Manager, Procurement

Maybank Singapore; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Procurement Specialist to enhance sourcing activities and manage procurement governance. The ideal candidate will have a degree in Accountancy, at least 5 years in procurement, strong analytical skills, and proficiency in Microsoft Office. The role involves collaborating with Group Procurement, ensuring compliance, and optimizing procurement processes for better cost management.

Qualifications

• Minimum 5 years of relevant experience in procurement and cost management.
• Strong experience in procurement, sourcing, and cost management.
• Analytical, detail-oriented, and able to manage work under tight timelines.

Responsibilities

• Collaborate with Group Procurement to implement sourcing activities.
• Facilitate optimized procurement processes and user training.
• Ensure compliance with regulatory guidelines and bank policies.
• Act as key contact for Singapore stakeholders on procure-to-pay systems.
• Manage procure-to-pay functions for all Singapore entities.

Skills

Procurement

Sourcing

Cost Management

Project Management

Analytical Skills

Microsoft Office

Communication Skills

Time Management

Education

Degree or professional qualification in Accountancy or a related field

Job description

• Collaborate closely with Group Procurement to implement sourcing activities tailored to Singapore entities, including both manual and system-driven processes.
• Facilitate optimized procurement processes, communications, and user training to ensure efficient and effective sourcing.
• Review and assess high-value or material purchases to ensure alignment with procurement objectives.
• Ensure compliance with regulatory guidelines, bank policies, and group frameworks including Sustainability, Compliance, and Risk Management.
• Act as the key point of contact for Singapore stakeholders on procure-to-pay systems, covering onboarding, enhancements, maintenance, and support.
• Participate in system implementations: gather requirements, plan test scripts, conduct SIT and UAT to enhance user experience and process efficiency.
• Support change management through proper documentation, communication, and training initiatives.
• Provide regular insights and reporting on cost optimization, responsible sourcing, and third-party risk management.
• Work closely with the Accounts Payable team to ensure seamless invoice processing and timely vendor payments.
• Participate in departmental and cross-functional initiatives as assigned.
• Manage procure-to-pay functions for all Singapore entities, operationalizing policies, principles and best practices to achieve good procurement governance, deliver optimal value and realizing cost optimization for the enterprise.

Requirements:

• A degree or professional qualification in Accountancy or a related field.
• Minimum 5 years of relevant experience in procurement and cost management.
• Strong experience in procurement, sourcing, and cost management (minimum 5 years).
• Project management experience is an added advantage.
• Analytical, detail-oriented, and able to manage work under tight timelines.
• Proficient in Microsoft Office applications (Word, Excel, and PowerPoint).
• Excellent interpersonal and communication skills — both verbal and written.
• Strong time management and ability to prioritize tasks effectively.
• Self-motivated with the ability to work independently to meet departmental goals.

Note: Only shortlisted candidates will be contacted.