Requirements
The Procurement Officer role requires a Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field, with 4-7 years of procurement experience, ideally in financial services, technology, or a multi-entity corporate environment. Preferred qualifications include professional certifications like CIPS or CPSM, and hands-on experience with multi-category procurement including IT/SaaS, professional services, and facilities/ops. Proficiency in Microsoft Office and procurement systems/ERP, along with experience in strategic sourcing, category management, TCO analysis, supplier performance management, and procurement analytics is essential.
Description
The Procurement Officer is a key member of the Corporate Operations team, responsible for managing end-to-end sourcing and purchasing activities across all spend categories — including technology and SaaS, professional services, facilities, and operational supplies.The role is suited to a commercially minded professional who can balance rigorous process with business agility. It offers exposure to a dynamic, multi-entity FinTech Group and a structured path for professional growth within procurement and operations. The role is accountable for delivering strategic sourcing, total cost of ownership (TCO) optimisation, commercial value creation, supplier performance management, category management, and procurement governance across the group.Sourcing & Vendor Management• Lead end-to-end sourcing processes including RFI, RFQ, and RFP across technology, services, and operational categories• Evaluate suppliers using total cost of ownership (TCO) including (cost, quality, risk, and service)—not only purchase price.• Conduct market intelligence and benchmarking to ensure the Group procures the most economical goods and services.Contract & Compliance Management• Draft, review, and manage procurement contracts in coordination with Legal, Finance, and business stakeholders• Ensure all procurement activities comply with internal policies, approval authority matrices, and applicable UAE regulatory requirements. Maintain accurate and auditable procurement records, documentation, and contract repositories• Manage the complete contract lifecycle including renewals, amendments, expiry monitoring, and commercial renegotiations.Purchasing Operations• Process and manage purchase requisitions, purchase orders, and goods/services receipts in a timely manner• Liaise with Finance to ensure smooth PO-to-invoice workflows and resolve payment queries with vendors• Monitor open orders, delivery timelines, and escalate supply issues proactivelySpend and analysis reporting• Track and analyse spend data across categories to identify savings opportunities and consolidation potential• Prepare regular procurement reports, dashboards, and category performance summaries for management• Own procurement savings reporting, cost avoidance reporting, and procurement dashboards.• Forecast procurement demand and identify aggregation opportunities across group entities.Qualifications: • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field• Professional certification such as CIPS, CPSM, or equivalent (preferred)Experience: • 4–7 years of procurement experience, ideally within financial services, technology, or a multi-entity corporate environment• Hands-on experience managing multi-category procurement including IT/SaaS, professional services, and facilities/opsISO certification is preferred• Exposure to FinTech, InsurTech, or regulated financial services environments is an advantageSkills: • Strong commercial negotiation skills with a track record of achieving cost savings and favourable contract terms• Strong organisational and documentation skills; high attention to detail• Proficiency in Microsoft Office (Excel, Word, PowerPoint) and procurement systems/ERP (e.g. SAP, Oracle, or similar)• Experience with strategic sourcing, category management, TCO analysis, supplier performance management, and procurement analytics.