The American University of Technology is looking for an experienced and strategic-minded Procurement Officer to manage the procurement operations and ensure the efficient acquisition of goods and supplies. He/she will be responsible for developing procurement strategies, fostering strong vendor relationships, and implementing cost-saving initiatives.
Main Responsibilities
• Develop and implement procurement strategies aligned with organizational goals and objectives.
• Identify opportunities for cost savings and efficiency improvements in procurement processes.
• Cultivate and maintain strong relationships with vendors and suppliers.
• Negotiate favorable terms and conditions with suppliers to achieve cost-effective procurement outcomes.
• Ensure cost-effective acquisition of goods, materials, supplies, furniture, and equipment.
• Oversee the preparation of purchase orders and requisitions in accordance with organizational needs and budgetary constraints.
• Ensure that all procurement activities comply with applicable laws, university policies, and relevant procedures.
• Implement cost-saving strategies and initiatives to optimize procurement processes and reduce expenditure.
• Analyze procurement data and trends to identify opportunities for cost reduction and efficiency improvement.
• Control expenditure from the budget allocated to the Procurement Department.
• Monitor budget utilization and take corrective actions as needed to ensure financial accountability.
• Collaborate with other departments to understand their procurement needs and provide strategic guidance and support.
• Develop and maintain a comprehensive vendor database.
• Evaluate vendor performance and implement corrective actions as necessary.
• Coordinate with finance and accounting departments to ensure accurate recording and reporting of procurement transactions.

Qualifications and Skills:
• Bachelor's degree in Business Administration, Supply Chain Management, or a related field. Master's degree preferred.
• Minimum 5 years of experience in procurement.
• In-depth knowledge of procurement processes, regulations, and best practices.
• Excellent leadership, communication, and negotiation skills.
• Strong analytical and problem-solving abilities.
• Ability to multitask, prioritize tasks, and meet deadlines in a fast-paced environment.
• Proficiency in procurement software and MS Office applications