Overview

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

Job Position: Procurement Lead

Job Location: Lagos, Nigeria

Job Description

  • We are seeking a dynamic and results-oriented Procurement Lead to join our team. This role will focus on driving cost savings and optimizing procurement strategies on a global scale.
  • The ideal candidate will have extensive experience in contract negotiation, supplier management, and strategic sourcing.

Job Responsibilities

  • Cost Savings Initiatives: Develop and implement strategies to achieve significant cost reductions across all procurement categories.
  • Contract Management: Lead the renegotiation of existing contracts to secure more favorable terms, conditions, and pricing structures.
  • Supplier Relationship Management: Build and maintain strong relationships with suppliers to foster collaboration and drive performance improvements.
  • Global Sourcing Strategy: Identify and evaluate potential suppliers globally, ensuring alignment with company goals and objectives.
  • Market Analysis: Conduct thorough market research to stay informed about industry trends, pricing fluctuations, and new sourcing opportunities.
  • Cross-Functional Collaboration: Work closely with internal stakeholders, including finance, operations, and product development, to align procurement strategies with business needs.
  • Performance Metrics: Establish and monitor key performance indicators (KPIs) for procurement activities, ensuring continuous improvement and accountability.
  • Risk Management: Identify and mitigate potential risks within the supply chain, ensuring business continuity.

Job Requirements

  • Bachelor’s degree in Business, Supply Chain Management, or a related field; MBA preferred.
  • 7+ years of experience in procurement, with a focus on cost savings and contract negotiation.
  • Proven track record of achieving significant cost reductions in a global context.
  • Strong analytical skills and experience with procurement software and tools.
  • Excellent negotiation and communication skills.
  • Ability to work in a fast-paced, cross-cultural environment.
  • Proficiency in [relevant languages]

Benefits

  • Competitive salary.
  • Comprehensive benefits package.
  • Pension Plan
  • Opportunities for professional development and career advancement.
  • A collaborative and innovative work environment.
  • Paid Time Off

How to Apply
Interested and qualified candidates should:
Click here to apply online

Tagged as: Procurement, Supply Chain