Procurement Specialist

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain. 

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments.

The following outlines the job responsibilities which are summarized. It is intended as a guideline only and not meant to be exhaustive and subject to changes over time as the role develops.

Overall Function

The Procurement function serves business stakeholders through the procuring of goods and services in a timely manner, while striving towards obtaining best price and value for the organisation. The Procurement Specialist is a single contributor role, supporting the VP of Procurement in ensuring efficient and effective execution of procurement category sourcing, and efficient execution of Procure-to-Pay (P2P) processes. 

Key Responsibilities
•    Lead procurement for the assigned category(ies), through business partnering with the stakeholders to define annual procurement plan and develop category strategies, for execution, 
•    Lead the sourcing initiatives, inclusive of defining sourcing approach, identify suitable potential vendors, develop and execute RFX, evaluate proposals (against business requirements, and total costs of ownership), negotiate for the best outcome and provide supplier recommendation, 
•    Provide efficient execution of P2P processes and enablement of Coupa procurement system,
•    Identifying and implementing opportunities to deliver savings and drive benefits through smarter/efficient sourcing

Requirements

•    Degree/Diploma in Business Administration, Purchasing, Supply Management and other related fields
•    Minimum 3-5 years of relevant sourcing experience, preferably with experience in technology sourcing in the context of Financial Services Institution (FSI) 
•    Good negotiation capabilities, strong communication (written, verbal) and interpersonal skills to influence for positive outcomes 
•    Good knowledge of procurement systems (e.g. Coupa, Ariba etc) preferred   
•    Strong organizational and problem-solving skills, meticulous attention to details, and possess good verbal and written abilities 
•    Strong project/time management abilities, and able to prioritise work effectively to meet accelerated timelines
•    Enjoys interacting with people

Network for Electronic Transfers (Singapore) Pte Ltd.