VP/AVP - Procurement

Key highlights of the role are listed below (purely indicative and not

limiting):

• Develop and execute procurement strategies to ensure cost savings,

efficiency, and compliance with company policies.

• Oversee end-to-end procurement processes, including supplier

selection, contract negotiations, and vendor performance management.

• Drive innovation in procurement strategies and processes to improve

efficiency, reduce procurement lead times, and enhance data-driven

decision-making.

• Collaborate with senior leadership to forecast procurement needs and

ensure the timely acquisition of resources.

• Manage procurement financials, including budgeting, forecasting, and

accounting, in coordination with the Finance team.

• Monitor and control procurement expenses, identify opportunities for

cost savings, and implement initiatives to reduce procurement costs

without compromising quality.

• Analyze market trends and economic conditions to make informed

purchasing decisions.

• Ensure timely review and renewal of agreements or release new RFPs as

per business requirements.

• Work closely with suppliers to optimize key procurement processes and

enhance value delivery.

• Ensure the processes to be governed under CVC guidelines.
• Leverage technology for procurement efficiency, including e-auctions

and e-tendering platforms.

• Develop strong internal stakeholder relationships to support business

needs and drive cross-functional collaboration.

• Lead vendor selection and evaluation to ensure alignment with business

needs and quality standards

• Oversee budget management for external vendor contracts, ensuring

cost efficiencies and minimizing financial risk

• Oversee the negotiation of contracts, terms, and conditions with

external vendors to ensure favourable pricing, service level agreements

(SLAs), and compliance with regulatory and security standards

• Track and report compliance for all outsourced activities, ensuring

adherence to regulatory and internal standards.

• Monitor regulatory changes, industry trends, and best practices to

enhance procurement and administrative functions.

• Oversee key administrative functions, including facility management,

vendor contracts for office services, and operational support activities

• Drive efficiency in office management, logistics, and other general

administrative services.

• Ensure efficient and effective operations, and promoting a positive work

environment

• Ensure compliance with health, safety, and regulatory standards in all

administrative and procurement activities

• Manage office infrastructure, utilities, and maintenance to ensure a

smooth and productive work environment.

• Supervise front-office operations, travel management, employee

transport services, and cafeteria operations.

Applicants should possess the following attributes:

• Strong contract management and negotiation skills.
• Proficiency in procurement technologies, including e-auctions and etendering.
• Understanding budget management, cost control, and expense

optimization related to administrative and procurement functions.

• Should have deep understanding of compliance, regulatory requirements,

risk management in procurement and knowledge on CVC guidelines.

• Analytical mindset with strong decision-making and problem-solving skills.
• Ability to manage multiple stakeholders and work in a fast-paced

environment.

• Excellent communication, leadership, and team-building skills.