NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation. As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change. Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you! |
The Procurement lead the procurement of low to high complexity Financial services packages for NIF/ NIO and supports the Senior Procurement Manager and Procurement Director on the execution of the procurement for such financial services, working effectively with internal departments, external stakeholders and other members of the Procurement team. While carrying out procurement activities, the Procurement Professional/ Senior Specialist provides commercial leadership in project teams, developing and executing creative strategies to ensure work is conducted with rigorous professional standards in full compliance with NEOM governance. |
ROLE COMPETENCIES & ACTIVITIES The Procurement Lead responsibilities will include, but not be limited to: Policies & Procedures - Manages the Procurement of packages following NEOM policies, procedure and processes.
- Follows procurement and contracting Policy and Procedures.
- Assesses governance documents and suggests improvements to contracting strategies.
Contracting Strategies & Tender Plans - Reviews End User Scopes and advises most appropriate tendering and contracting strategy.
- Examine scope of work and other information provided by End Users and/or consultants for completeness and consistency.
Tender Documents - Compiles and Prepares Tender Documents to be issued.
- Prepare comprehensive ITT packages: develop Expression of Interest (EOI) Pre-Qualification requests, conduct EOI / PQQ’s, evaluate EOI / PQQ responses
Tender Period - Manages the communication, bidder’s queries and Tender Addendums during the tender period with necessary input from the End User where required.
Tender Evaluation - Coordinate and attend technical and commercial bid openings.
- Preform evaluation of commercial aspects of the technical submissions and evaluation of the commercial bid.
- Prepares recommendation for award for Notice of Award.
Contract Formation - Prepares contract documents for signature and execution.
- Issues Letter of Reward and Regret as appropriate.
Contract Administration - Provides advice on all contractual issues during the complete life cycle of the Contract until the contract closes out.
- Monitor supplier performance to ensure targets are met and identify ways to improve the supply chain process with suppliers
Document Auditing - Ensures effective document records are retained and audit and performance management mechanisms are in place
Management/Leadership - Coaches team members to develop new insights from analysis and leading to deliver solid set of actionable recommendations, especially for requests involving the financial sector services.
- Identify opportunities and lead efforts for cost reduction and increased efficiencies
- Actively engage and collaborate as a Business Partner with NIF to identify procurement needs and work collaboratively to develop solutions
- Work with NIF Operations to ensure the development and implementation of procurement policies and procedures
- Manage the procurement process, including sourcing, purchasing and contract negotiations.
- Foster relationships with suppliers to ensure that procurement needs are met efficiently and effectively.
- Participate in the evaluation of supplier bids and make recommendations regarding supplier selection.
Culture and Values - Embrace NEOM’s culture and Values https://www.neom.com/en-us/about.
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
- Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.
- Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules.
EXPERIENCE & QUALIFICATIONS Knowledge, Skills and Experience
- Minimum of 7 years of experience in stakeholder management, public relations, community engagement, or a related field.
- High level of emotional intelligence and diplomacy.
Communication Skills - Strong written and verbal communication.
- Able to communicate effectively with mid-level and senior stakeholders.
Analytical Skills / Problem Solving / Decision Making - Advanced analytical interpretation and problem-solving skills.
- Advanced problem-solving skills and techniques - able to understand and carry out spend analysis; draw out conclusions and fact-based decision making from this.
Expertise and Technical Knowledge - Excellent Knowledge of Procurement processes and procedures.
- Advanced document drafting and contract formation skills.
- Familiarity with the FIDIC suite of contracts.
- Specialist knowledge of procurement concepts, processes, activities and trends.
- Highly numerate, with highly developed analytical skills using qualitative and quantitative data.
- Knowledgeable of procurement/materials practices, economic principles, international codes, standards, procedures and specifications.
IT Skills - Advanced user of Microsoft Office programs including Word, Excel and PowerPoint.
- Hands-on experience with ERP systems, especially SAP, ORACLE
- Hands-on experience with e-procurement (SAP ARIBA, COUPA) solutions preferred
- Leadership
- Lead by example, promoting the highest standards of conduct, integrity and probity.
- Ability to coach / lean members of the Procurement team.
Innovation
- Ability to think about and suggest ideas, which add value to the project procurement
Planning Skills - Ability to plan deliverables, milestone and sign-off points.
- Ability to schedule and monitor activities to achieve organizational goals.
Influencing / Negotiation - Recognizes when to use different negotiation approaches and builds trusting relationships when resolving conflicts.
- 5-10 years of procurement experience within the Investment Management (IM) and/or Financial Services (FS) industry
- Experience with engaging specialist 3rd party advisory suppliers within the IM industry such as Financial/ Tax, Legal due diligence, and advisory firms.
- Experience in sourcing Interim resources with specialist IM and/or FS skill sets.
- Demonstration of business partnering capabilities with business unit/function in a large matrix organization
- Support business unit/ function operations annual plan and manage ad-hoc, time critical demands.
- You will own Procurement end to end act as a functional expert
- Ability to always improve business processes and speed for the end user
Qualifications\ - Bachelor Degree in Business Administration, Finance, Law, or similar, Industrial Engineering, or Supply chain Management degree.
- Procurement Qualification (Preferred) (e.g. CIPP, CIPM, SPM, CIPS, equivalent or relevant Masters)
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