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  • Posted: Feb 5, 2025
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    Manager: Strategic Sourcing - FSD

    Detailed description

    The successful candidate will be responsible for the following key performance areas:

    • Develop and manage the implementation of the strategic sourcing strategy of the SARB.
    • Ensure governance and compliance with the procurement policies and guidelines of the SARB.
    • Develop sectional operational plans aligned to the Financial Services Department and the SARB, and clarify performance expectations for own team. 
    • Drive the implementation of the sourcing and category management strategies. 
    • Provide strategic guidance to category leads on selected sourcing mechanisms. 
    • Calculate and analyse the costs of procurement, and suggest methods to synergise supply opportunities to decrease expenditure and add value to the SARB. 
    • Research and identify reliable and trustworthy suppliers, and strategise and negotiate with them in order to acquire the most cost-effective deals and to reduce procurement expenses. 
    • Manage the stakeholders within the supply chain to derive maximum economic benefit and continuity of supply to the SARB. 
    • Manage and oversee the identification of opportunities for strategic sourcing within the SARB Group, including the identification of strategic partners, and employ negotiation strategies to secure profitable deals. 
    • Analyse and integrate sectional management information for reporting to top management and other relevant stakeholders. 
    • Collaborate and liaise with the operations and governance sections to optimise the procurement and governance process in order to attain maximum efficiency.

    Job requirements

    To be considered for this position, candidates must be in possession of:

    • the minimum of an Honours degree (NQF 8) in Commerce or Supply Chain Management, or an equivalent qualification; and
    • the minimum of 8–10 years of experience in a strategic sourcing environment, of which at least 2–3 years should have been in a management capacity. 

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