Procurement Officer

First.tech Group

Abu Dhabi

On-site

AED 240,000 - 380,000

Full time

5 days ago
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Job summary

First.tech Group is seeking a Procurement Officer to lead end-to-end sourcing across technology, services, and operations within a dynamic FinTech environment.

You will drive total cost of ownership analysis, supplier performance, and category management while aligning with Legal, Finance, and business stakeholders to ensure compliant procurement across the group.

Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field
  • Professional certification such as CIPS, CPSM, or equivalent (preferred)

Responsibilities

  • Lead end-to-end sourcing processes including RFI, RFQ, and RFP across technology, services, and operational categories
  • Evaluate suppliers using total cost of ownership (TCO) including cost, quality, risk, and service
  • Draft, review, and manage procurement contracts in coordination with Legal, Finance, and business stakeholders
  • Ensure procurement activities comply with internal policies and UAE regulatory requirements
  • Manage the complete contract lifecycle including renewals, amendments, expiry monitoring, and renegotiations
  • Process and manage purchase requisitions, purchase orders, and goods/services receipts
  • Monitor open orders and delivery timelines; escalate supply issues proactively
  • Track and analyse spend data; prepare procurement reports and dashboards
  • Own procurement savings reporting, cost avoidance reporting, and procurement dashboards
  • Forecast procurement demand and identify aggregation opportunities across group entities

Skills

Negotiation
Documentation
MS Excel
ERP (SAP/Oracle)
Strategic sourcing

Education

Bachelor's degree
CIPS CPSM (preferred)

Tools

SAP ERP
Oracle ERP

Job description

The Procurement Officer is a key member of the Corporate Operations team, responsible for managing end-to-end sourcing and purchasing activities across all spend categories — including technology and SaaS, professional services, facilities, and operational supplies.

The role is suited to a commercially minded professional who can balance rigorous process with business agility. It offers exposure to a dynamic, multi-entity FinTech Group and a structured path for professional growth within procurement and operations. The role is accountable for delivering strategic sourcing, total cost of ownership (TCO) optimisation, commercial value creation, supplier performance management, category management, and procurement governance across the group.

  • Lead end-to-end sourcing processes including RFI, RFQ, and RFP across technology, services, and operational categories
  • Evaluate suppliers using total cost of ownership (TCO) including (cost, quality, risk, and service)—not only purchase price.
  • Conduct market intelligence and benchmarking to ensure the Group procures the most economical goods and services.
Contract & Compliance Management
  • Draft, review, and manage procurement contracts in coordination with Legal, Finance, and business stakeholders
  • Ensure all procurement activities comply with internal policies, approval authority matrices, and applicable UAE regulatory requirements. Maintain accurate and auditable procurement records, documentation, and contract repositories
  • Manage the complete contract lifecycle including renewals, amendments, expiry monitoring, and commercial renegotiations.
Purchasing Operations
  • Process and manage purchase requisitions, purchase orders, and goods/services receipts in a timely manner
  • Liaise with Finance to ensure smooth PO-to-invoice workflows and resolve payment queries with vendors
  • Monitor open orders, delivery timelines, and escalare supply issues proactively
Spend and analysis reporting
  • Track and analyse spend data across categories to identify savings opportunities and consolidation potential
  • Prepare regular procurement reports, dashboards, and category performance summaries for management
  • Own procurement savings reporting, cost avoidance reporting, and procurement dashboards.
  • Forecast procurement demand and identify aggregation opportunities across group entities.
Qualifications:
  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field
  • Professional certification such as CIPS, CPSM, or equivalent (preferred)
Experience:
  • 4–7 years of procurement experience, ideally within financial services, technology, or a multi-entity corporate environment
  • Hands-on experience managing multi-category procurement including IT/SaaS, professional services, and facilities/ops
  • ISO certification is preferred
  • Exposure to FinTech, InsurTech, or regulated financial services environments is an advantage
Skills:
  • Strong commercial negotiation skills with a track record of achieving cost savings and favourable contract terms
  • Strong organisational and documentation skills; high attention to detail
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint) and procurement systems/ERP (e.g. SAP, Oracle, or similar)
  • Experience with strategic sourcing, category management, TCO analysis, supplier performance management, and procurement analytics.
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