Procurement Specialist

This is a pivotal role in streamlining procurement and commercial operations by managing end-to-end vendor relationships and facilitating efficient financial engagements. The role is designed to ensure cost-effectiveness, compliance and seamless collaboration between Finance, internal stakeholders, and external vendors.

Responsibilities

• Lead and manage the procurement process for all departments in line with approved budgets and policies.
• Source, evaluate, and negotiate with new and existing vendors to ensure best-in-class pricing, service, and contract terms.
• Implement procurement best practices, ensuring transparency, consistency, and compliance with internal controls
• Act as the primary liaison for vendor onboarding, contract management, and ongoing relationship handling.
• Oversee vendor performance, risk assessments, and timely resolution of service or financial discrepancies.
• Ensure vendors meet all regulatory, legal, and commercial requirements.
• Ensure all commercial arrangements are in compliance with financial policies and audit standards
• Validate and process financial engagements with third-party agents and service provider
• Support Finance Director in developing vendor-related financial reports and dashboards
• Liaise with internal departments to understand procurement needs and facilitate timely delivery of services.
• Provide regular updates to the CEO on strategic procurement initiatives and vendor performance.

Requirement

• Bachelor’s degree in finance, Business Administration, Supply Chain, or a related field. Professional certifications (e.g., CIPS, CFA, CPA) are a plus.
• 4–6 years of progressive experience in procurement, commercial operations, or vendor management, preferably in a financial or government entity.
• Solid understanding of procurement and finance processes, contract law, and vendor governance
• Proven negotiation skills with the ability to manage multiple stakeholders.
• High proficiency in Microsoft Excel, ERP systems (e.g., Oracle, SAP), and procurement tools