Job Brief
Their main duties include locating key suppliers, negotiating the company’s purchasing agreements and making sure their materials and products meet the company’s specifications. The candidate has to perform accounting task to support financial team as & when required.
Responsibility
Procurement officer would build vendor relationships to secure the best prices on products for the company, as well as perform these other responsibilities
Purchase goods or services that meet the quantity and quality expectations of the organization
Evaluate and negotiate contracts with vendors
Track inventory and restock goods when needed
Stay up to date on industry trends and new products
Compare available goods with industry trends to determine appropriate pricing
Collaborate with Financial Managers and other team members to successfully execute various accounting tasks.
Maintain company ledgers and daily financial transactions.
Create financial doents such as bills, invoices, pay-orders, payables, receivables and purchase orders.
Identify discrepancies in ledgers and accounts, tracking them to the source and correcting them.
Coordinate and manage payment and billing details of external service providers, contractors and vendors.
Verify payments and deposits made through the company account and coordinate with the bank.
Create daily reports for management and team members.
Procurement Specialist Skills and Qualifications
A successful procurement officer should have certain prerequisite skills and qualifications, which include:
Communication:
Strong verbal and written communication skills are must to have. These skills are required to determine their company’s product needs and to create constructive relationships with vendors.
Project management:
Procurement officer should be able to manage multiple projects at one time. The ability to plan, delegate and evaluate progress toward goals is necessary for managing these projects.
Negotiation:
Procurement would be the in charge of negotiating vendor contracts, so He must understand price points and be able to negotiate effectively.
Problem-solving:
A Procurement officer must have strong problem-solving skills. For example, He may need to solve the problem of a product or service that does not meet the quality standards of the company.
Qualification :
Bachelor degree in accounting / finance or relevant
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