Specialist – Procurement & Asset Management at Bank of Africa ( BOA ), Dar es Salaam – February 2026

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Job Vacancy: Specialist – Procurement & Asset Management

Company: Bank of Africa (BMCE Group)

Department: Operation & Support

Report Line: Senior Administration Manager

Level: Manager

Deadline for Application: 27th February 2026

Application Email: hr@boatanzania.co.tz

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Summary of Responsibilities

To lead and manage the Bank’s procurement and asset management functions by ensuring transparent, cost-effective, and compliant sourcing of goods and services, and effective lifecycle management of the Bank’s assets in line with internal policies, BOA Group standards, and applicable regulatory and governance requirements.

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Scope of Duties

Procurement Management & Governance

• Plan, manage, and oversee all procurement activities for goods, services, and works in accordance with the Bank’s procurement policies, delegated authority framework, and BOA Group standards.

• Lead sourcing activities including preparation of Requests for Quotations (RFQs), Requests for Proposals (RFPs), tender documents, bid evaluations, and contract awards.

• Ensure procurement processes are competitive, transparent, and value-for-money driven, with proper documentation and audit trails.

• Review and approve purchase requisitions, purchase orders, and contracts within delegated authority limits, and escalate items beyond authority as required.

• Ensure compliance with applicable laws, internal controls, and ethical procurement standards, including conflict-of-interest management.

Vendor & Contract Management

• Establish and maintain an approved vendor register, including vendor due diligence, onboarding, performance evaluation, and periodic reviews.

• Negotiate commercial terms, pricing, and service level agreements (SLAs) with suppliers to optimize cost and service quality.

• Monitor supplier performance and manage contract compliance, renewals, variations, and dispute resolution.

• Coordinate with Legal and user departments on contract drafting, review, and execution.

Asset Management & Control

• Lead the Bank’s asset management framework, ensuring proper acquisition, tagging, recording, transfer, and disposal of assets.

• Ensure periodic physical verification of assets, reconciliation against records, and investigation of variances.

• Oversee asset disposal processes, ensuring appropriate approvals, valuation, and documentation.

• Ensure assets are adequately insured and insurance records are properly maintained.

Financial Control & Reporting

• Prepare and review procurement and asset management reports for management, including spend analysis, vendor performance, asset utilization, and lifecycle costs.

• Support budgeting and forecasting for procurement and capital expenditure (CAPEX).

• Support internal and external audits by providing required procurement and asset documentation and responding to audit findings.

Risk Management & Compliance

• Identify and mitigate procurement- and asset-related risks, including fraud, supplier dependency, cost overruns, and asset misuse.

• Ensure compliance with BOA Group policies, internal control frameworks, and regulatory expectations relevant to procurement and asset management.

• Implement and monitor key controls, KRIs, and process improvements to strengthen governance and efficiency.

Stakeholder Management & Advisory Role

• Act as a strategic partner to business units and branches by providing procurement advisory support and guidance.

• Train and sensitize staff on procurement procedures, asset handling, and policy compliance.

• Coordinate procurement and asset management activities across Head Office and the branch network to ensure consistency and standardization.

Leadership & Continuous Improvement

• Lead and supervise procurement and asset management staff, setting performance objectives and providing coaching and development.

• Drive continuous improvement initiatives, including process automation, cost-saving strategies, and supplier rationalization.

• Stay abreast of market trends, best practices, and innovations in procurement and asset management.

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Requirements

Educational Requirements

• Bachelor’s degree/master’s degree in Procurement and Supply Chain Management, Business Administration, Finance, Logistics or Economics.

• MCIPS (Member of the Chartered Institute of Procurement & Supply) or Equivalent procurement/supply chain certifications recognized locally/internationally.

• Certification in asset management, project management (e.g., PMP), or supply chain.

Experience Requirements

• 5+ years of work experience in procurement and contract/asset management.

• Experience specifically in a banking or financial services environment and strong procurement or supply chain experience.

• Experience with vendor/supplier management, tendering and contracts, and strategic sourcing.

Technical Skills

• Asset management knowledge — managing lifecycle of assets, maintenance planning, tagging/equipment register, and disposal.

• Strong understanding of procurement policies, compliance, and internal controls applicable in banking.

Soft Skills & Competencies

• Excellent communication skills — written and oral, including negotiation with suppliers and internal stakeholders.

• Analytical and problem-solving skills.

• Attention to detail and integrity — adherence to ethical procurement practices.

• Ability to work cross-functionally with finance, operations, legal, and business units.

• Ability to operate in a multicultural team and adapt to a dynamic organizational culture.

Other Desired Experiences

• Demonstrated ability in budgeting and cost control for procurement and assets.

• Experience in developing procurement plans, policies, and vendor performance evaluation systems.

• Familiarity with strategic supplier relationship management and risk mitigation in procurement.

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How to Apply:

All applications should be sent to hr@boatanzania.co.tz by 27th February 2026.