Procurement and Contracting Analyst

Wisayah Investment Company; Al Khobar; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading investment firm in Al Khobar is seeking a Procurement and Contracting Analyst. This full-time, on-site role involves preparing, negotiating, and managing contracts within government, corporate, or legal settings. The ideal candidate will have a Bachelor's degree and at least 2 years of relevant experience. Responsibilities include ensuring compliance in procurement processes, evaluating performance, and effective stakeholder communication. Knowledge of procurement regulations and tools like SAP and Excel is advantageous.

Qualifications

• Minimum 2 years of relative work experience.
• Related qualifications in business, supply chain management, or a similar field are required.

Responsibilities

• Prepare, negotiate, and manage contracts for goods or services.
• Ensure accuracy and compliance in procurement and purchase orders processes.
• Evaluate procurement performance and identify cost optimization initiatives.
• Liaise with internal stakeholders and external suppliers.

Skills

Procurement expertise

Analytical skills

Contract negotiation

Effective communication

Collaborative work

Education

Bachelor's Degree

Tools

SAP

Excel

Job description

Role Description

This is a full-time, on-site role located in Al Khobar for a Procurement and Contracting Analyst. The role involves preparing, negotiating, and managing contracts for goods or services, often within government, corporate, or legal environments.

Responsibilities

• Expertise in Procurement and Purchase Orders processes, ensuring accuracy and compliance.
• Strong Analytical Skills to evaluate procurement performance and identify cost optimization initiatives.
• Proficiency in Contract Negotiation to achieve favorable terms and conditions.
• Effective Communication skills to liaise with internal stakeholders and external suppliers.
• Related qualifications in business, supply chain management, or a similar field are required.
• Ability to work collaboratively and deliver results in a dynamic, fast-paced environment.
• Knowledge of procurement regulations and best practices in investment or financial industries is an advantage.
• Understanding of legal terms, contract structures, compliance regulations.
• Experience with solicitation processes, acquisition planning, and supplier evaluation.
• Reviewing pricing structures, cost estimates, and understanding budget implications.
• Creating professional presentations for stakeholders, contract reviews, and summary reports.
• Using Excel for contract tracking, financial analysis, pivot tables, data validation, and reporting.
• Working knowledge of tools like SAP.

Requirements

• Bachelor's Degree
• Minimum 2 years of relative work experience.