
Cost and Procurement Strategist
5 days ago
We are seeking a Cost and Contract Engineer to join our team. In this role, you will be responsible for developing BOQs, specifications, and tender documents in coordination with operations teams.
You will also lead tendering processes, define tender procedures, invite bids from pre-qualified vendors, complete the tender cycle/process, and finalize vendor selections by considering procurement SOPs.
Additional responsibilities include managing procure-to-pay (P2P) & source-to-pay (S2P) processes to ensure compliance with strategies, purchasing channels, policies, processes, and procedures.
You will develop cost-effective strategies (procurement plans) for the purchasing of materials and services, execute strategic sourcing plans, negotiate commercial supplier relationships, and manage contracts to deliver significant cost savings for the business.
In this role, you will work closely with operations teams to develop and monitor contractor performance management systems, explore and drive cost-saving initiatives by applying global best practices with local customization, provide support to finance departments on their requirements and queries related to supplier invoicing, documentation, and active status.
Key Performance Indicators (KPIs) include achieving departmental savings targets using the concept of Total Cost of Ownership (TCO), consolidating, reducing, and rationalizing suppliers in the approved supplier list (ASL), monitoring and evaluating supplier performance, and maintaining accurate records of contract expiration.
This is an exciting opportunity to join our dynamic team and contribute to driving business growth through effective procurement strategies.
Requirements- Strong Interpersonal skills
- Client management
- Excellent Negotiation skills
- Ability to carry out cost estimation for civil/mechanical/electrical engineering works as per design, drawings, and standards.
- Ability to develop BOQs, specifications, and tender documents.
- Ability to develop and run efficient & effective P2P cycles and supplier relations management.
- Ability to drive cost-saving initiatives including vendor consolidation and value engineering etc.
- At least 6 years of experience in cost estimation, engineering procurement, supply chain management, or related fields OR 3 years of cost estimation and 3 years of procurement.
- Knowledge of CMEP, engineering standards for procurement functions.
- Knowledge of petroleum site maintenance is an advantage.
- Engineering Bachelor's Degree BE-Civil / BE-Mechanical ) with specialization in procurement is an asset/Preferred OR
- Preferably Master's in supply chain with engineering degree.
- Autonomy in Work - We support and reward creators and doers, encourage innovation and an entrepreneurial mindset.
- Multi-Dimensional Growth - You will have the resources and developmental opportunities to succeed and the space and mobility to chart your own course.
- Talented High Performers - You will have the opportunity to work with some of the most talented people in our industry, tackling our clients' most complex challenges.
- Values deeply ingrained - You'll experience a culture grounded in respect, integrity, service, and excellence (RISE).
- Inclusivity and Accessibility - We enable, value, and embrace diverse perspectives across many dimensions.
- Safety and Well-being - You'll be provided with the work environment, resources, and tools to feel like your most productive self and offered support for your total well-being.
We're a dynamic organization committed to delivering exceptional results through effective procurement strategies.
We believe in creating a collaborative culture where respect, integrity, service, and excellence (RISE) guide our actions and decisions.
We value diversity, inclusivity, and accessibility, providing a safe and supportive work environment that fosters personal and professional growth.
We're always looking for talented individuals who share our vision and values, so if you're passionate about making a difference in procurement, we'd love to hear from you
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