The Real Estate & Administration division at Afreximbank Group supports core functions through cost-effective, client-focused systems for real estate, procurement, and general management. The Senior Manager, Real Estate & Administration (Procurement) leads procurement operations, including strategic sourcing, supplier negotiations, contract management, and compliance.
Key Responsibilities
1. Procurement & Supply Chain Management
- Develop and implement a strategic procurement framework, ensuring compliance with Bank policies, procurement regulations, and QHSE standards.
- Oversee the full procurement cycle, including supplier selection, contract negotiations, procurement planning, and purchasing execution.
- Ensure all procurement activities align with Service Level Agreements (SLAs), cost controls, and operational compliance.
- Manage supplier performance, monitoring service quality, delivery times, contract compliance, and pricing effectiveness.
- Implement risk management strategies to mitigate procurement-related risks and ensure business continuity.
- Oversee the procurement of goods and services, ensuring timely delivery and cost-effectiveness.
- Maintain an updated vendor database, continuously identifying and sourcing new suppliers to enhance service delivery and pricing competitiveness.
- Lead contract negotiations with key vendors, ensuring optimal terms for cost, quality, delivery timelines, and payment conditions.
- Collaborate with Finance, Legal, and Administration teams to review, approve, and finalize procurement contracts.
- Monitor market trends, supplier innovations, and procurement best practices to drive efficiency and continuous improvement in procurement operations.
2. Procurement Compliance & Financial Oversight
- Ensure full compliance with Bank procurement policies, regulatory requirements, and international procurement best practices.
- Oversee the development and enforcement of procurement policies and procedures, ensuring operational transparency.
- Monitor budget adherence across procurement activities, ensuring cost-effective spending and financial prudence.
- Conduct procurement audits, ensuring all purchasing activities meet internal and external compliance standards.
- Implement procurement reporting frameworks, providing management with insights on expenditures, cost savings, and process efficiencies.
- Coordinate with the Finance team to manage procurement budgets, cost projections, and financial reconciliation.
- Lead the end-of-year procurement evaluation, ensuring accurate reporting on supplier performance and budget utilization.
3. Supplier & Vendor Relationship Management
- Develop and maintain strong supplier relationships, ensuring high-quality service delivery and operational efficiency.
- Establish vendor performance management systems, monitoring supplier compliance with contracts and service expectations.
- Conduct regular supplier evaluations, implementing corrective actions where necessary to enhance service standards.
- Manage procurement risk by maintaining a contingency supplier network, ensuring business continuity in case of service disruptions.
- Lead strategic supplier negotiations, ensuring the Bank secures the best pricing, delivery terms, and service agreements.
4. Team Leadership & Performance Management
- Lead and mentor the procurement team, ensuring a high-performance culture that aligns with the Bank’s strategic objectives.
- Develop and implement training programs to enhance the procurement team’s technical expertise and process efficiency.
- Conduct performance evaluations, providing structured feedback to optimize individual and team contributions.
- Foster team collaboration, ensuring seamless coordination between procurement, finance, and administration teams.
- Promote innovation and process optimization, encouraging continuous improvement in procurement strategies and workflows.
5. Other Responsibilities
- Provide advisory support to senior management on procurement-related matters.
- Represent the Bank in external procurement meetings, vendor negotiations, and industry forums.
- Perform additional duties as required by management or operational needs.
Job Requirements
Education & Professional Qualifications
- Master’s degree in Procurement, Supply Chain Management, Business Administration, Finance, or a related field.
- Professional certifications such as CIPS (Chartered Institute of Procurement & Supply), CPSM (Certified Professional in Supply Management), or equivalent are an added advantage.
Experience Requirements
- Minimum 10 years of experience in procurement and supply chain management, preferably in the financial, banking, or corporate sectors.
- At least 5 years of managerial experience, leading procurement teams in a large organization.
- Proven experience in contract negotiations, supplier management, and cost optimization.
- Strong understanding of regulatory compliance, procurement risk management, and financial forecasting.
Technical Skills & Competencies
- Expertise in procurement strategy development, vendor negotiations, and contract management.
- Strong analytical and problem-solving skills for cost control, supplier evaluations, and risk mitigation.
- Proficiency in SAP, Oracle, or other Enterprise Resource Planning (ERP) procurement systems.
- Ability to manage multi-million-dollar procurement budgets effectively.
- Strong leadership and stakeholder engagement skills, with experience in cross-functional collaboration.
- Excellent communication and negotiation skills to influence key stakeholders and suppliers.
- In-depth knowledge of QHSE procurement standards, financial regulations, and internal audit compliance.
