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- Tasks: Lead strategic sourcing projects and build relationships with stakeholders to meet business needs.
- Company: Beaumont Select is a top recruitment agency specialising in Supply Chain & Purchasing roles.
- Benefits: Enjoy a hybrid working model with flexible office days in London or Surrey.
- Why this job: Join a respected financial services client and make a real impact on business transformation.
- Qualifications: Experience in procurement and complex business transformation projects is essential.
- Other info: Contact Craig Gallagher for more details about this exciting opportunity.
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 involves end-to-end procurement processes, typically including sourcing events. You should be capable of developing a deep understanding of business needs and building credible relationships with senior stakeholders.
Responsibilities:- Establish strong relationships with key stakeholders to understand business needs, identify cost-saving opportunities, manage demand effectively, and address third-party risk management (TPRM) issues.
- Lead and manage end-to-end strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing methods, following formal processes, and transitioning projects to the business and Supplier Relationship Management (SRM).
- Proactively identify new sourcing initiatives through strong relationships with business leads and the change team.
- Negotiate commercial and contractual terms with third parties.
- Support budget holders in optimizing their budgets and delivering business requirements at the best value with minimized risks.
- Identify and deliver cost-saving and cost-avoidance opportunities to meet budget targets, and produce MI reports as required.
- Collaborate with Procurement category managers to ensure transformation projects align with activities in IT, Professional Services, and Corporate Services categories, reflecting corporate objectives.
Our client operates a hybrid working model with 2 days a week in the office, with locations in central London and Surrey.
Procurement Manager - Business Transformation employer: Beaumont Select
Contact Detail:
Beaumont Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - Business Transformation
✨Tip Number 1
Network with professionals in the financial services sector, especially those involved in procurement and business transformation. 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 challenges and opportunities within procurement transformation in financial services. Understanding the nuances of outsourcing and third-party delivery will help you stand out during discussions with stakeholders.
✨Tip Number 3
Prepare to discuss your experience in managing complex sourcing projects. Be ready to share specific examples of how you've successfully navigated stakeholder relationships and delivered cost-saving initiatives in previous roles.
✨Tip Number 4
Research the company culture and values of our client. Tailoring your approach to align with their corporate objectives will demonstrate your commitment and understanding of their business needs, making you a more attractive candidate.
We think you need these skills to ace Procurement Manager - Business Transformation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in procurement transformation projects. Focus on specific examples where you've successfully managed end-to-end sourcing processes and built relationships with senior stakeholders.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the financial services sector and how your skills align with the responsibilities outlined in the job description. Mention your ability to identify cost-saving opportunities and manage third-party risks.
Showcase Relevant Experience: When detailing your work history, include quantifiable achievements related to procurement and business transformation. Highlight any successful negotiations or strategic sourcing initiatives that demonstrate your capability in this area.
Prepare for Potential Questions: Anticipate questions related to your experience with complex sourcing requirements and stakeholder management. Be ready to discuss specific projects and the outcomes you achieved, as well as your approach to overcoming challenges in procurement.
How to prepare for a job interview at Beaumont Select
✨Understand the Business Transformation Landscape
Familiarise yourself with the key concepts of business transformation, especially in the context of procurement. Be prepared to discuss your previous experiences in managing complex transformation projects and how they align with the needs of the financial services sector.
✨Build Relationships with Stakeholders
Demonstrate your ability to establish strong relationships with senior stakeholders. Prepare examples of how you've successfully collaborated with various teams to understand their needs and deliver effective procurement solutions.
✨Showcase Your Negotiation Skills
Be ready to discuss your approach to negotiating commercial and contractual terms with third parties. Highlight specific instances where your negotiation skills led to significant cost savings or improved contract terms.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities in procurement. Think about past challenges you've faced in sourcing projects and how you overcame them, particularly in relation to risk management and budget optimisation.
