Manager, Procurement

Maybank; Singapore; On-site; SGD 70,000 - 95,000; Full time

Job summary

A leading financial institution in Singapore is looking for a Procurement Manager to oversee procure-to-pay functions across all Singapore entities. The role requires a degree in Accountancy or a related field, along with at least 5 years of experience in procurement and cost management. The successful candidate will facilitate procurement processes, ensure compliance with banking policies, and provide insights on cost optimization. Excellent communication and analytical skills are essential for success in this position.

Qualifications

• Minimum 5 years of relevant experience in procurement and cost management.
• Strong experience in sourcing and procurement processes.
• Experience in project management is an added advantage.

Responsibilities

• Manage procure-to-pay functions for all Singapore entities.
• Collaborate with Group Procurement for sourcing activities.
• Facilitate optimized procurement processes and user training.
• Ensure compliance with regulatory guidelines and bank policies.
• Provide regular insights on cost optimization and risk management.

Skills

Procurement management

Sourcing strategies

Cost management

Analytical skills

Communication skills

Microsoft Office proficiency

Education

Degree in Accountancy or related field

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

To manage procure-to-pay functions for all Singapore entities, operationalizing policies, principles and best practices to achieve good procurement governance, deliver optimal value and realize cost optimization for the enterprise.

• 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.
• 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.

Only shortlisted candidates will be contacted.