Commodity Specialist
- Employer
- Vela Personnel
- Location
- Jukskei Park Johannesburg, 2191 North Johannesburg, South Africa
- Salary
- Competitive
- Closing date
- Oct 23, 2024
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Introduction
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
Duties & Responsibilities
Key Job Outputs:
Core Competencies:
Qualifications:
Experience:
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
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
Duties & Responsibilities
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
You need to sign in or create an account to save a job.
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