PURPOSE OF THE JOB
Support the organization within Finance operation, Procurement process and maintaining the Company’s procurement records.
RESPONSIBILITIES OF THE JOB
1. To oversee the responsibility of buying the requested service or goods keeping in mind cost sensitivity and minimising spending cost
2. Researching for new suppliers - to have a data bank for all contractors and supplier. To have a list of panel contractor/supplier for each category.
3. Following market trends - continue update with latest brand and product
4. Liaising with suppliers/contractors - build PR and keeping company profile Liaising with suppliers/contractors
5. Review negotiated prices with suppliers/contractors.
6. Oversee tender process to ensure all tender documents are complete and submitted within the timeline.
7. Reviewing tenders/quotations to ensure accuracy, recommend vendor via cost evaluation analysis and slides to be endorsed by VSC (Vendor Selection Committee) and approved by the (MC) Management Committee
8. Review with executive, procurement on suppliers concerning delivery times
9. Review reports (when needed) - monthly expenses, PO status, update list of new contractor/supplier and other relevant details
10. Lead and coordinate all works with high level of integrity and work closely with all Heads of Department to achieve better results before recommending the contractor/supplier and cost for approval.
11. To review and evaluate the existing vendors and prepare the report accordingly
12. As and when required by the Management and/or any relevant Ad-Hoc task by Head of Finance
13. Overseeing the procurement department’s process and developing and managing subordinate.
14. Ensure compliance with the requirements of local regulations and all other relevant statutory regulations and guidelines, as well as all relevant Company, Boustead Holdings Group / IKANO group policies and procedures.
REQUIREMENT FOR THE JOB
Qualifications
· Possess a Bachelor Degree in Business Studies/Procurement/ LCCI/Diploma in Finance/Accounting or other related field.
· Minimum 5 years’ experience in similar capacity.
Motivation
· Passionate about growing business and people together
· Meeting vendor and assisting department to drive the process
· Strong sense of achievement in meeting deadlines
· A desire for continuous improvement
· A desire for keeping everything organised and well documented
Knowledge
· Purchase requisition
· Purchase orders
· Budget
· Forecasting
· Market updates
· Vendor management
· Pricing comparison
· Procurement process flow
· Vendor negotiation
· Procurement best practice
Capabilities
· Communication
· Analytical
· Negotiation
· Problem-Solving
· Proactive
· Meeting deadline
· Problem solving
· Financial evaluation
· Decision making
· Accurate and attention to detail