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Procurement Officer at the OPEC Fund for International Development

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Our 12 Member Countries are Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela

Our mission is to enhance people’s lives by offering grants and financing to the public, commercial, and trade sectors to promote global social and economic development that is sustainable.

Applications are invited from interested and qualified candidates to apply for the role of Procurement Officer at the OPEC Fund for International Development

Job Specifications:

  • Full Time
  • Required Qualification: BA, BSC, or HND
  • Location: Austria
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Explanation Of The Role:

Candidates must have the following Description before applying for the role of Procurement Officer at the OPEC Fund for International Development

  • Undertakes the operations of full cycle of procurement process from planning through solicitation of competitive bidding process and/or market research through Request for Proposals or Request for Quotations or any other approved means for assessing the viability of goods/service providers. 
  • Prepares draft procurement evaluation reports, relying on the outcome of the technical and financial evaluations conducted by the respective procurement evaluation committees. 
  • Benchmarks procurement policies and practices of AAA/AA+ multinational development banks to introduce best practices and policy reviews. 
  • Introduce proactive methods through planning of the various requirements to support the Fund in all matters related to IT as well as consultancies
  • Responsible for maintaining an up to date roster of consultants and replenishing the roster through periodic calls for Expression of Interest (EoI). 
  • Assists in generating procurement information and reports, support on various action items, draft various work schedules, and deliverables with the team.
  • Monitors procurement progress regularly so as to report status budget utilization to procurement management.
  • Assists in processing requisitions to ensure timely order submission and negotiating costs, delivery schedules and contract terms.
  • Facilitates the preparation of yearly procurement planning.
  • Assists in coordinating the conduct of market surveys
  • Assists in the preparation of analytical reports with regards to procurement evaluation committees’ budget compliance and due diligence.

Contract requirements:

  • Assists team in ensuring proper due diligence procurement related activities as needed.
  • Works with the Requisitioning Department/Unit in establishing the cost price analysis to formulate negotiation plans.
  • Identifies contract requirements and writes specifications for a small portfolio or area of the business for existing contracts and/or new contracts.

Information and business advice:

  • Supports in developing innovative approaches to review procurement process effectiveness and explores logistics solutions for customers and suppliers.
  • Provides recommendations on all procurement related issues, plans, reports, and metrics.
  • Work on Identifying and drafting standard operating processes that address OPEC Fund’s procurement operation and daily workflow and requirements

Data collection & analysis Reporting:

  • Creates and analyses documented comparative costs submitted by suppliers.


  • Collects and analyzes the key cost drivers and alternative suppliers, in consultation with relevant functions to provide solid market information for decision making on vendor sourcing.


  • Mentors less experienced staff, i.e. Procurement Assistants.
  • Carries out other tasks assigned by the Head, Corporate Procurement that are related to the job function.

Qualifications and Experience:

Qualified candidates must have the following Qualifications before applying for the role of Procurement Officer at the OPEC Fund for International Development

  • Master’s degree in procurement, business administration, economics, or a related field. 
  • A minimum of seven years of relevant professional experience in procurement administration and similar activities. 
  • Preferably, at least four years of relevant experience in an international organization or multi-development bank. 
  • Fluent in English. Good working knowledge of Arabic, German, French, or Spanish is an added advantage.


  • Subject matter knowledge is the in-depth understanding and expertise in specific fields relevant to the OPEC Fund’s operations and the individual’s role.
  • Ability to Work Under Pressure: The capacity to remain composed, focused, and productive when facing tight deadlines, high-stakes situations, and demanding workloads.
  • Collaboration and teamwork: effectively working with colleagues, stakeholders, and partners to achieve shared goals.
  • Cross-Cultural Sensitivity: The ability to take into account the variety of the human experience and how it contributes to the workplace and to demonstrate respect for diverse cultures and viewpoints. 
  • Sense of Responsibility: The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.

Technical Competencies/Skills:

  • Proficiency in MS Office suite, including Word, Excel, and PowerPoint
  • Experience of working with Enterprise Resource Planning (ERP), preferably SAP, is desirable
  • Experience working with e-tendering systems such as SAP, Ariba, or similar is desirable
  • Experience in conducting international tender exercises to award contracts for the procurement of complex goods and services is desirable.

Application method:

Qualified and Interested candidates should Apply by Clicking the Button below.


Deadline: 14th July, 2024

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