Buyer

Hibiscus Petroleum; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading company in the oil and gas industry is seeking a Buyer to manage procurement contracts. The role involves supplier selection, bid evaluation, and compliance with procurement standards. Ideal candidates have a Bachelor's degree and significant industry experience.

Qualifications

• Minimum 5 years experience in oil & gas industry.
• 3 years in contracts development and management.

Responsibilities

• Manage procurement of materials, equipment, and services contracts.
• Lead negotiation and develop contract proposals.
• Ensure compliance with procurement standards.

Skills

Negotiation

Communication

Planning and Organizing

Education

Bachelor's Degree

Tools

MS Office

MS Project

Job description

Buyer

Posted On: December 2, 2024
Location: Kuala Lumpur
Job Function: Contracts & Procurement
Employment Type: Permanent

The Buyer is responsible for managing & executing procurement of materials, equipment, and services contracts for low to medium complexity tenders on time and within budget.

KEY ACCOUNTABILITIES

• Competitive supplier selection: Receive requisitions, analyze requirement, specifications, drawings, delivery requirements, prepare bid, request pricing and delivery, process queries from bidders, prepare bid evaluation programs; perform cost /price analysis and priced commercial evaluation of bids; lead negotiation and develop negotiating proposals; place award, develop contract and formalities.
• Coordinate multi-functions bid review (User, Legal, Finance, Insurance, Risk, HSSE, etc.) to ensure technical and commercial evaluation are completed on a timely manner and within budget.
• Provide input to identify cost savings and cost avoidance through analysis of trends, spend data, price variance and benchmarking.
• Ensure consistency in documentations ensuring compliance with PETRONAS Procurement Standard (PPS), regulatory requirements and internal procedures.
• Ensure consistency and accuracy of data provided in the procurement ERP system.

REQUIREMENTS AND QUALIFICATIONS

• Possess at least a bachelor’s degree in any field from recognized universities/academic institution
• Possess a minimum of five (5) years of experience in oil & gas industry plus a minimum of 3 years’ experience in contracts development and management in the Oil and Gas industry including developing contracting strategies, contract execution up to contract close-out/ post award contract management.
• Experience of compliance processes within a regulated sector
• Familiar with procurement process in the oil and gas industry.
• Knowledge of upstream contracts and procurement for Operations & Maintenance is an advantage.
• Negotiation, Communication, Managing Interface, Planning and Organizing, Computer (MS Office, MS Project, etc).

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