• Application Deadline:
• Position: Procurement Manager


• Job Type Full Time


• Qualification


• Experience


• Location Lagos


• Job Field Procurement / Store-keeping / Supply Chain 

Job Description

• Procurement is the full range of activities related to purchasing goods, services and works.


• It ranges from contracting for an entire service to purchasing small assets such as office equipment.


• It deals with planning, sourcing activities, negotiation and strategic selection of goods and services that are usually of importance to the Bank.

Job Functions and Roles

Procurement of Assets (OPEX and CAPEX):

• Supervise procurement of capital and operating expense items in the Bank


• Design, develop and implement changes to procurement policies and procedures which will have considerable impact in streamlining processes and achieving cost savings across the Bank 


• Manage negotiations and contracting processes to achieve the corporate strategic intent of the Bank.


• Ensure that value for money is demonstrated on contracts, making certain that all items are delivered in best quality, at the best price, and within agreed delivery periods.


• Regular reporting on activities, spend, savings, and project status


• Preparation of Fixed Asset budget for the Bank


• Direct, lead, motivate, plan and monitor the team and team's work. This involves supervising, coaching and mentoring the Procurement Officers


• Carry out periodic market surveys to assure competitive pricing of goods and services


• Collaborate with key business stakeholders in the development of specification for items required. 


• Execute transactional procurement processes and source for new and alternate products and services


• Manage payment support services (i.e. prompt payment of vendors/ contractors 


• Oversee and attend to all purchase requests to ensure that they are delivered to the end users within Service Level Agreements

Vendor Management:

• Maintaining a credible supplier’s database through identification, pre-qualification and successful selection


• Vendor relationship management, including disputes, risks, issues, and SLAs


• Review of contracts and evaluation of vendor performance to determine capacity to consistently deliver


• Ensure that LPO terms (items specification, delivery date etc.) are adhered to by suppliers, and escalations made in the event of contravention.

Store and Inventory Management:

• Oversee the control, storage and distribution of stock items in the central store


• Ensure an effective re-order level is maintained using historical and other relevant data to check request patterns to ensure wastage is curbed


• Conduct periodic physical stock count exercise and stock verification with Internal Control and address queries and inquiries.


• Ensure stock inspection on delivery in conjunction with Internal Control, and reject stock items that do not meet standard.

Requirement

• Candidates should possess relevant qualifications.