Head of procurement

Lead the procurement function for a leading financial services organisation, driving strategic sourcing, supplier management, cost optimisation and procurement governance. Partner with senior stakeholders across Finance, Legal, Compliance, Risk and IT while leading a team and ensuring strong compliance, audit readiness and operational efficiency. Requires 8–10+ years’ procurement experience, ideally in financial services or insurance, with SAP/ERP experience.

Head of Procurement - Financial Services

Salary: Competitive and based on experience

Location: Jakarta

Keywords: collaborative, governance-driven, customer-centric, compliance, integrity, employee development, procurement excellence, operational efficiency, strategic sourcing, supplier management, cost optimisation, team leadership

A leading financial services organisation in Jakarta is seeking a Head of Procurement to drive procurement excellence and operational efficiency within its collaborative, ethical, and governance-focused environment. This senior manager role offers the opportunity to lead a strategic business function, working closely with key internal stakeholders across Finance, Legal, Compliance, Risk, Information Security, HR, IT, and Operations. You will be empowered to shape procurement strategy, optimise costs, and ensure robust supplier management while fostering a culture of compliance and integrity. The organisation is committed to employee development and offers clear progression pathways into broader finance, operations, or regional leadership roles. If you are passionate about procurement governance and thrive in a customer-centric setting that values teamwork and continuous improvement, this is your chance to make a significant impact.

• Join a reputable financial services organisation with a strong focus on governance, compliance, and employee growth; enjoy working in an inclusive environment where collaboration and integrity are at the heart of every decision.
• Lead a high-performing procurement team as a strategic partner to all business functions; work closely with senior leaders across multiple departments to deliver cost optimisation and process improvements.
• Benefit from flexible working opportunities, generous transportation allowances, medical insurance coverage, performance bonuses, and potential for career advancement into broader finance or regional leadership roles.

What you'll do:

As Head of Procurement based in Jakarta HQ, you will play a pivotal role in shaping the organisation’s procurement landscape. Your day-to-day responsibilities will involve collaborating with various business units to understand their needs and deliver tailored solutions that enhance value while maintaining strict compliance standards. You will guide your team through complex sourcing projects—from tender management to contract negotiation—ensuring that every step aligns with company policies and regulatory frameworks. By championing supplier governance and driving cost optimisation initiatives using advanced ERP tools like SAP, you will help streamline operations and foster stronger partnerships across the supply chain. Success in this role requires exceptional interpersonal skills for stakeholder engagement as well as a commitment to nurturing talent within your team. You will also be responsible for maintaining audit readiness by ensuring all documentation is accurate and up-to-date. This position offers exposure to senior leadership decision-making processes and provides opportunities for professional growth into broader finance or regional roles.

• Oversee the end-to-end procurement function including strategic sourcing, tender management, supplier negotiations, contract management, policy compliance, audit readiness, and purchase order approvals.
• Develop and implement procurement strategies that align with organisational goals while ensuring adherence to regulatory requirements and best practices.
• Collaborate closely with Legal, Compliance, Risk Management, Finance, IT Security, HR, Operations, and Regional Procurement teams to support business needs and drive cross-functional initiatives.
• Manage supplier relationships by conducting performance reviews, coordinating third-party risk assessments, and ensuring effective supplier governance.
• Drive cost optimisation through rigorous analysis of spend data and identification of savings opportunities across all categories.
• Lead the procurement team by providing guidance, mentorship, training opportunities, and fostering a supportive culture focused on continuous improvement.
• Ensure procurement processes are efficient and compliant with internal policies as well as external regulations; maintain audit readiness at all times.
• Champion digital transformation initiatives within procurement by leveraging ERP systems (preferably SAP) for process automation and data-driven decision making.
• Coordinate contract negotiations with suppliers to secure favourable terms while mitigating risks associated with third-party engagements.
• Report regularly to senior management on procurement performance metrics, project progress, risk mitigation efforts, and cost-saving achievements.

What you bring:

The ideal candidate for Head of Procurement brings extensive experience from reputable organisations within regulated sectors such as insurance or financial services. Your background demonstrates stability through long tenures at previous employers coupled with deep expertise in strategic sourcing activities. You possess advanced knowledge of ERP systems—especially SAP—and have successfully led implementation projects that improved process efficiency. Your interpersonal abilities enable you to connect seamlessly with colleagues across multiple departments while acting as a dependable partner who supports business objectives. As an empathetic leader committed to nurturing talent within your team you foster an environment where knowledge sharing thrives alongside professional development. Your analytical approach ensures that cost optimisation initiatives are grounded in robust data analysis while maintaining high standards of compliance throughout all procurement activities. You excel at managing supplier relationships—including third-party risk coordination—and consistently deliver results that strengthen organisational resilience against external risks.

• Minimum 8–10 years’ experience in procurement within regulated industries such as financial services or insurance; proven track record of stability (minimum three years per employer).
• Demonstrated expertise in strategic sourcing, tender management, supplier negotiations, contract administration, policy compliance, audit preparation, and cost optimisation.
• Experience implementing ERP systems (SAP preferred), including process automation and data analytics for procurement decision-making.
• Strong interpersonal skills with the ability to collaborate effectively across Finance, Legal, Compliance, Risk Management, IT Security, HR, Operations—and act as a trusted advisor to internal clients.
• Excellent stakeholder management capabilities; able to build consensus among diverse groups while delivering results aligned with organisational objectives.
• Leadership experience managing direct reports; skilled at mentoring teams through change management initiatives while promoting knowledge sharing and professional development.
• Deep understanding of procurement governance frameworks; able to ensure compliance with both internal policies and external regulations at all times.
• Analytical mindset capable of interpreting spend data to identify savings opportunities without compromising quality or service levels.
• Ability to coordinate third-party risk assessments; familiar with supplier performance evaluation methodologies used in regulated environments.
• Effective communication skills for reporting progress on projects to senior management; adept at presenting complex information clearly.

What sets this company apart:

This organisation stands out for its unwavering commitment to ethical conduct and collaborative teamwork within the financial services sector. Employees benefit from a workplace culture that prioritises governance-driven decision making alongside customer-centric values—ensuring every action supports both client satisfaction and regulatory compliance. The company invests heavily in employee development through ongoing training opportunities designed to nurture future leaders who can contribute meaningfully across departments. Flexible working arrangements allow staff members to balance personal commitments while enjoying generous transportation allowances plus comprehensive medical insurance coverage. Performance bonuses reward those who go above-and-beyond in delivering value through innovative solutions or operational efficiencies. With clear pathways for career progression into broader finance or regional leadership roles this is an environment where your contributions are recognised—and your growth supported—by knowledgeable colleagues dedicated to shared success.

What's next:

If you are ready to take your procurement career to new heights within an inclusive organisation that values collaboration and integrity apply now!

Apply today by clicking on the link provided.

Due to the high volume of applications we are experiencing, our team will only be in touch with you if your application is shortlisted.