Assistant Procurement Manager
DGM Investment is a community-focused investment group founded in China in 1981 and established in Dubai for over 10 years. Specializing in real estate and natural resource investments, the company also offers services in property management and financial consulting.
Skills
About This Role
Company Description
DGM Investment is a community-focused investment group founded in China in 1981 and established in Dubai for over 10 years.
Specializing in real estate and natural resource investments, the company also offers services in property management and financial consulting.
With a portfolio of investments in over 12 local companies, DGM Investment provides comprehensive services including development, brokerage, property and facilities management, community operations, vacation homes, legal, and marketing.
The organization is committed to building thriving communities and creating sustainable value.
Role Description
This is a full-time, on-site role for an Assistant Procurement Manager, based in Dubai, United Arab Emirates.
The Assistant Procurement Manager will support procurement processes, including evaluating suppliers, managing contracts, and handling negotiations to ensure cost-efficiency and compliance.
The role involves analyzing procurement plans, maintaining supplier relationships, and ensuring timely and effective acquisition of goods and services.
The individual will also assist in implementing strategic procurement initiatives and maintaining high standards in vendor management.
Key Responsibilities
- Develop and implement procurement strategies aligned with company objectives
- Manage sourcing, purchasing, and supplier negotiations
- Monitor procurement budgets and ensure cost-effective purchasing
- Coordinate with finance departments for budgeting, invoice verification, and payment processes
- Analyze procurement costs and identify cost-saving opportunities
- Prepare procurement reports, financial forecasts, and expense analysis
- Ensure compliance with procurement policies and financial procedures
- Evaluate supplier performance and maintain strong vendor relationships
- Oversee contract management and purchase order processes
- Collaborate with warehouse and operations teams for inventory planning
- Lead and supervise procurement team members
Required Qualifications
- Bachelor’s degree in finance, Accounting, Business Administration, Supply Chain, or related field
- Strong finance background with procurement experience
- Minimum 5 years of experience in procurement, purchasing, or supply chain management
- Knowledge of budgeting, financial analysis, and cost control
- Experience with ERP systems such as YARDI, ODOO or similar software
- Excellent negotiation and analytical skills
Key Skills
- Procurement and sourcing management
- Financial analysis and budgeting
- Vendor negotiation and contract management
- Cost reduction strategies
- Inventory and supply chain coordination
- Leadership and team management
- Advanced MS Excel and reporting skills
Preferred Candidate Profile
- Candidates with experience in both procurement and finance/accounting functions
- Strong understanding of financial reporting and procurement compliance
- Ability to manage budgets and procurement KPIs effectively
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