Manager - Residential Procurement (RES204)📣 Job Ad

About the Role

Qiddiya Investment Company is seeking a Manager - Residential Procurement (RES204) to oversee critical procurement initiatives for its residential development projects in Riyadh, Saudi Arabia. This role is essential for ensuring that all procurement activities are strategically aligned with project objectives, are cost-efficient, and meet high standards of quality. The Manager will develop procurement strategies, cultivate supplier relationships, and collaborate with stakeholders to meet delivery timelines and budget requirements, ensuring the timely acquisition of necessary goods and services for ambitious residential projects.

Key Responsibilities

• Develop and implement comprehensive procurement strategies for residential projects, ensuring alignment with project timelines and budgets.
• Manage the supplier lifecycle, including selection, negotiation, and contract management, to optimize cost, quality, and delivery performance.
• Collaborate with project teams and internal stakeholders to define procurement needs and specifications.
• Conduct market analysis and supplier evaluations to identify value opportunities and mitigate risks.
• Monitor procurement performance against KPIs and contract terms to ensure compliance and drive continuous improvement.
• Ensure all procurement activities adhere to company policies, ethical standards, and regulatory requirements.
• Lead, mentor, and develop procurement professionals within the residential procurement function.
• Prepare detailed procurement reports and escalate significant issues or risks to senior management.

Qualifications and Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• A minimum of 7 years of progressive experience in procurement, with a preference for experience in residential construction or real estate development.
• Proven expertise in supplier negotiation, complex contract management, and strategic sourcing methodologies.
• Strong analytical and problem-solving skills with the ability to make data-driven decisions.
• Excellent communication and interpersonal skills for effective stakeholder engagement and relationship building.
• Demonstrated experience in managing procurement teams and overseeing multiple procurement projects simultaneously.
• Proficiency in utilizing various procurement software and tools.
• Knowledge of local market conditions and regulatory environments within Saudi Arabia is considered advantageous.

Required Skills

• Procurement Strategies
• Supplier Relationship Management
• Contract Management
• Market Analysis
• Risk Mitigation
• Performance Monitoring
• Compliance Management
• Leadership and Team Management
• Mentoring and Development
• Reporting and Documentation
• Analytical and Problem-Solving Skills
• Communication and Interpersonal Skills
• Stakeholder Engagement
• Procurement Software Proficiency

Work Environment and Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of relevant experience. Qiddiya Investment Company offers a competitive compensation and benefits package.