Procurement Manager (UAE National Only)

Abu Dhabi Commercial Bank; Abu Dhabi; On-site; AED 110,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Paid leave

Education assistance

Staff discounts

Flexible working

Learning & development

Job summary

Abu Dhabi Commercial Bank in Abu Dhabi is seeking a seasoned Procurement Manager to lead supplier selection, negotiate contracts, and drive cost savings across procurement efforts. You will manage processes, assess risks, and ensure compliance with internal controls and policies.

The role requires 6+ years in procurement, a Finance/Procurement degree, and Chartered or equivalent qualification. We offer comprehensive benefits, flexible and remote working options, and development opportunities.

Qualifications

• Bachelor’s Degree in Finance, Procurement or related subjects.
• At least 6 years of procurement management experience.
• Ability to manage supplier selection, bids, renewals and contract compliance.
• Strong negotiation and cost-saving capabilities.

Responsibilities

• Manage supplier selection process, planning and negotiating bid proposals and renewals.
• Analyse risks to ensure fairness and transparency in bidding.
• Negotiate critical supply contracts and approve deviations from contract specs.
• Support development of procurement strategies to reduce cost and improve savings.
• Track functional metrics to reduce expenses and improve effectiveness.

Skills

Negotiation

Cost analysis

Procurement strategy

Education

Bachelor’s Degree in Finance or Procurement

Tools

Supplier management software

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:

• Manage supplier selection process, planning and negotiating bid proposals and renewals, following the Bank’s procurement process to ensure optimum benefits to ADCB and compliance to the Bank’s process requirements that maximise cost savings
• Analyse risks with particular emphasis on issues giving rise to time and cost implications, to ensure fairness and transparency in the bidding process
• Negotiate critical supply contracts and approve/reject requests for deviation from contract specification and deliverables to ensure compliance with internal processes
• Support in the management development of procurement strategies to ensure a cross-functional effort to reduce cost, control spend and build a culture of long-term saving on procurement costs
• Monitor completion of internal processes and procedures, correcting inaccuracies to ensure consistent use of best practice procurement techniques and tools and adherence to relevant codes of conduct
• Track and report key functional metrics in order to reduce expenses and improve effectiveness
• Implement continuous improvement strategies, analysing and making recommendation in order to find costeffective deals and suppliers
• Conduct negotiations with current and future external vendors in order to secure advantageous terms
• 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
• Implement approved departmental policies, processes and procedures, and ensure employee adherence so that work is carried out to the required standard while delivering the required standards of service to customers and stakeholders
• Manage and motivate the team to ensure they contribute to, and participate in, the identification and implementation of change initiatives, programmes and projects in line with the Bank’s standards
• Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions
• At least 6 years of experience in procurement management
• Bachelor’s Degree in Finance ,Procurement or related subjects
• Chartered Accountant or other equivalent qualification
• Have a maturity of judgment and an ability to resolve problems under pressure and without delay
• Understand macro-economic factors affecting, driving and influencing sourcing management
• Knowledge of sourcing and procurement techniques as well as a dexterity in “reading” the market
• Talent in negotiations and networking
• Good knowledge of supplier or third party management software

What we offer:

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.