Senior Executive Procurement

Al Ghurair Investment; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent investment firm is seeking a Senior Executive - Procurement to manage end-to-end purchasing activities. This role requires responsible vendor evaluation, negotiation for favorable terms, and maintaining supplier relationships. Ideal candidates will have a Bachelor's degree in Business Administration, with 2-7 years of experience in procurement or supply chain. Proficiency in ERP systems like Oracle and procurement software is essential. The position is located in Abu Dhabi, UAE.

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• 2-7 years of experience in procurement or supply chain.
• Proficiency in ERP systems and procurement software.

Responsibilities

• Identify and evaluate potential vendors, and conduct market research.
• Lead negotiations for favorable pricing and terms; draft supplier contracts.
• Monitor inventory levels to prevent shortages or excess stock.

Skills

Vendor evaluation

Negotiation

Market research

Cost-saving strategies

Education

Bachelor's degree in Business Administration

CIPS certification

Tools

Oracle

Ariba

MS Office Suite

Job description

Job Description

Senior Executive - Procurement is a mid-to-senior level role responsible for managing end-to-end purchasing activities, from strategic sourcing to vendor performance management. This professional ensures the organization acquires goods and services at the best value while maintaining quality and compliance

Responsibilities

• Identify and evaluate potential vendors, conduct market research, and implement innovative, cost-effective procurement strategies.
• Lead negotiations for favorable pricing, terms, and conditions; draft and review supplier contracts to mitigate risks.
• Build and maintain strong relationships with key suppliers, monitor their performance against KPIs, and conduct regular audits.
• Oversee the full "Procure-to-Pay" (P2P) cycle, including purchase requisitions, purchase order (PO) issuance, and payment reconciliation.
• Monitor inventory levels to prevent shortages or excess stock and drive cost-saving initiatives across the department.
• Ensure all activities adhere to company policies and legal regulations; prepare MIS reports and budget forecasts for senior management.

Qualifications

• A Bachelor's degree in Business Administration, Supply Chain Management, or a related field is typically required. Certifications like CIPS (Chartered Institute of Procurement & Supply)
• 2-7 years of experience in procurement or supply chain
• Proficiency in ERP systems example Oracle, -procurement software (e.g., Ariba), and MS Office Suite