Procurement Officer Job at Rainbow Educational Service Limited

Rainbow Educational Service Limited is a leading provider of innovative educational solutions. We specialize in educational consulting, teacher training, student enrichment programs, and educational resource development. We're passionate about shaping the future of education and fostering a love of learning.

We are recruiting to fill the position below:

Job Position: Procurement Officer

Job Location: Surulere, Lagos
Employment Type: Full-time

Key Responsibilities

• Ensure all procurement transactions are within approved budgets and compliant with financial and procurement policies.
• Track and report procurement spend, cost savings, and supplier performance metrics.
• Identify, evaluate, and select reliable suppliers and vendors.
• Develop and maintain strong relationships with key suppliers.
• Monitor vendor performance to ensure compliance with service level agreements (SLAs) and quality standards.
• Negotiate pricing, payment terms, and delivery schedules.
• Draft and review procurement contracts, ensuring legal and regulatory compliance.
• Ensure timely renewal or renegotiation of contracts.
• Maintain optimum inventory levels in collaboration with store and department leads.
• Forecast procurement needs based on consumption trends and upcoming projects.
• Coordinate logistics for the timely delivery and distribution of procured items.
• Oversee and manage end-to-end procurement processes from requisition to payment.
• Implement best practices and process improvements to enhance efficiency.
• Maintain accurate procurement records and documentation.
• Analyze procurement data to identify cost-saving opportunities.
• Prepare regular procurement reports for finance and executive management.
• Ensure compliance with procurement policies, ethical standards, and regulatory requirements.
• Identify procurement-related risks and recommend mitigation strategies.

Qualifications & Skills

• Bachelor’s degree in Procurement, Supply Chain Management, Business Administration, Logistics, or a related field.
• 3–5 years of proven experience in procurement, purchasing, or supply chain management.
• Professional certifications in procurement and supply chain are an added advantage.
• Hands-on experience with procurement software and tools (e.g., SAP, Oracle, or other ERP systems).
• Strong knowledge of vendor sourcing, contract negotiation, and inventory management.
• Excellent communication skills for liaising with vendors and internal stakeholders.