At a Glance
- Tasks: Lead global procurement strategy and manage supplier relationships in a dynamic environment.
- Company: Growing professional services organisation with a focus on innovation.
- Benefits: Competitive salary, career growth opportunities, and a chance to shape the procurement function.
- Why this job: Make a real impact by optimising costs and enhancing supplier performance.
- Qualifications: Experience in procurement, strong negotiation skills, and ability to work independently.
- Other info: Join a collaborative team and help build scalable processes from the ground up.
The predicted salary is between 36000 - 60000 £ per year.
This role will establish and lead a global procurement function within a growing professional/financial services organisation. The Procurement Manager will define and execute procurement strategy, oversee all purchasing activity, and ensure strong governance, cost optimisation, supplier performance, and risk management.
Reporting to the Director of Legal and working closely with senior stakeholders internationally, the role will own the full vendor lifecycle, including onboarding, due diligence, contract negotiation, renewals, and ongoing supplier management. This is a newly created, standalone position requiring a hands-on, experienced procurement professional who can operate autonomously and build scalable processes from the ground up. There is significant scope to shape the function and grow with the organisation.
Key Responsibilities- Define, implement, and manage the global procurement strategy
- Own the end-to-end supplier lifecycle, including onboarding, due diligence, renewals, and performance management
- Lead contract review, negotiation, co-terming, and pricing optimisation
- Design and run robust RFI and RFP processes, including templates and governance
- Review Statements of Work and supplier proposals
- Create and maintain a renewal and renegotiation roadmap
- Partner with senior stakeholders to align procurement with business strategy
- Track contracts, supplier documentation, and ongoing supplier relationships
- Proven experience in a centralised procurement role within professional or financial services
- Strong track record in contract negotiation and co-terming complex agreements
- Ability to build and run a procurement function independently
- Strong commercial and financial acumen with attention to detail
- Experience working in international, geographically dispersed teams
- Excellent stakeholder management and communication skills
- Degree-level education; professional procurement qualification preferred
Procurement Manager in City of London employer: DVF Recruitment
Contact Detail:
DVF Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager in City of 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 hunt for a new role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨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 contract negotiation and supplier management. Show them you’re the perfect fit!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that excite you! Use our website to find roles that match your skills and interests. Tailor your approach to each application, highlighting your relevant experience in procurement.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Procurement Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Manager role. Highlight your experience in procurement strategy, contract negotiation, and supplier management. We want to see how your skills align with what we're looking for!
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. Share specific examples of how you've successfully managed procurement functions and built relationships with stakeholders.
Showcase Your Achievements: Don't just list your responsibilities; showcase your achievements! Quantify your successes in previous roles, like cost savings or improved supplier performance. We love numbers that tell a story!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at DVF Recruitment
✨Know Your Procurement Strategy
Before the interview, make sure you understand the company's procurement strategy and how it aligns with their overall business goals. Be ready to discuss how you would define and implement a global procurement strategy that optimises costs and enhances supplier performance.
✨Showcase Your Negotiation Skills
Prepare examples of your past contract negotiations, especially in complex agreements. Highlight your approach to co-terming and pricing optimisation, as this will demonstrate your strong commercial acumen and ability to manage supplier relationships effectively.
✨Understand the Vendor Lifecycle
Familiarise yourself with the end-to-end supplier lifecycle, including onboarding, due diligence, and performance management. Be prepared to discuss how you would design and run robust RFI and RFP processes, as well as how you would maintain a renewal and renegotiation roadmap.
✨Engage with Stakeholders
Since this role involves partnering with senior stakeholders, practice how you would communicate and align procurement strategies with their needs. Think of ways to demonstrate your excellent stakeholder management skills and how you can build relationships across geographically dispersed teams.