Estimator cum Procurement Officer 12A26

The role of an Estimator cum Procurement Officer combines two critical functions within a company: accurately estimating project costs and managing the procurement of necessary materials and services. This dual-role position is ideal for professionals who possess a deep understanding of both financial estimation and supply chain management. As an Estimator cum Procurement Officer, you will be responsible for scrutinizing project details, preparing cost estimates, sourcing suppliers, and negotiating contracts to ensure cost-effective and timely procurement of materials. This position demands strong analytical skills, negotiation prowess, and excellent communication abilities. You will work closely with project managers, engineers, and suppliers, ensuring that all materials meet project specifications and are delivered promptly, thereby contributing significantly to the streamlined and efficient operation of project workflows. If you have experience in estimating and procurement, along with a keen eye for detail and a knack for building relationships, this dynamic and challenging role could be an excellent fit for you.

Responsibilities

• Prepare detailed and accurate project cost estimates based on relevant data.
• Analyze project specifications and requirements for accurate pricing and cost assessments.
• Identify and source reliable suppliers and vendors for project needs.
• Negotiate terms and contracts with suppliers to secure favorable pricing.
• Maintain a comprehensive database of suppliers and vendors for future projects.
• Ensure timely procurement of materials to meet project timelines effectively.
• Collaborate with project managers and engineers for effective procurement planning.
• Monitor market trends to manage budget and procurement strategies efficiently.
• Review supplier contracts for compliance with company policies and project specifics.
• Coordinate with the finance department to process and track purchase orders effectively.
• Conduct regular evaluations of supplier performance and support ongoing quality assurance.
• Prepare procurement reports and maintain comprehensive records for auditing purposes.

Requirements

• Bachelor’s degree in Business, Engineering, Project Management, or related field.
• Proven experience in estimation and procurement roles within relevant industries.
• Strong analytical skills and attention to detail for cost assessments.
• Excellent negotiation skills and ability to build strong supplier relationships.
• Proficiency in using procurement software and estimation tools effectively.
• Strong communication and interpersonal skills to work collaboratively.
• Ability to manage multiple projects and deadlines in a dynamic environment.