Treasury & Procurement Head
3 hours ago
The Finance & Procurement Head (senior position) is responsible for managing strategic budgeting, sourcing management and financial planning to ensure cost efficiency and sustainability for the organization.
Duties and Responsibilities:
Procurement Leadership
- Develop and execute sourcing strategies aligned with business goals and sustainability targets.
- Oversee supplier selection, evaluation, and performance management using data-driven insights.
- Ensure cost-effective purchasing while maintaining quality, compliance, and ESG standards.
Treasury Oversight
- Manage cash flow, banking relationships, and short-term investments to ensure liquidity and financial agility.
- Monitor financial risks and implement hedging strategies where appropriate.
- Support capital allocation decisions that enable innovation and long-term growth.
Budgeting & Forecasting
- Collaborate with finance to align procurement plans with budget forecasts and strategic priorities.
- Tracks spend against budget and identify cost-saving opportunities through predictive analytics.
Compliance & Risk Management
- Ensure adherence to procurement policies, financial regulations, and ethical sourcing practices.
- Mitigate risks related to supply chain disruptions, currency fluctuations, and geopolitical shifts.
Team & Stakeholder Management
- Lead procurement and treasury teams with clear KPIs, coaching, and succession planning.
- Engage internal stakeholders to align sourcing and treasury strategies with enterprise goals.
Technology & Process Optimization
- Implement digital tools (e.g., AI-driven procurement, blockchain for supply chain transparency) to streamline operations.
- Drive continuous improvement in sourcing and cash management processes through automation and innovation.
Future-Centric Role
- Champion digital transformation and sustainability across procurement and treasury functions.
- Anticipate emerging trends—such as decentralized finance, circular supply chains, and integrate them into strategic planning.
- Foster innovation by collaborating with startups, financial technology and global partners to future-proof financial and sourcing models.
Essential Skills:
- Strategic & Financial - Cash flow forecasting, liquidity planning, investment strategy, budgeting
- Procurement Expertise - Strategic sourcing, vendor negotiation, contract management, spend analysis
- Leadership & Collaboration - Team leadership, stakeholder engagement, decision-making, change management
- Technology & Data - ERP systems (SAP), procurement platforms, financial modeling, analytics
- Governance & Ethics - Regulatory compliance, audit readiness, ethical sourcing, internal controls
- Future-Ready Capabilities - Sustainability integration, innovation adoption, adaptability, global awareness
Qualifications:
- Bachelor's degree in any business-related field or Finance with master's in business administration.
- At least 10 years' experience preferably in FMCG industry
- Excellent verbal and written communication skills
- Highly collaborative and with great teamwork mindset
- Accustomed to the dynamics of a family-owned business environment
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