Head of Cost Management Unit At ALEXBANK

 Head of Cost Management Unit At ALEXBANK

Job description

Manage all activities related to the suppliers such as the surveying, updating, analysis and assessment of suppliers according to technical, economic, financial, commercial, organizational, social/environmental sustainability criteria and even for their sub-contractors.

Deal with suppliers in line with the cost saving criteria of technical, commercial and financial reliability.

Develop sourcing strategies.

Systematically screen and identify new suppliers in order to optimize the suppliers costs.

Plan, in accordance with the requesters and/or the Group, the procurement activities and to check the budget availability.

Check the sourcing of goods & services to meet purchasing requirements managing the selection of the suppliers according to reliability, economical and transparency criteria.

Manage the local supplier database integrating financial data and predictive indicators identified through internal or external sources with the aim to identify supplier failures or potential problems early and mitigate related risks.

Lead the cost management team to achieve business targets

Assure the procurement dashboard are published on time

Audit the savings numbers and assure the evidence on the actuals

Perform Vendors evaluations and surveys

Desired Skills and Experience

Minimum 10 years of experience

Financial modeling Knowledge

Budgeting background

Vendors evaluation background

Financial analytics knowledge

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