Procurement Officer

This is a fully remote position, open to applicants in Egypt.

📋 Description

• Take charge of Technology, Non-Technology, and Logistics procurement throughout the entire cycle, encompassing category strategy, sourcing, contracting, delivery, and supplier performance.

• Assess approved purchase requisitions and transform them into purchase orders in accordance with procurement policies and standard operating procedures (SOPs).

• Develop and implement category strategies aimed at achieving cost savings, minimizing risks, and creating value.

• Identify and source qualified, competitive suppliers both locally and internationally.

• Facilitate RFI, RFP, and tender processes with evaluations based on scorecards for technical and commercial aspects.

• Conduct supplier prequalification, site inspections in Egypt, company profile assessments, due diligence, sanctions checks, conflict-of-interest screening, and information security evaluations in collaboration with IT.

• Manage strategic relationships with suppliers through performance evaluations and improvement initiatives.

• Negotiate and oversee contracts, including pricing structures, commercial conditions, and service level agreements (SLAs).

• Perform initial commercial reviews of vendor contracts and highlight any issues to the Legal team.

• Coordinate contracts with the Legal department, requestors, and Risk & Compliance until signatures are obtained.

• Supervise contract renewals and lifecycle management activities.

• Follow up on the delivery of products and services and their implementation.

• Address delivery and implementation challenges and escalate any supplier performance concerns.

• Collaborate with Finance regarding budget approvals and ensure accurate documentation of purchase orders, receipts, and invoices.

• Monitor and report on procurement savings, spend visibility, and cost avoidance.

• Ensure compliance with legal, regulatory, and internal policy standards, and assist with audits.

⛳️ Requirements

• A Bachelor's degree in a relevant field (e.g., Business Administration, Supply Chain).

• A minimum of 3 years of procurement experience, including at least 2 years in technology and non-technology categories.

• Experience in the banking, financial services, or IT industries.

• Proven ability to lead RFIs, RFPs, and tender processes.

• Familiarity with vendor onboarding and compliance protocols.

• Experience in conducting scorecard-based evaluations for technical and commercial aspects.

• A strong network of local suppliers.

• Knowledge of the Egyptian and Saudi markets and their regulations.

• Proficiency in Jira and ERP systems.

• Fluency in both English and Arabic is essential.

🏝️ Benefits

• Competitive compensation.

• Comprehensive health insurance.

• A culture of freedom and trust, with significant responsibility and autonomy.

• A vibrant and dynamic workplace.

• The chance to collaborate with top AI professionals.

• An inclusive culture that values diversity.

• A high-growth environment at the cutting edge of AI and developments in the Middle East.