Procurement Officer - (Strictly internal hire only)

MOGO Auto Limited is part of Eleving Group, an international fintech company operating in sixteen countries across three continents. We are a world-class, reliable, and internationally trusted partner, expanding access to finance in Kenya to promote upward social mobility. Our portfolio encompasses a range of financial products, including car financing, motorcycle financing, tuk-tuk financing, electric motorcycle financing, logbook loans, and vehicle financing.

Since entering the Kenyan market in 2019, we have financed over 100,000 vehicles and served over 50,000 satisfied customers. In June 2024, our new motorcycle financing issuances surpassed the 230 million Kenya shilling mark. 

Our growth is attributed to a focused market growth strategy, a strong emphasis on data and technology, and robust risk management structures. We process loan requests within 24 hours and offer flexible repayment terms of up to 60 months.

Our mission is to provide convenient and affordable financing solutions to our customers, backed by a lowest price guarantee. 

MOGO is one of the few financial companies globally that finances cars of any age, brand, or model. We empower our customers to choose vehicles from trusted dealerships through our user-friendly online car portal. 

Mogo Auto Limited recently signed a commitment letter with Development Finance Corporation (DFC), for a $10 million loan to finance electric vehicles in Kenya. 

Our goal is to facilitate upward social mobility across Kenyan communities by providing innovative and sustainable financial solutions. We strive to build mutually beneficial partnerships with our customers, helping them find the best deals and guiding them through the purchasing process. 

Join us - you'll love working in a collaborative and non-bureaucratic environment that is fun yet stable and sustainable.

Job Summary:

The Procurement Officer is responsible for managing procurement activities in accordance with established company procedures, ensuring timely, cost-effective, transparent, and compliant purchasing of goods and services while supporting business operations and maintaining strong supplier relationships.

Key Responsibilities:

1.     Procurement Management

• Follow established centralized procurement procedures.
• Raise procurement requests and create Purchase Orders (POs) where required.
• Assist with invoice submission and related procurement documentation.

2.     Supplier Management

• Maintain and update the Supplier Master Vendor List.
• Identify, evaluate, and maintain relationships with approved suppliers.
• Monitor supplier performance, pricing, quality, delivery, and service levels.

3.     Supplier Negotiation & Market Research

• Negotiate with suppliers to obtain the best available rates and terms.
• Conduct regular market research and benchmarking to ensure competitive pricing.
• Maintain relevant pricing information in internal procurement systems.

4.     Asset Procurement

• Support the procurement of assets, including sourcing, tagging, scanning, and reconciliation of company-wide assets.

5.     Process Improvement

• Identify and recommend continuous improvements to procurement processes and procedures.
• Report system/process issues and work closely with relevant business teams to resolve them.

6.     Training & Compliance

• Provide guidance and training to employees on procurement processes and procedures.
• Communicate changes to procurement policies and ensure employees are aware of and comply with updated requirements.

7.     Cost Management

• Analyze procurement data to identify cost-saving opportunities.
• Support cost-reduction initiatives without compromising product/service quality or business requirements.

8.     Demand & Purchasing Planning

• Collaborate with Area Sales Managers and other stakeholders to forecast purchasing requirements.
• Ensure purchasing activities are aligned with approved standards, budgets, and business needs.

9.     Procurement Operations

• Manage the procurement lifecycle from requisition through order placement and delivery.
• Monitor delivery, warranty, and other applicable timelines.
• Ensure procurement activities are properly documented and tracked.

10. General Support

• Provide ad-hoc procurement and operational support as required.
• Perform other duties assigned by the Procurement Manager, Country Manager, Head of Operations, or BA & Finance Manager.

Qualifications, Skills and Experience:

• Bachelor’s degree in Procurement, Supply Chain Management, Business Administration, Finance, or a related field.
• Relevant 3years experience in procurement, purchasing, or supply chain operations.
• Good knowledge of procurement processes, supplier management, and purchasing practices.
• Strong negotiation and analytical skills.
• Good understanding of cost control and market pricing.
• Proficiency in Microsoft Office, particularly Excel.
• Experience using ERP/procurement systems is an advantage.
• Strong organizational and time-management skills.
• Excellent communication and interpersonal skills.
• High level of integrity, attention to detail, and confidentiality.
• Ability to work independently as well as collaboratively with cross-functional teams.

Key Competencies:

Procurement & Supplier Management | Negotiation | Cost Optimization | Data Analysis | Process Improvement | Planning & Organization | Communication | Problem Solving | Compliance & Integrity

Key Performance Indicators (KPIs):

• Procurement turnaround time
• Cost savings and cost avoidance
• Supplier performance and delivery compliance
• Procurement policy/procedure compliance
• Purchase Order accuracy and timely processing
• Vendor master data accuracy
• Stakeholder satisfaction
• Procurement process improvement initiatives

Feel Good

• A friendly and dynamic work environment
• An excellent well-being program:
• Health insurance (after probation period)
• Pension scheme (after probation period)
• Active social life and events

Win

• Fast results without the friction of bureaucracy
• Great victories due to the transparency of the company and its goals
• Bonuses and awards for the great work
• Participate in victory celebrations with your co-workers

Grow

• Together with an intelligent team
• Yourself and the company with the established feedback culture
• Your knowledge with training possibilities