Chief Procurement Officer

Procurement Leadership Opportunity

We are seeking an experienced and skilled procurement professional to lead our procurement function.

Job Description:

The successful candidate will be responsible for developing and implementing effective sourcing strategies, ensuring cost-effective and timely procurement of materials, equipment, and services required for project execution. They will also oversee the day-to-day procurement of project materials, manage bank guarantees, letters of credit (LCs), and ensure compliance with financial risk mitigation tools.

Key Responsibilities:

• Strategic Procurement & Planning:
  • Develop and implement procurement strategies aligned with business objectives and project timelines.
  • Drive bulk buying and project-based procurement for long lead items and engineered bought-outs.
  • Establish rate contracts, manage e-auctioning platforms, and oversee price benchmarking for strategic categories.
  • Analyze spend data and identify cost optimization opportunities using Power BI, ERP, and MS Excel.
• Operational Procurement:
  • Oversee day-to-day procurement of project materials including Fabrication & Critical bought-out items.
  • Ensure timely delivery of materials to meet project schedules across multiple sites and units.
  • Manage bank guarantees, letters of credit (LCs), and ensure compliance with financial risk mitigation tools.
• Vendor & Contract Management:
  • Build and maintain strong relationships with suppliers and key stakeholders (CXO Level).
  • Develop a reliable vendor base; evaluate and onboard new vendors with technical and commercial screening.
  • Negotiate contracts with suppliers and contractors; ensure contract closure, vendor evaluation, and continuous performance monitoring.
  • Resolve vendor claims, legal disputes, and initiate legal actions when necessary in coordination with legal and finance teams.
  • Govern all procurement contracts with adherence to credit/debit policies, procurement policies, and contractual SLAs.
• Systems & Tools:
  • Lead adoption and improvement of procurement processes on ERP, PLM, DPT, and data analytics through Power BI dashboards.
  • Ensure procurement records, approvals, and documentation are accurate and audit-ready.

Skills & Qualifications:

• Strong knowledge of project procurement, rate contracting, and e-auctions.
• Familiarity with technical specifications of EPC/APC projects and bought-out items.
• Proficiency in ERP systems (e.g., SAP/Oracle), MS Excel (advanced), Power BI, and PLM platforms.
• Knowledge of commercial terms, INCO terms, BG/LCs, and import/export documentation.

Benefits:

• This role offers a unique opportunity to develop your skills in procurement leadership, work with a dynamic team, and contribute to the success of the organization.
• As a senior procurement leader, you will have the chance to drive business growth, improve operational efficiency, and enhance stakeholder satisfaction.

Risk Management & Compliance:

• Ensure all procurement activities comply with company policies, ethical standards, and legal requirements.
• Identify risks in the supply chain and develop mitigation strategies.
• Manage contracts, licenses, and documentation related to procurement.

Leadership Competencies:

• Ability to lead a cross-functional team and manage diverse procurement categories.
• Strong negotiation and persuasion skills for high-value/volume sourcing.
• Drive team performance management, KPI tracking, and people development through structured training and mentoring.
• Risk identification, mitigation planning, and strategic decision-making.