Senior Principal Procurement Specialist in London

Senior Principal Procurement Specialist in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
McDermott International, Ltd

At a Glance

  • Tasks: Lead procurement strategies and solve complex challenges that impact the business.
  • Company: Join a global leader in project solutions with a focus on innovation.
  • Benefits: Attractive salary, career development opportunities, and a supportive work environment.
  • Other info: Dynamic role with opportunities for international exposure and teamwork.
  • Why this job: Make a significant impact on projects while developing your expertise in procurement.
  • Qualifications: Bachelor’s degree or equivalent experience in Supply Chain Management required.

The predicted salary is between 60000 - 80000 £ per year.

Senior Principal Procurement Specialist is tasked with solving unique and complex problems that have a broad impact on the business. They must proactively identify and solve the most complex issues that impact the management and direction of the business. They are considered a specialist in Procurement with extensive knowledge of the Supply Chain function and influence the direction and resource allocation of programs and projects in their discipline. The role requires conceptual and innovative thinking to develop creative solutions to Procurement challenges.

Responsibilities

  • Plan, organize, and manage the procurement of materials, equipment, and services required for projects per company and client requirements; in compliance with established company policies and procedures.
  • Interface with the procurement function and other McDermott departments for all matters related to the procurement of material for projects.
  • Work closely with PPMs.
  • Oversee all procurement activities associated with the effective procurement of project materials, equipment, and services scopes per Project or end-user schedules, specifications, and budgets.
  • Implement the Project Procurement Execution Strategy applicable to each project.
  • Manage the Project Procurement group to undertake RFQs, commercial evaluations, and PO award.
  • Resolve all commercial and Terms and Conditions criteria and issues related to RFQs and POs.
  • Monitor all project procurement-related activities and performance, providing direction and support needed to team members, to ensure the successful delivery of project requirements.
  • Liaise with vendors, coordinate and assume lead participation in vendor commercial clarification meetings and/or conference calls, and act as the company focal point on commercial discussions with vendors during the preorder stage, i.e., from RFQ to PO award for projects procurement.
  • Liaise with individual Project Procurement Managers/Coordinators on all procurement matters related to the execution of the Project Procurement Strategy and the effective award of POs for Project materials, equipment & services scope.
  • Liaise with Engineering and QC on technical matters related to an RFQ and/or PO in the pre-award stage.
  • Liaise with Legal to resolve vendor T&Cs and Accounts Payable to resolve vendor payment issues.
  • Monitor and review market conditions and report price and delivery trends for Project materials and equipment.
  • Ensure conformance with the company policies and Procurement procedures by the Project Procurement group and contribute to continuous improvement of procurement work methodologies and processes.
  • Supervise, train, and coordinate the activities of buyers and supporting staff and provide continuous support to staff in their undertaking of all tasks and activities.
  • Undertake regular staff performance reviews.
  • Provide procurement reports as necessary and undertake tasks, activities, and assignments at the direction of the management.

Qualifications

  • Bachelor’s Degree (or equivalent) in Supply Chain Management (or a relevant discipline) or HSD/GED/IGCSE with 15 years of relevant experience.
  • 10–16 years of relevant experience.
  • Familiar with procurement procedures, standards, and codes.
  • Highly analytical and capable of mapping processes to determine areas for improvement.
  • Must be able to quickly learn complex software and be able to teach others.
  • Must be capable of handling a diverse workload and multiple tasks with accuracy under minimal supervision.
  • Work well with others and understands the value of teamwork.
  • Must be intrinsically motivated to succeed and have a high desire for achievement.
  • Procurement experience in “lump-sum” business.
  • International experience and cultural sensitivity.
  • Good communicator with excellent presentation skills to achieve goals and directives.
  • Prefer lump-sum turnkey and modular experience.
  • Prefer SPM, JDE E1, ERP, Oracle experience.
  • Strong proficiency with the entire Microsoft Office Suite.

Senior Principal Procurement Specialist in London employer: McDermott International, Ltd

At McDermott, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Principal Procurement Specialist, you will have the opportunity to tackle complex challenges while working alongside a talented team dedicated to professional growth and development. Our commitment to employee success is reflected in our comprehensive training programmes and supportive environment, making McDermott a rewarding place to advance your career in procurement.

McDermott International, Ltd

Contact Details:

McDermott International, Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Principal Procurement Specialist in 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 Senior Principal Procurement Specialist 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 brushing up on your problem-solving skills. Since this role involves tackling complex issues, think of examples from your past experiences where you've successfully navigated challenges. We want to see that innovative thinking in action!

Tip Number 3

Showcase your analytical prowess! Be ready to discuss how you've mapped processes and identified areas for improvement in previous roles. This will demonstrate your capability to handle the diverse workload expected in this position.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that dream role!

We think you need these skills to ace Senior Principal Procurement Specialist in London

Procurement Management
Supply Chain Knowledge
Analytical Skills
Process Mapping
Project Procurement Execution Strategy
Vendor Management
Commercial Evaluation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Principal Procurement Specialist role. Highlight your experience in procurement and supply chain management, and don’t forget to showcase any innovative solutions you've implemented in past roles.

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. Mention specific projects where you’ve solved complex procurement challenges and how your skills align with our needs at StudySmarter.

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, be sure to include examples of how you've mapped processes or improved procurement methodologies in your application. We love seeing candidates who can think outside the box!

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity!

How to prepare for a job interview at McDermott International, Ltd

Know Your Procurement Stuff

Make sure you brush up on your procurement knowledge, especially around complex issues and innovative solutions. Be ready to discuss specific examples from your past experience where you've tackled tough procurement challenges.

Showcase Your Analytical Skills

Prepare to demonstrate your analytical abilities by discussing how you've mapped processes in previous roles. Think of a time when you identified areas for improvement and be ready to explain your thought process and the outcomes.

Teamwork Makes the Dream Work

Since this role involves liaising with various departments, be prepared to talk about your teamwork experiences. Share examples of how you've collaborated with project managers, engineering teams, or vendors to achieve successful procurement outcomes.

Get Familiar with the Tools

If you're not already familiar with software like SPM, JDE E1, or Oracle, take some time to learn the basics. Being able to discuss your proficiency with these tools will show that you're ready to hit the ground running.