Procurement Officer - Indirect Spend

Placements24; Cape Town; On-site; ZAR 420,000 - 640,000; Full time

Benefits offered by this job

Competitive salary

Medical and retirement benefits

Performance-based bonus

Professional development opportunities

Cape Town workplace

Job summary

Placements24 is seeking a meticulous Procurement Officer for indirect spend categories from our Cape Town office. You will manage procurement life cycle across IT, marketing, professional services, and facilities, ensuring cost efficiency and compliance.

You'll develop market insights, evaluate suppliers, negotiate terms, and collaborate with internal stakeholders to define requirements and deliver optimal procurement solutions in a dynamic financial services environment.

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management or related field.
• 3–5 years of procurement experience, indirect spend focus.
• Experience in tender management, negotiation and contract administration.
• Familiarity with procurement best practices and supply chain principles.
• Proficiency with MS Office and procurement software.

Responsibilities

• Manage the procurement process for indirect goods and services to ensure timely, cost-effective sourcing.
• Develop and maintain strong supplier relationships to deliver value.
• Conduct market research and supplier analysis to identify competitive pricing.
• Prepare tender documents, evaluate bids, and lead contract negotiations.
• Ensure compliance with procurement policies and regulatory requirements.
• Collaborate with stakeholders to define specifications and requirements.

Skills

Analytical skills

Communication

Stakeholder management

Teamwork

Independence

Education

Bachelor's degree in Business Administration / Supply Chain Management

CIPS (desirable)

Tools

MS Office Suite

Procurement software

Job description

About the Role

Our client, a leading player in the financial services industry, is looking for a dedicated and meticulous Procurement Officer to manage indirect spend categories from their **Cape Town** office. This role is critical for ensuring that the company procures goods and services efficiently and cost-effectively, while upholding the highest standards of quality and compliance. You will be responsible for the entire procurement lifecycle for a diverse range of indirect categories, including IT, marketing, professional services, and facilities management. The position requires a proactive approach to market research, supplier evaluation, and negotiation. You will work closely with internal departments to understand their needs and deliver optimal procurement solutions. This is an excellent opportunity for a procurement professional looking to contribute to the success of a reputable organization in a stable and growing sector. The role is based in a vibrant **Cape Town** location.

Key Responsibilities

• Manage the procurement process for indirect goods and services, ensuring timely and cost-effective acquisition.
• Develop and maintain strong relationships with key suppliers, fostering partnerships that deliver value.
• Conduct thorough market research and supplier analysis to identify competitive pricing and innovative solutions.
• Prepare tender documents, evaluate bids, and lead negotiations to secure favorable contract terms.
• Ensure compliance with procurement policies, procedures, and regulatory requirements.
• Collaborate with internal stakeholders to define specifications and requirements for goods and services.
• Monitor contract performance and address any issues or disputes with suppliers promptly.
• Identify opportunities for process improvements and cost savings within indirect procurement.
• Maintain accurate procurement records and generate regular reports on spend, savings, and supplier performance.
• Support the development and implementation of procurement strategies for indirect categories.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum of 3-5 years of experience in procurement, specifically managing indirect spend categories.
• Proven experience in tender management, negotiation, and contract administration.
• Familiarity with procurement best practices and supply chain principles.
• Proficiency in MS Office Suite and experience with procurement software.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills, with the ability to engage effectively with diverse stakeholders.
• Ability to work independently and as part of a team.
• Understanding of the financial services industry is a plus.
• A professional qualification in procurement (e.g., CIPS) is desirable.

Benefits

• Our client offers a competitive salary, comprehensive medical and retirement benefits, and a performance-based bonus structure.
• Employees also enjoy access to professional development programs, career advancement opportunities, and a dynamic work environment in **Cape Town**.
• This role provides a stable career path within a well-established financial institution.