Procurement Manager

Job Title: Procurement Manager
Company: A leading real estate development firm in the Kingdom of Saudi Arabia
Location: Riyadh

Job Summary:
The Procurement manager is responsible for leading the procurement function across the organization, driving strategic initiatives, optimizing procurement processes, and ensuring that procurement activities deliver value, cost savings, and efficiency. This role involves managing large-scale procurement projects, overseeing supplier relationships, and ensuring compliance with corporate policies and industry regulations.

Academic Qualifications:
B.Sc. in Civil / Arch Engineering.

Experience:
A minimum of 15 Years of experience, 7 Years in the same position in Saudi Arabia / preferably in Riyadh.

Requirements & Main Responsibilities:

• Fluent English Speaking, Reading & Writing.
• Develop and implement comprehensive procurement strategies that align with the organization’s goals and business objectives.
• Lead the procurement team in executing strategies that optimize costs, improve supplier performance, and ensure timely delivery of goods and services.
• Collaborate with senior leadership to align procurement operations with broader organizational strategies and initiatives.
• Proficient in MS Office (Outlook, Excel, Word, ERP) & other software.

Procurement Operations Management:

• Oversee all procurement activities, including sourcing, negotiation, contract management, and supplier relationship management.
• Ensure that procurement processes are efficient, standardized, and compliant with internal policies and external regulations.
• Monitor and improve the efficiency of procurement operations, focusing on reducing cycle times, improving quality, and achieving cost savings.

Supplier Relationship & Contract Management:

• Build and maintain strong relationships with key suppliers, ensuring long-term collaboration and partnership.
• Lead negotiations with suppliers to secure the best terms, pricing, and quality for the organization.
• Oversee the management of contracts to ensure compliance, mitigate risks, and protect the organization’s interests.

Cost Management & Financial Oversight:

• Develop and manage the procurement budget, ensuring alignment with the organization’s financial goals.
• Implement cost-saving initiatives that reduce procurement expenses without compromising quality or service levels.
• Provide financial oversight for major procurement projects, ensuring that they are delivered on time and within budget.

Risk Management & Compliance:

• Ensure that all procurement activities comply with legal, regulatory, and corporate governance requirements.
• Develop and enforce procurement policies, procedures, and standards to maintain high levels of compliance and integrity.
• Identify and mitigate risks associated with procurement, including supplier risks, market risks, and contractual risks.

Team Leadership & Development:

• Lead, mentor, and develop the procurement team, fostering a culture of excellence, collaboration, and continuous improvement.
• Oversee recruitment, training, and performance management within the procurement department, ensuring the team has the skills and capabilities to meet organizational goals.
• Promote a positive work environment that encourages innovation, accountability, and professional growth.

Process Improvement & Innovation:

• Drive continuous improvement initiatives to enhance procurement processes, leveraging technology, data analytics, and best practices.
• Stay updated on industry trends, emerging technologies, and best practices to drive innovation within the procurement function.
• Implement procurement technologies and tools that improve data visibility, process automation, and decision-making.

Stakeholder Engagement & Communication:

• Collaborate with internal stakeholders, including operations, finance, legal, and project teams, to ensure alignment of procurement activities with business needs.
• Communicate procurement performance, strategies, and achievements to senior management and other key stakeholders.
• Provide insights and recommendations to support strategic decision-making across the organization.