Procurement Operations Manager

Posted 8 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Expert/Leader
Fintech • Software • Financial Services
The Role
Lead procurement operations, governance, reporting, technology utilization, vendor management, risk controls, and savings delivery. The role manages low-value procurement commodities, drives catalog and purchase-order digitization, develops KPIs and risk indicators, supports audits, leads negotiations, oversees vendor registration and competition, and advises senior stakeholders. It also requires process improvement, benefits realization, customer engagement, and alignment of procurement activities with organizational objectives.
Summary Generated by Built In

Role       : Procurement Operations Manger
Location : Abu Dhabi
Role Purpose:
 - To lead the Procurement Operations Manager and support the HOD to execute duties associated with Procurement Operations including but not limited to the following:

  • Responsibility to ensure an effective VMCP operating model including policy and procedures, procurement technology, targeted governance and control, talent management of resources
  • Responsibility for management and execution of VMCP low level spend commodities on behalf of ADIB departments
  • Act as an enabler to increase VMCP overall spend influence to ensure value can be derived for all ADIB stakeholders
  • Where required, lead major negotiations and procurement activities, engaging and presenting to senior stakeholders
  • Proactively identify and reduce ADIB Risk across the supply chain 
  • Proactively identify opportunities to develop and institutionalize VMCP brand     

    KEY METRICS For Procurement Operations Manager:

  • Increase spends under influence for VMCP
  • Enhance department reporting activities incorporating savings, risks, BRCC, ORM etc.
  • Reduce process exceptions
  • Ensure timely registration of vendors to enable competition
  • Map catalogues spend v PO spend and drive digitalization 
  • Review Lifecycle activities to identify manual steps, governance, and control points
  • Conduct findings assessment and gap analysis and document priority actions/roadmap
  • Provide regular progress to plan to support process automation
  • Enhanced Procurement Functionality

    Key Accountabilities of the role      
    Thought Leadership 

  • Lead VMCP reporting mechanisms to ensure reports provided to senior management with key information 

  • Identify opportunities /provide support to HOD and Category Managers to increase spend under VMCP influence

  • Engagements with external thought-leadership to analyze industry best practices and identify opportunities to incorporate within ADIB

  • Own and develop risk management strategies for ADIB engagements with strategic and critical vendors 


    Business As Usual Focus

  • Continuous review of department P & P, mapping to technology and ADIB objectives to ensure risks are managed and value is created

  • Develop and implement formal awareness campaigns to ensure wider and appropriate understanding and adherence to VMCP Policy and Procedures

  • Drive the utilization of spend catalogue to ensure effective use of VMCP resources

  • Provide technology operational expertise to VMCP and internal customers, improvement program to increase technology utilization

  • Proactive management of the ADIB vendor commercial directory to ensure institutionalized competition, risk management and alignment to ADIB overall objectives

  • Effective management of VMCP low value and low risk spend commodity

  • Develop and implement voice of the customer (internal and external) and factor feedback into department roadmap 

  • Lead the delivery of year-on-year savings for ADIB where opportunities exist to provide competitive advantage 

  • Responsible for department reporting activities incorporating savings, risks BRCC, RSCA, ORM etc.


    Governance & Controls

  • Ensure effective controls are in operation to manage the potential financial loss

  • Develop robust departmental KPI and KRI to ensure risks and value are identified and map to ADIB objectives 

  • Develop suite of reporting tools to enable VMCP to demonstrate its compliance to all associated metrics

  • Act as point of contact for all engagements with Audit, ORM, ICD (etc.)


    Financials & Benefits Realization

  • Where requested effectively lead major vendor negotiations to deliver value for ADIB

  • Liaise closely with Business teams to ensure accurate & robust budget monitoring against project plans

  • Input into the annual Savings Pipeline, generate and submit savings Track and monitor benefits realization against planned targets 

  • Ensure effective management and delivery of team budget /cost


 

Specialist Skills / Technical Knowledge Required for this role:
 

  • Vision, mapping of organizational objectives to department output

  • Procurement operational experience

  • Customer Management

  • Effective Customer engagement skills

  • Data analytics and reporting experience

  • Excellent presentation skills


    Previous experience:

  • Minimum 12 years procurement experience

  • Professionally qualified (CIPS) (or working towards), Legal awareness (LLB) and/or experience in Financial Services 
     

Skills Required

  • Minimum 12 years of procurement experience
  • Professional CIPS qualification or currently working toward CIPS
  • Legal awareness, including an LLB, and/or experience in financial services
  • Procurement operational experience
  • Customer management and effective customer engagement skills
  • Data analytics and reporting experience
  • Excellent presentation skills
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The Company
HQ: Abu Dhabi, Abu Dhabi
10,072 Employees
Year Founded: 1997

What We Do

Abu Dhabi Islamic Bank, A Public Joint Stock Company, is a leading Islamic bank headquartered and listed in Abu Dhabi- UAE with a purpose of being a lifelong partner for customers, colleagues and community. Over the last two decades, ADIB has demonstrated a consistent track record of growth with assets now totaling USD 34 billion. The bank currently serves more than 1 million customers through a balanced proposition that combines a highly-personalized customer experience with world-class digital banking services. ADIB is a full-fledged financial service provider that offers banking solutions for individuals, corporates and affluent customers. In addition, the wider ADIB Group provides brokerage, real estate and property management, payments and insurance services. ADIB has one of the largest distribution networks in the UAE with more than 60 branches. Internationally, the bank has a presence in six strategic markets - Egypt, , the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.

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