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Senior Executive, Procurement

Country:  Singapore
State:  Singapore
Job Function:  Customer Service, Maintenance & Operations
Job Posting Date:  18 Feb 2025

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Summary

As a Senior Procurement Executive, you will play a pivotal role in supporting the Group Operations in managing procurement processes and ensuring efficient contract management. Your expertise will identify potential cost-saving measures, streamline procurement activities, and enhance overall efficiency. With a focus on cost management and process improvement, you will contribute to the strategic goals of the organization while maintaining high standards of service delivery.

Job Description

Group Operations Support

  • Provide Group Operations support to the Centre Management Office (CMO) in their daily operations for retail and commercial properties.
  • Liaise and work closely with key term contractors appointed at the group level to manage their performance and ensure services are rendered according to the contract.
  • Explore new initiatives to drive sustainable operations by leveraging new technologies.

Procurement and Contract Management

  • Independently conduct tender processes, encompassing pre-qualification, invitations, briefings, clarifications, issuing addendums, final contract awards, and preparing Letters of Acceptance and Contract Agreement templates for CMO adoption.
  • Review and negotiate contract agreements, analysing potential risks in contractors' proposed changes to contract clauses or terms and conditions.
  • Manage term and ad hoc purchases at the group level, including drafting technical specifications, sourcing quotations, negotiating costs, evaluating quotations, and preparing recommendation memos for purchase awards.
  • Monitor and update the list of term contracts to ensure timely renewals and track award statuses from the procurement portal (SAP).
  • Conduct Vendor Performance Evaluations annually, compile submissions, and provide summaries to the AVP, Procurement & Contracts, for review.
  • Review and update Standard Operating Procedures for compliance by the CMO.
  • Review and update standard forms, templates, and tender documents as required.
  • Maintain accurate records of procurement activities.
  • Prepare and present reports on procurement activities and performance.

Process Improvement and Cost Management

  • Review current service specifications and suggest modifications to simplify processes without compromising quality.
  • Evaluate the frequency of services and recommend adjustments for more efficient operations.
  • Identify potential cost-saving measures that can be implemented without affecting service delivery.
  • Propose process improvements to enhance overall efficiency and effectiveness.

Audit and Budget Support

  • Support the AVP, Procurement & Contracts, by guiding the CMO in their audit schedules, performing pre-audit checks, and conducting post-audit briefings.
  • Assist in yearly Opex and Capex budget forecasts for property maintenance. Reach out to vendors/market to acquire market sensing for budget global assumptions.
  • Prepare reports and statistics for management review.
     

Key Qualification

Educational Background:

  • Degree/Diploma in Supply Chain Management, Business Administration, Project and Facility Management, Building/Material Engineering, or a related field.
  • Additional CIPS Diploma (Chartered Institute of Procurement & Supply) certification is advantageous.

Experience:

  • Preferably at least 3 years of relevant experience in procurement, in the real estate or property management industry.
  • Experience in facilities management, quantity surveying, or involvement in Addition and Alteration (A&A) work tenders.
  • Proven track record in managing high-value procurement projects and supplier negotiations.
  • Experience with energy procurement or eProcurement systems is advantageous.

Skills:

  • Strong analytical and negotiation skills.
  • Proficiency in procurement software and tools, including MS Word, PowerPoint, Excel & Pivot and experience in SAP & Ariba is advantageous.
  • Excellent writing skills for preparing approval papers, ensuring clarity, accuracy, and persuasiveness in documentation.
  • Excellent communication and interpersonal skills.
  • Meticulous, resourceful, and proactive in driving cost management.
  • Ability to work independently and as part of a team.

Diversity brings us closer to the communities we serve.

Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.

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