Procurement Manager

Abu Dhabi Commercial Bank; Abu Dhabi; Hybrid; AED 335,000 - 614,000; Full time

Benefits offered by this job

Competitive Salary

Comprehensive Benefits

Flexible/Remote Working

Learning & Development Opportunities

Job summary

Abu Dhabi Commercial Bank is seeking a seasoned procurement leader to drive spend management and supplier performance within the Finance business area.

You will lead cost reduction initiatives, manage tenders from request to award, and mentor a team to deliver value while ensuring compliance with ADCB procurement policies and high service standards.

Join a diverse organization that values collaboration, integrity and professional growth.

Qualifications

• 6+ years in procurement or financial services.
• Experience in managing others.
• Knowledge of sourcing techniques.
• Strong negotiation and networking skills.
• Aptitude for decision-making and numbers.
• Experience with supplier management software.

Responsibilities

• Deliver and support cost reduction strategies for supplier categories.
• Publish periodic performance monitors for category spend.
• Support tender processes and negotiate with suppliers.
• Review tenders from request to closure to ensure completeness.
• Advise on cost-benefit alternatives to ADCB.
• Ensure awards justify not lowest bidder with policy.
• Be the procurement point-of-contact to ensure quality and response time.
• Support internal departments, ensuring SLA fulfilment.
• Lead and develop the team following ADCB policies.
• Organise and supervise team to meet targets and deliver the business plan.

Skills

Negotiation

Data analysis

Decision making

Leadership

Sourcing

Education

Bachelor's in Finance

Job description

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the Business Area - Finance

As a Finance team, we are partners to the business in achieving the company's goals and driving the banks performance. We have been able to significantly add value in guiding and influencing decisions through our insight and understanding of the numbers. We focus on our clients and customers, on building deep and long-standing relationships and on improving the quality of our service and solutions; whilst balancing the pursuit of growth focusing on disciplined management of costs and risks, keeping a firm grip on liquidity and capital.

In this role, your key responsibilities include

• Deliver and support sustainable cost reduction and management strategies relating to high volume of suppliers within given category(s) of spend to ensure high quality and timely business support.
• Manage and publish periodic performance monitors within given category(s) as required to ensure full understanding of all details.
• Support project stakeholders on and after the award of business following the tender process, establish and maintain rapport with all levels of supplier's personnel and negotiate in order to meet quality, delivery and cost objectives.
• Support, review, analyse and approve all tenders from tender request to tender closure to ensure completeness of requirements.
• Investigate and advise effective alternative solutions to ensure generation of cost benefits to ADCB.
• Review, analyse all purchases where awards are not made to the lowest bidder to ensure justification exist as per the procurement policy before obtaining manager’s approval.
• Act as the point-of-contact within the Procurement Department to support end-users request to ensure high standards of quality and high response time.
• Support internal departments, reviewing and commenting on the completion of progress against the SLA ensuring the fulfilment of obligations by contractors and approve or reject requests for deviation from contract specifications to ensure suppliers' adherence to agreements.
• Manage self and team in line with ADCB's people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance.
• Organise and supervise the activities and work of the team to ensure that targets and objectives are achieved and the business plan is delivered in line with the required policies, processes, procedures and systems.

The ideal candidate should have the following experience

• At least 6 years of experience in procurement or financial services with 3 years of experience in managing others.
• Bachelor’s Degree in Finance or related subject.
• Knowledge of sourcing and procurement techniques.
• Talent in negotiations and networking.
• Good knowledge of supplier or third party management software.
• Aptitude in decision-making and working with numbers.
• Experience in collecting and analysing data.
• Strong leadership capabilities .

What we offer:

• Competitive Salary + Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
• Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
• Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
• Learning and Development Opportunities: We value and facilitate continuous learning and personal development through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-learning catalog, on-the-job training, and professional development programs.