Procurement Officer Job at Sterling Asset Management and Trustees Limited

Sterling Asset Management and Trustees Limited (SAMTL) - (formerly NAL Asset Management and Trustees Limited) was incorporated on September 5th, 1985 as a Private Limited Liability Company and registered by Securities and Exchange Commission to do the business of asset management and trusteeship.

We are recruiting to fill the position below: 

Job Position: Procurement Officer
Job Location: Lagos
Job Description

• The qualified applicant will take ownership of negotiating pricing contracts with subcontractors and suppliers whilst minimizing cost for the company, adhering to the management policy, standards and loyalty to the company’s vision.

Main Responsibilities

• Meet subcontractors and suppliers on-site as necessary.
• Ensure compliance to project budgets and provide analysis of deviations.
• Ensure accurate takeoffs to ensure budgets are accurate.
• Maintain and implement construction performance / budget for each project.
• Negotiate pricing contracts with subcontractors and suppliers.
• Issue purchase orders for procurement and expedition of materials and equipment for job.
• Research new materials for design and cost savings.
• Maintain subcontractor and supplier insurance policies.
• Develop and implement new purchasing strategies to deliver ongoing cost reductions and process simplification
• Maintain relationships with subcontractors and suppliers
• Establish new relationships with subcontractors and suppliers to ensure adequate resources for all projects and to continually improve pricing and quality of work
• Assist in ensuring awareness and company compliance to all building codes and local construction guidelines
• Handle change order requests.
• Forecast upcoming demand.
• Assist in maintaining company quality control program
• Assist in settling invoice or contract disputes.
• Create spreadsheets with vendor & product or service comparisons of prospective suppliers to support management decisions.
• Establish stocking criteria, replenishment levels, inventory management, and tracking and reporting procedures.

Educational Qualification & Experience

• A good first degree in Purchasing & Supply, Business Management, Economics, or other related fields obtained from a reputable institution.
• Professional certification in Purchasing & Supply Management is a plus.
• Minimum of 7 years’ experience 5 of which must have been spent in a procurement function within a real estate environment is compulsory.

Skills & Competencies:

• Excellent cost control skills.
• Good grasp of the Nigerian real estate marketing environment.
• Computer literacy especially in MS Word, Excel, etc.
• High level of Integrity.
• Excellent written & oral communication skills.
• Strong Negotiation/Bargaining Skills.
• Dependable/Reliable.
• Strong Analytical Skills.
• Physical & Mental Alertness.