Compliance/Procurement Officer

Company Name: Motomedia

Job Description:

The Procurement Officer will oversee the full procurement lifecycle, ensuring the organization secures high-quality goods and services at optimal value while maintaining compliance with company policies and industry standards. This role involves vendor negotiations, budget analysis, forecasting, and risk management to support efficient

Key Responsibilities

Procurement and Vendor Management

• Develop and implement strategies to source cost-effective, high-quality products and services.
• Negotiate contracts, maintain an approved vendor list, and ensure timely delivery of goods and services.
• Conduct regular supplier performance evaluations and maintain procurement records.

Budgeting and Expense Analysis

• Collaborate with departments to prepare and monitor procurement budgets.
• Vet bills, track and analyze expenses, identifying cost-saving opportunities and providing actionable insights.
• Ensure all procurement activities align with approved budgets.

Compliance and Risk Management

• Ensure adherence to organizational policies, legal standards, and regulatory requirements.
• Oversee compliance for campaigns, images, and materials to meet internal and external guidelines.
• Analyze market trends, identify risks, and implement mitigation strategies.

Email and Communication Oversight

• Ensure timely responses to departmental emails (within 30 minutes during business hours).
• Maintain clear, effective communication with stakeholders to support procurement operations.

Reporting and Documentation

• Prepare procurement and compliance reports for management review.
• Maintain an organized database of procurement records, including contracts, purchase orders, and delivery schedules.

Cross-Departmental Collaboration

• Work closely with teams to understand procurement needs and improve expense forecasting.
• Facilitate smooth communication and support between Finance, Operations, and other departments.

Cost Optimization and Efficiency

• Identify opportunities for cost reduction through strategic purchasing and supplier negotiations.
• Monitor trends and implement efficient procurement practices to maximize value.

Key Skills & Competencies

• Expertise in negotiation, contract management, and securing favorable terms while ensuring compliance.
• Proven ability to manage budgets, optimize costs, and analyze market trends effectively.
• Strong organizational and multitasking skills to handle multiple projects with attention to detail.
• Proficiency in procurement laws, compliance standards, Microsoft Office suite, and procurement software.
• Exceptional communication, stakeholder management, and time-management abilities.

Pay: ₦200,000.00 – ₦300,000.00 per month

Job Type: Full-time

Job Posted: 9th April 2025