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- Tasks: Lead strategic sourcing projects and build relationships with stakeholders.
- Company: Join a top-tier Financial Services client known for innovation and transformation.
- Benefits: Enjoy a hybrid work model and competitive perks in a dynamic environment.
- Why this job: Be part of impactful projects that drive business transformation and cost savings.
- Qualifications: Experience in procurement and business transformation is essential.
- Other info: Work in central London or Surrey, with flexible office days.
The predicted salary is between 43200 - 72000 £ per year.
An exciting opportunity for an experienced Procurement transformation professional with a highly respected Financial Services client. We are partnering with a leading Financial Services client in the search for an experienced Procurement Manager with business transformation experience. We are looking for Procurement professionals who have demonstrable experience in complex business transformation projects. This is not a category-led role; you will be working on projects that require outsourcing and third-party delivery across a range of supply commodities including external consulting, finance systems, marketing, IT and HR.
You will be delivering business partnering and commercial support to the business for complex sourcing requirements, which requires delivery of end-to-end procurement process, normally involving the running of sourcing events. You will be capable of developing a deep understanding of business needs and building clear credible relationships with senior stakeholders.
Responsibilities:- Establish strong relationships with key stakeholders to understand business needs, cost saving opportunities, deliver effective demand management and address third party risk management (TPRM) matters.
- Lead and manage end to end strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing event, following formal sourcing processes and handing off to the business and Supplier Relationship Management (SRM).
- Proactive identification of new sourcing initiatives through deep relationships with business leads and the change team.
- Negotiating commercial and contractual terms with third parties.
- Enabling budget holders to optimise their budgets and deliver business requirements at best value with minimised risk.
- Identifying and delivering cost saving and cost avoidance opportunities to meet budget holder targets, producing MI as required.
- Collaborating with Procurement category managers to ensure that transformation projects are complementary to their activities in the IT, Professional Services and Corporate Services categories, reflecting corporate objectives.
Our client operates a hybrid working model of 2 days a week in the office and have locations in central London and Surrey.
Procurement Manager - IT employer: Beaumont Select Ltd
Contact Detail:
Beaumont Select Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - IT
✨Tip Number 1
Network with professionals in the procurement and financial services sectors. Attend industry events or webinars to connect with potential colleagues and stakeholders, as building relationships is crucial for this role.
✨Tip Number 2
Familiarise yourself with the latest trends in procurement transformation, especially in IT and financial services. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific examples of complex sourcing projects you've managed. Highlight your experience in stakeholder management and how you've successfully navigated challenges in previous roles.
✨Tip Number 4
Research the company’s values and objectives. Tailor your discussions to show how your skills and experiences align with their goals, particularly in delivering cost-saving initiatives and managing third-party risks.
We think you need these skills to ace Procurement Manager - IT
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills. Tailor your application to highlight your experience in procurement transformation and complex sourcing projects.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with end-to-end procurement processes, stakeholder management, and any successful cost-saving initiatives you've led. Use specific examples to demonstrate your impact.
Showcase Relationship Building Skills: Since the role requires establishing strong relationships with stakeholders, include examples of how you've successfully built and maintained professional relationships in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in procurement roles.
How to prepare for a job interview at Beaumont Select Ltd
✨Understand the Business Needs
Before the interview, research the company and its procurement processes. Be prepared to discuss how you can identify and address their specific business needs, especially in relation to cost-saving opportunities and third-party risk management.
✨Showcase Your Transformation Experience
Highlight your experience in managing complex business transformation projects. Prepare examples that demonstrate your ability to lead end-to-end sourcing processes and how you've successfully navigated challenges in previous roles.
✨Build Relationships with Stakeholders
Emphasise your skills in building strong relationships with senior stakeholders. Be ready to discuss strategies you've used to establish credibility and trust, as well as how these relationships have led to successful procurement outcomes.
✨Prepare for Negotiation Scenarios
Since negotiating commercial and contractual terms is a key part of the role, prepare for potential negotiation scenarios. Think about your approach to achieving the best value while minimising risk, and be ready to share relevant experiences.
