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- Tasks: Lead strategic procurement projects and negotiate with suppliers to drive efficiencies.
- Company: Join a leading financial services organisation with a collaborative culture.
- Benefits: Hybrid working model, exposure to strategic initiatives, and career growth opportunities.
- Other info: Opportunity to work in a respected procurement function within the financial services sector.
- Why this job: Make an impact in a dynamic environment while enhancing supplier relationships.
- Qualifications: Experience in procurement, strong negotiation skills, and stakeholder management.
The predicted salary is between 50000 - 60000 £ per year.
We are partnering with a leading financial services organisation to appoint an experienced Procurement / Commercial Manager on a 12-month fixed-term contract basis. Working closely with the Senior Procurement Manager and key business stakeholders, you will lead strategic third-party engagements across allocated business units. This role combines procurement delivery, commercial negotiation, supplier management, and business partnering within a highly collaborative and fast-paced environment.
You will support the development and execution of procurement strategies across a range of Indirect categories, enhance supplier relationships, and ensure strong governance and regulatory compliance across the supply chain.
Key Responsibilities:- Support the development and delivery of procurement strategy across indirect spend categories.
- Lead procurement projects and commercial initiatives to deliver efficiencies and cost savings.
- Manage supplier relationships throughout procurement activities and contract lifecycles.
- Negotiate and execute complex commercial agreements with strategic suppliers.
- Build strong partnerships with business stakeholders and central functions including Legal, IT Security, and Financial Crime.
- Identify market trends, commercial opportunities, and innovative supplier solutions.
- Drive continuous improvement across procurement processes and ways of working.
- Support third-party risk management and governance activities.
- Contribute to the development of a robust and commercially effective supplier ecosystem.
We are looking for a commercially astute procurement professional with strong stakeholder management skills and experience operating within complex corporate environments. You will ideally have:
- Strong knowledge of strategic procurement and category management methodologies.
- Experience managing indirect spend and complex supplier relationships.
- Proven commercial negotiation and contract management experience.
- Strong analytical and problem-solving capabilities with the ability to translate data into actionable insight.
- Excellent communication and influencing skills across senior stakeholders.
- Experience delivering procurement savings and efficiencies against targets.
- Ability to operate effectively within matrix or virtual team environments.
- Experience within financial services or broader professional/services-based organisations.
- Knowledge of UK financial services regulatory and legislative frameworks.
- Relevant professional qualification such as MCIPS or MBA.
Opportunity to join a well-established and respected procurement function. Exposure to strategic procurement and transformation initiatives. Hybrid working model with London-based office collaboration. Collaborative and forward-thinking environment.
If you are an experienced procurement professional looking for your next contract opportunity within a dynamic financial services environment, we would love to hear from you.
Procurement Manager - 12 mth FTC in London employer: Beaumont Select Ltd
Contact Detail:
Beaumont Select Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - 12 mth FTC in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for those interviews by researching the company and its procurement strategies. Show them you’re not just another candidate; you’re someone who understands their business and can bring real value to the table.
✨Tip Number 3
Practice your negotiation skills! Since this role involves complex commercial agreements, being able to demonstrate your negotiation prowess during interviews can really set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love hearing from talented procurement professionals like you!
We think you need these skills to ace Procurement Manager - 12 mth FTC in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Manager role. Highlight your experience in strategic procurement and supplier management, as well as any relevant achievements that showcase your skills in negotiation and stakeholder management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that align with the job description and show how you can contribute to our team.
Showcase Your Analytical Skills: Since the role requires strong analytical capabilities, be sure to include examples of how you've used data to drive decisions or improve processes in your previous roles. This will demonstrate your ability to translate insights into actionable strategies.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out on joining our collaborative environment!
How to prepare for a job interview at Beaumont Select Ltd
✨Know Your Procurement Strategies
Before the interview, brush up on your knowledge of strategic procurement and category management methodologies. Be ready to discuss how you've applied these in past roles, especially in managing indirect spend and complex supplier relationships.
✨Showcase Your Negotiation Skills
Prepare specific examples of complex commercial agreements you've negotiated. Highlight the outcomes, such as cost savings or improved supplier relationships, to demonstrate your commercial acumen and problem-solving capabilities.
✨Understand the Regulatory Landscape
Familiarise yourself with the UK financial services regulatory frameworks relevant to procurement. This will show that you’re not only knowledgeable but also aware of the compliance aspects that are crucial in this role.
✨Build Rapport with Stakeholders
Think about how you can build strong partnerships with business stakeholders. Prepare to discuss your approach to influencing senior stakeholders and how you’ve successfully collaborated across functions like Legal and IT Security in previous roles.