Procurement Officer in the Banking Sector (Fixed-Term Contract)

AFA - Accounting and Financial Advisory; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A financial services company in Johannesburg is seeking a motivated Procurement Officer to develop procurement strategies and manage supplier relations. Candidates must have a Bachelor's degree in a relevant field and experience in the banking sector. Strong negotiation skills and proficiency in procurement software are essential. This role offers an opportunity to impact operational efficiency within the team.

Qualifications

• Bachelor's degree in a related field is required.
• Proven experience in procurement, preferably in banking.
• Strong knowledge of best practices and regulations.

Responsibilities

• Develop and implement procurement strategies to optimize costs.
• Source and evaluate suppliers to manage relationships effectively.
• Monitor market trends to identify cost-saving opportunities.

Skills

Procurement strategies

Supplier negotiation

Market analysis

Compliance

MS Office proficiency

Education

Bachelor’s degree in business or supply chain management

Certification in procurement or supply chain management

Tools

Procurement software

Job description

Job Title: Procurement Officer

Location: Banking Sector

We are seeking a highly motivated and organized Procurement Officer to join our team in the banking sector. The ideal candidate will have a strong background in procurement and supply chain management, with knowledge of industry best practices and regulations.

Responsibilities

• Develop and implement procurement strategies to optimize costs and improve operational efficiency
• Source and evaluate suppliers, negotiate contracts and manage supplier relationships
• Monitor market trends and industry developments to identify cost-saving opportunities
• Support internal stakeholders in identifying, evaluating and selecting suppliers
• Ensure compliance with company policies, procedures and regulations
• Manage the procurement process from request for proposal to contract execution
• Track and report key performance indicators related to procurement activities
• Assist in budgeting and forecasting for procurement activities
  
  

Requirements

• Bachelor’s degree in business, supply chain management or related field
• Proven experience as a procurement officer or similar role in the banking sector
• Strong knowledge of procurement best practices, regulations and market trends
• Excellent negotiation and communication skills
• Proficient in MS Office and procurement software
• Detail-oriented and able to manage multiple tasks simultaneously
• Ability to work independently and collaboratively with cross-functional teams
• Certification in procurement or supply chain management is a plus
  
  

If you have a passion for procurement and are looking for an exciting opportunity in the banking sector, we would love to hear from you. Apply now to join our team as a Procurement Officer.