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- Tasks: Lead strategic sourcing projects and manage relationships with key stakeholders.
- Company: Join an award-winning UK Financial Services Company making waves in the industry.
- Benefits: Enjoy a hybrid work model and competitive day rates.
- Why this job: Be part of impactful projects while developing your procurement skills in a dynamic environment.
- Qualifications: Significant procurement experience and knowledge of sourcing strategies are essential.
- Other info: This is a short-term contract, perfect for gaining valuable experience.
3-4 months contract (day rate inside IR35)
Location - London or Reigate
Hybrid role
This award-winning specialist UK Financial Services Company are seeking a Procurement Manager for a short-term interim contract. 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.
Key Activities- 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.
- Significant Procurement experience
- Strategic sourcing experience across multiple categories, with focus on enterprise scale third party providers and outsourcers
- Demonstrable knowledge and understanding of developing and deploying sourcing strategies, financial concepts and the ability to contribute to business cases
- Financial Services background helpful, as well as knowledge of regulatory guidelines for third party management (PRA, FCA)
- Previous experience of S2P or P2P systems is helpful
- Experience of complex transformation projects, involving outsourcing and offshoring
- Excellent stakeholder management
Procurement Manager ( 3 months+ ) employer: The Curve Group
Contact Detail:
The Curve Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager ( 3 months+ )
✨Tip Number 1
Network with professionals in the procurement field, especially those who have experience in financial services. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in procurement.
✨Tip Number 2
Familiarise yourself with the specific procurement processes and regulations relevant to the financial services sector. Understanding the PRA and FCA guidelines will give you an edge when discussing your expertise with stakeholders.
✨Tip Number 3
Prepare to discuss your previous experiences in managing end-to-end procurement processes. Be ready to share specific examples of how you've successfully led sourcing projects and built relationships with senior stakeholders.
✨Tip Number 4
Research the company’s recent projects and initiatives in procurement. This knowledge will help you tailor your conversations and demonstrate your genuine interest in contributing to their goals during interviews.
We think you need these skills to ace Procurement Manager ( 3 months+ )
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your significant procurement experience and strategic sourcing skills. Emphasise any relevant projects you've managed, especially those involving third-party providers or outsourcing.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the key activities mentioned in the job description. Discuss your ability to establish strong relationships with stakeholders and your experience in negotiating commercial terms.
Showcase Relevant Skills: Highlight specific skills that are crucial for this role, such as stakeholder management, cost-saving initiatives, and knowledge of financial services regulations. Use examples from your past experiences to demonstrate these skills.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your attention to detail, which is vital for a Procurement Manager role.
How to prepare for a job interview at The Curve Group
✨Understand the Procurement Landscape
Familiarise yourself with the latest trends and challenges in procurement, especially within the financial services sector. This will help you demonstrate your knowledge during the interview and show that you're proactive about staying informed.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully built relationships with senior stakeholders in previous roles. Highlight specific instances where your communication and negotiation skills led to successful outcomes.
✨Be Ready to Discuss Sourcing Strategies
Think about the sourcing strategies you've developed or implemented in the past. Be prepared to discuss how you approached complex sourcing projects and the results you achieved, particularly in terms of cost savings and risk management.
✨Demonstrate Your Financial Acumen
Since this role involves optimising budgets and understanding financial concepts, be ready to discuss your experience with financial analysis and how it has influenced your procurement decisions. This will show your ability to contribute to business cases effectively.
