Chief Procurement Officer (CHA)

Qiddiya Investment Company; Riyad Al Khabra; On-site; SAR 300,000 - 500,000; Full time

Job summary

A leading company in Saudi Arabia is seeking a Chief Procurement Officer (CPO) to lead their procurement organization. The CPO will be responsible for developing strategies that align with the company's long-term vision, optimizing costs, and managing relationships with stakeholders. This role requires significant experience in procurement leadership, particularly in large-scale projects, and offers an attractive compensation package.

Benefits

Attractive compensation and benefits package

Qualifications

• 10+ years of experience in procurement leadership.
• Extensive experience in supply chain risk management.

Responsibilities

• Develop and implement a comprehensive strategy for procurement activities.
• Optimize costs by overseeing the procurement budget.
• Manage relationships with key external stakeholders.

Skills

Negotiation

Strategic Vision

Cross-Collaborative Work

Education

Bachelor’s or Master’s degree in Supply Chain Management

MBA or higher

Job description

The CPO will lead a procurement organization that encompasses all external spend of Qiddiya. The CPO will be crucial in ensuring value delivery for procurement (e.g., speed, quality), building intelligence on supply chain risks, setting company-wide standards and governance, and establishing a central view on the supply base and market. Qiddiya’s CPO manages internal stakeholders (e.g., Corporate functions, Development Business Units) and external interfaces (Public Investment Fund, Royal Court, and other government entities). He/she will be the key mediator of cross-functional collaboration across Corporate, Development, and other teams and works as a partner with business unit leaders and the Central Development Unit to support operationalizing Qiddiya’s procurement strategy across all business units and their specific projects.

Key Responsibilities :

1. Develop and implement a comprehensive strategy for all procurement activities at Qiddiya to support its long-term vision and strategic objectives, focusing on scalability, on-time delivery, and innovation.
2. Optimize costs by overseeing the procurement budget and leading cost-reduction initiatives, while ensuring value creation through strategic sourcing.
3. Oversee and integrate procurement activities across Corporate Procurement (indirect categories such as IT, marketing), Development & Delivery Category Strategies (building materials, design consultants, etc.), and the Center of Excellence (CoE; risk management, SRM, compliance, policies, etc.).
4. Partner with the business, particularly Development Business Unit Heads and the Central Development Unit (CDU), to support translating strategy into procurement operations and project development goals.
5. Define and implement Supplier Relationship Management (SRM) standards and processes, ensuring long-term partnerships with key vendors, fostering innovation, and driving value creation through strategic collaboration.
6. Ensure Qiddiya’s future systems landscape meets global best-in-class standards to enhance procurement process efficiency and engage with suppliers.
7. Oversee development of category strategies, focusing on critical procurement areas such as building materials, design consultants, and construction services.
8. Develop corporate procurement strategies for indirect categories, ensuring value delivery across all indirect spend.
9. Implement the Center of Excellence, standardizing procurement processes, ensuring compliance, and facilitating continuous improvement in risk management and supplier intelligence exchange.
10. Drive full value enablement by optimizing initiatives across categories, identifying opportunities for strategic sourcing, supplier consolidation, volume purchasing, and value engineering.
11. Ensure a robust risk management framework to identify, assess, and mitigate supply chain risks, including supplier reliability, market volatility, regulatory changes, and geopolitical risks.
12. Develop and maintain procurement policies and processes that ensure compliance with relevant regulations.
13. Act as a counselor for all procurement activities and a partner to business unit heads to ensure strategic alignment in project execution.
14. Build and maintain relationships with key external stakeholders, including government entities, PIF, Royal Court, and regulatory bodies.
15. Support local supplier and contractor relationships, driving localization efforts to meet Local Content and GCPA requirements and support local economic development.
16. Manage relationships with international suppliers to secure competitive pricing, foster innovation partnerships, and access advanced technologies.
17. Lead, mentor, and develop a high-performing procurement team that attracts top talent.
18. Oversee procurement KPIs, reporting, and delivery.
19. Foster a culture of accountability, collaboration, and strategic planning, ensuring the team is equipped to handle project complexities and continually improve.
20. Create and implement training programs to enhance team expertise in supply chain management, risk mitigation, category management, and negotiations.
21. Promote continuous improvement, keeping the team updated on best practices, market trends, and technological advancements.
22. Lead adoption of best practices in systems and processes to ensure procurement efficiency and target achievement.

Requirements

• 10+ years of experience in procurement leadership, preferably in large-scale construction, real estate, or urban development projects.
• Strong background in managing complex category strategies and indirect categories.
• Extensive experience in supply chain risk management, procurement compliance, and supplier relationship management.
• Proven ability to work in cross-collaborative environments and align goals with overarching strategies.
• Bachelor’s or Master’s degree in Supply Chain Management, Business Administration, Engineering, or related fields; MBA or higher preferred.
• CIPS, CPSM, or CSCP certification highly preferred.
• Fluency in English required; proficiency in Arabic highly desirable.

Desired Competencies :

• Strategic Vision : Experience in strategic sourcing for large-scale development or infrastructure projects, especially in entertainment, tourism, or construction sectors.
• Negotiation & Influencing : Strong negotiation skills to secure advantageous terms and maintain positive supplier relationships.
• Experience with Multicultural Leadership : Ability to lead diverse teams across multiple procurement categories.
• Local Context : Understanding of Saudi Arabia’s cultural and business landscape, with a global perspective on supply chain dynamics.

Attractive compensation and benefits package