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Senior Procurement Manager CAPEX
Job summary
A nationwide hospitality firm based in the UAE is looking for a Senior Procurement Manager - CAPEX to oversee strategic sourcing and negotiations for major capital investments. The ideal candidate will manage the tendering process, collaborate with multiple departments on project specifications, and ensure adherence to procurement processes and regulations. Excellent negotiation skills and a strong background in financial analysis are essential for maximizing ROI while minimizing risks.
Qualifications
- Proven experience in procurement, preferably CAPEX-related roles.
- Strong negotiation skills with a focus on cost efficiency.
- Ability to collaborate across various departments to define project scope.
Responsibilities
- Develop and execute strategic sourcing plans for CAPEX projects.
- Manage the tendering process for high-value capital goods.
- Lead negotiations for equipment and construction contracts.
- Conduct financial analysis and risk assessments for CAPEX purchases.
- Evaluate and manage a portfolio of suppliers.
Skills
Driven to create unique home‑grown food concepts that bring people together, the Independent Food Company is a UAE‑based hospitality company with multiple concepts under its umbrella – SALT, Parker's, Grind, Somewhere, Public, Soil and Kumo.
We are presently seeking to hire a highly qualified Senior Procurement Manager - CAPEX who is responsible for the strategic sourcing, negotiation, and execution of all purchasing activities related to the organization's significant capital investments. This includes major assets, construction projects, machinery, technology infrastructure, and large‑scale equipment. The role's primary objective is to maximize return on investment (ROI) by ensuring cost efficiency, minimizing risk, and securing timely delivery of high‑quality capital goods and services in alignment with project timelines and budgets.
- Develop and execute strategic sourcing plans for all CAPEX projects. Manage the entire tendering process (RFI, RFQ, RFP) for high‑value capital goods and services, ensuring fairness and transparency.
- Lead complex commercial negotiations for new equipment, construction contracts, and long‑term service agreements, focusing on Total Cost of Ownership (TCO), warranty terms, delivery schedules, and payment structures.
- Collaborate closely with Engineering, Operations, IT, and Finance teams to accurately define project scope, technical specifications, and budgetary constraints, ensuring procurement aligns with project milestones.
- Conduct detailed financial analysis, value engineering, and risk assessments for all major CAPEX purchases, identifying opportunities for savings and mitigating supplier and contract risks.
- Evaluate, qualify, and manage a robust portfolio of local and international CAPEX suppliers and contractors, ensuring performance meets quality, safety, and delivery standards.
- Ensure all CAPEX procurement processes and documentation adhere to internal governance, financial controls, and relevant local and international regulatory requirements.
- Monitor global and regional market trends for commodities, materials, and equipment to inform and optimize future capital purchasing strategies.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.