Procurement Contract Officer at FiberOne Broadband

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
73919
Job Views
110

Job Description



Job Summary



  • The Procurement Contract Officer plays a crucial role in overseeing and managing the end-to-end contract lifecycle for the procurement unit.

  • This position involves developing, administering contracts, ensuring compliance with legal and organizational standards, and fostering strong relationships with suppliers.

  • The goal is to optimize contractual terms, mitigate risks, and contribute to the overall success of procurement initiatives.


Key Accountabilities / Responsibilities



  • Develop, review, and negotiate contracts, ensuring they align with organizational goals and comply with legal and regulatory requirements.

  • Oversee the entire contract lifecycle, from initiation to closeout, including drafting, execution, amendments, and termination.

  • Collaborate with internal stakeholders and legal teams to negotiate favorable terms and conditions with suppliers.

  • Ensure that contracts reflect the best interests of the organization in terms of cost, quality, and risk management.

  • Monitor and enforce compliance with contractual terms, conditions, and performance metrics.

  • Identify and mitigate contractual risks, providing recommendations for risk reduction strategies.

  • Stay informed about relevant laws and regulations affecting contracts and procurement activities.

  • Build and maintain strong relationships with suppliers to facilitate effective contract administration.

  • Address and resolve contractual issues, disputes, and performance discrepancies in collaboration with key stakeholders.

  • Implement and enhance contract management processes and procedures to drive efficiency and effectiveness.

  • Conduct periodic reviews of existing contracts to identify opportunities for optimization and cost savings.


Qualifications and Experience



  • Bachelor's Degree in Business, Legal Studies, or a related field

  • Proven experience in contract management, procurement, or a related field.

  • Understanding of contract law, negotiations, and risk management.

  • Strong analytical, problem-solving, and decision-making skills.

  • Excellent communication and interpersonal skills, with the ability to collaborate across various departments


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