Purchasing Manager - Services

Placements24; Sandton; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Executive-level salary

Medical aid

Life insurance

Retirement fund

Career development

Hybrid work arrangement

Job summary

Placements24 in Sandton seeks a seasoned Purchasing Manager to lead services procurement across IT, consulting and facilities management. You will shape strategy, drive value, and manage complex supplier relationships in a demanding financial services environment.

Applicants should have a Master’s in a related field and 7–10 years in services procurement, with strong contract law knowledge and SLAs. Hybrid work arrangement and executive compensation are offered.

Qualifications

• Master’s degree in SCM, MBA, law or related field preferred.
• 7–10 years in procurement with a focus on services.
• Proven ability in sourcing, contract negotiation and SLAs.
• Strong risk management, stakeholder management and leadership.

Responsibilities

• Develop and implement category strategies for services procurement.
• Lead sourcing events, RFIs/RFPs, supplier selection and contract negotiation.
• Manage service-provider portfolios and ensure contractual delivery.
• Drive cost optimization and robust financial governance.
• Oversee lifecycle management of service agreements.
• Collaborate with internal units to align requirements.
• Monitor market trends and drive innovative service solutions.
• Ensure compliance with policies and regulations.
• Lead and mentor procurement professionals focused on services.
• Report KPIs on procurement effectiveness and savings.

Skills

Sourcing

Contract negotiation

Risk management

Leadership

Procurement software

Education

Master's degree in Supply Chain Management

Tools

Contract management tools

Job description

About the Role

Our client, a leading financial services institution, is seeking a seasoned and strategic Purchasing Manager to lead the procurement of services. This critical role is based in the bustling financial district of Sandton, Gauteng . The successful candidate will be responsible for developing and executing procurement strategies for a diverse range of services, including IT, professional services, consulting, and facilities management. They will be instrumental in driving cost efficiencies, ensuring value for money, and managing complex supplier relationships. We are looking for a leader with a strong track record in services procurement, excellent negotiation skills, and a deep understanding of contract law and risk management. This position offers a unique opportunity to shape procurement practices within a top-tier organization and contribute significantly to its operational excellence. The work environment is highly professional and demanding, requiring strategic foresight and exceptional execution within the heart of South Africa's corporate landscape in Gauteng .

Key Responsibilities

• Develop and implement category strategies for services procurement, focusing on value, risk mitigation, and supplier performance.
• Lead sourcing events, including market analysis, RFI/RFP development, supplier selection, and contract negotiation for services.
• Manage a portfolio of key service providers, fostering strong partnerships and ensuring delivery against contractual obligations.
• Drive cost optimization initiatives and ensure robust financial governance within the services procurement category.
• Oversee the contract lifecycle management process, including drafting, review, execution, and termination of service agreements.
• Collaborate with internal business units to understand their service requirements and align procurement strategies accordingly.
• Monitor market trends and identify innovative service solutions that can enhance business operations.
• Ensure compliance with all company policies, regulatory requirements, and ethical standards.
• Lead and mentor a team of procurement professionals focused on services procurement.
• Develop and report on key performance indicators (KPIs) related to services procurement effectiveness and savings.

Requirements

• A Master's degree in Supply Chain Management, Business Administration, Law, or a related field.
• A minimum of 7-10 years of progressive experience in procurement, with a strong specialization in services procurement.
• Proven expertise in sourcing and managing complex service contracts, including IT, consulting, and professional services.
• In-depth knowledge of contract negotiation, service level agreements (SLAs), and risk management.
• Strong analytical, strategic planning, and decision-making capabilities.
• Excellent leadership, communication, and stakeholder management skills.
• Proficiency in procurement software and contract management tools.
• Ability to operate effectively within a highly regulated financial services environment.
• Demonstrated experience in driving significant cost savings and value creation.
• Understanding of current trends and innovations in the services sector.

Benefits

• Executive-level salary and a comprehensive bonus structure.
• Top-tier medical aid, life insurance, and retirement fund benefits.
• Exceptional opportunities for career growth and professional development within a leading financial institution.
• Access to exclusive corporate benefits and perks.
• A dynamic and intellectually stimulating work environment in Sandton .
• Hybrid work arrangement offering flexibility and work-life balance.