At a Glance
- Tasks: Lead procurement strategies and negotiate contracts to optimise spending.
- Company: Join Qureight, a pioneering tech company transforming clinical trials.
- Benefits: Enjoy a competitive salary, bonuses, private medical insurance, and equity options.
- Other info: Inclusive workplace encouraging applications from all backgrounds.
- Why this job: Make a real impact in healthcare while working with a diverse team.
- Qualifications: 3-5 years in procurement with strong negotiation and analytical skills.
The predicted salary is between 51750 - 63250 £ per year.
About us
Qureight’s mission is to accelerate clinical trials and ensure breakthroughs in lung and heart disease reach patients without delay.
Our AI-powered data and imaging curation platform enables the analysis of clinical imaging and other healthcare data, helping our customers bring treatments to market, faster.
We’re looking for talented people who want their work to matter.
With offices in Cambridge and London, you’ll join our multidisciplinary team of clinicians, scientists, and engineers.
What unites us is our open culture, continuous learning mindset, and a shared mission to help biopharma run faster, smarter trials.
About the role
We are seeking a strategic and results-driven Procurement and Accounts Payable Manager who will be responsible for developing cost-effective procurement strategies, negotiating high-value contracts, and ensuring a resilient supply chain.
You will lead our sourcing activities and manage vendor and internal customer relationships as we implement an Approval Max PO system in the business.
The ideal candidate blends sharp commercial negotiation skills with strong data analysis to drive efficiency across the purchasing operations in the business.
What you will do
- Strategic procurement
- Sourcing strategy: Develop and deliver cost efficiency strategies and optimisation of overall spend.
- Vendor management: Identify, evaluate and onboard reliable vendors and monitor their performance against business KPIs.
- Contract negotiation: Lead negotiations on pricing, credit terms, supplier agreements to maximise value and minimise financial risk.
- For business-critical suppliers, work closely with Legal
Quality compliance (subject to regulatory audit)
- Own and maintain the supplier cycle procedure, including the approved supplier validation list
- Complete the evaluation form for new supplier requests and manage stakeholders by sign posting them to the approved supplier register for selecting existing suppliers
- Carry out credit checks of new suppliers, both controlled critical and uncontrolled suppliers
• Own and maintain the supplier procedure including
- Establishing and maintaining a third-party contractors register
- Tiering critical service suppliers (A/B/C)
- Maintaining a tender register
- Ensure all procurement activities comply with industry quality standards, legal regulations, and company policy.
- Collaboration, reporting and improvement
- Partner with Finance (accounts payable), Legal, and C‑Suite to forecast business demand and support PO Approval/Max workflows
- Responsible for updating and maintaining the business purchasing procedure
- Support the Finance team with any ongoing enquiries with the PO Approval Max system
- Analyse cost data and market trends to deliver regular reports on expenditure and savings against targets.
- Continuous business process improvements.
- What we need
- Minimum of 3–5 years of experience in procurement, purchasing, or supply chain management,
- Professional certification (e. g., CIPS, CPSM) is highly desirable.
- Proven track record of successful contract negotiation and cost-reduction initiatives.
- Proficiency with ERP and procurement software e. g., Xero, Sage, SAP, Oracle, Net Suite.
- Strong analytical mindset, excellent communication skills, and the ability to lead cross-functional projects.
- Prior experience in a regulated environment (Gx P, ISO 27001, medical devices, or clinical trials).
- Even better ifyou have…
- Experience of start-ups in tech or biopharma sectors
- What can you expect from us
- A comprehensive benefits package that includesan annual bonus plan, private medical insurance, life insurance, cycle-to-work scheme, and acontributory pension scheme
- Equity, so that our team can share in the long-term success of Qureight
- 28 days’ holiday allowance, 25 days’ annual leave and 3 additional company days between Christmas and New Year, plus bank holidays and enhanced familyleave
- A diverse work environment that brings together experts in many fields, including software engineering, Dev Ops, data science, machine learning, quality assurance, regulatory affairs, and clinical operations.
Everyone is welcome at Qureight.
We are an equal opportunities employer and encourage applications from all suitably qualified candidates regardless of age, disability, ethnicity, sex, gender reassignment, religion or belief, sexual orientation, marriage and civil partnership, or pregnancy and maternity.
Women and other underrepresented groups may be less likely to apply for a role unless they meet all or nearly all of the requirements.
If this applies to you, we still encourage you to apply – you may be a great fit, even if you don’t meet every qualification.
We’d love to hear from you.
If you require any adjustments to the application or selection process, please let us know. We will be happy to support you.
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Procurement and Accounts Payable Manager in Cambridge employer: Qureight Ltd
At Qureight Ltd, we pride ourselves on being an innovative employer that fosters a collaborative and dynamic work culture. Our team of experts in machine learning and medical imaging is dedicated to pushing the boundaries of technology, offering employees exceptional growth opportunities through cutting-edge projects in a supportive environment. Located in a vibrant area, we provide a unique chance to contribute to meaningful advancements in healthcare while enjoying a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement and Accounts Payable Manager in Cambridge
✨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 Qureight Ltd.
✨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 and Accounts Payable Manager in Cambridge
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 Qureight Ltd:Your cover letter should read like you’re chatting directly to Qureight Ltd. 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 Qureight Ltd.
How to prepare for a job interview at Qureight Ltd
✨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 Qureight Ltd!
✨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 Qureight Ltd. 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 Qureight Ltd's culture.