AVP - Procurement & Contracts - Real Estate

Key Responsibilities:

1. Strategic Procurement Planning: Develop and implement procurement strategies that align with the company's objectives, cost control, and quality standards.

2. Vendor Management: Identify, assess, and manage relationships with suppliers, subcontractors, and vendors. Evaluate vendor performance, negotiate terms, and establish long-term partnerships.

3. Contract Negotiation and Management: Lead contract negotiations, ensuring favorable terms, conditions, and pricing for the company. Oversee the review and approval of contracts, ensuring compliance with legal and company requirements.

4. Cost Control: Implement cost-saving initiatives, value engineering and competitive bidding processes. Analyse and forecast procurement costs to optimize budget utilization. Develop and manage departmental budgets, control costs, and report on procurement and contract performance to senior management.

5. Risk Management: Identify and assess potential risks related to procurement and contracts. Develop and implement risk mitigation strategies to protect the company's interests.

6. Compliance and Regulations: Ensure procurement activities adhere to all relevant laws, regulations, and industry standards. Maintain compliance with internal policies and procedures.

7. Team Leadership: Manage the procurement and contracts team and Provide guidance and coaching to team members.

8. Reporting and Analysis: Generate regular reports and performance metrics to assess procurement effectiveness. Analyse data to identify trends and areas for improvement.

9. Drive continuous improvement initiatives within the procurement and contract management processes.

10. Stakeholder Collaboration: Collaborate with project managers, finance, legal and other departments to ensure seamless project execution