HFC Limited Hiring Head of Procurement

Head of Procurement

HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Risk & Compliance Division.

We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.

The job holder will head the Procurement Department and undertake all procurement matters of the Group, which includes the preparation of the Group’s Annual Procurement Plan and advise Management on procurement matters.

The Head of Procurement will lead the procurement team to deliver the appropriate support to the business to ensure corporate and business development objectives are met.

Deadline: 2024-09-15

Category: Finance

Subsidiary: HFC

Principle Accountabilities

• Facilitate timely, cost-effective, quality and accurate procurement of HF Group inputs (i.e. goods, services and works), and ensuring full adherence to the procurement policy and compliance with the relevant/related laws.
• Develop procurement strategies that are inventive, cost-effective and that align with the Group’s financial and strategic goals.
• Negotiate with suppliers and vendors to secure advantageous terms.
• Negotiate contracts with suppliers to obtain best price and service.
• Identify cost reduction opportunities to achieve financial goals.
• Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility.
• Performing risk assessments on potential contracts and agreements.
• Ensure procurement activities adhere to internal policies, legal requirements and mitigate related risks.
• Controlling the procurement budget and promoting a culture of long-term saving on procurement costs, forecasting and monitoring spend.
• Evaluating spending operations while seeking ways to improve and enhance the quality of products purchased.
• Conducting cost analyses and setting benchmarks for improvement.
• Prepare requisitions for quotations or tenders to prequalified suppliers or the public.
• Establish in co-ordination with the relevant department and end users, quality specifications of goods and services required by the Group.
• Review the supply chain to ensure it is efficient and effective.
• Ensure equitable and fair distribution of Request for Proposals to all pre-qualified suppliers.
• Manage the annual supplier pre-qualification exercise.
• Overseeing the receipt of all tender applications, ensure they are in safe custody, compile and prepare Tender Committee papers.
• Supervise purchases, stores management, inspection and issues of goods.
• Provide an effective Secretariat to the Tender Committee and facilitating a secretariat for Procurement Committee.
• Disposal of unserviceable HF Group assets.
• Maintenance of evaluation and performance records of suppliers.
• Maintain sound procurement policies that ensure sourcing and acquisition of goods, services and works is done while adhering to the laid down regulations.
• Lead and Develop the procurement team, fostering a high-performance culture.
• Stay updated on market trends and innovations to inform procurement decisions and maintain competitiveness.

Key Competencies and Skills

• Advanced negotiation skills.
• Strong Business acumen and Entrepreneurial skills.
• Assertiveness and diplomacy.
• Demonstrated leadership and people management skills.
• Strong communication skills.
• Highly analytical.
• Strong Risk Management abilities.
• High integrity.
• Detail oriented.
• Conflict resolution.
• Excellent planning and organizing skills.
• Personality: results oriented with excellent communication and social skills. A forward planner with clear focus, mature, reliable, hardworking and able to work with minimal supervision. 
• High level of integrity.
• Should be innovative in identifying and harnessing new and existing opportunities to maximize business.
• Strategic thinking.
• Ethical decision-making.

Minimum Qualifications, Knowledge and Experience

Academic

• Bachelor’s Degree in Business Management or a related field.
• Bachelor’s Degree in Business Management or a related field.
• Professional certifications such as Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM), or Chartered Institute of Procurement & Supply (CIPS is mandatory

Experience

• Minimum 8 years’ working experience with 5 years’ relevant experience in a management position
• Expertise in sustainability and green procurement practices will be an added advantage

Apply Now