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For Companies At a Glance
- Tasks: Become a data wizard, managing procurement tools and ensuring accurate records.
- Company: Join Moneybox, a fast-growing fintech on a mission to improve financial futures.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Be a foundational member of a new team and make a real impact in procurement.
- Qualifications: Proficient in Excel with a keen eye for detail; eager to learn and collaborate.
- Other info: Diverse and inclusive workplace with excellent career development opportunities.
The predicted salary is between 28800 - 43200 ÂŁ per year.
At Moneybox, we are on a mission to help people build a better financial future. We’re a fast-paced, innovative fintech company that’s rapidly growing. Our Procurement function was newly established at the beginning of 2025, and this is an exciting opportunity to be a foundational member of a team that will evolve significantly over time.
We are looking for a highly motivated and analytical Junior Procurement Analyst to join our growing team. This is a foundational role where you will become the engine of our daily operations. You don’t need to be a procurement expert yet; we are looking for a “data wizard” who is exceptionally proficient in Excel and eager to learn the rest by working side-by-side with the Procurement Manager.
What you’ll do
- Data Ownership & Tool Management
- Act as the primary administrator for our procurement tool, ensuring it is optimised and used effectively.
- Own the accuracy of all procurement data, ensuring our records are clean, up-to-date, and reliable.
- Utilise advanced Excel skills to produce procurement metrics and monthly reports that provide insight into company spend.
- Interact regularly with the Accounts Payable (AP) team to reconcile data and ensure the absolute accuracy of spend reporting.
- Work closely with FP&A on budgeting and forecasting related to procurement activities.
- Collaborate with Legal, DPO, InfoSec, and Risk teams to ensure compliance and mitigate risks in all procurement activities.
- Train and educate internal teams on procurement policies, processes, and best practices.
- Supplier Lifecycle & Compliance
- Lead the end-to-end due diligence process for all suppliers, ensuring we meet our high standards for risk and compliance.
- Facilitate the smooth onboarding of new vendors and help manage the renewal process for existing ones.
- Act as a helpful point of contact for internal teams, assisting them with their procurement requests and tool usage.
- Strategic Learning
- Learn how to run competitive tenders by supporting the Procurement Manager on Request for Proposals (RFPs).
- Learn how to identify key terms and potential risks in supplier contracts under guidance.
Experience and skills
- You must be highly proficient in Excel (VLOOKUPs, Pivot Tables, and complex data manipulation).
- You have a "keen eye" for spotting data errors and a drive to fix them.
- You have a strong curiosity to learn from others and are comfortable asking questions to ensure tasks are done right.
- Clear and concise communication skills for interacting with stakeholders across Finance, Legal, and InfoSec.
- Ideally, 6 months to 1 year in an analytical or data-heavy administrative role.
Our Commitment to DE&I
At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. We encourage you to let us know if there are any adjustments that we can make.
Working Policy
We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote, candidates must be based within the UK.
Visa Sponsorship
We cannot offer visa sponsorship for this role and cannot consider overseas applications.
Please read before you apply
Please note the offer is conditional and subject to satisfactory pre-employment checks (e.g., criminal record and adverse credit history checks). As a regulated financial business, an adverse financial history could affect suitability. If you are aware of anything that could affect your suitability, please let us know in advance.
By sending your application you acknowledge and agree to Moneybox using your personal data as described. We may share your data with selected third parties acting on our behalf, including transfers outside the EEA and in the United States. We may keep your details on file for future opportunities. If you would like to contact us, please email: talent@moneybox.com or DPO@moneyboxapp.com.
Junior Procurement Specialist employer: Moneybox
Contact Detail:
Moneybox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Procurement Specialist
✨Tip Number 1
Get to know the company inside out! Research Moneybox's mission, values, and recent news. This will help you tailor your conversations and show that you're genuinely interested in being part of the team.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for the interview by practising common questions related to procurement and data analysis. Think about how your skills in Excel can benefit the team and be ready to share examples of your analytical prowess.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Junior Procurement Specialist
Some tips for your application 🫡
Show Off Your Excel Skills: Since we're on the lookout for a data wizard, make sure to highlight your Excel prowess in your application. Mention specific functions you’re comfortable with, like VLOOKUPs and Pivot Tables, to catch our eye!
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clear communication, so make sure your points are easy to understand and get straight to the heart of what makes you a great fit for the role.
Express Your Curiosity: We love candidates who are eager to learn! In your application, share examples of how you've asked questions or sought out knowledge in previous roles. This shows us you're ready to grow alongside our team.
Apply Through Our Website: To make sure your application gets to us without a hitch, apply directly through our website. It’s the best way to ensure we see your amazing skills and enthusiasm for the Junior Procurement Specialist role!
How to prepare for a job interview at Moneybox
✨Master Your Excel Skills
Since this role requires advanced Excel skills, brush up on your VLOOKUPs, Pivot Tables, and data manipulation techniques. Practise using real-world examples to demonstrate your proficiency during the interview.
✨Know Your Procurement Basics
Even if you're not a procurement expert yet, familiarise yourself with key concepts like supplier lifecycle, compliance, and the due diligence process. This will show your eagerness to learn and your understanding of the role's responsibilities.
✨Prepare for Data Accuracy Questions
Expect questions about how you ensure data accuracy and handle errors. Think of specific examples from past experiences where you identified and resolved data discrepancies, showcasing your keen eye for detail.
✨Show Your Curiosity and Communication Skills
Be ready to discuss how you approach learning and asking questions. Highlight instances where clear communication helped you collaborate effectively with teams, especially in finance or legal contexts, as this is crucial for the role.
