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- 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 flexibility 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: Work in vibrant locations in central London and Surrey.
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.
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 ability to navigate challenges and deliver results, as this will showcase your suitability for the role.
✨Tip Number 4
Research the company’s culture and values. Understanding their approach to procurement and business transformation will allow you to tailor your discussions and show how you align with their objectives.
We think you need these skills to ace Procurement Manager - IT
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in procurement transformation and complex business projects. Use specific examples that demonstrate your ability to manage end-to-end sourcing processes and build relationships with stakeholders.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the financial services sector and your experience with third-party delivery. Mention how you can contribute to cost-saving initiatives and effective demand management.
Showcase Relevant Skills: Highlight skills such as negotiation, stakeholder management, and strategic sourcing in your application. Provide concrete examples of how you've successfully implemented these skills in previous roles.
Follow Application Instructions: Ensure you follow all application instructions provided by the company. This includes submitting your application through the specified channels on our website and including any requested documents.
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 with complex business transformation projects. Prepare examples that demonstrate your ability to lead end-to-end sourcing processes and how you've successfully managed stakeholder relationships in previous roles.
✨Prepare for Negotiation Scenarios
Since negotiating commercial and contractual terms is a key part of the role, be ready to discuss your negotiation strategies. Consider preparing a case study or example where you achieved significant savings or improved terms for your previous employer.
✨Emphasise Collaboration Skills
Collaboration with category managers and other stakeholders is crucial. Be prepared to discuss how you've worked effectively in teams to ensure that procurement activities align with broader corporate objectives, particularly in IT and Professional Services.
