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Job Description & How to Apply Below
At Electra we need talented people that will share our strategy to be the obvious partner contracting for local & international players who wish to set up an event within the GCC.
To Lead, Manage and Support the Procurement team in all aspects related to Procurement including, but not limited to, Driving Procurement Best Practice, Policy /SLA /KPI /PIMS development and implementation, Sourcing, Negotiation, Supplier & Contract & Risk Management, Resource development, etc. whilst ensuring alignment between customer and business requirements/needs.
Main Accountabilities People- Lead, manage, develop and coach procurement team members to embed a culture of procurement excellence and best practice whilst maximizing individual strengths and talent.
- Build and maintain strong relationships with vendors, business units and clients to sustain growth.
- Engage with all stakeholders to encourage vendors to prevent, detect and eradicate breaches of ethical standards.
- Identify internal staffing requirements and fulfillment of the same.
- Allotted staff administration including objective setting, regular reviews, JD’s and appraisals.
- Increase Stakeholder satisfaction and reputation for procurement services.
- Review/develop Policies, SOPs & PIMS, in line with best working practices, ensuring compliance for the department too, including but not limited to CIPS, Eco Vadis, ICV, ISO, etc. standards.
- Drive improvements in the procurement processes including escalations due to delivery/QHSE issues, invoicing/payables issues, and database management.
- Drive the reduction of the supply base, where possible, and aggregate volume to gain leverage.
- Define Procurement department objectives and oversee control throughout its life cycle.
- Instill required SLA’s/KPI’s in line with best working practices ensuring optimal operational support.
- Full accountability for buy and for delivery of annual Procurement targets (agreed with the COO), ensuring savings are realized, signed off and tracked in-line with the Benefits Methodology.
- Plan, execute, and implement procurement projects according to deadlines and within budget, acquiring resources and coordinating the efforts of team members and internal departments to deliver according to plan.
- Developing, implementing/execution of Procurement Strategies, to deliver a competitive advantage by driving vendor/partner initiatives. This includes vendor selection, vendor development and vendor consolidation to ensure procurement optimization and overall vendor performance management.
- Solicit and evaluate proposals applying appropriate commercial review and negotiation, cost and price analysis techniques using available expertise from supporting organizations; draft and implement purchase contracts following applicable company and government regulations.
- Perform regular market testing and benchmarking against contracts to ensure they maintain market competitiveness and deliver value for money.
- Partner with key business stakeholders to ensure procured material and services meet the needs of customers and the business.
- Provide budgetary information to all business units to ensure understanding in order that client quotations accurately reflect operational costs.
- Co‑ordinate with finance department and management to ensure synergies throughout the procure to pay process.
- Drive the adoption and advancement of technology within the procurement department, leveraging innovative solutions to optimize operations.
- Lead initiatives to scale AI capabilities, ensuring integration into core processes to enhance efficiency, decision‑making, and overall performance.
- Manage an equivalent aggregate level of EUR Xm p.a.
- Any other task, as reasonably requested, by Electra.
- Negotiation - Actively help stakeholders to achieve desired outcomes in commercial dealings with third parties through practicing effective negotiation.
- Curiosity and Innovation - Demonstrate a proactive approach to exploring new ideas, methods, and technologies that enhance organizational effectiveness. Seeking opportunities to challenge existing practices, encourage creative thinking within the team,…
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