Abu Dhabi Islamic Bank Finance/FinTech

Procurement Operations Manager

Abu Dhabi, United Arab Emirates In person Full-time

Role : Procurement Operations Manger

Location : Abu Dhabi

Role Purpose

  • To lead the Procurement Operations Manager and support the HOD to execute duties associated with Procurement Operations including but not limited to the following:
  • Responsibility to ensure an effective VMCP operating model including policy and procedures, procurement technology, targeted governance and control, talent management of resources
  • Responsibility for management and execution of VMCP low level spend commodities on behalf of ADIB departments
  • Act as an enabler to increase VMCP overall spend influence to ensure value can be derived for all ADIB stakeholders
  • Where required, lead major negotiations and procurement activities, engaging and presenting to senior stakeholders
  • Proactively identify and reduce ADIB Risk across the supply chain
  • Proactively identify opportunities to develop and institutionalize VMCP brand

KEY METRICS For Procurement Operations Manager

  • Increase spends under influence for VMCP
  • Enhance department reporting activities incorporating savings, risks, BRCC, ORM etc.
  • Reduce process exceptions
  • Ensure timely registration of vendors to enable competition
  • Map catalogues spend v PO spend and drive digitalization
  • Review Lifecycle activities to identify manual steps, governance, and control points
  • Conduct findings assessment and gap analysis and document priority actions/roadmap
  • Provide regular progress to plan to support process automation

Enhanced Procurement Functionality

Key Accountabilities of the role

Thought Leadership

  • Lead VMCP reporting mechanisms to ensure reports provided to senior management with key information
  • Identify opportunities /provide support to HOD and Category Managers to increase spend under VMCP influence
  • Engagements with external thought-leadership to analyze industry best practices and identify opportunities to incorporate within ADIB
  • Own and develop risk management strategies for ADIB engagements with strategic and critical vendors

Business As Usual Focus

  • Continuous review of department P & P, mapping to technology and ADIB objectives to ensure risks are managed and value is created
  • Develop and implement formal awareness campaigns to ensure wider and appropriate understanding and adherence to VMCP Policy and Procedures
  • Drive the utilization of spend catalogue to ensure effective use of VMCP resources
  • Provide technology operational expertise to VMCP and internal customers, improvement program to increase technology utilization
  • Proactive management of the ADIB vendor commercial directory to ensure institutionalized competition, risk management and alignment to ADIB overall objectives
  • Effective management of VMCP low value and low risk spend commodity
  • Develop and implement voice of the customer (internal and external) and factor feedback into department roadmap
  • Lead the delivery of year-on-year savings for ADIB where opportunities exist to provide competitive advantage
  • Responsible for department reporting activities incorporating savings, risks BRCC, RSCA, ORM etc.

Governance & Controls

  • Ensure effective controls are in operation to manage the potential financial loss
  • Develop robust departmental KPI and KRI to ensure risks and value are identified and map to ADIB objectives
  • Develop suite of reporting tools to enable VMCP to demonstrate its compliance to all associated metrics
  • Act as point of contact for all engagements with Audit, ORM, ICD (etc.)

Financials & Benefits Realization

  • Where requested effectively lead major vendor negotiations to deliver value for ADIB
  • Liaise closely with Business teams to ensure accurate & robust budget monitoring against project plans
  • Input into the annual Savings Pipeline, generate and submit savings Track and monitor benefits realization against planned targets
  • Ensure effective management and delivery of team budget /cost

Specialist Skills / Technical Knowledge Required for this role

Vision, mapping of organizational objectives to department output

Procurement operational experience

Customer Management

  • Effective Customer engagement skills
  • Data analytics and reporting experience
  • Excellent presentation skills

Previous experience

Minimum 12 years procurement experience

Professionally qualified (CIPS) (or working towards), Legal awareness (LLB) and/or experience in Financial Services

Job description provided by Abu Dhabi Islamic Bank.
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