Procurement Head

This job is with AXA Investment Managers, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Span of Control: As effectively head of procurement functioning under AXA standards and policies:

• Has full responsibility over operational procurement or purchasing functions, composed of 5 regular members, for both Life and GI businesses.
• As importantly, has full direction and responsibility over strategic aspects of procurement, composed of 2-3 regular members, in particular Supplier Relationship Management, Commodity Guide, governance framework, efficiency and spend analyses, and continuous improvement.
• Be acknowledged as the expert on market knowhow in the supply chain.
• Over Php2 billion in negotiable spend per annum.
  
  

Key Responsibilities

• Establish relationships with the best suppliers and negotiate long-term-value contracts that set out prices, quality standards, cost-reduction targets, delivery timescales, commercial terms and conditions, and the like as may be warranted from time to time.
• Lead procurement workgroups (cross-functional teams) across the organization to ensure alignment in procurement activities, establish best sources of supplies and services, conduct performance evaluation of suppliers, manage supplier relationships.
• Lead regular business reviews with the company’s key suppliers, and recommend and escalate to stake-holders performance issues as appropriate, working with key stakeholders in for example but not limited to Operations, Facilities, Distribution, Marketing.
• Develop strategies and processes to increase procurement coverage and efficiency through:
• digital solutions
• commodity guide development and upkeep
• supplier contract management
• outsourcing solutions
• implementation of governance.
• Develop, implement and continuously upgrade policies and procedures governing procurement and purchasing requirements of the Company.
• Implement best practices and continuous improvement in procurement processes.
• Acquire the knowledge on the market and expertise in negotiation and management, as warranted for the top procurement role in the company.
• Further improve the skills and competencies of the procurement team through various on-the-job trainings and knowledge management capabilities.
  

Qualifications

• Around 10 years of senior supply management experience in a financial services organization
• A Bachelor's degree in supply chain management, economics, finance, operations, engineering or a related area, preferably with a Master's degree
• Proven track record of delivering large savings and/or other value across spend via a strong team of procurement and purchasing professionals
• Strong leadership, negotiation, problem-solving, change management, and communication skills
• Team player and can collaborate with stakeholders of various levels and business units within and outside the organization
• Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.
• Industry knowledge in terms of broad industry dynamics on the buy- and sell-side
• In-depth knowledge of sourcing and procurement principles and best practices
• Analytical mindset and creativity to seek, encourage and find non-traditional approaches to further enhance and embed procurement policies and processes.
  
  

Please visit www.axa.com.ph/careers for more information.

A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks.

Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.

AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.

AXA now offers a complete range of products for all its customers' insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.

AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.

AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines.

The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.