Procurement sourcing specialistThe Manufacturers Life Insurance Co (Phils) Inc( Manulife Philippines )

Job Description
We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.
Working Arrangement
Hybrid
Job Description
The opportunity
The Procurement Sourcing Specialist role is responsible for driving and supporting global sourcing and contracting events in the low impact stream of Manulife's indirect spend categories including Marketing, IT, HR and Professional Services. The role is strategic in maintaining the relationship between the Company and its third-party vendors during the course of the end to end procurement process with a focus on client satisfaction, as well as support for the Category Managers in-line with the Buy Better strategy of the Procurement organization.
Key Accountabilities:
Procurement Sourcing Specialist for the sourcing stage of the end to end Procurement process:
Sourcing
Support and / or lead sourcing initiatives in accordance with business requirements within aggressive timelines while ensuring the integrity of the bidding process
Establish and maintain a collaborative relationship with third party vendors
Conduct negotiations and secure deals that drive savings, meet and fulfill business requirements
Ensure projects are conducted in compliance with internal procurement policies
Manage the mailbox and work intake tools to ensure timely resolution of stakeholder queries and concerns accurate documentation of project development and prompt communication of relevant issues and updates with business partners
Strategy and Planning
Perform detailed analysis of spend, contract terms and condition s
Drive and champion established procurement strategies for each sourcing event in accordance with their respective spend categories.
Maintain a mutually beneficial engagement with Category Managers to allow for sharing of best practices and ensure alignment with category strategies
Coordinate with functional subject matter experts such as Risk, Legal, Finance, and Tax to ensure compliance with the company's standards from a contractual standpoint
Monitor market trends, competitor strategies and market suppliers for the respective category
Support business unit clients understanding of procurement processes, policies, and systems
Qualifications:
Education:
Graduate of any 4-year university course, in Business, Finance, Information Technology, Engineering, or other related disciplines.
Experience:
Minimum of 5-years experience in Procurement and Supply Chain
Familiarity with North American contracts including main clauses required for specific types of agreement, Statement of Work, Project Requirements and Exhibits
Comfortable working with legal and risk subject matter experts
Knowledge of Procurement or Finance applications and systems, databases and reporting tools allowing for high level spend assessment and analytics.
Work Habits / Personal Traits:
Highly engaged with strong communication, interpersonal skills and service-oriented attitude to stakeholders and customers
Strong multitasking skills with an ability to effectively manage competing priorities and deadlines
Attentive to details, innovative and result driven
Operates in a professional and ethical manner with customers and vendors
Comfortable challenging the status quo
Amenable to working night shift
What motivates you
You obsess about customers, listen, engage and act for their benefit.
You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
You thrive in teams and enjoy getting things done together.
You take ownership and build solutions, focusing on what matters.
You do what is right, work with integrity and speak up.
You share your humanity, helping us build a diverse and inclusive work environment for everyone.
What can we offer you
A competitive salary and benefits packages.
A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
A focus on growing your career path with us.
Flexible work policies and strong work-life balance.
Professional development and leadership opportunities.
Our commitment to you
Values-first culture
We lead with our Values every day and bring them to life together.
Boundless opportunity
We create opportunities to learn and grow at every stage of your career.
Continuous innovation
We invite you to help redefine the future of financial services.
Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives.
Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as MFC on the Toronto, New York, and the Philippine stock exchanges, and under 945 in Hong Kong.
Manulife is an Equal Opportunity Employer