The Procurement & Contracts Manager oversees the vendor management team and is responsible for ensuring that contracts with suppliers and service providers are managed effectively. This role ensures that all vendor relationships are optimized for performance, cost-effectiveness, and compliance.
KEY ACCOUNTABILITIES AND ACTIVITIES Main Duties and Responsibilities
Manage a team of vendor management and contracts analysts, ensuring effective contract management and vendor performance.
Manage vendor negotiations, focusing on contract terms, performance metrics, and cost savings.
Lead collaboration with cross-functional teams to ensure vendor relationships align with business needs.
Monitor and report on vendor performance, service delivery, and compliance with contractual terms.
Ensure that all vendor contracts are archived and comply with internal policies, legal standards, and regulatory requirements.
Manage all SAMA required reports related to contracts vendor details.
Provide guidance and training to the vendor management team to improve contract management and vendor relations.
People Management
Participate in the identification and recruitment of key talents for their respective Department.
Manage, guide and assist direct reports to perform their functional operations in accordance with set policies and procedures.
Set performance objectives, provide necessary support, evaluate / appraise the team and provide regular feedback on performance.
Uphold a high-performance working environment and promote the Organization’s Values.
QUALIFICATIONS
Bachelor’s Degree Required.
Master’s Degree Preferred.
Professional Certificates.
Seniority Level
Mid-Senior level
Employment type
Full-time
Job Function
Supply Chain
Industries
Financial Services and Banking
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Procurement Manager • Riyadh, Saudi Arabia