Senior Contracts & Procurement Specialist (225-623)

As a Senior Contracts & Procurement Specialist, you will play a critical role in establishing, managing, and optimizing the procurement and contract management processes for our organization. This position requires a strategic thinker with exceptional negotiation skills and an in-depth understanding of procurement and contract management principles. Your primary mission will be to ensure that the organization acquires goods and services efficiently while minimizing risks and costs. You will work closely with various departments to understand their requirements and ensure compliance with company policies and regulations. Given your senior role, you will also be expected to lead and mentor junior staff, and collaborate with key stakeholders to drive continuous improvement in procurement practices. This is a dynamic role that requires strong leadership, exceptional communication, and analytical skills.

Responsibilities

• Develop and implement procurement strategies tailored to the organization's needs and goals.
• Lead the end-to-end procurement process, from tendering to contract closure.
• Negotiate contracts and agreements to ensure favorable terms for the organization.
• Monitor market trends and conditions to identify potential suppliers and products.
• Manage supplier relationships and performance to ensure contractual obligations are met.
• Work with internal stakeholders to understand procurement needs and develop specifications.
• Ensure compliance with legal and regulatory requirements in all procurement activities.
• Provide guidance and mentorship to junior purchasing staff and team members.
• Prepare and present procurement reports and KPIs for management and stakeholders.
• Identify and implement continual improvement initiatives to enhance procurement efficiency.
• Resolve disputes and issues with suppliers and escalate to management when necessary.
• Oversee the vendor evaluation process to ensure quality and cost-effectiveness.

Requirements

• Bachelor's degree in business, supply chain management, or a related field.
• A minimum of 5 years of experience in procurement or contract management roles.
• Strong negotiation skills and the ability to manage complex contracts effectively.
• Comprehensive knowledge of procurement best practices, policies, and regulations.
• Excellent analytical skills and attention to detail in processing procurement data.
• Ability to communicate and collaborate effectively with diverse teams and stakeholders.
• Proficiency in procurement and contract management software and tools.
• Previous experience in a senior or lead procurement role is highly preferred.