Job Description – Capex Project and Procurement Engineer
Key Responsibilities:
Project Management & Coordination:
- Collaborate with engineering, operations, Production, Maintenance and R&D teams to understand technical requirements for Capex items.
- Oversee end-to-end procurement activities for Capex projects, from sourcing to delivery, ensuring timelines and budgets are adhered to.
- Contract Negotiations
- Lead contract negotiations, ensuring favourable terms and conditions for the organization.
- Draft, review, and finalize procurement contracts, ensuring compliance with legal and regulatory standards.
Capex Procurement Strategy:
- Develop and implement procurement strategies for Capex purchases aligned with the organization's operational and financial goals.
- Ensure cost-effective sourcing while maintaining high-quality standards and regulatory compliance.
Vendor Selection & Management:
- Identify, evaluate, and establish strong relationships with suppliers and contractors for Capex procurement.
- Conduct vendor audits, assess supplier capabilities, and ensure compliance with industry standards (GMP, cGMP, etc.).
- Negotiate long-term contracts and pricing agreements with suppliers.
- Cost Management:
- Develop cost-saving initiatives and continuously explore ways to optimize the procurement process for Capex projects.
- Analyze and benchmark the market to ensure competitive pricing for equipment and services.
Compliance & Risk Management:
- Ensure all Capex procurement activities comply with internal company policies and external regulatory requirements.
- Identify potential risks in the procurement process and develop risk mitigation strategies.
Reporting & Documentation:
- Prepare detailed reports on procurement activities, project progress, cost savings, and supplier performance.
- Maintain comprehensive documentation for audit purposes and regulatory compliance.
Cross-functional Collaboration:
- Work closely with finance, legal, engineering, and quality teams to ensure smooth procurement processes and compliance with financial and regulatory guidelines.
- Closely work with consultant and outsourced project experts
Team Management:
- Lead, mentor, and develop a small team of procurement professionals, fostering a collaborative, performance-oriented work culture.
Technical Knowledge:
- Knowledge of Basic plant utilities, Material handling, Mechanical/ electromechanical and instrumentation products.
- Experience in Contract Management, AMC, for Annual rate contracts and Frame agreements. Experience of handling project procurement and defining strategies for the same.
Others:
- Negotiation Skills: Proven experience in high-value contract negotiations and supplier relationship management.
- Analytical Ability: Strong financial acumen, budgeting, and cost-control experience.
- Project Management: Experience managing large Capex projects with multiple stakeholders.
- Communication: Excellent written and verbal communication skills for internal and external stakeholder management.
- Problem Solving: Strong decision-making and problem-solving capabilities, with the ability to manage risks effectively.
- ERP Proficiency: Experience working with ERP systems, preferably SAP .
- Detail oriented
- Excellent time/deadline management
- Maintain database for vendors, commodity prices.
- Detailed Knowledge of manufacturing process of project industry in in oil and gas sector will be of advantage.
- Cross culture awareness
- Daily/Monthly KPI reporting
Experience level: 4 to 6 Yrs.
Education: Diploma/bachelor’s degree in Mechanical/ Mechatronics/ Electrical/E&TC/Instrumentation/Chemical where existing working on any one role of Capex Project Engineer/ Capex procurement / Plant Maintenance Engineer / Brownfield Projects/ Utility Engineer/any other graduation.
