Strategic Procurement & Contracts Specialist

Sun Life Financial; Philippines; On-site; PHP 700,000 - 1,200,000; Full time

Job summary

Sun Life Philippines is seeking a procurement expert to manage end-to-end sourcing of goods and services, negotiate contracts, and drive cost efficiencies. The role collaborates with internal partners and external vendors to ensure timely delivery and compliance, while leveraging market insights to optimize spend.

The ideal candidate has at least five years in procurement, strong negotiation and SRM skills, and a background in construction and facilities procurement is a plus.

Qualifications

• University degree in business, engineering or supply chain.
• At least five years' experience in procurement.
• Professional certification is a plus.
• Preferably experience in construction and facilities procurement.

Responsibilities

• Conducts spend analysis on the category assigned and develops strategies that will provide most benefits to the organization.
• Understands business requirements and enjoins internal clients in better spend planning and forecasting.
• Collaborates with internal and external partners in the development of specifications and performs value engineering.
• Conducts canvassing / biddings and develops terms and conditions based on the specifications and level of service.
• Conducts negotiations based on established information such as previous pricing and market trends.
• Evaluates and analyzes competitive bids using a defined criteria and in consideration of total cost of ownership.
• Provides sound recommendations on vendor selection.
• Conducts analysis of markets, including top suppliers per industry, pricing structures per commodity and latest technologies affecting supply of goods and services.
• Provides regular reports on the impact of these drivers to business activities.
• Performs strategic sourcing and accreditation to determine best sources of supply and to determine capabilities of external partners / vendors.
• Develops long-term relationship with vendors thru effective contract management and periodic performance evaluation.
• Generates and monitors savings and initiate cost efficiency projects thru item standardization and business process re-engineering.
• Implements and monitors projects and ensures delivery of the committed value proposition.
• Proactively resolves disagreements between internal partners and suppliers and recommends practical solutions to conflicts.
• Partners with Disbursement to ensure timely payment to suppliers.
• Effectively communicates process and policies to internal partners and suppliers to ensure compliance and efficiency.
• Ensures timely delivery of goods and services thru effective coordination with vendors and efficient processing of requests.

Skills

SRM

Contract Management

Project Management

Demand Forecasting

Negotiation

Communication Skills

Analytical Thinking

Education

University degree in business/engineering/supply chain

Tools

ERP systems

Job description

Sun Life Philippines is seeking a procurement expert to manage end-to-end sourcing of goods and services, negotiate contracts, and drive cost efficiencies. The role collaborates with internal partners and external vendors to ensure timely delivery and compliance, while leveraging market insights to optimize spend.

The ideal candidate has at least five years in procurement, strong negotiation and SRM skills, and a background in construction and facilities procurement is a plus.