Procurement Manager | Enova by Veoila
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position ofย “Procurement Manager”.
Company Name |
Enova by Veoila |
Qualification | Bachelors Degree | Diploma | Certification |
Experience | 5 – 7 years of Relevant Experience Required |
Monthly Salary | 18,000 AED โ 20,000 AEDย |
Employment Type | Fullย ย Time | Permanent |
Company Size | 50-100 Employees |
Benefits | Medical Insuranceย |
Location | Dubai |
Job Purpose
To manage the implementation of procurement, purchasing, and contracts strategies and activities to ensure delivery of optimal quality and cost-effective services, materials, parts, supplies, and equipment in line with Enovaโs needs while ensuring the best interests of the organization are met and ensuring the purchases are carried out with favorable terms and conditions and protect the best interests of the organization.
Job Responsibilities
- Develop the procurement, purchasing and contracts departmental strategy and ensure effective cascading of strategy into implementable policies and procedures in line with the overall business objectives of the organization
- Manage the effective achievement of objectives through setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal in order to maximize subordinate and the overall performance
- Define an optimum departmental structure so that resources are optimally utilized and communication can take place in an efficient manner
- Prepare the budget for the procurement, purchasing, and contracts department and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, and areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalized upon
- Monitor trends in supplier and contract base and propose/implement plans to respond to such trends
- Manage the control and execution of the tender cycle and documentation in order to obtain and evaluate competing bids from suppliers/vendors to source optimal terms and conditions for supplies and services in compliance with approved standards and policies
- Manage the design of contract development and management policies, processes and procedures in collaboration with Legal and Compliance department to ensure that Enovaโs contracts maintain the best interests of the organization
- Obtain required approvals from all parties prior to Enova awarding a contract to ensure proper governance of procurement and contracts policies and procedures
- Guide the team during the tender evaluation process by providing procurement and contract advice and support in order to facilitate the final selection of suppliers
- Review existing contracts and identify opportunities for improved value for money in order to optimize costs and maintain the best interests of the organization
- Manage negotiations with selected suppliers/ vendors on price in order to obtain the best market cost for supplies/services to achieve cost savings and optimally utilize Enovaโs budgets
- Manage and review the contract preparation process in line with the defined scope of work and specifications in order to protect the Companyโs interests and ensure that contractors adhere to the specified terms and conditions, timelines and quality standards
- Manage the development of standard templates and formats on contract issuance and provide necessary recommendations in order to ensure timely and accurate development of documents
- Encourage effective contract management across the business with regular reviews, development/implementation of Service Level Agreements and key performance measures in order to ensure contracts are managed and maintained effectively and any discrepancies is highlighted to the management
- Manage the analysis and monitoring of market intelligence including price benchmarking to ensure the Company maintains optimal deals on all goods and services procured
- Ensure the identification and monitoring of key spending areas and prioritization of purchasing activities and categories in order to obtain cost-saving opportunities for the organization
- Manage the relationship with the suppliers in order to extend the existing agreements with suppliers and bring new items to the list and ensure the best value for money and customer satisfaction with services provided
- Manage the coordination with the Accounts Payable section to ensure accurate and timely payment of invoices, as necessary for the business with the supplier
- Manage the liaison with the Legal and Compliance department on a regular basis regarding the review of contracts from a legal perspective in order to ensure compliance with required regulations
- Provide inputs to enhance departmental policy and procedures and develop/enhance procedures related to respective sections and implement procedures and controls covering all areas of procurement and contracts activity to ensure adherence and effective implementation
- Set up a process of review for all contracts, supplies and suppliers ensuring that maximum value for money benefits are achieved through supplier rationalization, developing an approved supplier list
- Ensure compliance to all relevant quality, health, safety and environmental management procedures and controls to guarantee employee safety, compliance, delivery of high quality products/service and a responsible environmental attitude.
- Supervise the preparation of timely and accurate departmental statements and reports to meet Enovaโs and department requirements, policies and standards.
- Ensure that the approved suppliers list is always updated and reflects the best providers in the marketplace
Qualifications, Experiences, & Skills
Minimum Qualifications:
Bachelorโs Degree in Business Administration, preferably with a Diploma/ certification in Procurement and Contracts
Minimum Experience:
15+ years of experience within procurement, purchasing, and contracts working environment, preferably with some experience in managing a team and with a technical background