procurement Commodity Specialist

Absa Group; Johannesburg; On-site; ZAR 500,000 - 700,000; Full time

Job summary

Absa Group is seeking a motivated procurement professional in Johannesburg to manage a procurement portfolio and assist the Procurement/Category Manager. The role involves conducting supplier assessments, managing contracts, and contributing to strategic sourcing initiatives. Ideal candidates should possess a bachelor’s degree, 3-5 years of procurement experience, and strong analytical and negotiation skills.

Qualifications

• Bachelor’s degree in Business, Commerce, Supply Chain, Engineering, Economics, Finance, or Accounting required.
• 3-5 years’ procurement and sourcing experience required.
• Strong negotiation and analytical skills needed.

Responsibilities

• Assist procurement management with analysis for negotiations.
• Manage RFP / RFQ / RFI processes.
• Support supplier diversity initiatives and develop strategic contracts.

Skills

Negotiation

Analytical Skills

Communication Skills

Education

Bachelor's degree in Business, Commerce, Supply Chain

Tools

Coupa

ERP Systems

Excel

Word

PowerPoint

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of an exciting growth journey, shaping our future as a proudly African group.

Job Summary

Absa Group Limited (“AGL”) is a leading African bank with significant growth prospects. The Group Procurement Function supports strategic goals such as cost management, enterprise and supplier development, risk, and governance. The successful candidate will manage a procurement portfolio, supporting the Procurement / Category Manager and business stakeholders by applying procurement and sourcing skills, analytical capabilities, and supply chain knowledge.

The high-performance procurement team seeks a motivated individual who will integrate seamlessly and deliver consistent results.

Job Description

Accountabilities:

• Assist the Procurement / Category Manager and Head of Procurement with information and analysis for negotiations and related processes.
• Assess suppliers’ capabilities and performance through data collection and analysis.
• Manage RFP / RFQ / RFI (“RFx”) processes, analyzing and executing results.
• Ensure contracts comply with standards, legislation, and AGL policies.
• Gather and analyze information from internal and external sources as requested.
• Contribute to category and commodity strategy development and support execution.
• Draft and maintain strategic contracts.
• Understand services, SLAs, and contracting based on deliverables.
• Conduct supplier screening and due diligence using preferred tools.
• Evaluate supplier performance and collaborate with Supplier Management.
• Maintain positive relationships with stakeholders and suppliers.
• Participate in personal development within the procurement team.
• Generate reports and queries as required.
• Develop and analyze statistical data for procurement reports.
• Assist in developing TCO models and cost improvement strategies.
• Support supplier diversity initiatives and enterprise development.
• Engage with other procurement teams for continuous improvement.
• Conduct market research and benchmarking.
• Implement and track procurement cost savings plans.
• Maintain procurement documentation on the system.

Education and Experience:

• Bachelor’s degree in Business, Commerce, Supply Chain, Engineering, Economics, Finance, or Accounting.
• Postgraduate qualification is advantageous.
• CIPS / MCIPS certification is advantageous.
• 3-5 years’ procurement and sourcing experience.
• Experience managing cross-functional teams.
• Business and financial acumen, including cost management and spend analysis.
• Experience with multiple categories and banking procurement is a plus.
• Knowledge of supply chain tools and ERP systems (Coupa experience preferred).
• Strong negotiation, presentation, and computer skills, especially in Excel, Word, and PowerPoint.
• Excellent analytical and communication skills.
• Ability to work independently and solve problems.

Education

Bachelor's Degree in Business, Commerce, or Management Studies is required.

Absa Bank Limited is an equal opportunity employer. Preference will be given to candidates from designated groups to promote diversity. The bank reserves the right not to fill the position.