Commodity Specialist 50 views

Purpose:

A financial services company is seeking a Commodity Specialist who will be responsible to analyse; identify; source; negotiate and manage the procurement process while mitigating risks and ensuring regulatory compliance and develop and implement commodity strategies aligned with Groups strategy and build relationship with stakeholders

Key Job Outputs:

• Analyse trends by reviewing management information
• Assisting stakeholders with budget forecasting by providing commodity information
• Identifying opportunities to develop sourcing strategy that will result in cost saving by benchmarking and negotiating with internal and external stakeholders
• Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice
• Contribute to a culture conducive to the achievement of transformation goals by participating in company culture building initiatives
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies
• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems
• Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes
• Mitigating risks by ensuring that policies and regulatory and industry governance requirements are adhered to
• Selection of preferred suppliers by conducting a tender or quotation process.
• Drafting and signing of contracts by liaising with Group Legal and stakeholders
• Ensuring SLA’s are met through end-to-end management of the contract (includes supplier relationship and performance management)
• Measure local procurement and environmental objectives against the company’s transformational objectives by conducting surveys or reviewing management information
• Identifying business requirements by engaging with internal stakeholders to understand business needs
• Collaboration with stakeholders to implement the sourcing strategy by coordinating workshops; presentations and meetings
• Exchange of information between stakeholders to achieve the procurement objective by sharing management information
• Manage and maintain internal and external stakeholder relationships by conducting regular engagements
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
• Understand and embrace the company vision and demonstrate the values through interaction with team and stakeholders
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames
• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team

Core Competencies:

• Administrative procedures and systems
• Banking knowledge
• Banking procedures
• Business principles
• Business terms and definitions
• Data analysis
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Governance, risk and controls
• Decision making
• Continuous improvement
• High-impact communication
• Managing work
• Sustaining customer satisfaction
• Technical/professional knowledge and skills

Qualifications:

• Essential: Advanced Diplomas/National 1st Degrees
• Preferred: BCOM, CIPS, MCIPS

Experience:

• 5-8 year business experience, including legal and contractual exposure will be ideal.
• Able to interact with senior management and executives in a professional way to build their trust

Salary:   Market related

Should you not hear from us within 2 weeks, kindly consider your application as unsuccessful.

All personal information received will be processed in accordance with The Protection of Personal Information Act No. 4 OF 2013