At a Glance
- Tasks: Support supplier negotiations and manage procurement processes to drive efficiency.
- Company: Join Funding Circle, a fintech on a mission to empower small businesses.
- Benefits: Flexible work, health perks, learning allowance, and great team culture.
- Other info: Be part of a supportive team that values growth and collaboration.
- Why this job: Make a real impact in a fast-paced environment while building your career.
- Qualifications: Strong communication skills and attention to detail; experience with Google Workspace is a plus.
The predicted salary is between 29700 - 36300 £ per year.
We're on a mission to back the UK's small businesses like no one else. Small businesses are the backbone of the economy, and we're here to help them win. We've built a platform that uses clever data to get them the funding they need in minutes, not weeks.
At Funding Circle, we have the restless energy of a fintech start-up with the stability of a public company. It's a unique mix that gives Circlers the autonomy to take ownership and the scale to make an impact that truly counts. We're a high-performing team that chooses to lift each other up. We challenge, we champion, and we have each other's backs - because we know that when we stand together, we move faster and build better.
The impact is real: Last year alone, the businesses on our platform generated 7.2bn for the UK economy. Come and join a mission that matters!
You'll make a real difference for our customers and your team from day one. We believe the fastest way to grow is by doing, so we give you the ownership to run with things and see real-time results.
This is an exciting opportunity for an enthusiastic Procurement Administrator to join an innovative, fast-paced and market-changing fintech. Our Finance team is looking for someone who is keen to learn and to make a real and positive contribution to the team.
- Supplier Acquisition: Support negotiations with third-party suppliers to drive efficiencies and performance improvement. Set up and review low risk Supplier Due-Diligence results. Monitor Procurement Helpdesk (Jira) system to ensure all appropriate actions are taken for new purchase requests across the entire business.
- Ongoing Supplier Management: Assess and review ongoing supplier risk and Service Impact Assessment ratings based on the goods/services being purchased. Maintain and extract accurate risk, supplier and contract data to store on our supplier management database. Check & chase the upcoming contract for renewal/expiry and to chase stakeholders for status updates.
- Internal Administrative Tasks: Review Procurement Inbox. Ensure all reporting is completed accurately and in a timely manner e.g. Peps & Sanctions Checks, Creditsafe Checks. Obtain missing data from the business owners. Set up Supplier Records in procurement system. Supplier Due Diligence and ongoing monitoring. Preparing and involvement in tenders. Assist the Group Procurement function in shaping Procurement to become a best in class in function.
- Relationship Building: Form excellent relationships with internal budget-holders and stakeholders e.g. Legal, Infosec, Finance, Tech.
What we're looking for: We value deep expertise, but a growth mindset and good energy are what really make our team click. We're a group that chooses to lift each other up and think smart every day. Passionate about procurement and how these principles can be applied to Funding Circle's mission to build a better financial world. Strong written and verbal communication skills, with a highly collaborative approach to teamwork that builds trust and aligns cross-functional peers. Exceptional accuracy and meticulous attention to detail when handling data, contracts, and financial records. Proficiency in Google Workspace (Docs/Sheets) and MS Excel. Self-reliant and highly organised, with the time-management skills required to prioritise multi-stream tasks and deliver under tight deadlines. Resilient and proactive in supplier data management—consistently following up to ensure deliverable deadlines are met while supporting positive vendor relationships. Proven ability to build, maintain, and manage strong relationships with internal business stakeholders at all levels. Adaptable, fast learner who thrives in a fast-paced, dynamic, and collaborative environment. Able to proactively identify ways to use Generative AI to streamline your daily tasks and improve your personal productivity. Confident using approved AI tools safely and effectively to enhance your output and find a better way of working.
Skills we'd love to see: Degree qualification desirable.
We're building a place where everyone truly feels they belong. Even if your past experience doesn't align perfectly with every requirement, we'd still love to hear from you.
Why join us? We back you to build an incredible career and by joining us, you'll be part of one of The Sunday Times Best Companies to Work For 2026! As a flexible-first employer, we use a "best of both" approach. We'll see you in our London office to collaborate – with barista coffee and subsidised Just Eat lunches on us!
Our Circler Proposition focuses on five areas:
- Flexibility: We provide a benefit allowance you can tailor to your own life and family.
- Health: This includes private medical and dental, health assessments, and access to a digital GP.
- Wealth: We offer life assurance, share schemes, and financial coaching.
- Development: You get a dedicated annual learning allowance to help you level up.
- Lifestyle: We have electric car and cycle-to-work schemes, plus season ticket loans.
We also have award-winning parental leave policies. We're here to support you through the big life moments, from fertility treatments to new additions to the family.
Ready to join a mission that matters? We'd love to chat!
Location: London
Address: 71 Queen Victoria Street, London, EC4V 4AY
Employment Type: Full time
Location Type: Hybrid
Department: Finance
Procurement Administrator in London employer: Funding Circle
Funding Circle is an exceptional employer that fosters a collaborative and innovative work culture, particularly in our London office where hybrid working allows for flexibility and balance. We prioritise employee growth through mentorship opportunities and encourage the development of cutting-edge AI solutions, all while offering a competitive salary and comprehensive benefits that support your well-being and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Administrator in London
✨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 Funding Circle.
✨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 Administrator in London
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 Funding Circle:Your cover letter should read like you’re chatting directly to Funding Circle. 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 Funding Circle.
How to prepare for a job interview at Funding Circle
✨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 Funding Circle!
✨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 Funding Circle. 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 Funding Circle's culture.
