Jobs Career Advice Signup

Send this job to a friend


Did you notice an error or suspect this job is scam? Tell us.

intake banner
  • Posted: Aug 31, 2021
    Deadline: Not specified
  • Nigerian Exchange Group (NGX Group) Plc is a leading integrated market infrastructure in Africa. We service the largest economy in Africa and are strengthening the competitiveness of African economies to achieve global prosperity. As a key player in the continent’s financial markets, we take an active role in shaping the future of the markets through our investment in business innovation and technology.
    Read more about this company


    Procurement Officer

    About the Job

    • The Procurement Officer will support in managing the operational activities of the Unit.
    • The Procurement Officer will also be responsible for planning and developing systems, strategies, and procedures that will improve the efficiency of the department.
    • He/she would deliver services that meet business requirements, adhere to organisation policies and procedures as well as ensure adherence to Health and Safety standards.
    • This position reports to the Team Lead, Procurement.


    • Ensure policy guidelines /steps on procurement are followed.
    • Ensure that products and services are delivered as at when due.
    • Actively manage the supply chain, collaborate with internal stakeholders and suppliers, critically analyse company spend, and manage supplier risks.
    • Ensure all procurement requests are budgeted for.
    • Follow the due process in vendor/contractor selection and documentation.
    • Carry out the interview of prospective vendors/contractors and negotiate prices with them.
    • Process quarterly stock requests and provide procurement reports.
    • Carry out market price surveys at least once every quarter and submit reports on Market surveys.
    • Maintain a price list quarterly across all items and services procured.
    • Identify new opportunities and innovations available in the supply chain.
    • Maintain a record of negotiated cost and value additions.
    • Work with departments in achieving set goals on various projects in the NGX Exchange.
    • Issuance of Purchase Orders.
    • Manage relationships with suppliers.
    • Manage Change in Contracts with stakeholders involved.
    • Prepare Monthly Expenditure Report, Monthly Cost Savings Index and Monthly Supplier Performance Management Dashboard.
    • Plan the Cost Optimisation Committee meetings; send out invites for meetings, prepare cost optimisation committee (COC) reports, and file COC Documents.

    Desired Competencies and Skill Requirements:

    • Comprehensive knowledge and expertise of procurement processes and standards.
    • Broad knowledge and understanding of international procurement/supply chain standards.
    • Understanding of Finance principles in order to manage the department’s budget.
    • Knowledge of Lagos and its environs (advantage).
    • Strong Negotiation, Strategic planning, and communication skills.
    • Ability to build and maintain strong networks with other admin managers of corporate institutions.

    Job Specification
    To successfully deliver the above goals, the right candidate must have:

    • Minimum of B.Sc / HND in Business Administration / Marketing / Commercial and Engineering related courses.
    • Minimum of 2 - 5 years’ experience in a Procurement related field.

    Method of Application

    Interested and qualified? Go to Nigerian Exchange Group (NGX Group) on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at ... Back To Home
View Hot Nigerian Jobs Today »

Career Advice

View All Career Advice

Subscribe to Job Alert


Join our happy subscribers

Send your application through

GmailGmail YahoomailYahoomail