Procurement Manager at a Financial Services Company in Yangon, Myanmar

Procurement Manager at a Financial Services Company in Yangon, Myanmar

• Manage procurement processes and supplier relationships
• Up to 3,500,000 MMK + Other Allowances 

The Role

The role will oversee the entire procurement function, ensuring efficient and cost-effective sourcing of goods and services for the company. This includes negotiating with suppliers, managing contracts, and ensuring compliance with company policies

About the Company

Our client is a leading financial services company, specializing in insurance products and solutions, dedicated to providing top-tier financial services to individuals and businesses across Myanmar

Description

• Develop and implement procurement strategies that align with the company’s operational and strategic goals
• Oversee the procurement of goods, services, and contracts in alignment with business needs and budget constraints
• Manage supplier relationships, negotiate contracts, and ensure cost-effective purchasing while maintaining quality standards
• Ensure compliance with legal, regulatory, and company policies related to procurement and vendor management
• Monitor and evaluate vendor performance to ensure optimal service delivery and adherence to agreements
• Collaborate with other departments to forecast procurement needs and ensure timely delivery of supplies
• Prepare and manage procurement budgets, ensuring alignment with financial targets and efficiency
• Maintain a comprehensive database of suppliers, contracts, and procurement records
• Identify cost-saving opportunities and continuously evaluate procurement processes for improvement
• Provide regular procurement reports and updates to senior management

Requirements

• Bachelor’s degree in Business Administration, or a related field
• At least 7 years of experience in procurement with at least 2 years in a managerial position, preferably in the financial services industry
• Strong knowledge of procurement practices, contract negotiations, and vendor management
• Excellent communication, negotiation, and interpersonal skills
• Proficiency in procurement software and Microsoft Excel
• Fluency in both English and Burmese preferred

Benefits

Basic Salary + Ferry + Insurance + Yearly Bonus

Career Growth Opportunities

As the company expands its operations, there are excellent opportunities for career development and advancement in the procurement and broader corporate functions

For More Information contact Ei Kay Zin Phyo on Telegram @eikay_myworld