Procurement Director

Span of Control:

As effectively head of procurement functioning under AXA standards and policies:

Has full responsibility over operational procurement or purchasing functions, composed of 5 regular members, for both Life and GI businesses.As importantly, has full direction and responsibility over strategic aspects of procurement, composed of 2-3 regular members, in particular Supplier Relationship Management, Commodity Guide, governance framework, efficiency and spend analyses, and continuous improvement.Be acknowledged as the expert on market knowhow in the supply chain.Over Php2 billion in negotiable spend per annum.

Key Responsibilities:

 Establish relationships with the best suppliers and negotiate long-term-value contracts that set out prices, quality standards, cost-reduction targets, delivery timescales, commercial terms and conditions, and the like as may be warranted from time to time. Lead procurement workgroups (cross-functional teams) across the organization to ensure alignment in procurement activities, establish best sources of supplies and services, conduct performance evaluation of suppliers, manage supplier relationships. Lead regular business reviews with the company’s key suppliers, and recommend and escalate to stake-holders performance issues as appropriate, working with key stakeholders in for example but not limited to Operations, Facilities, Distribution, Marketing. Develop strategies and processes to increase procurement coverage and efficiency through:

o   digital solutions

o   commodity guide development and upkeep

o   supplier contract management

o   outsourcing solutions

o   implementation of governance.

Develop, implement and continuously upgrade policies and procedures governing procurement and purchasing requirements of the Company. Implement best practices and continuous improvement in procurement processes.Acquire the knowledge on the market and expertise in negotiation and management, as warranted for the top procurement role in the company. Further improve the skills and competencies of the procurement team through various on-the-job trainings and knowledge management capabilities.

Qualifications:

Around 10 years of senior supply management experience in a financial services organizationA Bachelor's degree in supply chain management, economics, finance, operations, engineering or a related area, preferably with a Master's degreeProven track record of delivering large savings and/or other value across spend via a strong team of procurement and purchasing professionals Strong leadership, negotiation, problem-solving, change management, and communication skillsTeam player and can collaborate with stakeholders of various levels and business units within and outside the organizationWorking knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.Industry knowledge in terms of broad industry dynamics on the buy- and sell-sideIn-depth knowledge of sourcing and procurement principles and best practicesAnalytical mindset and creativity to seek, encourage and find non-traditional approaches to further enhance and embed procurement policies and processes.