An exciting opportunity has arisen for a Group Purchasing Manager to join our team, reporting directly to the Head of Commercial Finance. In this role, you will be responsible for strategically sourcing and managing procurement activities to optimize costs, ensure quality, and support the company's growth. You will also lead and oversee a team of five within the Procurement department, playing a key role in driving our strategic objectives forward.
Duties and Responsibilities (Include but are not limited to): Due Diligence Ensure compliance of supplier onboarding processEnsure due diligence of supplier & SP (service providers) screening (AML - anti-money laundering)Ensure due diligence of Procure-to-pay (P2P) processes relating to spend management software, PO Cycles, Invoice administration, sourcing of goods and services (group buying)Ensure full due diligence of blanket purchase orders for recurring spendPartnering with the finance team to provide monthly reports on open purchase orders to assist with the close process to recognize accruals and prepaymentsDrive cash reserve initiatives with the negotiation of 30-day payment terms for SLA suppliers, to have a positive impact on treasury cash reservesAssess the financial viability of potential suppliers, through utilizing various financial metrics, with significance on Return on Investment (ROI) and Acid Test RatiosReporting & Contracting Prepare B-BBEE data for preferential procurement elementsPrepare top spend supplier reports to drive opportunities for cost savings and contract renegotiationsManage, Track & report on RFI (Request for Information), RFQ (Request for Quote), & RFP (Request for Proposal) group processesPrepare reports on P2P cycle efficiencies and possible areas of improvementsPrepare monthly cost savings reports for the group across RFQ sourcing activities & contracts savings opportunitiesStreamline procurement processes to enhance efficiency and effectiveness through:Understanding the current procurement landscapeImplementing technology solutionsStandardizing processesEnhancing supplier collaborationTraining and DevelopmentPerformance Measurement and Continuous ImprovementFostering a culture of innovationImplement procurement best practices and leverage technology to enhance procurement processesCompliance Ensure full compliance with all internal procedures and policies relating to procurementAdhering to regulatory & legal standards in procurement practicesLeadership & Engagement Enhance and lead team performance through clear performance metrics and KPIsFoster a collaborative and high-performance team environment by enhancing problem-solving capabilities and innovative sourcing strategiesDrive talent and employee engagement to create an inclusive environmentKey Requirements Bachelor's degree or Advanced DiplomaA relevant tertiary qualification in Procurement CIPS certified – Level 5/65 years' experience in a similar role within a Procurement & Purchasing department, ideally within the FinTech or Financial industry sector, specializing in Indirect Procurement activities.5 years' experience with Procure-to-Pay (P2P) software, preferably Fraxion.5 years' experience with Product Engineering Processes (PEP) to enhance the efficiency of procurement processes.5 years accounts payable administration experience.5 years proven experience in Procurement within African countries.5 years proven contract negotiation experience.5 years' experience in risk mitigation processes and tracking.5 years' experience in cost management:Analysing expenses throughout the procurement process (e.g., sourcing through delivery), identifying savings opportunities, and ensuring value for money in all purchases by the organization.5 years' experience in sustainability procurement practices.5 years' experience with B-BBEE – Preferential procurement, supplier, and enterprise development.5 years' experience with stakeholder engagement and supplier onboarding due diligence processes – AML.5 years' experience in managing full Request for Proposal (RFP) processes, including scorecard scoring, tracking, and reporting.5 years' experience and understanding of compliance policies, practices, and regulations in Africa.5 years proven experience in leadership and team management.Proficiency and knowledge in internal Procurement practices – CIPS certified: AdvancedKnowledge of Microsoft Office Suite (Excel, Word – Advanced Level): IntermediateKnowledge on international compliance policies and procedures: AdvancedKnowledge and strong understanding of supplier onboarding processes: AdvancedKnowledge of contract administration and supplier relationships: AdvancedStrong analytical thinker: IntermediateStrong knowledge of financial ERP software - Fraxion: IntermediateStrong knowledge of Procure-to-Pay software – Fraxion spend management: AdvancedMarket research & supplier identification: AdvancedContract negotiation, stakeholder engagement: AdvancedAdditional Skills High integrity and professionalismPlanning, Organizing, and Prioritizing skillsPro-Active and effective communicationExpert analytical and numerical skillsProblem Solving & analyticalSuccess & Goal OrientationAttention to Detail and a conscientious, accurate way of workTeamwork and collaborationI am sure you are reading this job description and meet the majority of the criteria BUT you may also still not be 100% comfortable in applying. We believe that there is a place for everyone under the Mukuru sun and we want YOU to contribute to our diverse tapestry of talent. So come on, take a leap of faith, and send your application if you meet the majority of our requirements. Remember to include a snippet of how you will bring value and help us build a future of success that will help us determine where and how you may best be suited. Maybe you are just the future Mukurian we need! Should you be appointed in a remote/work from home role at Mukuru, it is your responsibility to ensure that you have uninterrupted internet connectivity and a 'work-like' environment at your home location, in order to deliver your best in terms of performance, productivity and service to our customers. If you do not receive any response after two weeks, please consider your application unsuccessful. NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANY'S DIVERSITY AND INCLUSION PLANS
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