Investment Procurement Lead

Job ID: 13860

Sector:

Procurement

Location: NEOM, Saudi Arabia

COMPANY OVERVIEW

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

The Procurement Lead will manage the procurement of low to high complexity Financial services packages for NIF/NIO and support the Senior Procurement Manager and Procurement Director on the execution of the procurement for such financial services, working effectively with internal departments, external stakeholders, and other members of the Procurement team. While carrying out procurement activities, the Procurement Professional/Senior Specialist provides commercial leadership in project teams, developing and executing creative strategies to ensure work is conducted with rigorous professional standards in full compliance with NEOM governance.

REQUIREMENTS SUMMARY

• Experience with process management and process improvement methodologies.
• Experience in process mapping and process modelling tools.

ROLE COMPETENCIES & ACTIVITIES

The Procurement Lead responsibilities will include, but not be limited to:

Policies & Procedures

• Manages the Procurement of packages following NEOM policies, procedures, and processes.
• Follows procurement and contracting Policy and Procedures.
• Assesses governance documents and suggests improvements to contracting strategies.

Contracting Strategies & Tender Plans

• Reviews End User Scopes and advises on the most appropriate tendering and contracting strategy.
• Examines the scope of work and other information provided by End Users and/or consultants for completeness and consistency.

Tender Documents

• Compiles and prepares Tender Documents to be issued.
• Prepares comprehensive ITT packages: develops Expression of Interest (EOI) Pre-Qualification requests, conducts EOI/PQQ’s, evaluates EOI/PQQ responses.

Tender Period

• Manages communication, bidder’s queries, and Tender Addendums during the tender period with necessary input from the End User where required.

Tender Evaluation

• Coordinates and attends technical and commercial bid openings.
• Performs evaluation of commercial aspects of the technical submissions and evaluation of the commercial bid.
• Prepares recommendation for award for Notice of Award.

Contract Formation

• Prepares contract documents for signature and execution.
• Issues Letter of Reward and Regret as appropriate.

Contract Administration

• Provides advice on all contractual issues during the complete life cycle of the Contract until the contract closes out.
• Monitors supplier performance to ensure targets are met and identifies ways to improve the supply chain process with suppliers.

Document Auditing

• Ensures effective document records are retained and audit and performance management mechanisms are in place.

Management/Leadership

• Coaches team members to develop new insights from analysis leading to actionable recommendations, especially for requests involving financial sector services.
• Identifies opportunities and leads efforts for cost reduction and increased efficiencies.
• Actively engages and collaborates as a Business Partner with NIF to identify procurement needs and develop solutions.
• Works with NIF Operations to ensure the development and implementation of procurement policies and procedures.
• Manages the procurement process, including sourcing, purchasing, and contract negotiations.
• Fosters relationships with suppliers to ensure that procurement needs are met efficiently and effectively.
• Participates in the evaluation of supplier bids and makes recommendations regarding supplier selection.

Culture and Values

• Embraces NEOM’s culture and values.
• Acts with honesty and integrity by following best practices and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
• Maintains fair, ethical, and professional work practices in accordance with NEOM’s Values and Code of Conduct.
• Adheres to NEOM’s Policies, procedures, and controls to ensure compliance with rules.

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills and Experience

• Minimum of 7 years of experience in stakeholder management, public relations, community engagement, or a related field.
• High level of emotional intelligence and diplomacy.

Communication Skills

• Strong written and verbal communication.
• Able to communicate effectively with mid-level and senior stakeholders.

Analytical Skills / Problem Solving / Decision Making

• Advanced analytical interpretation and problem-solving skills.
• Advanced problem-solving skills and techniques – able to understand and carry out spend analysis; draw out conclusions and fact-based decision making from this.

Expertise and Technical Knowledge

• Excellent knowledge of Procurement processes and procedures.
• Advanced document drafting and contract formation skills.
• Familiarity with the FIDIC suite of contracts.
• Specialist knowledge of procurement concepts, processes, activities, and trends.
• Highly numerate, with highly developed analytical skills using qualitative and quantitative data.
• Knowledgeable of procurement/materials practices, economic principles, international codes, standards, procedures, and specifications.

IT Skills

• Advanced user of Microsoft Office programs including Word, Excel, and PowerPoint.
• Hands-on experience with ERP systems, especially SAP and ORACLE.
• Hands-on experience with e-procurement (SAP ARIBA, COUPA) solutions preferred.

Leadership

• Lead by example, promoting the highest standards of conduct, integrity, and probity.
• Ability to coach/lean members of the Procurement team.

Innovation

• Ability to think about and suggest ideas that add value to the project procurement.

Planning Skills

• Ability to plan deliverables, milestones, and sign-off points.
• Ability to schedule and monitor activities to achieve organizational goals.

Influencing / Negotiation

• Recognizes when to use different negotiation approaches and builds trusting relationships when resolving conflicts.
• 5-10 years of procurement experience within the Investment Management (IM) and/or Financial Services (FS) industry.
• Experience with engaging specialist 3rd party advisory suppliers within the IM industry such as Financial/Tax, Legal due diligence, and advisory firms.
• Experience in sourcing Interim resources with specialist IM and/or FS skill sets.
• Demonstration of business partnering capabilities with business unit/function in a large matrix organization.
• Support business unit/function operations annual plan and manage ad-hoc, time-critical demands.
• You will own Procurement end to end and act as a functional expert.
• Ability to always improve business processes and speed for the end user.

Qualifications

• Bachelor Degree in Business Administration, Finance, Law, or similar, Industrial Engineering, or Supply Chain Management degree.
• Procurement Qualification (Preferred) (e.g. CIPP, CIPM, SPM, CIPS, equivalent or relevant Masters).

NEOM is committed to attracting and retaining the highest caliber of employees to support NEOM’s vision, mission, and strategy. NEOM sources the best candidates based on fit for the role and searches local and global markets to identify talent.

NEOM is an equal opportunities employer. All qualified applicants will receive consideration for employment without regard to gender, disability, age, or any other form of discrimination/other characteristic protected by applicable local laws, regulations, and ordinances.

As part of our recruitment process, NEOM will undertake reference checks to confirm suitability for the role. All offers of employment are subject to references, evidence of all qualifications and awards, and other background checks being satisfactorily completed. Additionally, all offers are subject to the candidate being able to successfully obtain a work visa to enter and work in the Kingdom of Saudi Arabia.

This job description is not an exhaustive list of duties and responsibilities. The employee may be required to perform additional job-related tasks and duties as assigned. To meet NEOM’s objectives and business needs, the work location is subject to change. Non-office-based roles involve outdoor activities. Candidates should be prepared to work outdoors and on construction sites as part of their job responsibilities.

The actions of our team should always support the NEOM Values

Learn more about NEOM’s Values