Procurement Lead

About Ektis

Role overview

Sourcing and contracting

• Own sourcing across third-party spend, from requirement definition through market approach, evaluation, negotiation, and award.
• Analyze spend by category, supplier, and entity; develop strategies for technology and cloud, subcontractors and associates, professional services, and facilities.
• Use competitive processes proportionate to value and risk, avoiding unnecessary steps for low-value purchases.
• Negotiate price, terms, service levels, and exit provisions; own contract templates and standard terms with legal counsel and the CFO.
• Maintain a contract register with renewal dates, notice periods, commitments, and owners; support client-side commercial work and flow-down of client terms.

Suppliers and procurement controls

• Build and manage the supplier base through onboarding, due diligence, segmentation, performance reviews, and structured reviews of strategic suppliers.
• Manage supplier financial, information-security, data-protection, insurance, and continuity risks; resolve disputes and performance failures early.
• Design and run a practical procure-to-pay process, procurement policy, approval thresholds, delegated authority, and segregation of duties.
• Keep purchasing accessible for urgent and low-value needs and maintain audit-ready sourcing, approval, and contract records across both entities.

Compliance and financial reporting

• Meet Saudi and UAE regulatory and tax requirements, including VAT treatment, withholding tax on cross-border payments, Zakat considerations, and supplier documentation.
• Apply Saudi in-country content and local supplier requirements where relevant to the firm or client contracts.
• Apply anti-bribery, conflict-of-interest, and sanctions screening in supplier selection and onboarding.
• Coordinate data-protection and information-security requirements with the technology function and suppliers.
• Provide the CFO visibility into third-party spend, committed cost, and forward commitments; evidence savings, cost avoidance, and margin protection.
• Support budgeting and forecasting with credible supplier-cost and contract-commitment input; challenge demand as well as price.

Requirements

• The role is based in Saudi Arabia and covers procurement for the KSA and UAE entities.
• Demonstrated ability to deliver hands-on sourcing, negotiation, supplier management, and procurement-process setup.
• Knowledge of Saudi and UAE regulatory and tax requirements, including VAT, withholding tax on cross-border payments, Zakat, and supplier registration and documentation.
• Ability to apply Saudi in-country content and local supplier requirements where relevant.
• Ability to apply anti-bribery, conflict-of-interest, and sanctions screening in supplier selection and onboarding.
• Ability to work with technology teams on data protection and information-security requirements for suppliers.