Senior Procurement Manager - Strategic Sourcing

Placements24; Sandton; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Performance bonuses

Medical aid

Retirement fund

Life insurance

International travel

Professional certifications

Career progression opportunities

Job summary

Placements24 in Sandton is representing a fintech client recruiting a Senior Procurement Manager to lead strategic sourcing, drive high-value contract negotiations, and optimize spend across critical business functions from a hybrid on-site/remote setup. The role requires a strategic thinker with strong negotiation skills and a track record of delivering cost savings in complex environments.

You will develop and implement comprehensive procurement strategies for key categories, manage global

Qualifications

• Master's degree in a relevant field.
• 8–10 years of progressive procurement experience with 4+ years in management.
• Proven ability to manage spend across key categories and global suppliers.
• Experience with contract negotiation, risk management and category management.

Responsibilities

• Develop procurement strategies for key categories focusing on value and risk.
• Lead negotiations for high-value contracts including software, hardware, and services.
• Manage strategic relationships with global suppliers and ensure performance.
• Oversee end-to-end procurement lifecycle from requirement to contract.
• Ensure compliance with policies, ethics, and regulatory requirements.

Skills

Strategic procurement

Contract negotiations

Supplier relationship management

ERP systems

Education

Master's degree in Business Administration / Supply Chain Management / Finance

Tools

ERP systems

Job description

About the Role

Our client, a rapidly growing fintech company, is seeking an accomplished Senior Procurement Manager to lead their strategic sourcing efforts in Sandton . This position utilizes a hybrid work model, offering flexibility between remote work and on-site collaboration. You will be instrumental in developing and executing sophisticated procurement strategies, managing high-value contracts, and optimizing spend across critical business functions. The role demands a strategic thinker with exceptional negotiation skills, a deep understanding of market trends, and the ability to build robust relationships with global suppliers. This is a pivotal role for an experienced procurement professional looking to make a significant impact in a dynamic and fast-paced industry. You will be responsible for driving efficiency, ensuring compliance, and contributing to the company's overall financial health from their Sandton base.

Key Responsibilities

• Develop and implement comprehensive procurement strategies for key categories, focusing on value, risk mitigation, and innovation.
• Lead complex negotiations for high-value contracts, including software, hardware, and professional services.
• Manage and foster strategic relationships with key global suppliers, ensuring performance and service levels are met.
• Conduct in-depth market analysis, identifying cost‑saving opportunities and emerging trends.
• Oversee the end‑to‑end procurement lifecycle, from requirement definition to contract execution and supplier performance management.
• Ensure strict adherence to procurement policies, ethical guidelines, and regulatory requirements.
• Collaborate closely with finance, legal, and IT departments to align procurement activities with business objectives.
• Mentor and develop a team of procurement professionals, fostering a culture of excellence.
• Manage departmental budgets and provide regular, insightful reporting on procurement performance.
• Drive continuous improvement initiatives to enhance procurement processes and efficiency.

Requirements

• Master's degree in Business Administration, Supply Chain Management, Finance, or a related field.
• Minimum of 8-10 years of progressive experience in strategic procurement and sourcing, with at least 4 years in a management role.
• Proven track record of successfully managing significant spend categories and complex international supplier relationships.
• Expertise in contract negotiation, risk management, and category management.
• Exceptional analytical, strategic thinking, and problem‑solving skills.
• Outstanding communication, presentation, and stakeholder management abilities.
• Experience in the technology or financial services sector is highly desirable.
• Proficiency in leading procurement technologies and ERP systems.
• Ability to lead and inspire a team in a hybrid work environment.

Benefits

Our client offers an attractive salary, performance‑based bonuses, and an extensive benefits package including comprehensive medical aid, a retirement fund, and life insurance. The hybrid model provides a sought‑after balance between professional life and personal flexibility. Opportunities for international travel, professional certifications, and rapid career progression are abundant. This role is based in the prime business hub of Sandton , offering exposure to cutting‑edge business practices. Our client is committed to innovation, diversity, and fostering a high‑performance culture.