Senior Vice President, Procurement Department, Finance Division

Kuala Lumpur, Malaysia

Job Description


\xef\xbb\xbfPurpose & Overview:
Our client is seeking a dynamic and experienced Vice President to lead their Procurement Department. This pivotal role involves driving and overseeing the procurement function to align with organisational objectives by developing innovative and cost-effective procurement strategies, managing supplier relationships, ensuring legal and regulatory compliance, and leading strategic process improvements to enhance efficiency and service delivery.Key Accountabilities:
1. Procurement Strategy & Management

  • Lead the development and implementation of innovative and cost-effective procurement strategies.
  • Steer the procurement process, including supplier selection, performance evaluation, and contract negotiations.
  • Ensure governance and compliance with procurement best practices to improve efficiency, reduce costs, and enhance service delivery.
2. Strategic Contract Management
  • Lead high-level contract negotiations to secure favourable terms and mitigate risks.
  • Monitor contract compliance and performance, addressing any issues promptly.
  • Provide regular reports on contract status and performance metrics to senior management.
3. Stakeholder Relationship & Performance Management
  • Establish and maintain strategic relationships with key suppliers/vendors.
  • Evaluate supplier/vendor performance and develop improvement plans in collaboration with stakeholders.
4. Internal Stakeholder Engagement
  • Maintain strong relationships with internal stakeholders to align procurement activities with project and organisational goals.
  • Develop effective communication channels with internal clients and suppliers.
5. Strategic Process Improvement and Compliance
  • Drive process improvements to enhance procurement efficiency and compliance with legal and regulatory requirements.
  • Develop and enforce procurement policies and procedures, conducting regular audits and reviews.
Generic Accountabilities:
6. Mindset, Behaviour, and Culture
  • Promote a positive mindset and behaviour, shaping a work culture that values integrity and high performance.
  • Foster personal growth and business excellence by embracing Core Values (Passion, Integrity, Leadership, Loyalty, Agility, Responsiveness).
7. Capability Development
  • Drive self-development of talent, skills, and knowledge by attending training and participating in seminars/workshops.
8. Operational Budget Management
  • Manage departmental operations within the allocated budget through continuous monitoring and taking appropriate measures.
9. Stakeholder Management
  • Foster effective working relationships with internal stakeholders, government authorities, business institutions, and industry players.
10. Leadership and Capability Development
  • Develop a competent team that enhances and sustains staff capabilities in achieving high-performance delivery.
  • Provide guidance for succession planning and talent development.
Qualification & Relevant Experience:
Educational Qualification:
  • Bachelor\'s degree in Supply Chain Management, Business Administration, or a related field.
  • A Master\'s degree or professional certification (e.g., CIPS, CPSM) is preferred.
  • Government Procurement Certification, and/or Certificate in Public Procurement (SPPK) is highly preferred.
Relevant Experience (Skills & Knowledge):
  • Minimum of 10-15 years of experience in procurement and contract management.
  • 5-10 years of strategic experience within GLCs or similar organisations is highly preferred.
  • Proven track record of successful procurement and contract management.
  • Strong negotiation and relationship management skills.
  • In-depth knowledge of procurement processes, contract law, and industry best practices.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Proficiency in procurement software and tools.
Sub Specialization : Supply Chain & Logistics;Purchasing / Buyer
Type of Employment : Permanent
Minimum Experience : 10 Years
Work Location : Kuala Lumpur
Salary Range : RM15,000 Per Month

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Job Detail

  • Job Id
    JD1053027
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    15000 per month
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned