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Procurement Sourcing Specialist

Vacancy Details

Reference No.

AF-5059

Synopsis

Our client, financial services provider, is seeking a Procurement Sourcing Specialist to partner with business providing support with procurement negotiations and processes by taking responsibility for the end-to-end management of RFP and RFI processes and continually evaluate the effectiveness of current systems and processes with a view to increasing efficiencies.

Description

  • Facilitate the procurement of Travel services (air, car, hotel, travel agent etc.)
    Source, negotiations with vendor and business.
  • Provide guidance to business, for example on discounting and contracting.
  • Facilitate the procurement of Travel services (air, car, hotel, travel agent etc.)
  • Source, negotiations with vendor and business.
  • Provide guidance to business, for example on discounting and contracting.
  • Take responsibility for the end-to-end management of RFP and RFI processes.
  • Continually evaluate the effectiveness of current systems and processes with a
  • view to increasing efficiencies; implement changes and monitor the effectiveness thereof.
  • Manage the billing, allocation and sourcing of markets data services.
  • Report on compliance and non-compliance regarding usage to service providers (Reuters, Bloomberg, etc.)
  • Co-ordinate billings for existing contracts.
  • Sets up new contracts.
  • Negotiate with vendors and apportion allocation based on usage and agreed recovery models with in business.
  • Facilitate the procurement of services according to focus area, e.g. Marketing services, BT services or Professional services. Source, negotiations with vendor and business.
  • Provide guidance to business, for example on discounting and contracting.
  • Take responsibility for the end-to-end management of RFP and RFI processes.
  • Continually evaluate the effectiveness of current systems and processes with a view to increasing efficiencies; implement changes and monitor the effectiveness thereof.
  • Participate in budgeting processes from both a commercial and financial perspectives in terms of understanding and planning for business demand and priorities and deciding with the business how items or services are to be acquired.
  • Report any policy breaches and associated Risk to the relevant BU’s.
  • Initiate dialogue to build professional working relationships with all stakeholders, displaying excellent abilities to listen, advise, influence, negotiate and present at all levels.
  • Lead and facilitate difficult conflict situations into consensual agreements.
  • Integrate opinions and information provided by various sources to make strategic decisions.

Requirements

  • 5+ years’ procurement, IT management and financial experience.
  • Experience in negotiating large-scale contracts in a CIB environment would be preferable.
  • Technical Pre-requisite.
  • Solid commercial understanding of Marketing and Travel contracts (Procurement Sourcing Specialist: Marketing and Travel).
  • Solid commercial understanding of Infrastructure, Professional Service and other contracts (Procurement Sourcing Specialist: Infrastructure, Professional Services and other).
  • Adapt communication styles to meet the needs of different audiences.
  • Continually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodies.
  • Find opportunities to leverage relationships and promote knowledge sharing, ideas and insights.
  • Relevant Degree.

Kindly note that if you do not hear back from us within two weeks, kindly consider your application unsuccessful.

Position Type

Permanent

Work Level

Senior

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Annually

Package

Cost To Company

Affirmative Action

Yes

Geographic Location

Gauteng - JHB North