Economic Researcher Jobs in Bahrain

<h2 class="h5">Job description</h2> <div class="t-break" data-jb-field="description"> <p>The Procurement Specialist position in the market research field presents an exciting opportunity to impact procurement strategies and develop relationships with suppliers. You will have a crucial role in ensuring the availability of necessary materials and services to support business operations. Working in a dynamic environment, you will gain opportunities to expand your skills and enhance your experience in procurement, facilitating your career advancement.</p><p>You will be part of a diverse and multifaceted team striving for excellence and efficiency. You will work on improving procurement operations and developing effective strategies, which will enhance the company's ability to compete in the market. Additionally, you will gain opportunities for professional training and development, helping you stay updated with the latest trends in procurement and market research.</p><p>We seek an individual who is passionate and committed, as you will play a key role in achieving the company's objectives. By building strong relationships with suppliers and utilizing market data to improve purchasing decisions, you will contribute to the long-term success of the company. If you are looking for a work environment that encourages collaboration and growth, this position is the ideal choice for you.</p><p><b>Responsibilities:</b></p><ol><li>Develop and implement procurement strategies aligned with the company's objectives, contributing to efficiency and cost reduction.</li><li>Conduct comprehensive market research to identify potential suppliers, enhancing purchasing options and ensuring product quality.</li><li>Negotiate with suppliers to obtain the best prices and terms, improving the company's overall profitability.</li><li>Manage supplier relationships to ensure timely delivery of high-quality products and services.</li><li>Analyze procurement data to identify trends and opportunities, aiding in informed decision-making to enhance operations.</li><li>Prepare regular reports on procurement activities, providing valuable insights for management and assisting in strategic planning.</li><li>Collaborate with internal teams to ensure their procurement needs are met, enhancing overall operational efficiency.</li><li>Evaluate supplier performance regularly, ensuring high service and quality standards are maintained.</li><li>Stay updated on market trends and best practices in procurement, contributing to ongoing professional development.</li></ol> </div><h2 class="h5">Skills</h2> <div data-jb-field="skills"><ul><li>Effective negotiation skills to achieve optimal deals with suppliers.</li><li>Ability to analyze data for informed decision-making in procurement.</li><li>Strong understanding of procurement markets and economic trends.</li><li>Good communication skills to build strong relationships with suppliers and internal teams.</li><li>Ability to manage time effectively to meet deadlines.</li><li>Problem-solving skills to address daily challenges in procurement operations.</li><li>Familiarity with modern procurement tools and techniques to enhance efficiency.</li></ul></div>

<p>Job Purpose</p><p>The Chief Executive Officer is responsible for the overall leadership, management, performance,</p><p>growth and sustainability of the Company.</p><p>The CEO shall develop and recommend the Company's strategy for Board approval and shall</p><p>have full responsibility for implementing the approved strategy, annual business plan and</p><p>budget.</p><p>The CEO is accountable to the Board of Directors for the overall financial, operational and</p><p>organizational performance of the Company and shall manage the business within the approved</p><p>Delegation of Authority, policies and governance framework.</p><ol><li><p>Key Responsibilities</p></li></ol><p>A. Strategy & Direction</p><ul><li><p>Develop the Company's short-, medium- and long-term strategy for Board approval.</p></li><li><p>Translate the approved strategy into annual business plans, budgets and measurable</p></li></ul><p>objectives.</p><ul><li><p>Identify growth opportunities, new markets, investments and business-development</p></li></ul><p>initiatives.</p><ul><li><p>Monitor market, competitive and economic developments affecting the business.</p></li><li><p>Recommend strategic changes to the Board when required.</p></li><li><p>Ensure all business units are aligned with the overall Group strategy.</p></li></ul><p>B. Financial Performance</p><ul><li><p>Deliver the approved revenue, profitability, cash-flow and return targets.</p></li><li><p>Prepare the annual budget and financial forecasts for Board approval.</p></li><li><p>Monitor actual performance against budget and take timely corrective action.</p></li><li><p>Ensure strong financial discipline, cost control and working-capital management.</p></li><li><p>Ensure major capital expenditures and investments are commercially justified.</p></li><li><p>Protect the financial strength and assets of the Company.</p></li></ul><p>C. Business & Operational Management</p><ul><li><p>Have overall responsibility for the day-to-day management of the Company.</p></li><li><p>Ensure each business unit achieves its agreed financial and operational targets.</p></li><li><p>Establish clear accountability and KPIs for Business Unit Heads and senior management.</p></li><li><p>Improve operational efficiency, productivity, quality and customer service.