Assistant Vice President, Procurement

2 weeks ago


Singapore Temasek International Pte Ltd Full time

Assistant Vice President, Procurement - System & Project Financials Temasek International Pte Ltd Singapore Posted 3 days ago Permanent Competitive

Responsibilities:

System Strategy and Governance

  • Developing a comprehensive procurement system strategy aligned with the Central Procurement Team's goals and objectives.
  • Establishing governance structures and policies to ensure effective system utilization, data integrity, and compliance.
  • Collaborating with key stakeholders to define system requirements and priorities.
System Implementation and Integration
  • Leading the implementation of the procurement system, including Workday New Features configuration and customization & Source to Contract applications.
  • Coordinating with IT teams and external vendors to integrate the system with workday systems, such as IWF projects, budget check & any application interface with Workday.
  • Overseeing system testing, user acceptance, and change management activities.
System Optimisation and Performance
  • Continuously monitoring and evaluating the procurement system's performance, identifying areas for improvement.
  • Conducting regular system audits to ensure data accuracy, system stability, and adherence to security protocols.
  • Collaborating with IT teams to implement system upgrades, patches, and enhancements to optimise system functionality.
User Training and Support
  • Providing comprehensive training and support to system users, ensuring their proficiency in system utilisation.
  • Creating user manuals, documentation, and training materials to facilitate user adoption and knowledge transfer.
  • Serving as a point of contact for user inquiries, troubleshooting, and issue resolution.
Data Management and Reporting
  • Overseeing data management within the procurement system, ensuring data integrity, accuracy, and security.
  • Developing and maintaining robust reporting capabilities to provide meaningful insights and analytics on procurement performance.
  • Generating regular reports and key performance indicators (KPIs) to support decision-making and strategic planning.
Sourcing, Vendor and Contract Management
  • Collaborating with vendors to address system-related issues, upgrades, and maintenance.
  • Conducting sourcing, vendor evaluation and selection.
  • Review and negotiate contracts to drive cost savings and optimisation.
  • Managing vendor relationships and contracts related to the procurement system.
  • Provide advisory and guidance to stakeholders on procurement framework, process and best practices.
Continuous Improvement and Innovation
  • Staying up-to-date with industry trends, emerging technologies, and best practices in procurement systems.
  • Identifying opportunities for process automation, optimisation, and innovation within the procurement system.
  • Driving continuous improvement initiatives, seeking feedback from system users, and implementing enhancements based on user needs and evolving business requirements.
  • Collaborate with cross-functional teams and contribute expertise to drive process improvements and achieve organizational objectives.
Project financial management
  • Project Financial Management Lead is responsible for overseeing and managing the financial aspects of projects within the organization.
  • Develop project budgets, financial forecasts, and cost control measures in collaboration with project teams.
  • Monitor project financial performance, including tracking expenses and resource allocation, to ensure projects stay within budget.
  • Conduct financial analysis and provide insights and recommendations to project managers and stakeholders.
  • Collaborate with project teams to develop and review financial reports, including project financial statements, variance analysis, and financial projections.
Requirements:
  • Bachelor's degree in a relevant field such as Business Administration, Finance, or Supply Chain Management.
  • Proven experience in procurement system management and project financial management.
  • Strong knowledge of procurement processes, supplier management, and contract negotiation.
  • Solid understanding of financial management principles and practices.
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Ability to collaborate effectively with cross-functional teams.
  • Proficient in using procurement and financial management software and tools.
  • Attention to detail and ability to work in a fast-paced environment.
  • Relevant certifications (e.g., Certified Professional in Supply Management, Project Management Professional) are a plus.
Job ID 10976

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