Senior Manager – Procurement

Job Summary: The Senior Manager of Capex Procurement will oversee and manage the capital expenditure procurement activities, ensuring cost-effective and timely acquisition of capital assets such as machinery, equipment, and infrastructure. This role requires a professional with strong negotiation, strategic sourcing, and vendor management skills, combined with a deep understanding of Capex projects.

Key Responsibilities:

1. Strategic Sourcing:

• Develop and implement procurement strategies for capital projects.

• Identify and evaluate potential suppliers to ensure the best value for the company.

• Conduct market analysis to anticipate trends and assess procurement risks.

2. Vendor Management:

• Build and maintain relationships with key suppliers and contractors.

• Negotiate favourable terms, contracts, and service agreements with vendors.

• Ensure vendor performance meets organizational standards in terms of quality, cost, and timelines.

3. Budget and Cost Management:

• Manage and control Capex procurement budgets, ensuring compliance with financial objectives.

• Monitor spending to identify and capitalize on cost-saving opportunities without compromising quality.

4. Contract Management:

• Lead contract negotiations for capital projects, ensuring alignment with legal, financial, and regulatory requirements.

• Oversee the full lifecycle of contracts from initiation to execution and renewal.

5. Team Leadership and Development

• Lead and mentor the procurement team, ensuring alignment with corporate goals and personal development.

• Foster a collaborative environment that promotes innovation and best practices.

6. Compliance and Risk Management:

• Ensure adherence to all internal policies and external regulatory requirements.

• Proactively manage procurement risks, including supply chain disruptions and contract disputes.