Summary
ADCB is hiring an Executive Manager, Procurement, in Abu Dhabi to lead the development and implementation of bank-wide procurement strategies and frameworks. The role oversees sourcing initiatives, vendor selection, contract negotiations, demand planning, team performance and budget monitoring. Applicants should have at least eight years of progressively responsible experience leading a large procurement function, a bachelor’s degree in Finance, Economics or Business Administration, and CIPS accreditation or equivalent. ADCB states that it offers a competitive salary, benefits and flexible or remote working options subject to eligibility and job requirements.
The posting
As published on adcb.com. Pulled from the employer's site and shown as they wrote it.
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About the Business Area - Finance
As a Finance team, we are partners to the business in achieving the company’s goals and driving the banks performance. We have been able to significantly add value in guiding and influencing decisions through our insight and understanding of the numbers. We focus on our clients and customers, on building deep and long-standing relationships and on improving the quality of our service and solutions; whilst balancing the pursuit of growth focusing on disciplined management of costs and risks, keeping a firm grip on liquidity and capital.
In this role, your key responsibilities include:
- Manage the development and implementation of a Bank-wide procurement strategy which drives a long term view of procurement and sourcing in order to effectively manage Bank-wide supply and demand and to drive maximum value from relationships with the Bank’s key vendors and providers.
- Manage the development and implementation of a pan-ADCB procurement framework to ensure the Bank to seek best value goods and services from simple product purchases through to significant infrastructure, technology, risk and insurance, consultancy and other services.
- Manage the implementation of Bank-wide or infrastructure procurement initiatives, overseeing vendor selection, contract negotiation and demand planning in order to drive maximum value for the Bank
- Assist in the development of long-term procurement strategies and managing the implementation of agreed actions to ensure alignment with the requirements of the Bank and to ensure that Bank-wide procurement activity drives maximum value.
- Collaborate with and maintain vendor relationship with critical suppliers, partners and third parties in order to effectively negotiate with the supply side in order to build effective long term supply contracts and to extract best value for the Bank.
- Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance
- Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximise overall performance, engagement and motivation
- Contribute to the preparation of the business area’s budget and manage and monitor the financial performance against the budget so that areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalised upon
- Recommend and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation
- Identify opportunities to contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment
- Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions
The ideal candidate should have the following experience
- At least 8 years of experience in progressively more complex and responsible experience leading a large procurement function
- Bachelor’s Degree in Finance, Economics or Business Administration
- Chartered Institute of Procurement and Supply (CIPS) accreditation or equivalent
What we offer:
Competitive Salary Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
Learning and Development Opportunities: We value and facilitate continuous learning and personal development through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-learning catalog, on-the-job training, and professional development programs.