About This Role
This role is for a Senior Manager in IT Procurement, supporting the Head of IT Procurement in driving strategic initiatives and category management. The position involves managing the end-to-end procurement cycle for IT spend, from sourcing and vendor selection to contract negotiation and ongoing vendor relationship management.
Responsibilities
- Assist the Head of IT Procurement to drive and implement strategic procurement initiatives and category management that delivers optimum value for the Group IT procurement spend
- Facilitate the company approval processes for IT procurement projects and ensure all procurement activities are adhered to company procurement policy
- Run the sourcing project review meetings with management stakeholders to drive vendor decisions and best procurement results
- Develop sourcing strategies with respective IT/Business stakeholders to select the desired vendors at optimum price whilst delivering excellent performance for the company
- Manage end-to-end RFX process with respective IT/Business stakeholders for assigned IT sourcing projects
- Collaborate with IT project managers and internal stakeholders to go through internal approval process, ensure all required documentations are properly in place and steps are followed
- Lead contract negotiations with vendors until mutual agreement is reached. Ensure all business, technical, commercial and legal requirements are captured in the final contract
- Develop relationship with key IT/Business stakeholders to understand business needs/challenges and how the engagement of external vendor will help to support business requirements and/or resolve issues
- Regular reporting of all types procurement analytics and vendor spends analysis to senior management
- Identify cost savings and process optimization opportunities throughout the procurement cycle to continuously drive efficiency for the company
- Develop and maintain vendor (including potential vendor) relationships to ensure the company has a broad access to supply chain market in order to support the growth of the company
- Manage vendor onboarding due diligence process and vendor ongoing reassessments
- Collaborate with Finance Department and HQ IT to continuously enhance internal procurement processes and procedures and to ensure alignment to HQ policies
- Continuous user training and communication of procurement policy and processes to Group IT users worldwide to ensure policy compliance and to facilitate approval process
Requirements
- University degree in Procurement or IT or Computer Science, preferably qualifier in CIPS
- 10+ years of working experience in technology procurement and vendor management in FSI, insurance or related sectors
- Proven hands-on experience in running end-to-end large scale RFP projects and associated internal/external stakeholders management
