• ALEXBANK Jobs | Head of Cost Management Unit

    ALEXBANK Jobs | Head of Cost Management Unit

    Location: Egypt

    Job Description

    ALEXBANK is currently recruiting for the role of Head of Cost Management Unit

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • 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

    Job Requirements

    • Minimum 8 years of experience

    • Financial modeling Knowledge

    • Budgeting background

    • Vendors evaluation background

    • Financial analytics knowledge

    Job Details

    Company: ALEXBANK

    Employment Type: Full-time

    Job Location: Cairo, Egypt