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Manager, Finance (Sourcing)

5 - 8 years
Posted: 2019-01-11

Industry
Insurance
Function
IT
Role
System Analyst/ Tech Architect
Posted On
11th Jan 2019
Job Ref code
528056700
Job Description
Job Description :

Reporting directly to the Headof Sourcing, this position is responsible for identification, development and implementation of country procurement strategies, category management activities and cost management initiatives across AIA Singapore entities.

Key Responsibilities
Sourcing Strategy Development & Implementation
  • Identify and provide strategic focus in the development of category and sourcing plan that sets short, medium and long term goals and objectives of the function.
  • Demonstrate ability to drive and deliver strategic business plans and initiatives across AIA Singapore to deliver target benefits and financial savings.
  • Aim to optimize expenses through centralized sourcing support across Business units.
  • Support and implement group wide sourcing strategies, working closely with Group Sourcing, whenever applicable to ensure synergy across AIA entities.
  • Active engagement with businesses to obtain agreement for the strategy from key stakeholders so that implementation and compliance are optimal.
  • Promote effective management of suppliers to sustain value throughout the lifecycle of the contract.
  • Reviewing service areas of improvement and potential supplier rationalization where it make sense

Sourcing Activities Execution
  • Responsible for sourcing execution including but not limited to internal requirement analysis, supply market analysis, sourcing strategy development, competitive bidding process, negotiation, recommendation and contract award.
  • Identifies opportunities for operational efficiencies and cost savings through analysis of spend, supply markets.
  • Define and manage key supplier relationships to deliver breakthrough performance in cost, service and quality, including technical input to negotiations on strategically significant contracts
  • Ensure all suppliers selection is based on a fair and transparent manner and is in compliance with local and group policies where applicable.

Sourcing System Implementation
  • Responsible for end-to-end management of Procurement system (preferably with knowledge in SAP Ariba system)


Key Requirements
  • Relevant experience of at least 5 years or more
  • A good technical appreciation of the range of procurement categories
  • Outstanding analytical capabilities
  • Excellent interpersonal skills
  • Strong influencing skills at senior levels to influence acceptance of a new way of working
  • Ability to negotiate at the highest levels with suppliers
  • Strong understanding in contract Terms and Conditions
  • Strong understanding of Procurement Processes
  • Excellent written and oral communication skills
  • Good project management skills
  • Ability to work cross functionally in a dynamic environment
  • High level of personal and professional integrity
  • Good IT skills to include wide experience of word documents, Excel spreadsheets (including pivot tables and charts) and PowerPoint
  • Knowledge in SAP Ariba system






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