Procurement Specialist

Procurement Specialist

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Find the best goods and services for businesses while managing budgets and supplier relationships.
  • Company: Join a leading global FinTech organization known for innovative software solutions.
  • Benefits: Enjoy a long contract, hybrid work, and free breakfast at the office.
  • Why this job: This role offers a chance to impact profitability and build valuable supplier relationships in a dynamic environment.
  • Qualifications: You need certified purchasing qualifications and 5-10 years of experience in procurement.
  • Other info: Located in central London with a vibrant office culture.

The predicted salary is between 36000 - 60000 £ per year.

Our client is a global FinTech organisation supplying a range of software products to the B2B and B2C marketplace. They are now seeking a Procurement Specialist for a 12-month contract located at their impressive UK headquarters in central London. This is a hybrid role with 2 days a week in the office.

Duties

  • Specialize in finding goods and services for businesses at the best price, including office supplies, inventory, and large-scale purchases like real estate.
  • Meet budgetary constraints and increase profitability.
  • Issue purchase orders based on requirements from manufacturing, operations, or project management divisions within the company.
  • Assess the performance of suppliers in responding to demands and develop long-term relationships.
  • Assist in the preparation and analysis of contracts.
  • Work closely with all areas of upper management, accounting departments, finance departments, and outside vendors.
  • Track and monitor inventory needs to determine when to order or purchase new items.

Qualifications

  • Certified purchasing qualifications such as CPP, CPPM, and CPPC.
  • 5-10 years as a Procurement/Purchasing Specialist.
  • FinTech background and B2B experience would be very useful.

Benefits

  • Long contract with possible extension.
  • Hybrid role.
  • Free breakfast.

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Procurement Specialist employer: Solar Power Partners

Join a leading global FinTech organization that values innovation and collaboration, offering a dynamic work environment at our stunning UK headquarters in central London. As a Procurement Specialist, you'll enjoy a hybrid work model, competitive benefits including free breakfast, and the opportunity to grow your career while working closely with upper management and diverse teams. With a focus on employee development and long-term relationships, this role is perfect for those seeking meaningful and rewarding employment in a thriving industry.
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Contact Detail:

Solar Power Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Specialist

✨Tip Number 1

Familiarize yourself with the specific software products and services offered by the FinTech industry. Understanding the market will help you demonstrate your knowledge during interviews and show how you can contribute to the company's procurement strategies.

✨Tip Number 2

Network with professionals in the FinTech sector, especially those who have experience in procurement. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into best practices in procurement within this niche.

✨Tip Number 3

Highlight your experience with supplier relationship management. Be prepared to discuss specific examples of how you've successfully assessed supplier performance and built long-term partnerships that benefited your previous employers.

✨Tip Number 4

Since this role involves collaboration with various departments, practice articulating how you can effectively communicate and work with upper management, finance, and operations teams. Show that you can be a bridge between different areas of the business.

We think you need these skills to ace Procurement Specialist

Negotiation Skills
Supplier Relationship Management
Cost Analysis
Contract Management
Inventory Management
Budgeting and Financial Acumen
Analytical Skills
Attention to Detail
Communication Skills
Project Management
Problem-Solving Skills
Knowledge of Procurement Software
Understanding of B2B and FinTech Markets
Time Management
Adaptability

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Procurement Specialist position. Understand the key responsibilities and qualifications required, especially the importance of budget management and supplier relationships.

Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in procurement or purchasing, particularly in the FinTech sector. Mention specific examples where you successfully managed budgets or developed supplier relationships.

Showcase Certifications: If you hold any certified purchasing qualifications like CPP, CPPM, or CPPC, make sure to highlight these prominently in your application. This will demonstrate your expertise and commitment to the field.

Tailor Your Application: Customize your cover letter to reflect your understanding of the company's needs and how your skills align with their goals. Mention your ability to work in a hybrid environment and your readiness to collaborate with various departments.

How to prepare for a job interview at Solar Power Partners

✨Showcase Your Procurement Expertise

Make sure to highlight your experience in procurement, especially any specific achievements or projects that demonstrate your ability to find goods and services at the best price. Discuss how you've met budgetary constraints in previous roles.

✨Understand the FinTech Landscape

Since the company operates in the FinTech sector, familiarize yourself with industry trends and challenges. Be prepared to discuss how your background aligns with their needs and how you can contribute to their success.

✨Emphasize Relationship Building

Talk about your experience in developing long-term relationships with suppliers and stakeholders. Provide examples of how you've assessed supplier performance and improved collaboration across departments.

✨Prepare for Behavioral Questions

Expect questions that assess your problem-solving skills and ability to work under pressure. Use the STAR method (Situation, Task, Action, Result) to structure your responses and illustrate your capabilities effectively.

Procurement Specialist
Solar Power Partners
S
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