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Procurement Business Partner

2 months ago

Dubai, Dubai, United Arab Emirates MAJID AL FUTTAIM Full time
Job Description

Job Title: Procurement Business Partner

Company: Majid Al Futtaim

Job Summary:

We are seeking a highly skilled Procurement Business Partner to join our team. As a key member of our procurement function, you will be responsible for developing and implementing strategic sourcing initiatives that drive business value and improve operational efficiency.

Key Responsibilities:

  • Develop and Implement Strategic Sourcing Initiatives: Collaborate with cross-functional teams to identify opportunities for cost savings and process improvements, and develop and implement strategic sourcing initiatives to achieve these goals.
  • Manage Budgets and Forecasts: Develop and manage budgets and forecasts to ensure accurate financial planning and reporting.
  • Collect, Consolidate, and Analyze Financial Data: Collect, consolidate, and analyze financial data to identify trends and areas for improvement.
  • Ensure Correct Financial Reporting: Ensure accurate and timely financial reporting across all business units, and coordinate with finance teams to resolve any discrepancies.
  • Plan and Manage Budgets: Plan and manage budgets related to categories and procurement, and ensure alignment with business strategies and priorities.
  • Advises and Creates Business-Driven Financial Analyses: Provide financial analysis and advice to business leaders to inform strategic decisions, and create business-driven financial analyses to support decision-making.
  • Modeling the Viability of New Business Efforts: Model the viability of new business efforts, including cost-benefit analyses, revenue alternatives, and costing scenarios, to inform strategic decisions.
  • Identify Automation Opportunities: Identify opportunities for automation and create project charters to implement.
  • Oversee and Own Key Control Processes: Oversee and own key control processes across the Majid Al Futtaim Group, and ensure compliance with policies and procedures.
  • Identify New Tools for Procurement Analytics: Identify new tools and technologies for procurement analytics, and develop reporting formats to deliver real-time data to meet business requirements.
  • Solicit and Analyze Feedback: Solicit and analyze feedback from stakeholders to improve the Procurement function.
  • Analyze Spend Profile: Analyze the spend profile to identify opportunities for improvement.
  • Ensure Procurement Compliance: Ensure Procurement is fully compliant with policies and procedures, and collaborate with internal and external auditors to ensure compliance.
  • Evolve Procurement Processes: Ensure Procurement processes, controls, and systems constantly evolve to align with the wider business and Procurement strategies, and remain effective, efficient, and fit for purpose.

Requirements:

  • Minimum 7 Years of Experience: Proven experience in procurement, with a minimum of 7 years of experience in a similar role.
  • In-Depth Understanding of Control Processes: In-depth understanding of control processes, including financial planning and analysis.
  • High Proficiency in Handling Large Datasets: High proficiency in handling, analyzing, and ensuring the integrity of large datasets.
  • In-Depth Understanding of FP&A Processes: In-depth understanding of financial planning and analysis (FP&A) processes.
  • Experience in Managing Digital Transformation Projects: Experience in managing digital transformation projects, including automation and process improvement initiatives.
  • Proven Expertise in Advanced Analytics: Proven expertise in advanced analytics and emerging insights approaches, including cognitive and machine learning, data visualization.
  • Proven Track Record in Data-Driven Insights: Proven track record in using data-driven insights to drive business savings and improve operational efficiency.