Summary
Date Posted: Wednesday, January 01 2025, Base Salary: Not Disclosed

JOB DETAILS:
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives, give dignity and expand opportunities for wealth creation for the people of Africa socially and economically by offering integrated financial services that socially and economically empower consumers, businesses and communities. With a strong footprint in Uganda, Kenya, Tanzania, Rwanda, Southern Sudan and DR Congo, Equity Bank is now home to more than 15 million customers, the largest customer base in the Eastern African Region.
Currently the Bank is seeking additional talent to serve its customers:
Procurement Manager
Reporting to: Senior Manager, Administration and Supply Chain Management

Job Purpose
The Procurement Manager will drive the bank’s supplier term negotiations by ensuring purchase of goods and services as required by the procurement plan whilst ensuring quality control & compliance with Equity Bank’s policies and procedures.
The role holder will plan, execute and finalize procurement plans across the organization to optimize and meet business needs in a timely manner.

Key Responsibilities
• Identify and qualify potential suppliers in order to secure cost effective sources of products and services
• Develop and implement purchasing policies and procedures while ensuring compliance adherence
• Consolidate procurement requests from all branches and bank’s divisions ensuring that delivery is done as per the users’ needs
• Coordinate and liaise with the different Procurement committees and stakeholders in line with the bank’s Procurement strategic direction
• Coordinate the entire Tendering Process, by ensuring development of the instruments up to the recommendations to the Tender committee
• Implement and execute the Tender Committee decisions and coordinate with the business units and suppliers
• Manage the relationships, evaluate and provide recommendations on the performance of service providers
• Monitor the market and vendor bases for emerging services and trends for potential opportunities and advise management accordingly
• Negotiate with vendors to secure advantageous terms
• Plan, appraise, motivate, manage growth and performance of subordinate staff of Procurement Unit
• Plan, coordinate and execute the disposal of items as per internal policy
• Provide direction and develop instruments for procurement budgeting whilst ensuring that all procurements are processed within agreed budget lines
• Review, develop and implement the bank’s internal processes with regard to Procurement and Tendering

Desired Knowledge, Skills & Abilities:
• Bachelor’s degree in Business Administration, Procurement & Supply Chain Management, or related field, from an accredited institution.
• Post graduate qualification by the Chartered Institute of Procurement & Supply is a must.
• At least 8 years of working experience in a purchasing or procurement capacity in a highly competitive Commercial environment, 3 of which must be at managerial level.
• Proven and significant experience in Procurement and contract management, including an ability to review procurement demands & trends, and to develop procurement strategies.
• Good knowledge and understanding of relevant purchasing regulations, laws, and procedures
• Knowledge of the banking products, digital solutions, services, policies, and systems, to enable appreciation of the impact of the role.
• Excellent Understanding of Information Technology policies and procedures.
• Excellent knowledge of Local IT standards, Laws, Regulations.

Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

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