Job Description
Ensure due diligence of potential suppliers and vendors to assess their reliability and adherence to legal and ethical
Responsibilities
Due Diligence and Vendor Management:
Due Diligence:
- Ensure due diligence of potential suppliers and vendors to assess their reliability and adherence to legal and ethical standards.
Vendor Performance Metrics:
- Ensure and audit the vendor performance management process.
- Ensure scheduled meetings for Key Performance Indicator (KPI) and Service Level Agreement (SLA) review are conducted.
- Ensure the application of penalties or rewards as necessary based on performance metrics.
Financial Stewardship:
Financial Reporting and Calculations:
- Ensure the accuracy and the compilation and analysis of intricate financial reports related to procurement activities.
- Ensure accurate financial calculations, including cost analyses, budget variances, and financial forecasting.
Contractual Affairs:
Contract Creation:
- Ensure contractual documents are in place timeously as required and that comply with legal requirements and organizational policies.
- Ensure that the contracts:
Governance Framework:
- Formulate, implement, and monitor a robust governance framework in alignment with internal standards and external regulations for all procurement/supply chain policies and SOPs
Policy and Procedure Development:
- Lead the creation, monitoring, and enforcement of procurement policies and procedures to ensure compliance across all procurement activities.
Regulatory Compliance:
- Ensure full alignment of procurement activities with federal, state, and organizational laws and regulations, including CIPS guidelines and SOX.
Custodian of Governance:
- Serve as the ultimate point of accountability for all governance-related matters.
- Maintain an up to date RFx (Request for Proposal/Quotation/Information) register.
Compliance and Auditing:
- Will be responsible for all Audit and Forensic interactions, providing all supporting evidence as and when required.
Tender timeline management
- Ensure and is responsible that tenders are executed as per agreed SLAs with the internal business. Identifying, escalating, and removing obstacles as they are identified.
SOP Adherence:
- Ensure that all procurement processes strictly adhere to the Procurement Standard Operating Procedures (SOPs).
Auditing:
Oversee and conduct continuous auditing of the procurement team’s work to ensure alignment with SOPs.
Vendor Documentation:
- Ensure that all diligence documents and vendor-based documents are complete and in compliance.
- No award will be done without sign off by yourself and the associate director.
Engagement Oversight:
- Oversee all engagements with external vendors for tender processes, ensuring correctness and adherence to procedures.
SOP Development:
- Contribute to the creation of new SOPs and facilitate digital innovation in procurement processes.
- Any other requirements the Associate director may have.
Qualifications
- The ideal candidate should have a background as a Lawyer, forensic auditor, auditor, or chartered accountant.
- Experience in procurement, compliance, and governance roles.
- Knowledge of legal and regulatory requirements related to procurement.
- Exceptional attention to detail and auditing skills.
- 10 years’ relevant experience
- This role is integral to ensuring the highest standards of governance and compliance within the Procurement department. The Governance and Compliance Senior Manager will play a pivotal role in upholding ethical and legal standards while optimizing procurement processes.
- Polygraph and psych ometric testing a prerequisite.