Head: Source to Procure

at  MultiChoice Group

Designation:
Head: Source to Procure
Category:
Group Finance
Level:
Closing date:
08 May 2024
Position Type:
Permanent
Location:
MultiChoice City

JOB DESCRIPTION:

The MultiChoice Group is a multinational media and entertainment group headquartered in South Africa, Dubai and the Netherlands with principal operations in pay television, video entertainment, advertising and content security. Brands within the Group include DStv, GOtv, SuperSport, M-Net, DStv Media Sales, Showmax and European-based content security leader Irdeto. We’re proud to say we serve 20 million subscribers across more than 50 African markets, with a successful history of identifying and adapting to industry trends, allowing us to continuously deliver the best in entertainment.
By joining our passionate and creative team, you can help us achieve our objectives of expanding our pay-TV and SVOD (Subscription Video On demand) subscriber bases, improving advertising sales, spearheading cutting-edge technology, supporting local content and providing an exceptional customer experience.
Join Africa’s most loved storyteller!

PURPOSE OF THE POSITION

• Provide leadership and direction across the organisation in terms of operational/transactional procurement, contracts management, demand planning, sourcing, category, and supplier management.
• Develop and ensure timely execution of category strategy and savings target achievement.
• Lead demand planning for all indirect spend across the group, Lead all aspects related to supplier contract management including sourcing, contract negotiations, supplier performance, review and lifecycle management.
  This role will drive continuous improvement projects and manage the technical aspects of governance within the Shared Service Centre.

Responsibilities of this position include, but are not limited to, those listed below:

