Procurement Associate

This role is responsible for overseeing end-to-end procurement and contracts management activities, ensuring efficient sourcing, cost optimization, supplier performance, and compliance with financial and procurement policies. The role plays a key part in supporting operational efficiency, strengthening vendor relationships, and driving strategic procurement initiatives across the organization.

Key Responsibilities

• Oversee procurement and contracts management workflows, ensuring alignment with approved budgets and internal policies
• Manage vendor sourcing, evaluation, onboarding, and ongoing performance monitoring
• Negotiate commercial terms, pricing structures, and contract conditions to achieve cost efficiency and value creation
• Build and maintain strong relationships with internal stakeholders and external suppliers
• Monitor purchase orders, contract renewals, procurement documentation, and audit readiness processes
• Track operational expenditure against budgets and identify potential cost overruns and savings opportunities
• Implement supplier consolidation, cost optimization, and procurement efficiency initiatives
• Coordinate with Finance and Accounts Payable teams to ensure invoice verification and payment accuracy
• Ensure compliance with procurement policies, approval matrices, governance frameworks, and regulatory requirements
• Prepare procurement MIS reports, savings dashboards, and management presentations to support decision-making
• Support internal and external audits by maintaining complete procurement records and control documentation

Experience / Requirements

• Bachelor’s degree in Accounting, Commerce, Supply Chain Management, Finance, or a related field
• 5–8 years of experience within procurement, contracts management, supply chain, or related functions
• Experience within the Middle East market is preferred
• Professional certifications in procurement, supply chain, or related disciplines are an advantage
• Strong understanding of procurement policies, contracts management, budgeting, and cost analysis
• Experience managing vendor relationships, negotiations, and supplier performance
• Knowledge of procurement systems, reporting tools, and digital procurement platforms preferred
• Ability to manage multiple priorities and work cross-functionally within a fast-paced environment

Key Skills

• Procurement & Contracts Management
• Vendor Management
• Negotiation Skills
• Budgeting & Cost Analysis
• Expense Control
• Data Analysis & Reporting
• Communication & Influencing

Industry

• Financial Services
• Investment Management
• Corporate Services

Employment Type

Full-time