At a Glance
- Tasks: Lead strategic sourcing projects and manage relationships with key stakeholders.
- Company: Join a top-tier Financial Services client known for innovation and transformation.
- Benefits: Enjoy a hybrid work model with flexible office days and competitive perks.
- 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: Opportunity to work in central London or Surrey, with a supportive team culture.
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 has locations in central London and Surrey.
If you would like to know more about this opportunity, please call Craig Gallagher on +44 (0)1403 248448.
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 understanding business needs.
✨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 negotiating commercial terms and managing stakeholder relationships, as these are key aspects of the role.
✨Tip Number 4
Research the company’s current procurement strategies and challenges. Tailoring your insights and suggestions to their specific context can set you apart and show that you're proactive and well-informed.
We think you need these skills to ace Procurement Manager - IT
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Procurement Manager position. Tailor your application to highlight your experience in business 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 cost-saving initiatives. Use specific examples that demonstrate your ability to lead strategic sourcing projects.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role. Discuss how your skills align with the company's needs and how you can contribute to their procurement transformation efforts.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. 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 and cost-saving opportunities.
✨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 deliver effective demand management.
✨Build Relationships with Stakeholders
Emphasise your skills in building strong relationships with senior stakeholders. Be ready to discuss how you have successfully collaborated with various teams to achieve common goals in previous roles.
✨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 strategies for achieving the best value while minimising risk.