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- Tasks: Lead strategic sourcing projects and manage relationships with key stakeholders.
- Company: Beaumont Select is a top recruitment agency specialising in Supply Chain & Purchasing.
- Benefits: Enjoy a hybrid working model with flexible office days in London and 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: This role requires an EU work permit and offers opportunities for professional growth.
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, including sourcing events. You should be capable of understanding business needs deeply 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).
- Lead and manage strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing methods, following formal processes, and coordinating with the business and Supplier Relationship Management (SRM).
- Identify new sourcing initiatives proactively through close relationships with business leads and change teams.
- Negotiate commercial and contractual terms with third parties.
- Support budget holders in optimizing budgets and delivering business requirements at the best value with minimized risks.
- Identify and implement cost-saving and cost-avoidance initiatives to meet budget targets, producing MI reports as needed.
- 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: JR United Kingdom
Contact Detail:
JR United Kingdom 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 procurement and financial services sectors. Attend industry events or webinars to connect with potential colleagues and stakeholders, as building relationships is crucial for this role.
✨Tip Number 2
Familiarise yourself with the latest trends in procurement transformation and third-party risk management. Being knowledgeable about current practices will help you stand out during discussions with hiring managers.
✨Tip Number 3
Prepare to discuss specific examples of your experience in managing complex sourcing projects. Highlight your ability to deliver value and cost-saving initiatives, as these are key aspects of the role.
✨Tip Number 4
Research Beaumont Select and their client’s values and objectives. Understanding their business model will allow you to tailor your conversations and demonstrate how your skills align with their needs.
We think you need these skills to ace Procurement Manager - Business Transformation
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Procurement Manager position. Tailor your application to highlight your experience in business transformation and complex sourcing projects.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with strategic sourcing, stakeholder management, and cost-saving initiatives. Use specific examples that demonstrate your ability to lead procurement transformation projects.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role. Discuss how your skills align with the company's needs and how you can contribute to their business transformation goals.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial in procurement roles.
How to prepare for a job interview at JR United Kingdom
✨Understand the Business Transformation Landscape
Familiarise yourself with the key concepts of business transformation, especially in procurement. Be prepared to discuss your previous experiences in managing complex 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 different teams to understand their needs and deliver effective procurement solutions.
✨Showcase Your Negotiation Skills
Be ready to discuss your negotiation strategies and provide examples of successful outcomes. Highlight your experience in negotiating commercial and contractual terms with third parties, as this is crucial for the role.
✨Prepare for Cost-Saving Initiatives Discussion
Think about specific cost-saving initiatives you have implemented in the past. Be prepared to explain how you identified these opportunities and the impact they had on the overall budget and procurement processes.
