Senior Procurement Officer
Power International Holding
Total years of experience :11 years, 11 Months
Achievements
Successful Completion of Preopening Procurements (MEP/FF&E - OS&E)
Completion of Food & Beverages Regular supply tender
Proven Track record of Implementing Cost Reduction strategies and KPI's
Created a complete & Updated Vendor Database for local & Oversee purchases
Preparation and Management of yearly tender calendar by risk levels and schedule slabs (MEP/F&B & General)
Preparation of LPO’s as per approved PR and Quotations / Work orders, submissions and follow-up up to final approvals through SAP /MC Modules.
Reach out to the market for best qualified products and negotiating to "best buy" levels (MEP/General /Engineering)
Preparation & Submissions of price comparisons as per received proposals/quotes /Contract drafts, and rectifications until final approvals from Management.
Implements rigorous supply contracts/LPO on appropriate shipping Incoterms for all critical, strategic and preferred suppliers within the categories, incorporating service level agreements and continuous improvement targets.
Tracking of all shipments by the support of logistics clearance Coordinators from point of supply up to warehouse/customer delivery.
Creation /Management of New item articles & Supplier accounts by assessing required approvals and documents.
Liaise with Logistics & Supply Team and the warehouse to ensure that KPI’s are consistently met
Processing of All F&B Purchases (Over 1200SKU'S from 14 Categories) for 4 Restaurant Outlets / Room Services / Banquets & Outside Catering.
Building and managing the potential supplier relationships via market knowledge and RFI’s.
Float tenders to the market and manage the tender process from start to finish including writing the tender, managing relationships and clarifications, consolidating and analysing responses, undertaking commercial negotiations and evaluations, formulating and documenting recommendations and implementing contract agreements.
Create and develop a long-term plan and strategy for development of key categories.
Work closely with the Stores officer to oversee and support with maintaining target inventory levels.
Conducts procurement activity in accordance with stated ethics, CSR and other legal policies.
Ad Hoc Purchase Analysis Excel- (For Monthly/Yearly Cost and Expense Reports).
Conferring with suppliers and analyse supplier’s operations to determine factors that affect service, quality, cost, and meeting schedule requirements. Understand supplier’s technology roadmap and how it aligns with our product needs
Liaison between suppliers and involved departments to resolve procurement related problems.
Evaluation of bid responses, price negotiations, delivery schedules, and place purchase orders in accordance with division policies, procedures and government regulations.
Assist/Liaise with finance team for Vendor payment processing and further supports.
Determine requirements for contract creation and leverage purchase order terms. Negotiate and manage long term pricing agreements on critical items
Managing/Identify the Requirements from Departments and processing of purchase Requisitions &LPO's
Collecting and comparisons of Vendor quotations and processing by confirming the quality of products/services and cost reduction strategy's
Reach out to the market for best qualified products and negotiating to "best buy" levels.
Working Closely with different department for Implementing Firms Cost Reduction strategy's
Liaise with Logistics & Supply Team and the warehouse to ensure that KPI’s are consistently met
Tracking of all shipments by the support of logistics clearance Coordinators (quantity & quality) from point of supply up to warehouse/customer delivery.
Evaluation of bid responses, price negotiations, delivery schedules, and place purchase orders in accordance with division policies, procedures and government regulations.
Liaison between suppliers and involved departments to resolve procurement related problems.
Manage supplier communications, including sourcing event invitations, issue resolution, pricing terms negotiations, and contracting.
Determine requirements for contract creation and leverage purchase order terms. Negotiate and manage long term pricing agreements on critical items
Conferring with suppliers and analyse supplier’s operations to determine factors that affect service, quality, cost, and meeting schedule requirements. Understand supplier’s technology roadmap and how it aligns with our product needs
Performing Procurement activities with the highest ethical standards consistent with company policies and requirements.
Coordinating with managers/Departments to determine purchasing needs and specifications.
Development, implementation and support during the annual budgeting and bi-annual reforecast process.
High levels of interaction with Supply Chain teams and operational personnel’s.
Ad Hoc Purchase Analysis Excel- (For Monthly/Yearly Cost and Expense Reports).
Responsible for negotiations planning and execution with suppliers on costs, commercial and contractual terms. Track supplier performance to circumvent issues and achieve higher service levels in lesser cost.
Assist with implementing and maintaining internal financial controls and procedure.
Monitor and review Inventory control.
Administer accounts receivable and accounts payable
General ledger operations
Assisting Daily Density checking’s and Tank Security Measurements.
Monthly Dip and Levels Reports and Quantity analysis by SSR system.
Monthly closings and preparation of monthly financial statements reconcile and
Maintain balance sheet accounts draw up monthly financial reports
Prepare financial statements and reports for clients or company management.
Record the amount of money spent and received daily by clients or company management, using computer cash-flow software.
Develop and check budgets.
Recommend an appropriate tax structure for a client to use the most efficient way of holding tax assets.
Ensure compliance with relevant legislation
Give advice on a range of financial aspects of a business such as budgets, tax and cash flows.
Analyze how well a business is performing financially.
Assist with payroll administration monitor and resolve bank issues account/bank reconciliations.
Preparation of expense reports.
Assist with preparation and coordination of the audit process.
Certified Purchasing Professional
Affiliate - Chartered Institute of Procurement and Supply
Member ID: 9098721 CMA-USA (on track) CMA Candidate at Institute of Certified management accountant
RG N0. ISM MS 27051321 Field of Study: CHARTERED ACCOUNTING Advanced Accounting Management Accountancy Cost Accounting Auditing Taxation
Microsoft Office Excel Microsoft Office Word Microsoft Office Power point Advanced level excel skills of Vlook up, Pivots, Charts and Raw data handling .
Major Subject: CCommerce and Computer Applications-ERP Related course work: Fundamentals of Accounting, Partnership and Corporation Accounting, Financial Accounting I and II, Cost Accounting, Specialized Statements, Consolidated Statements, Managerial Accounting I and II, Audit Theory, Managerial Finance I and II, Partnership and Corporation law, Negotiable Instruments, Income taxation, Business Taxation Descriptions:- I have earned a strong academic and professional training in corporate accountancy, assurance and attestation, law, auditing, taxation and information technology, During the three years of the Program, I have accomplished projects related to: finance and accounting; laws and policies concerning commerce; GAAP,IFRS; financial decision making; financial statement analysis; wealth management; marketing etc. with a view to give them a hold on theoretical aspects of different concepts of Corporate Accountancy and finance.