At a Glance
- Tasks: Lead and build a new procurement function in a fast-paced global payments business.
- Company: PPRO simplifies access to local payment methods, empowering partners like PayPal and Stripe.
- Benefits: Enjoy hybrid working, generous holiday allowance, gym membership support, and mental health resources.
- Other info: Join a vibrant team of 50+ nationalities in a tech-savvy office near Holborn.
- Why this job: Shape procurement strategy, foster relationships, and drive innovation in a diverse, collaborative environment.
- Qualifications: Proven procurement leader with strong analytical, negotiation, and team management skills.
The predicted salary is between 72000 - 108000 £ per year.
Key Responsibilities:
- Develop and drive the global procurement strategy aligned with business objectives
- Analyse market trends and identify opportunities for cost optimisation and efficiency improvements across international operations
- Collaborate with internal stakeholders across various regions to understand business needs and align procurement activities accordingly, enhancing existing processes and introducing new ones for effective collaboration
- Oversee the entire procurement lifecycle, from sourcing and supplier selection to contract management and performance evaluation on a global scale, implementing and refining the necessary tools and frameworks
- Ensure compliance with legal, regulatory, and ethical procurement standards across diverse jurisdictions, strengthening existing compliance frameworks
- Identify and execute cost-saving initiatives while maintaining quality and service standards globally, driving significant value creation
- Negotiate contracts, terms, and pricing agreements to secure the best value across international markets. Create and execute a playbook strategy for negotiations
- Manage and develop supplier relationships to ensure long-term partnerships and business continuity worldwide, fostering strategic vendor management
- Lead and mentor the procurement team, providing guidance, training, and performance feedback, contributing to team growth and development
- Implement risk management strategies to mitigate supply chain disruptions and improve procurement resilience, as well as a key vendor risk log for global suppliers, designing and embedding robust risk protocols
- Launch RFPs and RFQs to optimise new vendor spend internationally, standardising and improving these processes
- Provide regular executive updates on the roadmap of opportunities and other key projects, articulating the progress and impact of the procurement function
Qualifications & Experience:
- A seasoned procurement leader with extensive experience, including a proven track record of establishing and scaling a procurement function from the ground up, ideally within a fast-paced fintech/tech environment
- Highly analytical and strategic, capable of defining and solving complex problems, interpreting data to drive strategic decision-making, and logically prioritising the establishment of core processes and selection of strategic partners
- A strong negotiator and influencer, with very strong contract management skills and the demonstrated ability to build credibility for a new function, deliver tangible commercial impact, and present confidently to senior management
- A self-starter with a strong sense of ownership and the drive to build something significant, able to work independently while managing multiple priorities and delivering results under pressure
- Proficient in procurement tools and technology, with a keen interest in leveraging digital solutions to build automated, innovative, and efficient procurement processes
- A relationship builder, adept at developing strong connections with both internal stakeholders globally and external suppliers, laying the groundwork for strategic partnerships and cost optimisation
- Experienced in global supply chain management, with in-depth knowledge of procurement regulations and best practices across various international markets, including exposure to near/offshoring of tech and shared function resources
- An effective communicator and team leader, with excellent written and verbal communication skills, a clear and concise approach to executive stakeholders, and proven ability to manage diverse teams and foster a high-performance culture
Head of Procurement in London employer: PPRO
At PPRO, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions innovation and collaboration. With a hybrid working model, generous benefits including a GBP 1,000 annual learning budget, enhanced family leave, and a focus on mental health support, we empower our employees to thrive both personally and professionally. Located in the heart of London, our modern office fosters teamwork and creativity, making it an ideal environment for those looking to make a meaningful impact in the global payments industry.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Procurement in London
✨Tip Number 1
Research PPRO's current procurement practices and their partnerships with companies like Ant Group and PayPal. Understanding their existing strategies will help you tailor your approach and demonstrate how you can enhance their procurement function.
✨Tip Number 2
Network with professionals in the fintech and procurement sectors. Attend industry events or join relevant online forums to connect with individuals who may have insights into PPRO's culture and expectations for the Head of Procurement role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully built procurement functions in the past. Highlight your experience in negotiating contracts and managing supplier relationships, as these are crucial for the role at PPRO.
✨Tip Number 4
Familiarise yourself with global procurement regulations and best practices, especially in the fintech space. Being well-versed in compliance will show that you can navigate the complexities of international procurement effectively.
We think you need these skills to ace Head of Procurement in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in procurement, especially any roles where you've established or scaled a procurement function. Use specific examples that demonstrate your analytical skills and ability to drive cost optimisation.
Craft a Compelling Cover Letter:In your cover letter, express your passion for procurement and how it aligns with PPRO's mission. Mention your leadership style and how you plan to build and mentor a team, as well as your approach to developing procurement strategies.
Showcase Your Negotiation Skills:Provide examples of successful negotiations you've led in the past. Highlight your contract management skills and how you've secured value for previous employers, as this is crucial for the Head of Procurement role.
Demonstrate Cultural Fit:PPRO values collaboration and integrity. In your application, reflect on how you embody these principles. Share experiences where you've worked effectively in diverse teams and how you prioritise customer outcomes in your procurement decisions.
How to prepare for a job interview at PPRO
✨Understand the Company Culture
Before your interview, take some time to research PPRO's company culture and values. Familiarise yourself with their principles like 'we get things done' and 'we work as a team'. This will help you align your answers with what they value in their employees.
✨Showcase Your Strategic Thinking
As a Head of Procurement, you'll need to demonstrate your ability to develop and drive procurement strategies. Prepare examples from your past experiences where you've successfully implemented cost-saving initiatives or optimised procurement processes.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation in this role, be ready to discuss your approach to negotiating contracts and terms. You might even want to role-play a negotiation scenario to showcase your skills and confidence during the interview.
✨Highlight Relationship Management Skills
Building strong relationships with suppliers and internal stakeholders is crucial. Be prepared to share specific examples of how you've developed and maintained these relationships in previous roles, emphasising your communication and interpersonal skills.
