Job Description
To lead the procurement and supply chain management for FNB Eswatini and oversees sourcing and requisition, planning and fulfilment to analysis and reporting. The role is a key member of the Finance Leadership team.- Lead the overall development and implementation of the Bank’s Procurement strategy
- Measure and report on procurement activities and progress with approved cost management plans
- Ensure alignment with Bank’s Procurement policies and procedures, and propose amendments where required
- Develop procurement solutions that save time, money and avoid undue delays in payments
- Identify measures to mitigate against undue supplier dependency
- Continually review logistics processes to ensure alignment with the business operating model
- Manage a database of preferred suppliers through utilizing sound governance processes
- Maintain a cost and quality benchmark for all major supplies for comparative purposes
- Manage long term contracts to ensure optimum cost and reliable supply
- Maintain relationships with suppliers and contractors to ensure reliable sources of supply and information
- Assess the strategic, financial, accounting, tax or legal impact of procurement activities
- Reduce incidences of wastage through efficient procurement and logistic processes
- Identify, control and escalate potential risks which may lead to financial losses and reputational issues
- Ensure that Bank procurement is a meaningful contributor to the Eswatini economy, whilst achieving effective cost control for FNB.
- Implement the Bank strategic intent towards a sustainable “Buy Swati” program that helps develop local entrepreneurs and provides meaningful measurement and reporting towards this.
- Research new solutions for the Bank’s supply requirements in a manner that manages costs responsibly.
- Continuously improve discipline around procurement governance and controls and provides solutions to mitigate against undue single supplier dependency.
- Coach and mentor direct reports to ensure staff motivation is high
- Ensure skill transfer for staff development, motivation and business continuity
- Ensure the team is managed and led, motivated and rewarded to achieve high performance areas
- Identify staff training and development needs and implement necessary actions
- Set goals and objectives for direct reports, monitor progress and maintain motivation
Minimum Qualifications
- Bachelor’s degree and Honors degree in supply chain management, Procurement, Business Administration, Finance, or a related field.
- A Master’s degree (e.g., MBA or MSc in Procurement/Supply Chain) an added advantage.
- Professional Certifications in CIPS (Chartered Institute of Procurement & Supply), ISM (Institute for Supply Management) and CPSM (Certified Professional in Supply Management) an added advantage
Experience
- 5 –8 + years of progressive experience in procurement or supply chain management.
- At least 3–5 years in a leadership role, preferably within the financial services or regulated industries.
Competencies
- Excellent communication and interpersonal skills
- Strategic thinking and Innovation
- Problem solving and adaptability
- Strategic sourcing and vendor management
- Contract negotiation and legal compliance
- Deep understanding of banking regulations, especially around third-party risk
- Familiarity with internal audit, compliance, and procurement policies
- Ability to ensure ethical procurement practices and transparency
- Strong stakeholder engagement across Departments
- Team leadership and development of procurement professionals
- Ability to drive change management and process improvements
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Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
02/09/25
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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