Position PurposeHandling Sourcing processes in the given domain, supporting to create RFXs, handle vendor evaluations, commercial negotiations, contracts negotiations and closures, onboard vendors, manage vendor relationship throrugh a structured governance process.Key Result Ares• Supporting Sourcing related operational support and guidance to the organization.• Driving & implementing all Sourcing activities, projects, negotiations and initiatives. • Support in finalising contract negotiations with Vendors and Partners working in in self directed / cross functional teams with an eye on savings and value enhacement.• Manage Vendor Relationship Management & follow meticulous Contract Governance Systems.• Provide specialist advice and assistance to all stakeholders (where applicable) in regards to sourcing plans and activities (like Vendor performance, governance, verifications, assessment, due diligence etc.).• Developing solid links with critical and key Vendors to ensure adherence to all contractual commitments and participate in contract negotiations and amendments. • Ensuring the due diligence and compliance commitments wrt Vendors and Vendor management are met as per the organisation’s conditions.• Proactive knowing various customers (internal and external) and their needs by active search and maintaining direct relationship with critical/ key customers.Key Responsibilities and Accountabilities• Setup as required & follow Sourcing/Procurement Guidelines & Processes for organization. • Organize sourcing process including preparation of RFP/RFQ documents, release and management of RFQs, evaluation of proposals, vendor evaluation, commercial negotiations and contract signing in full compliance with Group level and Local rules and regulations.• Support in implementing complete P2P process where applicable with necessary controls.• Guide employees to follow and practice as per the guidelines and best practices.• Prepare and follow a structured Governance Process for Vendor and contract management.• Manage the payments cycle along with vendor reconciliations in accordance with contracts.• Prepare and maintain necessary procurement tracking databases including but not limited to Vendor’s database and implement Management system of procurement contracts.• Conduct periodic training for employees on sourcing/ procurement.• Set up necessary easy retrievable database for sourcing documentations.• Perfect sourcing /procurement process which is in line with Group and Local Regulations.Key StakeholdersWave: Sourcing Team / User Teams / Finance Team.Joint Venture Partners: Sales, Support functions, Strategy, Management, Sourcing.External: Regulators, Auditors.Vendors: Who provide materials and services for Technology, Admin, Marketing, other functions’ requirements in the organisation.
• Work experience as a Sourcing or Procurement specialist within structured MNC or any reputed organizational environment.• Familiarity with ERP related to sourcing and vendor management relevant software.• Understanding of market dynamics and sound business judgment and strong project management skills.• Aptitude to negotiate and sustain professional networking relationships.• Comfortable with numbers and collecting, analyzing and interpreting data.• Solid judgment with ability to make good on time decisions.• Support senior members in activities that facilitate participation in business planning process and proactively identify opportunities to advance the success of the business.• Ability to formulate and manage budgets for least deviation from approved limits, contribute appropriate services to gain high return on investments.• Contribute towards developing an operational risk capability for DMM and ensure that every process must be operational and compliant with approved measures and as per country regulatory practices.• English language skills High written & spoken fluency; • Burmese language skills High written & spoken fluency;• Educational qualification: Minimum Graduate degree. Additional preference: certifications and or degree in supply chain management, sourcing, logistics, business administration, etc.• Experience: ~4 – 7 years and above of relevant experience
- Medical, Life & Accident Insurance - Mobile Usage allowance - Travel Allowance- Other benefits including Company Bonus
- Myanmar's First Mobile Financial Services Provider- Multinational Company - International Working Environment
- Growing organisation- Develop your career
Wave Money is a joint venture between Telenor and Yoma Bank to provide accessible, safe and convenient mobile financial services via a nationwide agent network or via a wave account on your phone.Wave Money offers you instant, safe and convenient way of sending and receiving money, bringing financial inclusion to all.Together, we will empower communities, improve people’s lives, and help grow Myanmar’s economy.