Procurement Internship

Date Posted: May 26, 2021, 6:21 a.m.

Job Description

Cytonn Investments is an alternative investment manager, with a captive real estate development capability. Cytonn has a unique strategy of coupling two compelling demand areas - the lack of high yielding investment products and the lack of institutional grade real estate. We distribute high yielding instruments to attract funding from investors, and we deploy that funding to investment grade, well planned and comprehensive real estate developments that are largely pre-sold.

Real estate investments are made through our development affiliate, Cytonn Real Estate, where we currently have over Kshs. 82 billion (USD 820 mn) of projects under mandate across ten projects. In private equity, we invest in banking, FinTech, and hospitality.

We are seeking a detail-oriented, thorough, and organized procurement intern to oversee purchases and develop new contracts. In this position, you will play a key role in procuring high-quality and cost-efficient supplies for our organization. You will follow procurement procedures, maintain an updated list of current and incoming inventory, and be responsible for approving purchases.

 

RESPONSIBILITIES

Estimate and establish cost parameters and budgets for purchases

Create and maintain good relationships with vendors/suppliers

Make professional decisions in a fast-paced environment

Maintain records of purchases, pricing, and other important data

Review and analyze all vendors/suppliers, supply, and price options

Develop plans for purchasing equipment, services, and supplies

Negotiate the best deal for pricing and supply contracts

Ensure that the products and supplies are high quality

Maintain and update a list of suppliers and their qualifications, delivery times, and potential future development

Work with team members and procurement manager to complete duties as needed

Acting as a liaison between the project team and Administration/Finance Unit or any other support support department

Contract Management

Any other duties as maybe assigned from time to time

 

REQUIREMENTS

An undergraduate with a minimum qualification of a B+ in Kenya Certificate of Secondary Education (KCSE) or equivalent

A graduate level student with a minimum of Second Class Upper Bachelor’s Degree from a reputable University (Business & Procurement related courses).

Solid knowledge and understanding of procurement processes, policy, and systems

Ability to analyze problems and strategize for better solutions

Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)

Ability to negotiate, establish, and administer contracts

Excellent verbal and written communication skills

Ability to multitask, prioritize, and manage time efficiently

Accurate and precise attention to detail

Ability to work well with management and staff at all levels

Goal-oriented, organized team player

 

How To Apply

Interested and qualified candidates should make their applications to Cytonn via their career portal on https://careers.cytonn.com/

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