</p></li><li><p>Ensure proper coordination between businesses and support functions.</p></li><li><p>Resolve major operational issues affecting Company performance.</p></li></ul><p>D. Leadership & People</p><ul><li><p>Build and lead a competent, professional and accountable management team.</p></li><li><p>Set clear objectives and performance expectations for senior executives.</p></li><li><p>Conduct regular management performance reviews.</p></li><li><p>Recruit, develop and retain high-quality management talent.</p></li><li><p>Establish succession plans for critical management positions.</p></li><li><p>Promote a culture of accountability, integrity, teamwork and high performance.</p></li></ul><p>E. Business Development & Growth</p><ul><li><p>Identify and evaluate new business opportunities.</p></li><li><p>Assess potential expansion into new markets, products and services.</p></li><li><p>Evaluate strategic partnerships, joint ventures and acquisitions.</p></li><li><p>Maintain strong relationships with key customers, partners and other stakeholders.</p></li><li><p>Present major investment and expansion proposals to the Board for approval where</p></li></ul><p>required.</p><ul><li><p>Ensure approved strategic projects are successfully implemented.</p></li></ul><p>F. Governance & Board Relationship</p><ul><li><p>Act as the principal executive link between the Board and management.</p></li><li><p>Provide the Board with accurate, timely and transparent information.</p></li><li><p>Present financial results, business performance, strategic developments and significant</p></li></ul><p>risks.</p><ul><li><p>Implement Board-approved decisions and resolutions.</p></li><li><p>Operate within the approved Delegation of Authority.</p></li><li><p>Refer matters exceeding the CEO's authority to the appropriate Board authority.</p></li><li><p>Promptly escalate material financial, operational, legal, compliance or reputational</p></li></ul><p>issues.</p><ol><li><p>Relationship with Board Committees</p></li></ol><p>The CEO shall cooperate with the Board Committees and provide the information and</p><p>management support necessary for them to carry out their oversight responsibilities.</p><p>Audit, Risk & Compliance Committee (ARCC)</p><p>The CEO shall:</p><ul><li><p>Ensure effective risk-management, compliance and internal-control systems.</p></li><li><p>Ensure internal and external audit matters are properly addressed.</p></li><li><p>Ensure management responds appropriately to audit findings.</p></li><li><p>Escalate material risks and compliance matters.</p></li></ul><p>Nomination, Remuneration & Governance Committee (NRGC)</p><p>The CEO shall:</p><ul><li><p>Support senior-management succession planning.</p></li><li><p>Provide recommendations regarding senior-management structure and talent</p></li></ul><p>requirements.</p><ul><li><p>Implement approved executive performance and remuneration policies.</p></li><li><p>Promote strong corporate-governance practices throughout the organization.</p></li></ul><p>Business Support & Development Committee (BSDC)</p><p>The CEO shall:</p><ul><li><p>Present business performance, strategic initiatives and development opportunities.</p></li><li><p>Present major investments, projects and expansion proposals.</p></li><li><p>Obtain guidance or approval where matters fall within the Committee's delegated</p></li></ul><p>authority.</p><ul><li><p>Implement approved recommendations and decisions.</p></li></ul><p>Board Committees provide oversight, challenge, advice and recommendations. They do</p><p>not manage the Company's day-to-day operations.</p><ol><li><p>Family Business Responsibilities</p></li></ol><p>The CEO shall:</p><ul><li><p>Protect the long-term interests, reputation and values of the family-owned business.</p></li><li><p>Maintain professional management standards throughout the Company.</p></li><li><p>Balance long-term shareholder objectives with commercial and operational</p></li></ul><p>requirements.</p><ul><li><p>Treat family and non-family executives fairly and professionally.</p></li><li><p>Maintain strict confidentiality concerning Company, shareholder and family matters.</p></li><li><p>Identify and manage potential conflicts of interest appropriately.</p></li><li><p>Support long-term continuity and succession planning.</p></li><li><p>Maintain appropriate boundaries between ownership, governance and executive</p></li></ul><p>management.</p><ul><li><p>Ensure individual shareholders, directors or family members do not bypass the</p></li></ul><p>approved management reporting structure.</p><p><strong>Desired Candidate Profile</strong></p><ul><li><p>Bachelor's degree in Business Administration, Finance, Economics, Engineering or a</p></li></ul><p>relevant discipline.</p><ul><li><p>MBA or equivalent postgraduate qualification preferred.</p></li><li><p>Minimum 15 years of progressive senior-management experience.</p></li><li><p>Significant experience as CEO, Managing Director, General Manager or equivalent senior</p></li></ul><p>executive.</p><ul><li><p>Proven experience managing multiple businesses or diversified operations.</p></li><li><p>Strong financial, commercial and operational background.</p></li><li><p>Demonstrated ability to develop and execute business strategy.</p></li><li><p>Experience working with Boards of Directors and Board Committees.</p></li><li><p>Experience in a family-owned business environment is highly desirable.</p></li></ul>