About the Role
Our client, a leading financial services institution, is seeking a meticulous and analytical Procurement Controller to join their sophisticated procurement department in Sandton, Gauteng . This role is crucial for ensuring the financial integrity, compliance, and efficiency of all procurement activities. The Procurement Controller will be responsible for managing budgets, contracts, and vendor performance from a financial and risk perspective. This is a challenging and rewarding opportunity for a finance-savvy procurement professional in the premier business district of Sandton .
Key Responsibilities
- Oversee the financial aspects of the procurement process, including budgeting, forecasting, and spend analysis.
- Develop and implement robust contract management processes, ensuring compliance and risk mitigation.
- Monitor vendor performance against contractual obligations and financial terms.
- Conduct financial due diligence on potential and existing suppliers.
- Ensure all procurement activities comply with company financial policies and regulatory requirements.
- Collaborate with finance and legal departments to manage contracts and resolve financial disputes.
- Develop and maintain key performance indicators (KPIs) for procurement effectiveness and efficiency.
- Prepare detailed financial reports and presentations for senior management.
- Identify opportunities for cost savings and value enhancement through financial analysis of procurement data.
- Manage procurement-related audits and ensure timely resolution of findings.
Requirements
- A minimum of 5 years of experience in procurement, finance, or a related field, with a strong focus on financial controls and contract management.
- Proven expertise in financial analysis, budgeting, and forecasting within a procurement context.
- In-depth understanding of contract law, risk management, and compliance.
- Proficiency with financial management software and ERP systems.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication, negotiation, and presentation abilities.
- Detail-oriented with a high level of accuracy and integrity.
- Ability to work independently and manage complex financial processes.
- A Bachelor's degree in Finance, Accounting, Business Administration, or Supply Chain Management.
- Professional certifications (e.g., CIPS, ACCA) are advantageous.
- Experience within the financial services industry in Sandton, Gauteng is a plus.
Benefits
- This position offers a highly competitive salary and a comprehensive benefits package, including medical aid, a substantial retirement fund contribution, and performance-based bonuses.
- Our client is dedicated to employee growth and provides excellent opportunities for professional development and career advancement within a dynamic corporate environment.
- The role features a hybrid work model, promoting flexibility.
- This exciting opportunity is based in Sandton, Gauteng .
- Details regarding compensation and benefits will be provided to shortlisted candidates.