Procurement Sourcing Specialist

Manulife; Philippines; Hybrid; PHP 700,000 - 1,100,000; Full time

Benefits offered by this job

Flexible work arrangements

Opportunities for professional growth

Diverse and inclusive work environment

Job summary

A leading financial services provider is seeking a Procurement professional to manage sourcing initiatives in Quezon City. Ideal candidates will have at least 5 years of procurement experience, strong negotiation skills, and expertise with systems like Ivalua. This hybrid role emphasizes collaboration and compliance within procurement policies. Join our diverse team to contribute to impactful sourcing strategies and help drive cost-saving initiatives while enjoying a flexible work environment.

Qualifications

• At least 5 years of relevant experience in Procurement.
• Proficiency in procurement systems such as Ivalua.
• Must be willing to report on a hybrid work arrangement in Quezon City.
• Willing to report to hybrid work arrangement in Quezon City.

Responsibilities

• Manage sourcing initiatives for low spend deals.
• Establish relationships with business unit owners and vendors.
• Conduct negotiations to secure cost-saving deals.
• Ensure compliance with procurement policies.
• Coordinate with subject matter experts for compliance.
• Support business units’ understanding of policies and systems; reduce cycle times.

Skills

Procurement experience

Negotiation skills

Communication skills

Analytical skills

Education

Bachelor’s degree in Business Administration, Supply Chain Management, or a related field

Tools

Ivalua

Job description

In this role, you are expected to drive and support global sourcing and contracting events in the low impact stream of Manulife’s indirect spend categories including but not limited to, Marketing, Real Estate, IT, (either or all of Hardware, Software, SaaS, Telecom) HR, Office Supplies, Business Print, and Professional Services.

Key Responsibilities

• Manage sourcing initiatives assigned for low spend deals, ensuring timelines are met while maintaining the integrity and quality of the Intake to Contracting (I2C) process.
• Establish and maintain collaborative relationships with business unit owners, procurement onshore partners and vendors.
• Conduct negotiations to secure deals that drive savings and meet business requirements.
• Ensure compliance with internal procurement policies and standards and manage the work intake tools (Ivalua).
• Maintain engagement with Category Managers/Tower Leads to share best practices and align with category strategies.
• Review and negotiate vendor contracts with vendors, stakeholders, and subject matter experts.
• Coordinate with functional subject matter experts such as Risk, Legal, Finance, and Tax to ensure compliance with company standards.
• Support business units' understanding of procurement processes, policies, and systems.
• Drive efficiencies and reduce the cycle time of assigned deals to improve internal stakeholder satisfaction and user experience.

Required Qualifications

• At least 5 years of relevant experience in Procurement
• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Proficiency in procurement systems such as Ivalua.
• Must be willing to report on a hybrid work arrangement in Quezon City

Preferred Qualifications

• Proven experience in procurement, strategic sourcing, and supplier management.
• Strong negotiation skills and the ability to drive cost-saving initiatives.
• Excellent communication and interpersonal skills to effectively collaborate with internal stakeholders and external suppliers.
• Analytical skills to perform detailed cost analysis and market research.
• Proficiency in procurement systems such as Ivalua.
• Ability to manage multiple projects and prioritize tasks effectively
• Attentive to details, and can work efficiently under minimal supervision

When you join our team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Working Arrangement

Hybrid