Procurement Sourcing Specialist

Overview

Are you looking for a supportive and collaborative workplace with great benefits and clear career development? You’ve come to the right place. Manulife offers competitive salary packages, day 1 HMO with dependent coverage, retirement savings, and extensive training resources. We are a global company with a culture that values wellness and well-being and a network of industry experts.

We’re looking for a Procurement Sourcing Support Senior Analyst to join our Procurement COE team at MBPS. In this role, you will support global sourcing and contracting events in the low impact stream of Manulife’s indirect spend categories including Marketing, Real Estate, IT (Hardware, Software, SaaS, Telecom), HR, Office Supplies, Business Print and Professional Services.

Position Responsibilities

• Establish and maintain relationships with key suppliers to ensure the best pricing and quality of goods and services.
• Assess and mitigate risks associated with procurement activities.
• Ensure all procurement activities comply with company policies and regulations.
• Assign intake requests, ensuring turnaround time is within 24 hours from submitted date.
• Gather necessary information to complete the initial assessment prior to endorsement to VGM review.
• Manage both contract and sourcing request types that are within the self-serve threshold (up to USD50K) for all Asia markets.
• Sourcing Support: Manage intake volume under OST threshold for both mature and emerging markets.
• Contract uploading: Manage non-compliant contract uploading for net new requirement, termination and amendment in Ivalua.
• Complete the contract header creation up to contract signed status.
• Contract Review: Conduct contract reviews for stable deals up to USD50K threshold when the PO lite contract is not accepted by the vendor.
• Conduct negotiations if deemed necessary.
• Collaborate with the BU and onshore partners to address issues and concerns.

Required Qualifications

• Graduate of any 4-year business course, preferably in Business, Finance or Management Information Systems.
• Background in Procurement or supply chain is an advantage.
• Familiarity with Procurement or Finance applications and systems, databases and reporting tools.
• Highly engaged with strong interpersonal skills and service-oriented attitude to stakeholders and customers.
• Strong multitasking skills with an aptitude to make the right decision on competing priorities and deadlines.
• Excellent communication (written and spoken) and problem-solving capability.
• Attentive to details and quality, well-organized, innovative and result driven.
• Self-starter with high level of initiative.
• Exercises good judgment, highly analytical.
• Operates in a professional and ethical manner with customers and vendors.
• Familiarity with Project Management application.
• Strong PC skills and proficiency with MS Excel, Word, Access and procurement systems.

Preferred Qualifications

• Excellent analytical and problem-solving skills.
• Strong organizational and time management abilities.
• Ability to work independently and as part of a team.
• Strong negotiation skills.
• Ability to analyze data and make informed decisions.
• Knowledge of industry trends and best practices.

Reporting Line

The Procurement Sourcing Support Senior Analyst will report to the Procurement Manager and work closely with Category Managers, Tower Leads, and other key stakeholders across the organization.

Location

The position is based in Quezon City.

What You’ll Experience When You Join

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are central.
• As part of our global team, we’ll support you in shaping the future you want to see.
• Let’s make every day better together. Learn about our opportunities at JOBS.MANULIFE.COM.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit Manulife’s website.

Equal Opportunity Employer

Manulife/John Hancock embraces diversity and fosters an inclusive work environment. We are committed to fair recruitment, retention, advancement and compensation, and administer all practices without discrimination on the basis of protected characteristics.

Reasonable Accommodation

A Human Resources representative will assist applicants who request a reasonable accommodation during the application process. To request an accommodation, contact recruitment at Manulife.

Working Arrangement

Hybrid

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