Procurement Officer Job at Rainoil Limited

Rainoil Limited is a dynamic energy company recognised for safe and sustainable operations across the downstream sector of the oil and gas industry.

Specializing in the bulk storage, retail and distribution of petroleum products, our facilities include 3 ultra-modern bulk storage terminals in Lagos, Delta and Cross River State, over 190 retail stations and a fleet of over 400 distribution trucks. Established with a commitment to delivering high-quality fuel and energy solutions in Nigeria, Rainoil has grown to become a trusted name in the industry.

We are recruiting to fill the position below:

Job Position: Procurement Officer

Job Location: Lagos 
Employment Type: Full-time

Job Summary

• The Procurement Officer is responsible for sourcing and purchasing goods and services essential to the organization’s operations. This includes evaluating suppliers, negotiating contracts, and ensuring cost-effective procurement in line with quality and delivery standards.

Responsibilities

• Source and procure goods and services in line with company policies and budget.
• Evaluate and monitor supplier performance to ensure compliance with contractual obligations.
• Negotiate price, terms, and conditions of purchase agreements with vendors.
• Liaise with internal departments to understand procurement needs and specifications.
• Ensure compliance with legal and regulatory requirements in procurement activities.
• Assist in the development and implementation of procurement strategies.
• Prepare and process purchase orders and ensure timely delivery of goods and services.
• Maintain accurate records of purchases, pricing, and inventory.
• Monitor stock levels and place orders as needed.
• Conduct market research to identify pricing trends and new suppliers.

Requirements

• Minimum of second class upper bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Proven experience as a Procurement Officer or in a similar role.
• Strong negotiation and communication skills.
• Knowledge of procurement software and Microsoft Office Suite.
• Good analytical and strategic thinking abilities.
• Familiarity with sourcing and vendor management.