Procurement & Contracts Manager

Oman Investment Authority; Muscat; On-site; OMR 90,000 - 150,000; Full time

Job summary

Oman Investment Authority is seeking a senior procurement and supply chain leader to develop and implement AASAAL's procurement strategy across the hospitality asset portfolio. You will oversee end-to-end tendering, supplier management and contract negotiations, ensuring governance and cost savings.

The role requires a Bachelor's degree in a related field and 10+ years in procurement, with strong knowledge of local regulations and market dynamics; leadership of cross-functional teams is

Qualifications

• Bachelor's degree or equivalent in a related discipline.
• Professional qualification in procurement, supply chain or contract management is highly desirable.
• Minimum of 10 years of experience in procurement, purchasing, supply chain and/or contract management including managerial responsibilities.
• Strong experience in end-to-end tendering, commercial evaluation, negotiation and contract administration.
• Experience in hospitality, real estate, construction or project-related procurement preferred.

Responsibilities

• Develop and implement AASAAL's supply chain strategy, annual procurement plan and category priorities.
• Manage end-to-end procurement activities from demand planning through RFQ, RFP, tendering, evaluation, award and PO issuance.
• Lead contracting activities across pre-tender, tender, contract preparation, review, administration and renewals.
• Establish and oversee supplier management with regular evaluations and performance reviews.
• Ensure governance, reporting and stakeholder management with timely procurement pipeline and spend reports.

Skills

End-to-end tendering

Negotiation

Contract management

Supplier management

Budgeting & forecasting

Governance & reporting

Stakeholder management

Education

Bachelor's degree in Supply Chain Management, Procurement, Business Administration, Engineering, Quantity Surveying or related discipline

Professional qualification in procurement, supply chain or contract management

Job description

RESPONSIBILITIES

• Strategic Contribution: Develop and implement AASAAL's supply chain strategy, annual procurement plan and category priorities in alignment with business investment project and operational requirements across AASAAL and its hospitality asset portfolio. Develop, maintain and continuously improve procurement, purchasing, tendering and contract management policies, procedures, templates and controls ensuring compliance with applicable laws, OIA requirements, delegated authorities and AASAAL policies. Prepare and monitor the Supply Chain budget, procurement pipeline and spend forecasts and identify opportunities for savings, cost avoidance and process improvement.
• Procurement & Purchasing Lead: End-to-end procurement and purchasing activities across AASAAL and its hospitality asset portfolio from demand planning and sourcing strategy through RFQ, RFP, tendering, evaluation, negotiation, award, purchase order issuance and delivery. Manage day-to-day and project-related purchasing to ensure goods and services are procured at the required quality, commercial terms and timelines. Lead commercial evaluations and coordinate technical evaluations with business owners, prepare award recommendations and obtain approvals from the relevant authorised signatories. Ensure complete and accurate procurement documentation is maintained to provide a clear audit trail and support effective governance and reporting. Oversee supplier registration, categorisation and vendor master data including alignment with ERP requirements and approved vendor management processes.
• Contracts & Tendering Lead: Lead contracting activities across pre-tender, tender, contract preparation, review, administration, variations, renewals and close-out ensuring adherence to stakeholder requirements and approved standards. Lead commercial and contractual negotiations to secure favourable terms while ensuring specifications, obligations, delivery requirements, pricing and commercial risks are appropriately addressed. Coordinate with Legal and relevant business owners on contract terms and conditions, amendments, claims, disputes and contractual risk matters and support timely resolution where required. Monitor key contracts, deliverables, expiry and renewal dates, variations and supplier obligations and escalates potential breaches or performance issues in a timely manner.
• Supplier & Commercial Management: Establish and oversee a supplier management approach that achieves required quality, delivery, service and commercial performance supported by regular supplier evaluation and performance reviews. Maintain strong knowledge of the local and regional supplier and contractor market and develop a competitive, capable and appropriately diversified supplier base. Drive value-for-money initiatives through effective negotiation, demand consolidation across the hospitality asset portfolio, long-term agreements and other appropriate commercial approaches. Support the development of Omani suppliers and SMEs and monitor in-country value requirements across relevant procurement and tendering activities.
• Governance, Reporting & Stakeholder Management: Ensure procurement and tendering activities are conducted transparently, ethically and in accordance with approved authorities, policies, procedures and applicable regulatory requirements. Build effective working relationships with Finance, Development, Asset & Operations, Audit, Risk & Compliance and other business functions to ensure timely and effective supply chain support. Prepare accurate and timely reports on the procurement pipeline, spend savings, contract status, supplier performance, cycle times, in-country value and other key supply chain indicators.

EDUCATION & EXPERIENCE

• Bachelor's degree in Supply Chain Management, Procurement, Business Administration, Engineering, Quantity Surveying or a related discipline.
• Professional qualification in procurement, supply chain or contract management from a recognised institution is highly desirable.
• Minimum of 10 years of experience in procurement, purchasing, supply chain and or contract management including managerial or supervisory responsibility.
• Strong experience in end-to-end tendering, commercial evaluation, negotiation, contract administration and supplier management.
• Experience in managing high-value contracts and complex supplier or contractor relationships.
• Experience in hospitality, tourism, real estate, construction or project-related procurement is preferred.
• Strong knowledge of procurement and contracting standards, internal controls, local regulations and commercial practices.
• Good knowledge of the local and regional supplier and contractor market.