Senior Procurement Officer

Power International Holding; Riyadh; On-site; SAR 150,000 - 210,000; Full time

Job summary

Power International Holding is seeking a Senior Procurement Officer to oversee and optimize our procurement process in Saudi Arabia. The role focuses on timely acquisitions, developing strategies, and negotiating contracts to maximize value while ensuring compliance with policies and regulations.

The candidate will monitor supplier performance, drive savings programs, and lead continuous improvements in sourcing.

Qualifications

• Thorough understanding of procurement principles, processes, and regulations to effectively manage the procurement function.
• Strong negotiation skills to secure favorable terms and pricing agreements with suppliers, maximizing value for the organization.
• Excellent analytical abilities to assess supplier proposals, evaluate contract terms, and make informed procurement decisions.
• Proficiency in procurement software and systems to streamline procurement processes, track purchases, and generate reports.
• Effective communication and interpersonal skills to collaborate with internal stakeholders and external suppliers, resolving issues and ensuring smooth procurement operations.
• ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Responsibilities

• Oversee and manage the procurement process to ensure timely acquisition of goods and services at the best value.
• Develop and implement procurement strategies; negotiate contracts with suppliers.
• Monitor supplier performance to optimize costs and quality.
• Ensure compliance with procurement policies and regulations.
• Drive savings and operating cash flow program within assigned categories.
• Lead continuous improvement and elimination of non-value-added work.

Skills

Negotiation

Analytical skills

Communication skills

Procurement knowledge

Stakeholder management

Education

Bachelor's Degree in Business Administration or Engineering

Professional Qualification in Supply Chain/Logistics related course

Tools

SAP

ERP software

Job description

Job Summary

Senior Procurement Officer is responsible to oversee and manage the procurement process, ensuring the timely acquisition of goods and services at the best possible value. They develop and implement procurement strategies, negotiate contracts with suppliers, and monitor supplier performance to optimize costs and quality. Additionally, Senior Procurement Officers play a key role in maintaining compliance with procurement policies and regulations while contributing to the organization's overall efficiency and profitability.

Job Responsibilities 1

Ensure utilizing all economies scale and best practices to win local battles.

Define and communicate the supply strategy and its implications, to inform and align the respective stakeholders.

Drive continuous improvement, work simplification and the elimination of non-value-added work.

Make timely decisions, balancing analysis with decisiveness.

Make use of competitive insights to shape strategies that counter competitive threats.

Remove organizational barriers to delivering exceptional internal and/or external customer service.

Represent the organization in an honest, ethical and professional way and encourage others to do so aligned with the operating framework.

Manage financial and budgetary based on the assigned area of responsibility.

Identify metrics, tools and processes to optimize sourcing, supplier activities and efficiencies.

Lead the delivery of the savings and operating cash flow programme in his/her categories (products/services).

Continuously drive operational excellence in strategic sourcing.

Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies

Job Responsibilities 2

Additional Responsibilities 3

Job Knowledge & Skills

Thorough understanding of procurement principles, processes, and regulations to effectively manage the procurement function.

Strong negotiation skills to secure favorable terms and pricing agreements with suppliers, maximizing value for the organization.

Excellent analytical abilities to assess supplier proposals, evaluate contract terms, and make informed procurement decisions.

Proficiency in procurement software and systems to streamline procurement processes, track purchases, and generate reports.

Effective communication and interpersonal skills to collaborate with internal stakeholders and external suppliers, resolving issues and ensuring smooth procurement operations.

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience

Minimum 5 year(s) working experience, 3 year(s) relevant working experience, 2 year (s) GCC is a plus

Competencies

• Agility


• AI Fluency


• Resilience


• Quality


• Leadership


• Purchasing Procedures L2


• Material Forecasting L2


• E-Procurement Tools L2


• Purchasing Benchmarking L2


• Materials Management L2

Education

• Bachelor's Degree in Business Administration or Engineering


• Professional Qualification in Supply Chain/Logistics related course or any Related Technical Certificates