experience
• At least 7 years of senior supply management experience, operational management experience, or experience in the primary service delivery of the organization is typical.
• A proven track record of delivering large savings and other value to large swaths of spend via a strong team of employees that the candidate has led, managed and developed.
Work Hours: 8
Experience in Months: 72
Level of Education: Bachelor Degree
Job application procedure
All candidates who meet the criteria outlined should click here to apply.
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