• Be hierarchically responsible for procurement function and the overall governance framework.
• Develop the Procurement Strategy and develop business plans accordingly.
• Manage Internal and External Stakeholders/Customers (e.g. Business Requisitioners, Suppliers).
• Ensure that the execution of the transactional procurement processes (Vendor master data, central stores and tactical and strategic buying) is executed in compliance with best purchasing practices and policies and satisfies the needs of the business.
• Implement and monitor Procurement and Accounts Payable KPIs and dashboards.
• Provide input and oversee Coupa, Best Supplier reconciliation system, SAP and Process Director improvement initiatives as well as implement any new system requirements.
• Ensure Tax and Treasury requirements are met in all transactional procurement activities.
• Provide relevant reporting to Finance business partners and other business stakeholders.
• Act as an escalation point for transactional procurement and accounts payable enquires from both business and external suppliers.
• Support Sourcing in executing key objectives and spend targets.EFFICIENTLY MANAGE SOURCING ANDCONTRACTING ACTIVITIESDEMAND PLANNING
• Liaise with relevant business leaders, managers and finance managers on demand forecasts, inventory targets and lead times.
• Review MCG spend, historical data and external market analyses across applicable categories to determine trends and sourcing opportunities.
• Lead demand forecasting for indirect spend categories.
• Implement, review, monitor and report on the approved Demand Planning and Forecasting strategy.
• Develop negotiation, Total Cost of Ownership (TCO) and Life Cycle Cost (LCC) strategies and ensure implementation.
• Oversee the identification and realisation of cost reduction and cost saving opportunities and benchmarking of industry standards and practices to identify quick win opportunities and sustainability thereof, within each category.OPERATIONAL DELIVERYCONTRACT MANAGEMENTSTAKEHOLDER MANAGEMENTSUPPLIER MANAGEMENT
• Oversee the management of suppliers and identify opportunities for continuous improvement when required and facilitate commercial supplier performance management for strategic and preferred suppliers, where applicable.FINANCE SUPPORT
• Create a central reporting process for operating expenditure analytics and insights.
• Support Finance business partners to manage the operating expenditure budgets and forecasts.
• Take responsibility for the notes and commentary to External Reporting and Statutory Financials.
• Oversee the preparation of the BEE Consolidated scorecard for legal entities.
• Prepare relevant information to be sent to the Regulators.
• Consult with the Shared Services Central Accounting team to prepare and assist with internal and statutory audits.PROJECT MANAGEMENT
• Lead and managestrategic finance projects as determined by the Head of Finance Shared Services, including optimisation of internal finance processes to achieve efficient and effective processes and internal control.
• Manage ad hoc projects that arise on a continuing basis.
• Support the Finance Shared Services Innovation team in process improvements and governance initiatives.PEOPLE MANAGEMENT
• Oversee the activities of the Source to Procure (STP) team to ensure effective delivery of business outcomes.
• Oversee the compilation of the following information:
• Annual year-on-year savings and TCO reduction in category
• Suppliers’ compliance to quality & delivery requirements and share of spend
• Number of agreements handled per Category Manager
• Number of strategic sourcing initiatives
• Drive strategic planning across business areas to develop a comprehensive sourcing and Category Management strategy.
• Define and implement a Sourcing & Category Management Framework.
• Lead the development and monitor the execution of the Supplier and Contract Management Framework, including Supplier Relationship Management and Performance Management.
• Anticipate and plan for circumstances that may influence the development and implementation of the business plan and goals.
• Participate in Procurement Governance Bodies and escalate any relevant issues
• Determine prioritisation and management of sourcing initiatives.
• Work with Category managers to conceptualise, scope and launch strategic sourcing initiatives, based on analyses conducted and the overall impact to the company as directed.
• Ensure Category Benefit Tracking, to identify opportunities for cost savings and to measure the results of category sourcing and procurement initiatives.
• Conduct budget forecasting, planning, management and reporting of overall categories’ spend.
• Review strategic supplier selection recommendations and participate in the approval of selected suppliers
• Provide internal customers with focused insights regarding overall categories
• Work with business owners in providing technical specifications for category specific proposals and provide input to the RFx process.
• Oversee the analysis of supplier proposals/offerings, evaluations, ranking of suppliers and supplier recommendations based on their ability to meet or exceed business needs for the purpose of identifying and selecting the best fit for the group
• Manage and Implement eProcurement and eSourcing where relevant.
• Oversee the management of contract negotiations, performance management, reporting and terminations or extensions within each category.
• Work with Contract Managers to execute Contract Management as a part of Category Management/Supplier Management activities and ensure regional and local contract execution.
• Execute contract implementation in a way that maximizes future contract compliance.
• Monitor contract compliance and solve escalated issues with internal customers and suppliers.
• Manage relationships with executive leadership across the MCG Group.
• Keep appropriate communication line with leadership and other key stakeholders.
• Build relationships and interact with risk management, GRC, external audit and other assurance providers.
• Work with Risk & Compliance to review Supplier Risk Management.
• Act as a sourcing, category management and contract management advisor to the Finance community and business management.
• Ensure the development and management of cross-functional category teams in Strategic Sourcing.
• Develop business knowledge and staff within Sourcing & Category Management
• Manage the time required to complete strategic sourcing projects.
• Develop a high performing team by embedding formal Performance Optimisation process and informal coaching.
• Encourage frequent knowledge sharing between team members.
• Determine and analyse development needs for the team and ensure that identified training requirements are budgeted for and executed.
• Interview and recruit new members of the team, including determining appropriate compensation levels with input from Human Resources.
• Create effective workforce and recruitment demand plans to ensure that current and future business requirements can be met.
• When required, initiate disciplinary processes for team members calling on support from Human Capital when required.
• Resolve grievances raised by team members and escalate only if required.
• Address poor performance of any team member through the formal Performance Improvement Programme and ensure that continued poor performance is appropriately dealt with.
• Motivate team members and ensure that their efforts are recognised.QUALIFICATIONS
• A Post graduate qualification in Business Management, Financial Management or equivalent
• CIPS qualification or alternative qualification in Purchasing and Supply
• Certified Charted Accountant CA(SA), /MBA would be advantageousEXPERIENCE AND SKILLS
• 10 years of experience (Procurement, Strategic sourcing, Accounting, Finance or Business Administration), with at least 3 years of senior management experience in leading a Sourcing function
• Extensive experience and proven record in leading a Shared Services teams in a group of Companies
• Exposure to Coupa, SAP, MS Office, Lexmark OCR and Process Director
• Ability to leverage people and data to improve efficiency of risk identification
• Solid experience within a Procurement or Sourcing and Category Management environment TECHNICAL COMPETENCIES
• Technology acumen in Robotics Process Automation, Workflow automation, Business Intelligence and Analytics, advantageous
• Ability to manage diverse virtual teams
• Solid project management experience
• Practical knowledge of rights and corporate frameworks and continuous improvement methodologies
• Industry understanding and experience would be advantageous
• Sound business acumen
• Analytical skills
• In-depth expertise in reporting controls framework
• Process improvement
• Contract Management
• Category Management
• Risk Management
• Demand Planning and Forecasting
• Spend Management
• Strategic Sourcing
• Financial ManagementBEHAVIORAL COMPETENCIES
• Relationship Building
• Conflict Resolution
• Decision Making
• Critical Appraisal
• Holistic Thinking
• Persuading & Influence
• Coaching
• Strategic Thinking
• Networking
• Risk Management
• Negotiation Skills
• Future Orientate