Cost & Procurement Manager

Emirates Park Zoo; Abu Dhabi; On-site; AED 50,000 - 90,000; Full time

Job summary

An established industry player seeks a Cost and Procurement Manager to oversee procurement processes and control costs across their operations. This full-time role involves collaborating with various departments to ensure effective cost management and compliance with budgetary constraints. The ideal candidate will have strong negotiation skills and a solid background in procurement and financial analysis. Join a team that values efficiency and innovation, and make a significant impact on operational success while developing cost-saving strategies that enhance service quality.

Qualifications

• 5+ years of experience in procurement and cost management.
• Strong financial acumen with the ability to analyze and control costs.

Responsibilities

• Manage vendor relationships and negotiate contracts effectively.
• Prepare and manage the procurement budget to ensure compliance.

Skills

Procurement and sourcing expertise

Budget management and cost analysis

Strong negotiation skills

Supplier relationship management

Financial analysis and reporting

Problem-solving and decision-making abilities

Attention to detail and organizational skills

Education

Bachelor's degree in Business Administration

Master's degree in related field

Tools

Procurement software

Financial management systems

Job description

The Cost and Procurement Manager will be responsible for managing the procurement process and controlling costs associated with goods, services, and operations across the resort and zoo. The role requires collaboration with various departments to ensure effective cost management, budget compliance, and vendor relationships, while driving efficiency in procurement activities.

Duties & Responsibilities:

1. Oversee the end-to-end procurement process for all operational needs.
2. Manage vendor relationships, negotiate contracts, and ensure the timely and cost-effective acquisition of goods and services.
3. Conduct market research to identify the best suppliers and cost-effective solutions.
4. Ensure compliance with company policies, legal requirements, and sustainability standards in procurement practices.
5. Prepare and manage the procurement budget, ensuring expenditure aligns with budgetary constraints.
6. Monitor, track, and analyze departmental costs to ensure financial objectives are met.
7. Develop and implement cost-saving strategies without compromising on quality or service.
8. Provide regular reports on cost performance and recommend actions to stay within budget.
9. Prepare detailed cost analysis reports for various departments, highlighting opportunities for cost reduction.
10. Draft, review, and manage procurement contracts, ensuring all terms and conditions are met.
11. Coordinate with finance teams to resolve any contract-related issues.
12. Monitor contract performance to ensure suppliers meet agreed-upon terms and timelines.
13. Work closely with operations, hospitality, and maintenance teams to understand procurement needs and provide timely support.
14. Assist in developing cost-efficient and innovative solutions for operational requirements.
15. Train and support team members on cost control processes and procurement best practices.
16. Ensure all procurement activities comply with internal policies, industry standards, and local regulations.
17. Prepare and present procurement performance reports to senior management.
18. Track and maintain records of procurement activities, contracts, and supplier performance.

Requirements:

• Bachelor's degree in Business Administration, Finance, Supply Chain Management, or a related field (Master's degree preferred).
• At least 5 years of experience in procurement and cost management.
• Strong financial acumen with the ability to analyze and control costs effectively.
• Knowledge of procurement software and financial management systems.
• Strong communication, negotiation, and interpersonal skills.

Skills:

• Procurement and sourcing expertise
• Budget management and cost analysis
• Strong negotiation skills
• Supplier relationship management
• Financial analysis and reporting
• Problem-solving and decision-making abilities
• Attention to detail and organizational skills

Working Conditions:

• Full-time position
• Office-based with some onsite visits required
• May involve irregular hours depending on operational needs