Job Purpose
The Senior Manager – Procurement will be responsible for overseeing and managing all procurement activities essential for the effective functioning of the facility management company. The role involves strategic planning, supplier/vendor management, cost control, contract management, and ensuring compliance with procurement policies and regulations. The incumbent will play a key role in driving efficiency, ensuring value for money, and supporting business growth.
Key Responsibilities & Accountabilities
Procurement Strategy & Planning
- Develop and implement procurement strategies aligned with company objectives.
- Optimize procurement processes to ensure cost efficiency, quality, and timely delivery.
- Drive continuous improvement in procurement operations.
Supplier & Vendor Management
- Identify, evaluate, and negotiate with suppliers to secure competitive terms.
- Build and maintain strong supplier relationships to ensure reliability and service excellence.
- Conduct supplier performance reviews and ensure compliance with contracts.
Contract & Compliance Management
- Lead contract negotiations and ensure favorable terms and risk mitigation.
- Ensure adherence to company procurement policies, procedures, and regulatory requirements.
- Maintain ethical standards and integrity in all procurement activities.
Financial & Cost Optimization
- Conduct cost analysis and identify opportunities for savings and value creation.
- Monitor procurement budgets and ensure alignment with financial objectives.
- Implement effective spend management and reporting practices.
Reporting & Analysis
- Prepare and present reports on procurement performance, key metrics, and cost savings.
- Analyze procurement data to identify trends, risks, and opportunities for improvement.
- Support senior leadership with insights to drive informed decision-making.
Knowledge, Experience & Skills
Educational Qualifications
- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Advanced degree or professional certifications (e.g., CSCP, CPSM) will be an added advantage.
Experience
- Minimum 8+ years of proven procurement experience, preferably in facility management, real estate, hospitality, or related industries.
- Experience managing procurement for residential complexes with exposure to electrical and technical requirements is highly desirable.
Skills & Competencies
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities, with expertise in cost analysis and optimization.
- Proficiency in procurement software and digital tools for sourcing, contract management, and spend analysis.
- Effective communication and interpersonal skills; ability to collaborate cross- functionally.
- High attention to detail with commitment to accuracy, compliance, and ethical conduct.
- Strong leadership qualities to drive procurement initiatives and manage teams.