At a Glance
- Tasks: Lead procurement processes and ensure compliance with regulations while driving value for money.
- Company: Join the Financial Reporting Council, a key player in upholding corporate governance standards.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact on public services and contribute to strategic objectives.
- Qualifications: Experience in procurement and strong relationship-building skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
The Financial Reporting Council (FRC) purpose is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. We monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries.
This is an opportunity to play a visible role in contributing to the procurement practice across the FRC, working with stakeholders across the organisation and supporting high-quality, compliant procurement outcomes. The successful candidate will provide professional procurement, commercial and contract input to the business, ensuring alignment with FRC policy, the Public Contracts Regulations 2015 (PCR15) and the Procurement Act 2023 (PA23). This is an exciting opportunity to join the FRC's collaborative Procurement & Contracts team, where you will play a key role in helping the organisation achieve its strategic objectives.
Procurement is a trusted business partner at the FRC, providing advice, guidance and constructive challenge to ensure commercial decisions deliver value for money, comply with regulatory requirements and support organisational success. Working with stakeholders across the business, you will have the opportunity to influence outcomes, drive continuous improvement and contribute to the delivery of high-quality public services.
Accountabilities- Implement procurement best practice to deliver high-quality, compliant and value-focused procurement services for the FRC.
- Manage a range of end-to-end procurement exercises, including the use of Framework Agreements and/or Find a Tender where applicable.
- Manage a portfolio of procurement and contract-related activity, including change control and Notices of Termination.
- Identify and deliver cost savings, process efficiencies and procurement improvements, including contributing to technology solutions that enhance team processes and reporting.
- Work with internal stakeholders to understand business needs, provide procurement advice and support effective delivery of procurement activity.
- Engage with external suppliers to obtain information, quotations, proposals and other procurement-related inputs.
- Maintain and report on data within the FRC’s Contracts Database, ensuring information supports effective management information reporting.
- Design, coordinate and manage tender processes, including preparing tender documents, capturing expressions of interest, managing Q&A, developing evaluation criteria and methodology, and communicating outcomes.
- Support the Head of Procurement & Contracts in delivering the strategic objectives of the procurement function.
- Share knowledge and good practice across the FRC’s procurement team to support consistency, learning and continuous improvement.
- Undertake other procurement, commercial or contract-related activities that are appropriate to the role, skills and level of responsibility.
- Manage procurement and contract-related activity across the role’s portfolio.
- The role requires liaison across the whole organisation.
- External suppliers and stakeholders.
- Strong experience of end-to-end procurement activity, including reviewing applicable terms and conditions and supporting compliant commercial decision-making.
- Sound knowledge and experience of public sector procurement, including pre-market engagement, sourcing, contract management and supplier management.
- Good understanding of the professional, legal and regulatory environment in which the procurement function operates, including PCR15 and PA23.
- Qualified or part-qualified member of the Chartered Institute of Procurement & Supply (MCIPS), or working towards an equivalent professional procurement qualification, is desirable.
- Ability to build effective relationships with colleagues, suppliers and stakeholders, with a strong customer-service ethos.
- Ability to apply procurement requirements in a practical and proportionate way, using sound judgement to support effective outcomes.
- Strong problem-solving skills, with the ability to interpret information and apply sound judgement.
- Ability to manage workload effectively.
- Strong attention to detail, with the ability to review information accurately and identify issues that may require further consideration.
- Excellent IT, written and verbal communication skills, with the ability to explain procurement requirements clearly to a range of audiences.
Procurement Manager employer: FINANCIAL REPORTING COUNCIL
The Financial Reporting Council (FRC) is an exceptional employer, offering a dynamic work environment in Birmingham that fosters collaboration and innovation. With a strong commitment to employee development, the FRC provides ample opportunities for growth and advancement, alongside a hybrid working model that promotes work-life balance. Join us to be part of a team that values your contributions and empowers you to make a meaningful impact in corporate affairs and media relations.
Contact Details:
FINANCIAL REPORTING COUNCIL Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like FINANCIAL REPORTING COUNCIL.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to FINANCIAL REPORTING COUNCIL:Your cover letter should read like you’re chatting directly to FINANCIAL REPORTING COUNCIL. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like FINANCIAL REPORTING COUNCIL.
How to prepare for a job interview at FINANCIAL REPORTING COUNCIL
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at FINANCIAL REPORTING COUNCIL!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at FINANCIAL REPORTING COUNCIL. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into FINANCIAL REPORTING COUNCIL's culture.