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- Tasks: Lead strategic procurement projects and manage supplier relationships in a fast-paced environment.
- Company: Join a leading financial services organisation with a respected procurement function.
- Benefits: Enjoy hybrid working, exposure to transformation initiatives, and a collaborative culture.
- Other info: Great opportunity for career growth in a dynamic and innovative setting.
- Why this job: Make a real impact by driving efficiencies and cost savings in procurement.
- Qualifications: Experience in procurement, strong negotiation skills, and stakeholder management.
The predicted salary is between 50000 - 60000 ÂŁ 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.
About You
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.
Desirable Experience
- Knowledge of UK financial services regulatory and legislative frameworks.
- Relevant professional qualification such as MCIPS or MBA.
What is on Offer
- 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.
Procurement Manager - 12 mth FTC employer: Beaumont Select
Contact Detail:
Beaumont Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - 12 mth FTC
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about unadvertised roles or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Be ready to discuss how your experience aligns with their needs, especially around supplier management and cost savings. Show them you mean business!
✨Tip Number 3
Practice your negotiation skills! Since this role involves complex commercial agreements, brush up on your techniques. Role-play scenarios with a friend to build confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you stand out, and applying directly shows your enthusiasm for the role. Plus, it’s a great way to keep track of your applications.
We think you need these skills to ace Procurement Manager - 12 mth FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Manager. Highlight your experience in managing indirect spend and complex supplier relationships, as well as any relevant achievements in procurement savings.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your commercial negotiation skills and how you've built strong partnerships with stakeholders in the past. Make it personal and engaging!
Showcase Your Analytical Skills: Since the role requires strong analytical capabilities, include examples of how you've translated data into actionable insights. This will demonstrate your problem-solving skills and ability to drive efficiencies.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing talent out there!
How to prepare for a job interview at Beaumont Select
✨Know Your Procurement Strategies
Make sure you brush up on your knowledge of strategic procurement and category management methodologies. Be ready to discuss how you've successfully developed and executed procurement strategies in the past, especially in managing indirect spend.
✨Showcase Your Negotiation Skills
Prepare examples of complex commercial agreements you've negotiated. Highlight your approach to achieving cost savings and efficiencies, as well as how you managed supplier relationships throughout the contract lifecycle.
✨Understand Stakeholder Management
Familiarise yourself with the key business stakeholders you'll be working with. Think about how you can build strong partnerships and communicate effectively across different functions, including Legal and IT Security.
✨Stay Ahead of Market Trends
Research current market trends and innovative supplier solutions relevant to the financial services sector. Be prepared to discuss how you can identify commercial opportunities and drive continuous improvement in procurement processes.