Head of Procurement

Role Summary:

The Head of Procurement / Vendor Management manages the Company's end-to-end procurement and vendor life-cycle and drives cost optimization. Further, the incumbent establishes strong supplier partnerships, negotiates favorable terms, and mitigates risks to support the company's operational and financial goals.

Key Responsibilities:

Vendor Management

• Designs/develops and establishes the company's vendor management strategy including policies, controls, and supplier audit practices.
• Conducts and leads regular vendor review and audit including vendor / supplier partner performance
• Builds strategic relationships, especially with critical suppliers, and develops a pipeline of vendors / suppliers.
• Leads vendor / supplier selection process, accreditation / onboarding, performance evaluation, and offboarding process (termination).

Contract Management and Negotiation

• Leads negotiations to secure the best terms, service levels, and costs from suppliers.
• Collaborates and partners with the Legal, Finance, and the requesting department in reviewing and managing the contracts to ensure clarity, compliance, and enforceability.

Department Operations

• Leads and manages the entire vendor / procurement activities ensuring cost-effectiveness, quality, and timely delivery of goods and services.
• Collaborates and partners with the different departments for planning and execution of the company's procurement strategy and operational delivery.
• Drives continuous improvement initiatives.

Risk and Compliance

• Identifies risks and creates mitigation strategies.
• Adheres and complies with legal, regulatory, and internal controls and standards to reduce corruption related risks and other possible internal and external financial losses.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or related field
• 7+ years of experience in Supply Chain Management with specialization Procurement and Vendor Management ideally in FMCG, fintech, digital lending, or fast-paced digital industries
• 5+ years of experience in leadership or management role with at least 4 direct reports
• Experience in negotiating and managing large scale contracts and portfolio
• Willingness to report to work, onsite 5X a week (Ortigas Center)

Skills:

• Strong understanding and expertise in vendor management or procurement cycle
• High integrity and commitment to compliance
• Excellent interpersonal and communication skills
• Strong analytical and negotiation skills, financial acumen, and data-driven mindset
• Experience in dealing with different nationalities and working in cross-functional teams

Wefund is the leading fintech cash lender in the Philippines and owns the online lending platform called JuanHand. JuanHand has over 65million downloads and disburses over 3.5billion pesos of loans monthly. Wefund is a subsidiary of Finvolution Group, one of the biggest fintech companies in Asia with a USD27billion loan book. Finvolution is a publicly traded company and listed with the NYSE (FINV). JuanHand has been recognized by the SEC as a Best Practice OLP. Wefund is committed to help the creditworthy yet underserved by offering tech enabled financial products that are pleasant to use, with fair interest rates and fast approval times. Wefund is the trusted fintech lender of choice and operates with the highest level of integrity and ethics. Wefund has a reputation of being an Employer of Choice in the Fintech Lending industry. Our Core Values are ICED Tea: Integrity, Competence, Enthusiasm, Dependability and Teamwork.

Why Join JuanHand?

• Be part of a fast-growing fintech company transforming financial access in the Philippines
• Work in an agile, innovative, and mission-driven environment
• Competitive compensation and benefits
• Opportunities for growth and leadership
• Culture of ICED Tea and Setting Up People for Success

Job Type: Full-time

Pay: Php70, Php80,000.00 per month

Benefits:

• Flexible schedule
• Health insurance
• On-site parking
• Opportunities for promotion
• Paid training
• Promotion to permanent employee

Experience:

• Vendor Management: 5 years (Required)

Work Location: In person