Procurement and Admin Specialist
2 days ago
The Procurement and Admin Specialist lead and manage the procurement function, ensuring cost-effective, compliant, and value-driven purchasing for goods and services that support the CBSP's operations. This role ensures alignment with enterprise-wide procurement policies and global/regional sourcing strategies, optimizes supplier performance, and promotes efficiency, transparency, and ethical practices across the procurement lifecycle.
Key Responsibilities
- Procurement Operations
- Manage and execute the end-to-end procurement process for local spend categories.
- Drive timely issuance of purchase orders, ensuring accuracy, policy compliance, and budget alignment.
- Support regional sourcing initiatives and adapt them to local market conditions.
- Maintain procurement documentation and system integrity for full audit traceability.
- Supplier & Stakeholder Management
- Build and sustain strong relationships with key suppliers to drive performance, innovation, and service quality.
- Partner with local and regional business units (Finance, Facilities, IT, Claims, HR, Legal, etc.) to anticipate sourcing needs and provide proactive solutions.
- Conduct periodic supplier evaluations and implement corrective action plans when necessary.
- Financial & Performance Management
- Deliver measurable cost savings, cost avoidance, and process improvements.
- Track and report procurement spend, ensuring accuracy and transparency.
- Support annual procurement planning, forecasting, and budgeting activities.
- Governance & Compliance
- Ensure full adherence to the company's procurement policy, risk management framework, and ethical standards.
- Support internal and external audits, ensuring timely submission of required documentation.
- Identify and mitigate potential procurement and supplier risks.
- 5+ years of experience in procurement or supply chain roles, with at least 2 years in a leadership position.
- Strong negotiation, analytical, and project management skills.
- Strong knowledge of procurement best practice (e.g. local market category regulations, etc) and vendor management)
- Proficiency in procurement systems (e,g, Coupa, SAP Ariba, etc) and Microsoft Office Suite.
- Experience in the insurance, financial services, or property management sector is a plus.
- Excellent communication and interpersonal skills.
- Effective stakeholder engagement and collaboration
- Knowledge of contract law, sourcing strategies, and supplier relationship management best practices.
- Demonstrated integrity, results orientation, and ability to work independently in a dynamic and global environment.
- Professional certification (e.g., CIPS, CPSM) preferred.
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