Commercial Procurement Manager - Finance in London
Commercial Procurement Manager - Finance

Commercial Procurement Manager - Finance in London

London Full-Time 50000 - 65000 £ / year (est.) No home office possible
BBC Group and Public Services

At a Glance

  • Tasks: Lead procurement projects, develop stakeholder relationships, and drive cost-saving strategies.
  • Company: Join the BBC, a trusted media organisation with a commitment to innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborative culture with excellent career advancement opportunities.
  • Why this job: Make a real impact in a dynamic environment while shaping the future of procurement.
  • Qualifications: Experience in procurement, strong negotiation skills, and ability to analyse market trends.

The predicted salary is between 50000 - 65000 £ per year.

The role of the Commercial Procurement Manager - Finance involves repositioning the Commercial Procurement team to become a strategic enabler for the BBC, partnering with divisions across the group. The Finance function aims to be a trusted partner providing world-class financial insight that drives the BBC's mission and Value for All strategy, underpinned by four priorities:

  • Trusted business partnering
  • Data-driven insights and decision making
  • Outstanding talent and capabilities
  • Risk and control rigour

The Commercial Procurement Manager will partner with stakeholders to influence the appropriate sourcing approach by:

  • Driving third-party commercial strategy whilst navigating risk.
  • Operating independently while leading junior staff across a pipeline of defined category projects.
  • Ensuring BBC standards are met and public procurement regulations are followed.
  • Owning governance processes to ensure approval routes are navigated efficiently and effectively, resulting in the best outcome for the BBC.

Your Key Responsibilities & Impact:

  • Developing and maintaining key stakeholder relationships, ensuring effective communication and collaboration.
  • Preparing strategic presentations and reports for category stakeholders, providing data-driven insights and spend management recommendations.
  • Delivering procurement projects against plans from initiation to completion, ensuring they are delivered on time, within scope, and budget.
  • Identifying and mitigating project risks, escalating issues as necessary to senior management.
  • Maintaining good relationships with key suppliers, ensuring compliance with organisational policies and ethical standards.
  • Analysing market trends and data to identify cost-saving opportunities.
  • Developing and implementing strategic category and sourcing plans that align with business goals.
  • Establishing processes to navigate approval and governance processes.
  • Coordinating with internal category stakeholders to gather requirements and ensure alignment with business objectives.
  • Monitoring and reporting on procurement performance metrics for continuous improvement.
  • Conducting performance reviews and providing continual feedback to junior staff.

Your Skills and Experience:

  • Ability to manage business process outsourcing contracts and associated contract management activities for financial services.
  • Ability to negotiate commercial change and drive cost optimisation from financial service providers.
  • Ability to manage a daily relationship independently with one of BBC's key strategic relationships.
  • In-depth understanding of procurement processes in a public regulated environment.
  • Relevant project management skills for successful end-to-end delivery of procurement projects.
  • Significant interpersonal skills to develop and maintain relationships at all levels of the organisation.
  • Experience in managing a commercial relationship with suppliers, including managing volumetrics and validation of complex billing.
  • Ability to analyse data and apply it to market context and trends for actionable insights.
  • Experience in procurement software and tools.
  • Proven background of successfully delivering cost optimisation.

This job description is a written statement of the essential characteristics of the job, incorporating a note of the skills, knowledge, and experience required for satisfactory performance. It is not intended to be a complete, detailed account of all aspects of the duties involved.

Commercial Procurement Manager - Finance in London employer: BBC Group and Public Services

The BBC is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. With a commitment to employee growth, we provide ample opportunities for professional development and flexible working arrangements, ensuring a healthy work-life balance. Located in major hubs across the UK, our culture prioritises inclusivity and creativity, making it a rewarding place to contribute to meaningful projects that impact audiences worldwide.
BBC Group and Public Services

Contact Detail:

BBC Group and Public Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Procurement Manager - Finance in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working at the BBC. A friendly chat can open doors and give you insider info on what they're really looking for.

✨Tip Number 2

Prepare for interviews by practising common questions related to procurement and finance. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.

✨Tip Number 3

Showcase your analytical skills! Be ready to discuss how you've used data to drive decisions in past roles. Bring examples of cost-saving initiatives or successful projects to the table during interviews.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining the team and makes it easier for us to track your progress.

We think you need these skills to ace Commercial Procurement Manager - Finance in London

Stakeholder Management
Data Analysis
Strategic Sourcing
Project Management
Risk Management
Supplier Relationship Management
Cost Optimisation
Procurement Process Knowledge
Interpersonal Skills
Negotiation Skills
Procurement Software Proficiency
Performance Metrics Monitoring
Communication Skills
Market Trend Analysis

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight how your skills and experience align with the role of Commercial Procurement Manager. We want to see how you can bring value to our team!

Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of your successes in procurement. We love numbers, so if you’ve saved costs or improved processes, let us know!

Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your writing is easy to read and free from jargon. This will help us understand your qualifications better.

Apply Through Our Website: For the best chance of success, apply directly through our website. It’s the easiest way for us to track your application and ensure it gets the attention it deserves!

How to prepare for a job interview at BBC Group and Public Services

✨Know Your Procurement Stuff

Make sure you brush up on your procurement knowledge, especially in a public regulated environment. Understand the key principles of commercial strategy and how they apply to the BBC's mission. This will help you answer questions confidently and show that you're the right fit for the role.

✨Showcase Your Stakeholder Skills

Prepare examples of how you've developed and maintained relationships with stakeholders in previous roles. The BBC values effective communication and collaboration, so be ready to discuss how you've influenced decisions and driven buy-in from various teams.

✨Data-Driven Insights are Key

Since the role involves providing data-driven insights, come prepared with examples of how you've used data to inform procurement decisions. Be ready to discuss market trends you've analysed and how you've identified cost-saving opportunities in past projects.

✨Demonstrate Project Management Prowess

Highlight your project management skills by discussing specific procurement projects you've led from initiation to completion. Emphasise your ability to manage risks, deliver on time, and stay within budget, as these are crucial for success in this role.

Commercial Procurement Manager - Finance in London
BBC Group and Public Services
Location: London

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