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Head Of Procurement ( YGN )

KBZ Bank
| Yangon
Verified This job has been verified by the company as a real job vacancy.
08 Nov 2021
Recruiter active 16 hours ago The recruiter at this company was last active reviewing applications.
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Head Of Procurement ( YGN )
KBZ Bank, | Yangon

Head Of Procurement ( YGN )

KBZ Bank

Head Of Procurement ( YGN )

KBZ Bank
Recruiter active 16 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Manager

Job Function

Logistics, Warehousing, Port

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Good Opportunity for ..

The role holder is responsible for developing, managing and implementing KBZ’s procurement strategies and activities, in alignment with the business objectives to deliver or exceed on savings targets. The role holder is also responsible for managing KBZ Bank Limited’s contractors/suppliers through tendering, contracting and regular monitoring, and for creating guidelines to govern the same. The role holder is also responsible for directing, managing and monitoring negotiations with suppliers of major services and critical contracts. The role holder is also responsible for supporting the bank’s strategies and initiatives to provide an effective and engaging digital customer on-boarding experience, expand the agent and merchant networks, and drive the usage of mobile and digital applications, in order to achieve economic and social development in Myanmar through nation-wide financial inclusion.

 

  • Lead the comprehensive development and effective implementation of policies and procedures to govern the procurement process for all goods and services across all Value Centres and Functions,
  • Lead the development of relevant policies and processes and provides all necessary support to the VCGMs and Function Heads,
  • Participate in Payment Processing activities’ digitalization, source for digitalization of Procurement,
  • Facilitate and drive KBZ’s strategy of achieving nation-wide financial inclusion,
  • Ensures that purchase orders and material requests are efficiently processed and urgent orders for out-of-stock items are acted on and processed immediately to minimize business risk,
  • Assesses all risk management activities and compliance requirements related to the procurement of goods and services,
  • Assesses alternative sources of goods/services procurement with regard to cost, quality, time-to-service and credit facilities in order to ensure the delivery of cost-effective, value-adding procurement activities,
  • Provides full support to all Value Centre/Function at KBZ in ensuring the smooth executions of delivery from external vendors by building and maintaining strategic
  • relationship with them,
  • Conducts due diligence for new contractors and suppliers according to the defined pre- qualification criteria, and ensures regular updating of and adherence to the list of approved contractors and suppliers that comply with KBZ Bank Limited’s policies and procedures,
  • Supervise the preparation of required documents to ensure that satisfactory conditions are built into purchase contracts, in coordination with the Legal and Compliance Function,
  • Direct, manage and monitor negotiations with suppliers of major services and critical contracts prices, credit terms and other conditions of the agreement with the necessary Value Centre/Function to optimize cost and ensure quality of delivery,
  • Monitor and evaluate the current status, performance, financial position and other contractual agreements of registered contractors/suppliers to ensure procurement of goods/services in line with approved delivery dates,
  • Ensure the process with contractors and suppliers are smoothened till payment is made, with regular follow-up/ guidance and support to Payment Processing team,
  • Define goals and key performance indicators for each member of the team and ensures effective implementation of the bank’s performance management process, and
  • Develop talent within the team by coaching to achieve the defined goals.

Open To

Male/Female

Job Requirements

  • Accounting qualification
  • Bachelor degree preferably in Supply Chain Management with a professional qualification.
  • Highly proficient Microsoft Office user especially in Excel, Word, PowerPoint,
  • Must have 10 year experience in Logistics, Supply Chain Management, Operation Management, and Warehousing and Commercial role, and
  • At least 5 years of working experience in a senior management position with strong leadership skills.

What We Can Offer

Benefits

Quarterly Bonus

Highlights

Leading Bank In Myanmar

Career Opportunities

  • Opportunities for promotion
  • Possibility for job training
  • Learn new skills and techniques