Sourcing Analyst

Job Summary:

• Responsible for sourcing and procuring goods and services at competitive prices, ensuring compliance with company policies and procedures, meeting project requirements, and achieving cost optimization.

Key Accountabilities:

1. Sourcing & Tender Management

• Plan and execute sourcing activities for materials and services, including low-value, high-value, and complex tenders.
• Manage the end-to-end tendering process, including preparation of invitation-to-bid documents, bid evaluation, commercial negotiation, and contract award.
• Coordinate with internal stakeholders to ensure sourcing activities meet project requirements, specifications, and timelines.

2. Procurement Planning

• Execute and monitor the Master Procurement Plan (MPP) for materials and services.
• Coordinate contracting plans and track procurement progress to ensure timely delivery and avoid project delays.

3. Cost Optimization

• Identify cost-saving opportunities through strategic sourcing, supplier negotiations, market analysis, and contract optimization.
• Explore opportunities for bulk purchasing, joint tendering, and other value-creation initiatives to maximize procurement value.

4. Contract Management & Administration

• Prepare and coordinate contract documentation with internal departments, including Legal and Finance, and external contractors.
• Ensure timely submission of required documents, including bank guarantees, performance guarantees, and insurance.
• Support contract execution, post-award administration, and compliance with contractual requirements.

5. Compliance & Stakeholder Management

• Ensure procurement activities comply with company policies, procedures, regulatory requirements, and applicable contractual obligations.
• Maintain effective working relationships with internal stakeholders, contractors, and suppliers to support business and project objectives.
• Identify opportunities for continuous improvement and implement procurement best practices.

Requirements:

• Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a related field. An MBA would be an added advantage.
• Minimum 6 years of experience in procurement, logistics, or supply chain management within the oil and gas industry.
• Experience in a Joint Operating Company (JOC) or Production Sharing Contract (PSC) environment is highly relevant.
• Strong knowledge of sourcing, tendering, commercial evaluation, contract negotiation, and procurement administration.
• Good analytical, negotiation, communication, and stakeholder management skills.
• Strong commitment to procurement governance, compliance, and ethical business practices.