Vendor Management Officer at Rosabon Financial Services

Duties and Responsibilities
Vendor Management Functions:

• Source for third-party service providers to support RFS business functions.
• Establish contract and vendor management polies and procedures
• Negotiate the highest quality deliverable within set budgets, in accordance with vendors management policies
• Establish cost control metrics and budgeting standards
• Monitor, track, evaluate and report vendor performance
• Ensure compliance with service level agreements and contractual terms by both parties
• Establish penalties for poor performance or deviation from agreed upon terms, or bonuses as the case may be.
• Maintain a calendar of activities (Dates for milestones, key deliverables, invoice delivery, performance appraisals etc.)
• Serve as a communications bridge between vendors and internal stakeholders
• Perform cost-benefit analysis on internal programs- expansion, procurement, marketing etc.
• Champion cost reduction efforts across all operational areas within RFS
• Proffer profitable pricing benchmarks for vendor managers in contract bid reviews
• Produce regular cost reports and advise unit head of any forecast cost overrun, for corrective action to be taken.

Qualifications

• Candidates should possess a B.Sc Degree with 2 - 3 years relevant work experience.