Category Manager at First Bank of Nigeria Limited (FirstBank)

Title: Category Manager | First Bank of Nigeria Limited (FirstBank) | Location: Head Office, Lagos

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Role Objective(s)

  • To develop and implement a category management approach and strategy in line with the Bank’s Procurement Strategy.
  • To drive strategic category sourcing, procurement and internal stakeholder management activities in a bid to deliver total cost of ownership savings for procurement categories.
  • To ensure efficient implementation of the Bank’s expenditure budget (CAPEX and OPEX) for category related procurement.

Duties & Responsibilities

  • Develop and implement category management strategies utilizing an end-to-end value chain approach to increase market competitiveness and sustain ongoing category improvements
  • Maintain deep category expertise through understanding and application of industry developments, marketplace trends, emerging technology, new techniques, leading practices, and shared experiences
  • Plan category related procurement activities for the financial year and periodically review category spend to identify and pursue strategic sourcing and demand management opportunities
  • Ensure compliance to the Bank’s Procurement Policy for procurement categories and activities  
  • Develop and maintain a Category Sourcing Plan to coordinate sourcing and contract management activities
  • Collaborate with internal stakeholders to implement and monitor category sourcing and supply plan for the various categories to ensure appropriate alignment and customer satisfaction
  • Lead cross-functional sourcing teams during sourcing events and negotiations for applicable categories to ensure best value with regard to pricing and quality
  • Oversee execution of procurement purchases utilizing an end-to-end value chain approach
  • Drive development of sustainable partnerships with strategic suppliers for procurement related categories
  • Active involvement in the contractor/vendor pre-qualification process for approved category related projects
  • Manage influence-able spend via demand management and flagging of maverick spend to ensure costs are managed properly under procurement related categories
  • Ensure adherence to defined parameters for quality assurance of goods/services received as well as the escalation route for complaints/rejection
  • Prepare and review periodic reports of trend analysis for category spend
  • Identify and drive implementation of procurement process improvements related to the category
  • Develop impact assessments and analyses based on internal market forecasts and internal requirements, external benchmarking studies and/or market trends including, but not limited to, future spend opportunities, category risks, and supplier sustainability
  • Conduct periodic appraisal of supplier performance to validate ability of suppliers to meet defined standards and rate suppliers accordingly
  • Develop and implement appropriate reporting and monitoring mechanisms that clearly highlight cost savings achieved by category/supplier
  • Support achievement of procurement performance objectives
  • Support in analysis and preparation of Executive Management reports and Board papers on procurement spend, cost savings and ongoing projects as required
  • Supervise and provide leadership direction for Category Specialists and Procurement Analysts
  • Undertake any other responsibilities as requested by the Head of Department, in accordance with the scope and responsibilities of the role
  • Comply with the principles and policies in the Information Security Hand book of the Bank

Role Requirements
Education:

  • Minimum Education:  A good First Degree in any discipline from a reputable institution.
  • Higher Degrees/Professional Certifications (an added advantage).
  • Experience
  • Minimum experience:  8 years’ relevant experience

Application Closing Date
11th June, 2021; 11:46 PM

How to Apply
Interested and qualified candidates should:
Click here to apply