About the Role
A Procurement Assistant Manager oversees end-to-end purchasing, supplier relationships, and contract negotiations to ensure cost-effective, timely acquisition of goods and services. Key duties include managing vendor performance, analysing market trends for cost savings, enforcing company compliance, and aligned with our long-term fiscal goals.
Key Responsibilities
1. Supplier Management
- Source, evaluate, and develop relationships with vendors to secure favourable pricing, quality and delivery terms
2. Negotiation & Contracting
- Lead commercial negotiations on pricing, contracts, and service agreements.
3. Purchasing & Operations
- Facilitate, review, and authorize purchase orders.
4. Cost Optimization
- Perform cost-down activities, benchmarking, and spend analysis to identify cost-saving opportunities.
5. Compliance & Risk Management
- Ensure all procurement activities comply with organizational policies, procedures, and ethical standards.
- Conduct financial health checks on key suppliers to ensure supply chain stability and prevent disruptions.
6. Contract Management
- Work closely with the legal and finance teams to ensure all vendor contracts have favourable payment terms (e.g., Net 30/60) and robust SLAs.
7. Cross-functional collaboration
- Leading cross-functional collaboration to streamline procurement processes, driving operational efficiency.
8. Monthly Report
- Develop and present monthly procurement reports to the management team, highlighting cost-savings, total cost of ownership (TCO), and efficiency gains.
9. Team Leadership
- Supervise and mentor a Procurement Executive. Set their KPIs, review their contract drafts, and ensure their workload is balanced and effective.
Key Requirements
- Education: Degree in Accounting / Finance, Business, or Supply Chain; ACCA, CPA, CPSM or CIPS or equivalent, pursuing professional qualification preferred.
- Experience: Minimum 6 years’ relevant GL experience. Strong understanding of P&L statements, balance sheets, and how procurement impacts the company's bottom line
- Language Proficiency: Excellent verbal and written communication skills in English and Bahasa Malaysia (Mandarin is a plus).
- Technical Skills: Preferably with exposure to ERP (Oracle/Kingdee/SAP). Familiar with audit preparation and compliance in a listed-company environment. Advanced skills in multi-variable negotiations (price, terms, service levels, and scalability).
- Personal & Interpersonal Skills: Meticulous, deadline-driven, and able to handle high-volume transactional data. Proven ability to manage or mentor junior staff; ability to delegate effectively while maintaining accountability
Pay: RM7,000.00 - RM8,000.00 per month
Benefits:
- Dental insurance
- Health insurance
- Maternity leave
- Parental leave
- Vision insurance
Application Question(s):
- How long is your notice period?
Experience:
- ERP systems: 3 years (Preferred)
- Procurement: 6 years (Required)
- General ledger accounting: 6 years (Required)
Work Location: In person