At a Glance
- Tasks: Lead procurement strategies, manage supplier relationships, and drive operational efficiency.
- Company: Tide is a fast-growing business management platform for small businesses, empowering over 1 million users globally.
- Benefits: Enjoy flexible working, share options, health insurance, and a generous L&D budget.
- Why this job: Join a dynamic team focused on innovation and community, making a real impact on small businesses.
- Qualifications: Proven procurement experience, strong negotiation skills, and relevant industry certifications are preferred.
- Other info: Embrace a diverse and inclusive culture where every voice matters.
The predicted salary is between 54000 - 84000 £ per year.
At Tide, we are building a business management platform designed to save small businesses time and money. We provide our members with business accounts and related banking services, but also a comprehensive set of connected administrative solutions from invoicing to accounting. Launched in 2017, Tide is now used by over 1 million small businesses across the world and is available to UK, Indian and German SMEs. Headquartered in central London, with offices in Sofia, Hyderabad, Delhi, Berlin and Belgrade, Tide employs over 2,000 employees. Tide is rapidly growing, expanding into new products and markets and always looking for passionate and driven people. Join us in our mission to empower small businesses and help them save time and money.
Tide is growing rapidly, and the finance team is expanding to support the business's financial performance. The Head of Procurement will play a key role in driving operational efficiency by developing and implementing procurement strategies, managing supplier relationships, and driving continuous improvement.
As the Head of Procurement, you will build and lead a supplier management function that spans the entire lifecycle - from due diligence and supplier selection to price negotiation, contract management, performance monitoring, and renegotiations. You'll also be responsible for selecting and implementing procurement software, optimising systems, and tracking supplier performance.
As the Head of Procurement you'll be:
- Building and leading procurement operations: Overseeing supplier lifecycle management, from selection to ongoing contract management and renegotiation.
- Supplier relationship management: Negotiating contracts, building strong partnerships, and ensuring continuous improvement in quality, cost, and delivery.
- Process improvement: Implementing robust systems and policies, including purchase order systems and supplier relationship software.
- Collaboration: Working closely with internal teams to ensure alignment with procurement strategies.
- Team leadership: Leading and developing a high-performance procurement team.
- Tracking performance: Analysing procurement metrics and providing regular reports on savings and performance.
WHAT WE ARE LOOKING FOR
- A strong track record of developing and executing procurement strategies that deliver measurable cost savings and long-term value.
- Demonstrated expertise in negotiation and contract management, with a focus on risk mitigation and commercial value.
- Deep understanding of procurement best practices, tools, and methodologies.
- Relevant industry certifications (e.g., CIPS, CPSM) are highly desirable.
- Extensive hands-on experience in procurement across categories and/or geographies.
- Strong analytical and problem-solving capabilities, with sound decision-making judgment.
- Proven ability to manage competing priorities and thrive in a dynamic, fast-paced environment.
- Exceptional stakeholder management and leadership skills, with the ability to influence at all levels.
WHAT YOU WILL GET IN RETURN
- Flexible working options
- Share options
- Group Life Insurance
- Vitality Health Insurance, with a proactive focus on mental and physical wellbeing
- 25 days holiday with the ability to buy extra days
- 3 days for L&D or volunteering time off per year
- We invest in your development with a £1,000 professional L&D budget per year
- Access to 'salary sacrifice' benefits such as Cycle to Work scheme and pension contribution
- Spacious brand-new office near Old Street with an all-day snacks bar
- Enhanced family-friendly leave
- Sabbatical leave
At Tide, we champion a flexible workplace model that supports both in-person and remote work to cater to the specific needs of our different teams. While remote work is supported, we believe in the power of face-to-face interactions to foster team spirit and collaboration. Our offices are designed as hubs for innovation and team-building, where we encourage regular in-person gatherings to foster a strong sense of community.
At Tide, we believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We consider everyone irrespective of their ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or differently-abled status. We celebrate diversity in our workforce as a cornerstone of our success. Our commitment to a broad spectrum of ideas and backgrounds is what enables us to build products that resonate with our members' diverse needs and lives. We are One Team and foster a transparent and inclusive environment, where everyone's voice is heard.
Head of Procurement | London, UK employer: Careers at Tide
Contact Detail:
Careers at Tide Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Procurement | London, UK
✨Tip Number 1
Familiarise yourself with Tide's mission and values. Understanding how they empower small businesses will help you align your procurement strategies with their goals, making you a more attractive candidate.
✨Tip Number 2
Network with current or former employees of Tide on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Head of Procurement role.
✨Tip Number 3
Stay updated on the latest procurement trends and technologies. Being knowledgeable about innovative procurement software and best practices will demonstrate your commitment to continuous improvement, which is crucial for this role.
✨Tip Number 4
Prepare to discuss specific examples of your past successes in procurement. Highlight measurable cost savings and improvements you've achieved, as this will showcase your ability to deliver value in line with Tide's objectives.
We think you need these skills to ace Head of Procurement | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement, supplier management, and negotiation. Use specific examples that demonstrate your ability to deliver cost savings and implement effective strategies.
Craft a Compelling Cover Letter: In your cover letter, express your passion for supporting small businesses and how your skills align with Tide's mission. Mention your track record in developing procurement strategies and your leadership experience.
Highlight Relevant Certifications: If you have any industry certifications like CIPS or CPSM, be sure to mention them prominently in your application. This shows your commitment to professional development and expertise in procurement best practices.
Showcase Analytical Skills: Provide examples of how you've used analytical skills to track performance metrics and drive process improvements in previous roles. This will demonstrate your capability to thrive in a dynamic environment like Tide.
How to prepare for a job interview at Careers at Tide
✨Showcase Your Procurement Expertise
Make sure to highlight your experience in developing and executing procurement strategies. Be prepared to discuss specific examples where you've delivered measurable cost savings and long-term value, as this is crucial for the role.
✨Demonstrate Strong Negotiation Skills
Since the role involves significant contract management and negotiation, come equipped with examples of successful negotiations you've led. Discuss how you mitigated risks and added commercial value through these negotiations.
✨Emphasise Team Leadership Experience
As a Head of Procurement, you'll be leading a team. Share your experiences in team leadership, focusing on how you've developed high-performance teams and fostered collaboration within procurement operations.
✨Prepare for Process Improvement Discussions
Be ready to talk about your understanding of procurement best practices and tools. Discuss any systems or policies you've implemented that improved procurement processes, as this aligns with Tide's focus on operational efficiency.