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Villa Group

Procurement Executive

Villa Nautica, North Male’ Atoll, MV · On-site · Full-time · Finance & Accounting

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About the role

NegotiationProcurementSupply ChainContract Management
Villa Nautica celebrates the glitz and glamour of yacht-life and is always ‘en vogue’. Surrounded by sparkling lagoons and idyllic beaches, it is an island like no other: a hive of activity, a place to be seen. Complemented by exceptional scuba diving and other water sports, the resort embraces the seafarer lifestyle with a glamorous twist. The Procurement Executive is responsible for sourcing, negotiating, and purchasing goods and services required by the organization in a timely, efficient, and cost-effective manner. This role ensures that all procurement activities align with company policies, quality standards, and budgetary requirements while maintaining strong relationships with suppliers and internal departments. Key Responsibilities: - Coordinate and execute the end-to-end procurement process, including obtaining quotations, negotiating prices, preparing purchase orders, and ensuring timely delivery. - Identify reliable suppliers and maintain an updated supplier database. - Work closely with various departments to understand their purchasing needs and ensure timely supply of materials. - Ensure compliance with company procurement policies and procedures. - Review and analyze purchase requisitions for accuracy and completeness. - Monitor inventory levels and coordinate with the stores team to avoid shortages or overstocking. - Assist in preparing cost comparisons and procurement reports for management review. - Support in vendor audits and contract management as required. - Maintain accurate purchasing records and documentation for audit and reference. - Contribute to cost-saving initiatives and process improvements within the procurement function. - Diploma or Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. - Minimum 2–3 years of experience in a similar role, preferably in the hospitality or service industry. - Strong negotiation, analytical, and communication skills. - Proficient in MS Office and procurement software. - Detail-oriented with strong organizational and multitasking abilities. - Knowledge of local and international suppliers and market trends. - High level of integrity, professionalism, and teamwork. Key Competencies: - Negotiation & Cost Management - Vendor Relationship Management - Time Management & Prioritization - Problem Solving & Decision Making - Attention to Detail - Adaptability & Initiative